Joined in 2023 
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An inactive Ethereum investor begins selling holdings amidst Ethereum's market struggles, while curious Chainlink and Bonk trading patterns emerge. This communication is intended for information purposes only and does not constitute an offer, recommendation, solicitation, inducement or an invitation by, or on behalf of, the Company or any affiliates to make any investments whatsoever. Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. Incorporating fun and humor, often represented by playful mascots like ApeMax’s space monkey , adds a lighthearted element that appeals to a broader audience. BONK, the inaugural dog-themed coin on Solana, is enhancing liquidity in Solana-based decentralized exchanges.
The meme started with a video posted on Instagram on July 13, 2019, by user snootboopes, and it showcased a shiba inu being hit with a hammer, followed by a comical “bonk” sound effect. The renewed popularity of meme coins, ranging from well-established ones to emerging contenders like Myro, Toshi, and ApeMax , highlights the enduring fascination with this segment of the cryptocurrency market. ApeMax – A meme coin with utility features such as “Boost-to-Earn” and instant token access during its presale.The SEC in June charged Coinbase with operating an unregistered national securities exchange, brokerage and clearing agency. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. With Bonk’s arrival on Coinbase, it joins famous canine cousins Dogecoin ( DOGE) and Shiba Inu ( SHIB) in the big leagues. For example, Reddit user unrestatthedisco made a JoJo's Bizarre Adventure edit of the image in /r/shitpostcrusaders, [4] gaining over 3,400 likes (shown below, left).
If so, we could be braced for the next groundswell of ‘the next big tokens’, each stupider than the next, each ultimately being a honey trap for exit liquidity. The “Bonk” format eventually became closely associated with the ironic doge memes that proliferated across various social media platforms, including YouTube, Twitter, iFunny, and Instagram. It's a free online image maker that lets you add custom resizable text, images, and much more to templates. To be sure, the trading of meme coins is highly speculative and lightly regulated, if not unregulated. The Bonk DAO is responsible for making decisions regarding the future development and governance of BONK.Named after the beloved pet dog of Solana Co-Founder Raj Gokal, Myro stands out with distinctive use cases that were revealed after its launch. That said, the industry is currently unsure as to how the Howey Test is being applied, with cryptocurrencies like Bitcoin ( BTC) and Ethereum ( ETH) seemingly getting a pass. Other meme coins that have a longer history and similar large market caps, like PEPE, have been ignored by Coinbase, but with BONK the ‘Coinbase Effect’ is clearly evident. If you’d like to file an allegation of infringement, you’ll need to follow the process described in our Copyright and Intellectual Property Policy.
This feature allowed BONK holders to earn a yield on BONK without having to deposit a second asset that BONK would trade against. In fact, analysts are heralding an end to free money, foreshadowed by the three horsemen of rising interest rates, inflation and quantitative tightening. However, the recent surge of Bonk, a dog-themed meme token based on Solana, has caught increasing attention. Fifteen percent was allocated to early openbook traders and the remainder was allocated to various stakeholders, including marketing and development.These 4 or 5-star reviews represent the opinions of the individuals who posted them and do not reflect the views of Etsy. Initially conceived as a meme coin, BONK's journey mirrors that of a small boat navigating its way through the tumultuous waters of the crypto world. As a Solana standout, WIF's rapid rise, coupled with a strategic wallet transaction, positions it as a noteworthy player in the ever-evolving meme token landscape. com, the Sell on Etsy app, and the Etsy app, as well as the electricity that powers Etsy’s global offices and employees working remotely from home in the US.
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