Revolut’s Leap into Meme Coin Adoption

Revolut’s Leap into Meme Coin Adoption

by Jeremy

European banking fintech firm
Revolut is reportedly planning to record Bonk, the largest meme coin related
with the Solana blockchain, and provoke a $1.2 million marketing campaign to encourage
its customers to familiarize themselves with the cryptocurrency, as per a supply
educated in regards to the state of affairs.

The proposed “study”
marketing campaign is contingent upon approval from Bonk’s governing council, accountable
for overseeing the undertaking’s treasury of Bonk tokens, valued at over $100
million. As of the most recent replace, the approval vote had practically reached quorum,
with six out of the council’s 12 members voting in favor and none opposing. It
is anticipated to go, in keeping with members aware of the matter.

Initially conceived by Solana
blockchain fanatics in response to FTX’s tumultuous occasions in November 2022,
Bonk has advanced into Solana’s most outstanding meme coin, extensively utilized by
varied purposes on the platform as an incentive mechanism. Revolut intends
to allocate Bonk tokens to pick out customers as rewards for participating with the
cryptocurrency by way of its software.

Bonk’s Council Considers $1.2
Million Allocation for Consumer Enlargement

The itemizing of Bonk on Revolut is poised to
additional combine the cryptocurrency into mainstream buying and selling platforms,
following its outstanding surge in worth, skyrocketing by 19,000% since November
1, 2023, in keeping with CoinMarketCap. Notably, high exchanges equivalent to Coinbase
and Binance had already listed Bonk throughout that interval.

The proposal into consideration
by Bonk’s council outlines the allocation of 93 billion Bonk tokens, equal
to $1.2 million, for the study marketing campaign, with the target of increasing Bonk’s
person base by 500,000 people, in keeping with a person aware of the
initiative.

European banking fintech firm
Revolut is reportedly planning to record Bonk, the largest meme coin related
with the Solana blockchain, and provoke a $1.2 million marketing campaign to encourage
its customers to familiarize themselves with the cryptocurrency, as per a supply
educated in regards to the state of affairs.

The proposed “study”
marketing campaign is contingent upon approval from Bonk’s governing council, accountable
for overseeing the undertaking’s treasury of Bonk tokens, valued at over $100
million. As of the most recent replace, the approval vote had practically reached quorum,
with six out of the council’s 12 members voting in favor and none opposing. It
is anticipated to go, in keeping with members aware of the matter.

Initially conceived by Solana
blockchain fanatics in response to FTX’s tumultuous occasions in November 2022,
Bonk has advanced into Solana’s most outstanding meme coin, extensively utilized by
varied purposes on the platform as an incentive mechanism. Revolut intends
to allocate Bonk tokens to pick out customers as rewards for participating with the
cryptocurrency by way of its software.

Bonk’s Council Considers $1.2
Million Allocation for Consumer Enlargement

The itemizing of Bonk on Revolut is poised to
additional combine the cryptocurrency into mainstream buying and selling platforms,
following its outstanding surge in worth, skyrocketing by 19,000% since November
1, 2023, in keeping with CoinMarketCap. Notably, high exchanges equivalent to Coinbase
and Binance had already listed Bonk throughout that interval.

The proposal into consideration
by Bonk’s council outlines the allocation of 93 billion Bonk tokens, equal
to $1.2 million, for the study marketing campaign, with the target of increasing Bonk’s
person base by 500,000 people, in keeping with a person aware of the
initiative.



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