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Revolut’s Leap into Meme Coin Adoption

February 16, 2024
in Cryptocurrency
Reading Time: 4 mins read
A A
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Revolut’s Leap into Meme Coin Adoption

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Revolut, a number one European banking fintech agency, is reportedly planning to checklist Bonk, the biggest meme coin linked to the Solana blockchain. Moreover, it plans to kick off a $1.2 million marketing campaign to encourage
cryptocurrency consciousness amongst its customers,, based on an knowledgeable supply.

etoro: Expertise a dependable, user-friendly platform trusted by tens of millions. Keep forward within the crypto world. Board the Crypto Practice now!

The proposed “be taught”
marketing campaign awaits approval from Bonk’s governing council, accountable
for overseeing the venture’s treasury of Bonk tokens valued at over $100
million. The most recent replace signifies that the approval vote is nearing quorum,
with six out of the council’s 12 members voting in favor and none opposing. It
is anticipated to cross, based on contributors acquainted with the matter.

Initially conceived by Solana
blockchain fanatics in response to FTX’s tumultuous occasions in November 2022,
Bonk has developed into Solana’s most distinguished meme coin, extensively utilized by
numerous platform functions as an incentive mechanism. Revolut intends
to allocate Bonk tokens to pick customers as rewards for partaking with the
cryptocurrency by means of its utility.

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

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

Preserve Studying

.@RevolutApp plans to checklist Solana’s prime meme coin $BONK, persevering with its march into mainstream crypto buying and selling venues. https://t.co/E7hvLock12

— CoinDesk (@CoinDesk) February 15, 2024

The proposal into consideration
by Bonk’s council outlines the allocation of 93 billion Bonk tokens, equal
to $1.2 million, for the be taught marketing campaign, with the target of increasing Bonk’s
consumer base by 500,000 people, based on a person acquainted with the
initiative.

Crypto Buying and selling Providers in New
Zealand with Be taught and Earn Program

Earlier, Finance Magnates reported that Revolut
launched crypto buying and selling providers in New Zealand. The initiative features a
‘Be taught and Earn’ program, offering free programs for crypto merchants, and
integration with Koinly for streamlined crypto tax submitting. The platform
gives over 100 digital currencies, together with main ones like Bitcoin, Ethereum,
and XRP. Nevertheless, it stays unclear whether or not prospects can switch their
holdings out of Revolut, much like the restrictions within the EU.

Revolut, a number one European banking fintech agency, is reportedly planning to checklist Bonk, the biggest meme coin linked to the Solana blockchain. Moreover, it plans to kick off a $1.2 million marketing campaign to encourage
cryptocurrency consciousness amongst its customers,, based on an knowledgeable supply.

The proposed “be taught”
marketing campaign awaits approval from Bonk’s governing council, accountable
for overseeing the venture’s treasury of Bonk tokens valued at over $100
million. The most recent replace signifies that the approval vote is nearing quorum,
with six out of the council’s 12 members voting in favor and none opposing. It
is anticipated to cross, based on contributors acquainted with the matter.

etoro: Expertise a dependable, user-friendly platform trusted by tens of millions. Keep forward within the crypto world. Board the Crypto Practice now!

Initially conceived by Solana
blockchain fanatics in response to FTX’s tumultuous occasions in November 2022,
Bonk has developed into Solana’s most distinguished meme coin, extensively utilized by
numerous platform functions as an incentive mechanism. Revolut intends
to allocate Bonk tokens to pick customers as rewards for partaking with the
cryptocurrency by means of its utility.

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

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

Preserve Studying

.@RevolutApp plans to checklist Solana’s prime meme coin $BONK, persevering with its march into mainstream crypto buying and selling venues. https://t.co/E7hvLock12

— CoinDesk (@CoinDesk) February 15, 2024

The proposal into consideration
by Bonk’s council outlines the allocation of 93 billion Bonk tokens, equal
to $1.2 million, for the be taught marketing campaign, with the target of increasing Bonk’s
consumer base by 500,000 people, based on a person acquainted with the
initiative.

Crypto Buying and selling Providers in New
Zealand with Be taught and Earn Program

Earlier, Finance Magnates reported that Revolut
launched crypto buying and selling providers in New Zealand. The initiative features a
‘Be taught and Earn’ program, offering free programs for crypto merchants, and
integration with Koinly for streamlined crypto tax submitting. The platform
gives over 100 digital currencies, together with main ones like Bitcoin, Ethereum,
and XRP. Nevertheless, it stays unclear whether or not prospects can switch their
holdings out of Revolut, much like the restrictions within the EU.

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Source link

Tags: AdoptionCoinLeapMemeRevoluts
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