After reports surfaced regarding a potential partnership with the European fintech company Revolut, the Solana-based memecoin, Bonk (BONK), observed a 7% surge in its price. This speculated collaboration, dubbed the "Learn and Earn Campaign," aims to expand Bonk's user base by an impressive 500,000. However, the partnership awaits approval from BonkDAO, the decentralized autonomous organization overseeing Bonk.

If this collaboration materializes, Bonk would only need to attract 1.3% of Revolut's 38 million users to meet its target growth. To incentivize participation in the proposed campaign, Revolut plans to offer $1.2 million in rewards. Bonk's price appeared to react positively to the news, rising by 7.2% within five hours and a total of 13.1% over a 24-hour period.

Bonk gained widespread attention in late 2023 when its price skyrocketed by an astonishing 14,000%. Although it has since declined by 60%, it remains a popular choice among memecoin traders. The campaign still awaits official approval from BonkDAO, with seven out of 12 Bonk voting members currently endorsing it.

If approved, the campaign will roll out in two phases, or "waves." The first wave will focus on Bonk's introduction to Revolut, targeting "organic growth" for up to two months. The second wave will then launch the Learn and Earn campaign. Additionally, there are unconfirmed reports suggesting that Robinhood may soon list Bonk on its platform, although neither party has publicly confirmed these rumors yet.