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PONKE Memecoin Eyes Major Milestones with New Utility-Powered PonkeSwap DEX

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Solana-based viral memecoin PONKE is able to start the subsequent leg of its journey by introducing added utility for its customers with PonkeSwap.

Amidst rising curiosity in crypto and elevated adoption of decentralized companies, PONKE has launched a decentralized trade (DEX). The DEX will leverage the low-cost and quick infrastructure of Solana to offer an environment friendly and accessible decentralized buying and selling expertise to its expansive ecosystem.

PONKE has already generated loads of traction with its memecoin, which is up a whopping 1,278% from its $0.02173 low earlier this yr. The golden little one of Solana, which embodies the persona of a giant danger taker, is at present listed on Revolut, Bybit, Kraken, KuCoin, and Crypto.com, amongst different main CEXs.

This has led the community-driven venture to realize almost a million followers throughout social media and tens of hundreds of thousands of views of their viral content material.

Now, the memecoin is providing its giant and extremely engaged neighborhood a chance to hitch the decentralized motion and luxuriate in seamless token swaps and rewards. As a part of the Ponke ecosystem, PonkeSwap goals to simplify the complicated cryptocurrency panorama for customers looking for enjoyable, flexibility, and profitable alternatives.

Redefining the Memecoin Area

The PonkeSwap DEX comes geared up with a quick and environment friendly token swap functionality. Utilizing this characteristic, you’ll be able to swap your $PONKE for different Solana-based tokens immediately.

Given the recognition of the Solana blockchain, which has led to the memecoin mania, there’s a necessity for an efficient technique to commerce these tokens with ease. And with ample liquidity swimming pools, PonkeSwap affords simply that: the power to commerce tokens simply.
“PonkeSwap is designed to be the perfect entry level for brand spanking new merchants seeking to be a part of the Ponke ecosystem,” is what Ponke’s growth lead has to say concerning the DEX, which can make exploring the huge crypto ecosystem “easy and seamless.”

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Ponke Improvement Group
There’s even a particular rewards characteristic that permits customers to lock their $PONKE tokens and effortlessly earn a share of charges generated throughout the platform. The PONKE neighborhood has already locked 15M tokens on PonkeSwap, representing $6.7M in USD worth, and almost 3% of obtainable provide.

Eyeing a Main Tier 1 CEX Itemizing

The thrill with PonkeSwap doesn’t finish right here. The DEX launch can really assist PONKE attain the lots by gaining a list on the biggest crypto trade within the US, Coinbase. The general public-listed buying and selling platform (COIN) boasts 8 million month-to-month transacting customers, whereas the entire variety of verified customers final reported (4Q22) was 110 million.

Curiously, Coinbase is just not huge on itemizing memecoins until the venture affords some type of utility. This commentary was made by X person @rasmr_eth, who famous that regardless of all of the memecoin craze, the trade has not listed one for spot buying and selling within the US since BONK in Might.

“Coinbase doesn’t listing securities. Coinbase lists utility tokens,” famous the blockchain researcher in his X thread.

With regards to Bonk, the memecoin is concerned in simplifying DeFi for holders and being a most well-liked in-game foreign money throughout blockchain gaming. This reveals that whereas memecoins are the main narrative this cycle, solely those who supply utility will get an opportunity at Coinbase itemizing.

So, PONKE, with its quickly rising neighborhood, presence on different tier 1 CEXs, and the launch of PonkeSwap, appears to be best-positioned to turn into the subsequent memecoin to be listed on Coinbase. Such a list has the potential to ship PONKE on a face-melting rally, main to cost discovery, and turn into a standout participant within the cryptocurrency panorama.

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