---
title: "This Solana Memecoin Jumps 12% After Listing on Major Crypto Exchange"
url: https://diffcoin.com/this-solana-memecoin-jumps-12-after-listing-on-major-crypto-exchange/
description: "BONK has exploded by over 650% in the past 30 days."
published: 2023-11-28
updated: 2023-11-28
author: "Mila"
site: "Diffcoin"
---

# This Solana Memecoin Jumps 12% After Listing on Major Crypto Exchange

**TL;DR**

- The global cryptocurrency market capitalization has stabilized at around $1.47 trillion with minimal volatility, but Bonk (BONK), a Solana-based memecoin, has stood out with a 12% increase following its inclusion on KuCoin exchange as a BONK/USDT trading pair.
- BONK has experienced significant growth, with its value skyrocketing by over 650% in the past month, outperforming other assets in the crypto industry.
- Factors contributing to BONK’s surge include the generally bullish crypto market in early November and its association with Solana (SOL), which itself saw a notable increase to nearly $70, marking a substantial gain over the month.

The global cryptocurrency market capitalization has consolidated around $1.47 trillion (per CoinGecko’s data), with most digital assets recording little-to-no volatility on a 24 hour basis. However, one token defied the current trend, and its name is Bonk (BONK).

The Solana-based memecoin has soared by over 12% on a daily basis following an announcement coming from the cryptocurrency exchange KuCoin. The latter revealed on X (Twitter) that the trading pair BONK/USDT is now available to customers.

> 📢 New Listing[@bonk_inu](https://twitter.com/bonk_inu?ref_src=twsrc%5Etfw) [$BONK](https://twitter.com/search?q=%24BONK&src=ctag&ref_src=twsrc%5Etfw) Gets Listed on [#KuCoin](https://twitter.com/hashtag/KuCoin?src=hash&ref_src=twsrc%5Etfw)!
> 
> 💎Pair: BONK/USDT 
> 💎Deposit: now open (network: SOL) 
> 💎Trading: 10:00 on November 28, 2023 (UTC)
> 
> — KuCoin (@kucoincom) [November 28, 2023](https://twitter.com/kucoincom/status/1729321007729819949?ref_src=twsrc%5Etfw)

BONK has been among the best-performing assets in the crypto industry lately, with its valuation exploding by more than 650% in the past month.

![BONK Price](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMDE4IDgwNiIgd2lkdGg9IjEwMTgiIGhlaWdodD0iODA2IiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyMyUyRjExJTJGQk9OSy1QcmljZS5wbmciIGRhdGEtdz0iMTAxOCIgZGF0YS1oPSI4MDYiIGRhdGEtYmlwPSIiPjwvc3ZnPg==)

BONK Price, Source: CoinGecko

One reason behind its rally could be the overall bullish condition of the market that reigned during the first half of November. Recall that Bitcoin reached a yearly high of $38,000 following the arising rumors that a spot BTC ETF might soon go live in the United States.

Another factor playing a role in BONK’s surge could be its connection to Solana (SOL). The latter spiked to almost $70 (a price last seen in the spring of 2022), outpacing the gains recorded by BTC and ETH. Despite its consecutive decline, SOL is still 75% up on a monthly basis.

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[Source link](https://cryptopotato.com/this-solana-memecoin-jumps-12-after-listing-on-major-crypto-exchange/)