Meme Coin Bonk Jumps 17% as It Seeks Revival With This Partnership: Particulars

Bonk (BONK), a Solana-based meme coin, as soon as a serious sensation within the digital forex ecosystem that pale into oblivion, is now charting one of the vital bold comebacks in its historical past. The extremely unstable digital token is buying and selling at a worth valuation of $0.0000006654, up 17.84% over the previous 24 hours.

As extensively documented, Bonk is understood to have bullish worth motion that may rival that of Shiba Inu (SHIB) and even Dogecoin (DOGE); nonetheless, with the bouts of FUD that stuffed the business over the previous few months, the token was unable to maintain up tempo with its hype.

In what was tagged an uncommon transfer, the meme coin unveiled a partnership with the Bandit community because it seems to create a cross-chain mint aggregator and convey extra utility to $BONK. By advantage of this partnership, customers can now mint non-fungible tokens (NFTs) on three of the most important sensible contract networks, together with Ethereum (ETH), Solana (SOL) and Binance Good Chain (BSC) utilizing Bonk.

🔥 Part 2 is heating up…

We have partnered with @OnBndit to create a Cross-chain Mint Aggregator and convey extra utility to $BONK!

Now you can mint NFTs on Solana, Ethereum, and BSC solely utilizing $BONK!

See subsequent tweet for particulars pic.twitter.com/sqO0ozLxeN

— Bonk! (@bonk_inu) March 14, 2023

The short-term demise of BONK hinged on the premise that it was not creating sufficient avenues to advertise the adoption of BONK, a push that Shiba Inu is extensively recognized for.

Reigniting BONK promise

When BONK got here into the limelight earlier within the yr, it struck a serious chord within the hearts of traders on the Solana community. With its revival on the time, there may be an expectation that the token will return to fulfilling its preliminary guarantees to its early backers.

One such promise is the likelihood that the token can be well-featured within the a lot anticipated Solana Cell Telephone Saga. With plans to simply accept BONK as a fee mannequin and eventual burning of a portion of the accrued gross sales, the Solana Telephone arrange the token on a deflationary path that may complement its current momentum.

Earlier than expectations construct for lengthy, many are presently observing what the latest partnership settlement will assist the token obtain within the close to time period.