Good News for Investors from the Giant Crypto Exchange OKX: It Announces the Listing of These Crypto _l s!

OKX, a major cryptocurrency exchange, announced two new listings on Jan. 8, 2024. The platform expands the spot trading market by adding Bonk (BONK) and Jito (JTO) tokrn. Prior to this announcement, the declines in the prices of Jito and Bonk had started to worry investors.

Bonk and Jito Listed on OKX Exchange

Bonk and Jito spot trading pairs began to be listed on OKX at 2 a.m. UTC on Monday, January 8, 2024. JTO's listing introduces a liquid staking protocol within the Solana ecosystem. It will also enable SOL token holders to stake their tokens and receive Jito Staked SOL (JitoSOL) in return.

In addition to Jito, OKX has also added Bonk, a trending Solana meme coin. Bonk represents the lighter side of the cryptocurrency space, with a focus on community engagement. The OKX crypto exchange has structured the list with JTO/USDT and BONK/USDT spot trading pairs for easy trading.

Deposits for JTO and BONK tokens were activated on the same day. On the other hand, withdrawals will be available from 10:00 a.m. UTC on January 9, giving traders full control over their holdings. It is possible that this strategic move will strengthen OKX's position in the cryptocurrency world.

At the time of writing, the Jito crypto price is down 12.73% to $1.53 on Monday. Its market capitalization fell 12.87% to $175.19 million. In addition, the crypto's 24-hour trading volume dropped by a whopping 51.47% to $127.62 million.

Over the past seven days, after recording initial gains, the price of JTO has dropped significantly. Hence, their 1-week loss exceeded 18%. Moreover, it has lost about 50% of its value in the last 30 days. While the recent OKX crypto exchange listing news has helped with a price rebound, it is still uncertain as market volatility has peaked recently.

On the other hand, the meme coin, Bonk, has suffered massive declines after rising unprecedentedly. The meme coin price has dropped by 6.91% on Monday as it is trading at $0.00001016 at the time of writing. The meme crypto's market capitalization fell by 6.88% to $643.38 million.

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