The largest US crypto exchange Coinbase plans to list a red-hot Dogecoin (DOGE) rival.
In a new announcement, Coinbase say it has added the Solana-based (SOL) memecoin Bonk (BONK) to the platform’s ‘listing roadmap’, which warns customers that the exchange could soon add support for certain assets.
The exchange created the roadmap last year to increase transparency and reduce the possibility of new trading support announcements coming to the fore.
At the time of writing, BONK is trading at $0.00001031, up from $0.00000197 thirty days ago, an increase of over 400%.
Pseudonymous crypto strategist Altcoin Sherpa recently said he believes BONK could soon cross the $0.00001500 level on its net gain.
Sherpa said,
“BONK: next stage coming? Probably good to have some exposure to this meme. I’m already completely out of position, but I’m thinking about coming back in.
Earlier this month, Coinbase listed Jito (JTO), a decentralized finance protocol (DeFi) built on top of Solana.
According to Jito, the JTO token can be used to participate in the management of the protocol and to purchase goods and services on DeFi platforms on the Solana blockchain.
Jito came with an ‘experimental’ label, meaning it could have low volume compared to other digital assets.
Jito is trading at $2.66 at the time of writing, down 5.2% in the last 24 hours.
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Featured image: Shutterstock/Jorm S