Two Solana Ecosystem Altcoins Jump After Crypto Exchange Bithumb Announces Trading Support
Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb.
Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY).
Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 at time of writing. The memecoin is up more than 90% in the last 30 days.
With a market cap of $424.4 million, PONKE is the 198th largest crypto project.
PONKE also recently gained spot trading support on Binance, which triggered more than a 2,000% rally. It also has support from Bybit, Kraken, KuCoin, Crypto.com and Revolut.
Last month, the project announced the launch of a…
