Token

Solana

BOOK OF MEME

Security

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/book-of-meme-token-skyrockets-in-value/" data-wpel-link="internal">Book of Meme Token Skyrockets in Value</a><br></p>
<p class="p1" style="text-align: justify">The Book of Meme (BOME) token, created by the artist behind Pepe, <strong>Darkfarms</strong>, saw a twentyfold increase in value within three hours. This significant surge raised the crypto asset’s market value to approximately 400 million dollars. The pre-sale for the BOOK OF MEME project started on March 13th, allowing participants to send unspecified amounts of Solana (SOL) to a designated address.</p> 
<h2 class="p1" style="text-align: justify" id="the-craze-for-memecoins-continues">The Craze for Memecoins Continues</h2> 
<p class="p1" style="text-align: justify"><strong>BOME</strong> quickly gained interest particularly within Chinese and English communities. The pre-sale collected an unexpected 10,131 SOL, far surpassing Darkfarms’ expectation of 500 to 600 SOL. Due to the overwhelming response, a community vote was held to decide on the allocation of the pre-sale funds.</p> 
<p class="p1" style="text-align: justify">Following the pre-sale, <strong>Darkfarms</strong> integrated the collected funds into a liquidity pool, setting the initial price of BOME at $0.0000496. Large purchase orders of 100 SOL created a highly liquid market, leading to a peak price of $0.0012. This surge subsequently increased the token’s market value to 375 million dollars.</p> 
<p class="p1" style="text-align: justify">Following the rise of BOME, several exchanges including BitMart and HTX announced they would list the asset. Bitmart later confirmed its primary listing of the altcoin project with its first <a href="https://coin-turk.com/wikipedia-kurucu-ortagindan-eos-endisesi" data-wpel-link="internal">USDT</a> trading pair.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-328788 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/bome-grafik.webp" alt="" width="824" height="536"></p> 
<h2 class="p1" style="text-align: justify" id="memecoin-culture-and-solana">Memecoin Culture and Solana</h2> 
<p class="p1" style="text-align: justify"><strong>Book of Meme</strong> consists of an updatable electronic magazine, a meme creation tool, and a comprehensive library containing NFTs. Built on Solana by the artist behind the Pepe meme coin project, it uses Arweave, IPFS, and Inscriptions for data storage and stands out as a social platform for cross-chain storage. Future plans include using a single <a href="https://en.coin-turk.com/rarible-significant-increase-in-trading-volume-within-24-hours/" data-wpel-link="internal">NFT</a> to link all content stored related to a specific meme.</p> 
<p class="p1" style="text-align: justify">The rise of BOME coincides with a broader surge in the meme coin sector, which recently reached a market value of 40 billion dollars. Earlier this year, <a href="https://en.coin-turk.com/how-dogecoin-managed-to-stay-strong-despite-the-declines/" data-wpel-link="internal">Dogecoin</a> (<a href="https://en.coin-turk.com/is-dogecoin-poised-for-a-price-surge/" data-wpel-link="internal">DOGE</a>), Pepe (PEPE), and Dogwifhat (WIF) were in the spotlight, with WIF increasing by 45% to reach an all-time high of $3.45.</p> 
<p class="p1" style="text-align: justify">However, the recent increase in Solana network activity has also attracted malicious actors. Security firm BlockAid reported crypto scams targeting Solana users through wallet-draining attacks two months ago.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/book-of-meme-token-skyrockets-in-value/" data-wpel-link="internal">Book of Meme Token Skyrockets in Value</a></h5>

Book of Meme Token Skyrockets in Value

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