Meme Coin Price Has Jumped: Will the US Company Make Another Listing? - Coin Bulletin

Important information about a new token listing by Robinhood has been leaked through onchain transactions.

According to the analysis, it was revealed that Robinhood plans to add the Bonk (BONK) token of the United States to its platform. This information was reflected to the public through an on-chain transaction within the scope of the Associated Token Account Program.

What do Onchain transactions show?

According to the shared transaction details, Robinhood has created an 'Associated Token Account' for the BONK token. The mint address of Bonk and the relevant token program data were clearly visible during the transaction. This indicates that Robinhood is preparing to list Bonk.

Bonk (BONK) is known as a memecoin based on the Solana ecosystem and has been closely followed by the community in recent times. The listing of this token by Robinhood could be an important step in both the adoption of Bonk and the diversification of the platform's crypto assets.

Robinhood listings and their impact on the market

Listing a cryptocurrency asset by Robinhood usually causes sudden price hikes for that token. Previously, the news of DogWifHat (WIF) token's listing led to a 10% increase in its price. Bonk's listing news may also attract investors' attention and increase the value of the token.