Bonk (BONK), the popular meme coin, is gearing up for a major token burn event this holiday season. Known as "BURNmas," the event will see 1 trillion BONK tokens wiped from circulation by Christmas, causing enormous excitement in the crypto world. The announcement has already sparked increased activity, with BONK prices up 34% in the last week and 131.3% for the month. As the event gets traction, investors are closely monitoring BONK's performance, which might lead to more price increases.
Bonk DAO's ambitious aim to burn 1 trillion BONK tokens is intended to limit supply while increasing the token's value. The event began on November 15 and will end on December 24, with the team agreeing to delete accrued BONK on Christmas Day at 12:01 a.m. UTC.
The burn will be triggered by a variety of community-led activities, assuring active engagement among BONK holders. For example, 1,000 BONK tokens are burnt for every "#LetsBONK" social media post, and 10,000 tokens are deleted for each new Instagram, TikTok, or YouTube subscriber. Gamification also plays an important role. BONK holders can donate by watching the BaoBao cartoon show, participating in the Moonwalk Fitness GameFi project, or trading on platforms such as BONK.LIVE and Saturnbot, which burn 50,000 tokens per transaction. This multifaceted approach assures ongoing community engagement and positions BONK for long-term success. Many investors expect considerable price appreciation as a result of the token burn.
The market has responded well to the BURNmas promotion, with the BONK price reaching an all-time high of $0.00005825 just days after its launch. Rising to the fourth position in the meme coins category and the thirtieth largest cryptocurrency, the token's market value rose to $3.87 billion. Aside from the recent burn event, other factors contributing to the BONK price rally include the recent listing on Coinbase and positive general market momentum.
Analysts predict that BONK will reach $0.0001120 by year-end, with more gains likely in 2025 as the burn generates scarcity. The recent surge also brought Bonk’s year-on-year gain to 989%, making it one of the top performers in the meme coin category this year.
Although BONK's achievement is impressive, savvy investors are also monitoring Rexas Finance (RXS), a new real-world assets (RWAs) tokenization project that has shaken the crypto industry. Rexas Finance is revolutionizing asset management by giving investors access to high-value markets, including real estate, art, and commodities. Rexas Finance offers the digital fraction of these assets, allowing for fractional ownership and removing the high entry fees often seen in traditional property procurements. Rexas Finance's presale has been nothing short of incredible as investors reward the project’s decision to bypass venture capital funding. In ten weeks, it completed six presale phases, raising $12 million and selling 120 million RXS tokens. Stage 7 is currently live, with RXS priced at $0.09 as of writing, with the following stage expected to increase to $0.10. After the presale, the cryptocurrency will be launched on three tier-1 exchanges for $0.20, providing immediate value to early investors.
A successful Certik audit has strengthened Rexas Finance's market confidence, confirming its smart contracts' security and reliability. Furthermore, recent listings on CoinGecko and CoinMarketCap have increased awareness, making RXS more appealing to worldwide investors. Unlike many venture-backed projects, Rexas Finance prioritized public sales. This approach not only created a dedicated community but also ensured decentralized ownership, which is crucial for long-term project success. To further reward its community, Rexas Finance is offering a $1 million giveaway. Twenty top players will each receive $50,000 in RXS tokens, providing a unique opportunity for both experienced and inexperienced investors to acquire significant value. As the cryptocurrency market eyes a prolonged rally to 2025, RXS is well-positioned to profit from this momentum. Its innovative ecosystem, proven success, and solid vision make now an excellent moment to invest, particularly before the presale price rises in the next round.
The crypto market is humming with excitement as BONK prepares for a strong year-end with its token burn campaign. Meanwhile, Rexas Finance provides an unrivaled investment opportunity by combining innovation, credibility, and significant expansion potential. Join Rexas Finance's presale today and be a part of the future of decentralized asset tokenization.
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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