- Revolut and BonkDAO team up for a “Learn and Earn Campaign” to increase Bonk’s user base by 500,000.
- The campaign rewards Revolut users with BONK tokens for learning about the cryptocurrency.
European fintech giant Revolut has announced plans to list Solana’s most prominent meme coin, Bonk. This collaboration is poised to launch a “Learn and Earn Campaign,” a strategic initiative designed to significantly expand Bonk’s user base.
#Revolut plans to list #BONK and launch a $1.2M campaign to educate users about the meme coin. Approval vote expected to pass. #crypto #Solana
Follow and stay tuned!
— Learn2Earn (@Learn2Earnify) February 14, 2024
This strategic initiative marks a pivotal moment for Bonk, positioning it for further integration into the mainstream cryptocurrency trading arenas. With pending approval from Bonk’s governing council, the campaign is on the brink of launching a significant effort to expand Bonk’s user base and integration into mainstream crypto trading.
Campaign Aims to Educate and Engage
The initiative to list Bonk and launch an educational campaign is pending approval from the meme coin’s governing council, which oversees a treasury exceeding $100 million in Bonk tokens. Six out of the council’s twelve members have unanimously voted in favor so far, indicating the expected passage of the proposal, which will further solidify Bonk’s position in the crypto market.
This strategic move by Revolut is set to capitalize on Bonk’s remarkable performance, which saw a staggering 19,000% increase in price since November 1, 2023. The listing follows the coin’s addition to major exchanges like Coinbase and Binance, highlighting its growing appeal and potential for wider adoption.
The “learn” campaign, designed to attract 500,000 new users to Bonk, will distribute 93 billion Bonk tokens, worth approximately $1.2 million, to support the educational efforts. This initiative will roll out in two phases, with an initial focus on promoting Bonk’s launch on Revolut, followed by implementing an engaging Learn and Earn program to deepen users’ understanding and interaction with the meme coin.
The essence of this partnership lies in its educational campaign, which is not just about expanding Bonk’s footprint but also about enriching Revolut’s 38 million users with valuable cryptocurrency knowledge. By engaging just a fraction (1.3%) of Revolut’s customer base, BonkDAO envisions meeting its goal for user base expansion.
Moreover, unconfirmed reports suggest a potential listing of Bonk on Robinhood, which, if true, could amplify the meme coin’s visibility and accessibility to a broader audience, reinforcing its trajectory toward mainstream acceptance.
Babe wake up! We’re all bullposting Bonk on the Revolut news and Robinhood rumors!
My heart is so full
Best Valentines ever
— Jecy | AllDomains (@Jecy024) February 14, 2024
These developments have favorably impacted BONK’s price, which has ascended to $0.00001414, marking a 7% growth in just five hours and a 10% uplift in the last 24 hours.
The Rise of Bonk and Crypto Market Sentiments
Bonk emerged from the Solana community after the FTX collapse in November 2022, aiming to revitalize the ecosystem with a positive narrative. Its quick ascension to prominence as Solana’s leading meme coin, utilized by numerous applications on the blockchain for incentivization, underscores the vibrant potential of meme coins within the crypto market.
The campaign’s unveiling coincides with a bullish period for cryptocurrencies, highlighted by Bitcoin’s surge past the $52,000 mark, pushing its market capitalization over the $1 trillion threshold. The enthusiasm around spot Bitcoin ETFs and the anticipated Bitcoin halving event in April lends further momentum to the sector, positioning Bonk’s campaign and listing on Revolut as timely moves within a buoyant market landscape.
