A firm acquired by Robinhood, Bitstamp, introduces new Bonk (BONK) trading pairs against USD and EUR, enhancing accessibility via iOS and Android apps.
Bonk, a memecoin that rose to popularity in 2023 in the wake of a meme coin craze that powered Solana’s growth, is no longer just a dog-themed memecoin. It now includes DeFi elements and works with cross-messaging services and NFT platforms, making it more versatile in various cryptosystems.
However, Bitstamp’s listing of BONK has restricted its customers from the US and Singapore, but the coin is already available for trading on popular exchanges like Binance, Coinbase, and OKX.
Also, there are rumors that Bitstamp is considering adding Dogwifhat (WIF) to its list of available assets due to the recent hype around WIF possibly being added to Coinbase. If Bitstamp includes WIF in its trading pairs, it will be among the major trading platforms such as Binance, OKX, Bybit, and Kraken that support the meme coin.
Being one of the most compliant crypto exchanges operating in the European Union, it is essential for Bitstamp’s business development and for recognizing such tokens as BONK and potentially WIF to list them.
Bitstamp’s introduction of new Bonk (BONK) trading pairs against USD and EUR reflects the ongoing evolution of meme coins like Bonk, integrating DeFi features and expanding utility in crypto ecosystems.