- Binance’s Support for Bonk Inu: Binance has extended its services for Bonk Inu (BONK) on the Solana network, including offering Trading Bots for the BONK/USDT trading pair.
- Bonk Inu’s Market Performance: Despite experiencing a recent decline, Bonk Inu’s value remains 300% higher than a month ago, with a market capitalization exceeding $1 billion.
- New Trading Pairs with Turkish Lira: Binance has introduced new trading pairs involving the Turkish Lira (TRY) to cater to the growing interest in cryptocurrencies in Turkey amidst economic challenges.
Binance, the world’s largest cryptocurrency exchange by trading volume, has expanded its support for the Solana meme coin Bonk Inu (BONK).
The platform will offer Trading Bots services for the following trading pairs: BONK/USDT and 1000SATS/USDT from December 21.
This move from Binance comes shortly after the company listed the asset on its platform, potentially contributing to BONK’s substantial price rise.
Despite the recent price decrease, the valuation of the meme coin is still 300% higher than a month ago, with a market capitalization surpassing $1 billion.
In addition to further support for BONK, Binance will also open trading for three spot trading pairs: BLZ/FDUSD, RARE/TRY, and VANRY/TRY.
Two of these pairs involve the Turkish lira (TRY), providing Turks with the opportunity to explore the world of crypto. The local community has shown significant interest in digital assets in recent years, partly due to the decline of the national currency and the challenging state of the domestic economy.
