Thursday, April 18, 2024

Solana’s Meme Coin BOME Explodes 300%, Reaching Nearly $1 Billion Market Cap.

The meme currency market is buzzing once more, fueled by BOME’s meteoric rise on the Solana blockchain. It has been officially announced by Binance that the cryptocurrency known as Book of Meme (BOME) will be listed on the spot market of the cryptocurrency exchange. This comes after the meme coin was initially introduced in the futures market.

BOME meme coin rallied nearly 300% overnight

Following the announcement of Binance’s formal listing, the price of the Solana-based meme coin BOME experienced a significant appreciation on Saturday. Following an increase of roughly 300% on Saturday, the meme coin is currently leading a rally of tokens that are based on the SOL ecosystem.

Within the first two days of trading, the meme currency added $996 million to its market capitalization. BOME’s launch was further amplified by simultaneous listings on Binance and Bybit futures markets.

A total of 3,14 million BOME tokens were exchanged for 12,721 SOL tokens through the use of a wallet address that is under the supervision of Spotonchain itself.

When it comes to the Solana ecosystem, BOME is leading the charge for a meme currency surge. A number of assets, including Sillycat (SILLYCAT), Gigachad (GIGA), Samoyedcoin (SAMO), Pepecoin on Solana (PEPE), and Loaf Cat (LOAF), have all contributed to the growth of investors over the course of the last day.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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