Revolut Plans Bonk Listing: $1.2M Marketing Push

Revolut platform to list a meme coin, Bonk with a planned marketing effort of $1.2 million to educate customers about the cryptocurrency.

The largest meme coin in Solana, Bonk, is about to be listed by the European banking firm Revolut, which is reportedly planning to launch a $1.2 million marketing effort to educate its customers about the cryptocurrency.

The BONK governing council, which is in charge of the project’s treasury of more than 100 million BONK tokens, has not yet approved the “learn” advertising plan. Six out of twelve council members had already cast their votes in favor, and there was no dissenting voice as of press time. Most people involved think it will go away.

No comment from Revolut.
According to CoinMarketCap, BONK’s price increased by 19,000% since November 1st, 2023, and this listing will mark the continuation of its push into major crypto trading sites. It was listed at that time by Coinbase, Binance, and other big exchanges.

Solana blockchain enthusiasts wanted to help the ecosystem recover after FTX’s collapse in November 2022, so they launched BONK, a token. Many Solana-based apps now use it as an incentive, and it has quickly become the most popular meme coin on Solana.

Additionally, Revolut intends to reward certain of its users who learn about BONK through the app by distributing BONK to them.
According to an individual acquainted with the arrangements, the learn campaign will automatically receive 93 billion BONK tokens, which is equivalent to $1.2 million, as part of the proposal that is currently being voted on by BONK’s council. The proposal said that the campaign’s objective is to boost BONK’s user base by half a million.

The advocates of the token, according to a BONK contributor, have “lots in the works” to increase the meme coin’s popularity in the next months.