The price of Bonk (BONK) soared more than 13% after news surfaced of a potential partnership with European fintech giant Revolut. Bonk DAO, the decentralized autonomous organization behind the same coin, reportedly propose launching BONK on Revolut’s crypto trading platform via a “Learn and Earn” incentive campaign to onboard 500,000 new users.
On February 15, unconfirmed reports emerged that Bonk DAO had submitted a proposal to launch BONK on Revolut. The campaign is rumored to reward Revolut’s 38 million users for discovering Bonk, with a total of $1.2 million in rewards up for grabs.
The unverified listing rumor sparked a wave of FOMO, immediately causing Bonk’s price to rise by 13.26%. The meme coin reached a high of $0.000025 before settling around $0.00001412.
8 out of 12 Bonk DAO voters have already expressed their support, suggesting an official announcement could be imminent.
The Revolut listing would represent Bonk’s largest mainstream adoption drive if approved. The proposed “Learn and Earn” incentives could exponentially increase Bonk’s user base by half a million users overnight.
Revolut’s massive reach across Europe makes targeted user acquisition possible. The fintech startup operates in 50 countries and has over 38 million monthly active users. NFT-style rewards provide a simple way to simultaneously educate and convert millions of customers to Bonk.
Rumors about Bonk’s potential listing on Robinhood are circulating, sparking enthusiasm among traders. If listed, Bonk could be exposed to Robinhood’s large user base. However, Robinhood has not confirmed the rumors, leaving room for uncertainty despite community enthusiasm boosting Bonk’s value.
Nonetheless, Bonk now appears poised for massive growth, if the rumors come to fruition. The memecoin has established itself as one of the leading Solana tokens amid the recent resurgence, despite falling 60% from its all-time high. As the crypto market faces another surge, listings on mainstream platforms like Revolut or Robinhood could make Bonk’s price go parabolic.
Read also: Bonk, the Solana MemeCoin, now available on Coinbase