Introducing Book Of Meme (BOME), The Latest $1 Billion Crypto Sensation
Memecoin project Book of Meme (BOME) has emerged as the latest shining star in the crypto market over the last few days.
Following its official launch this week, BOME has attracted much investor interest, acquiring a market cap of $1 billion within 48 hours of trading.
BOME’s sudden emergence can be regarded as a silver lining in the crypto space in the last week amidst Bitcoin’s 4% decline, which resulted in the maiden cryptocurrency falling to around $65,345.14.
Meanwhile, Ethereum is also down by 10%, while prominent memecoins Dogecoin and Shiba Inu also recorded losses to the tune of 24.23% and 16.69% over the last seven days. Related Reading: Solana’s Biggest Memecoin Gains Over $680,000 In 3 Days As Investors Bet On Its Popularity What Is The Book Of Meme? The Book of Meme was founded by DarkFarms, the creator of another popular memecoin Pepecoin.
BOME functions as an experimental project aimed at incorporating memes, decentralized storage solutions, degen shitcoin trading, and gambling on a single platform in a bid to create a novel web3 experience. Following a successful presale that raised 10,131 SOL, BOME debuted in the crypto market on March 14 with an initial price of $0.0000496.
Over the next two days, Book of Meme swiftly rose to a price region of $0.012 while achieving a market cap value of $1 billion. Due to the sudden listing by Binance, MEMECOIN BOME rose sharply by 243% in 24h, but other MEMECOINs generally fell sharply, PEPE WIF FLOKI BONK fell by more than 10%.
The current market value of BOME has exceeded US$1.38 billion, ranking seventh in MEMECOIN in terms of market…