MEXC Announces Plans To List BONK/USDT Trading Pair
According to reports, the Sydney-based crypto exchange firm, MEXC, wants to add a new trading pair, BONK/USDT, to its platform. The new listing could give the coin a head-start in the new year.
MEXC Reveals Timeline For Listing BONK/USDT
Despite the bearish crypto market in 2022, the MEXC exchange is taking a bullish step by adding a new trading pair to its platform. Meanwhile, reports alleged that BONK is Solana’s first meme coin.
Also, MEXC’s official statement revealed that the trading platform would first list the token in the assessment zone. Additionally, MEXC’s report contained a timeline for listing BONK for deposits, trading, and withdrawal.
Deposits of BONK are already live at the moment. Users with the token can deposit them on the exchange and wait for trading to begin.
As stated in the timeline, trading of the BONK token will become available on January 3rd. Meanwhile, MEXC will open withdrawals on January 4th, 2022.
BONK is listed on several Solana-based DEX platforms, such as Jupiter, Raydium, and Orca. Most platforms have the BONK/USDC pair, while Orca has another pair, the BONK/SOL.
The introduction of the BONK/USDT trading pair means the Bonk Inu token is now available in three trading pairs. Interestingly, reports allege that other crypto exchanges are thinking of listing the BONK token.
On January 3rd, a Twitter user, @CryptoDynoDyno, claimed that the top crypto exchange, KuCoin, will soon list the token.
Good News For The Solana Community
Meanwhile, the latest news has kindled hope in the BONK and Solana communities. Despite the Solana network having a tough time due to shortages in 2022, the blockchain is starting 2023 on a good note.
The crypto Twitter community has been optimistic about the news since it broke out. One user stated that the move is good news for the Solana ecosystem.
Notably, the price of BONK might shoot up after the listing and withdrawal opening on January 5th. A few days ago, Coinmarketcap added the token to its data tracking platform.
The token’s price could also benefit from the announcement and final listing later today. Before its listing on CoinMarketCap, BONK’s price was around $0.000000108.
Surprisingly, the token’s price has since increased by about eight times. According to CoinMarketCap, the token is trading around the $0.000001 mark.
When the MEXC exchange finally lists the token for trading and withdrawal, the Bonk Inu community could expect a further increase in the token’s price.
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