US-based investment company Robinhood has announced the expansion of the range of meme tokens available on the platform.
According to information posted on the official X (Twitter) page of Robinhood's cryptocurrency division, the BONK meme token is now available for trading on Robinhood Crypto in some EU jurisdictions.
Loading...
BONK, also known as Bonk Inu, is a meme token on the Solana blockchain. Similar to SHIB and DOGE, it is a dog-themed token. BONK was launched in December 2022, but its founders remained anonymous. The total amount of BONK tokens issued is 100 trillion coins, with 50% of the total amount donated to the Solana ecosystem community.
"Buy, sell, and trade 24/7 in-app and get a percentage of the transaction amount back in BTC," Robinhood invites.
Robinhood Crypto is a safe and secure platform where you can trade cryptocurrencies at the lowest price in the European Union.
News of Robinhood's listing contributed to the rise in the price of BONK.
At the time of writing, BONK is trading at $0.00003802, up 15.5% in the last 24 hours.
Last month, Robinhood increased the number of available stocks and ETFs to 922 in the 24-hour market.
Robinhood's recent actions reaffirm the company's customer focus and underscore its commitment to providing users with the best trading conditions in the financial markets.
Also read: Shiba Inu price up 92% overnight
