Solana’s Memecoin Bonk has climbed 7% on speculation fueled by a possible alliance with Revolut.
Memecoin surged at a rapid pace soon after the news broke out stating that it could soon be listed on the Revolut trading platform.
Also Read: Shiba Inu: Will BONK Be the Next SHIB?
A possible learn-and-earn campaign on cards for BONK?
The speculation spree gained momentum after a post on BonkDAO went viral. Per the post uploaded on BonkDAO, Revolut was supposed to spearhead a new learn-and-earn campaign for BONK. However, the proposal is still pending and requires approval to gain further prominence.
With a focus on onboarding 500,000 users, the intended learn-and-earn campaign will promote Solana’s BONK and help the meme coin gain market momentum on Revolut.
The campaign is also set to educate the masses about the potential of BONK.
“BONK will be launching on one of the biggest European fintechs with more than 38 million users, operating under a banking license, and living in more than 50 countries.
The focus of the campaign will be to onboard 500,000 new BONK users, significantly increasing the active holder base through a learn-and-earn campaign.”
Also Read: Solana-Based BONK Overtakes Shiba Inu & Dogecoin Volumes
Solana’s BONK Continues Its Upward Ascent
Solana’s Memecoin has been climbing steadily at a rapid pace. According to Coingecko, the token has surged 30.7% in the last 7 days.
Launched in July, the token was primarily created “in the aftermath of the FTX implosion,” to inject some happiness back into the crypto community.
Since its inception, the token has amassed a massive fan following.
Once the proposal on BonkDAO gains approval, the campaign is set to be launched in two “waves.”
“There will be 2 waves of user acquisition: 1: the token launch with organic growth for 1–2 months. 2: L&E campaign to engage with new users.”
At the time of writing, all 8 members have approved the proposal, sending the campaign up for processing.