OKX to list JTO and BONK on spot trading platform


One of the largest cryptocurrency exchanges, OKX, announced the listing of two popular tokens in the crypto community.

The OKX exchange said on Jan. 8 that Jito (JTO) and Bonk (BONK) tokens will be listed on the spot platform. Deposits in two toxins are already available, as is trading in pairs with JTO/USDT and BONK/USDT. Withdrawal of assets will begin on Jan. 9.

Last month, the BONK listing was reported by cryptocurrency exchanges Binance and Coinbase. On Dec. 14, the crypto exchange Coinbase added token trading, and on Dec. 15, the coin was listed by Binance. Specifically, Binance has added BONK/USDT, BONK/FDUSD, and BONK/TRY pairs. Later, crypto exchanges Kraken and WazirX announced the listing of BONK.

Against the backdrop of this news, by mid-December, the token had risen in price by more than 10,000% in two months. However, after such rapid growth, meme coin began to fall in price, losing 17% of its value over the past month and reaching a cost of $0.00001004.

As for JTO, the token was launched at the end of November 2023 to govern and stimulate the development of a liquidity protocol based on Solana. Investors in Jito Labs include the venture fund Solana Ventures and Solana Labs co-founder Anatoly Yakovenko. The Jito Foundation team announced they plan to issue 1 billion JTO tokens. The initial circulating supply will be 115 million tokens.

Source : crypto.news / Jan 8, 2024

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