BOME—The Legendary Creator of Memecoin
2024-10-18$BOME made a sensational debut, landing on top-tier exchanges just 3 days after its launch—an achievement that took other well-known memecoins a year or even longer to accomplish. Why has the BOME project been able to create such a legendary story?
BOME, often referred to as the "Book of Memes," is a project launched by visionary meme artist Darkfarms. The project successfully raised 10,131 SOL in funding, which Darkfarms immediately added to the liquidity pool. This move significantly increased the token’s liquidity, allowing it to absorb large amounts of capital. Several factors contributed to BOME’s rapid success, including high community engagement, rapid liquidity pool growth, a surge in investor interest, and perfect timing with the booming Solana ecosystem. These factors together led to BOME’s total value locked (TVL) skyrocketing to over $4.3 billion, with a peak market cap nearing $1.5 billion. This swift growth greatly accelerated its listing on top-tier exchanges.
The 2024 meme wave has been unstoppable, with the prices of many Memecoins already doubling. However, BOME's price remains at historic lows. Here's a comparison of BOME with other well-known Memecoins:
- BOME: Price $0.0106, six-month gain 44%
- PEPE: Price $0.0000106, six-month gain 387%
- WIF: Price $0.0106, six-month gain 229%
- PEOPLE: Price $0.08750, six-month gain 90%
On October 14, BOME, which had been dormant for a long time, surged with a daily increase of over 30%, reaching $0.01. Whether BOME can return to its peak remains to be seen.
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Please note that cryptocurrencies carry high risks. If you already hold this asset or plan to do so soon, be mindful of the risks and manage your assets carefully.
Disclaimer: The content of this article does not constitute financial or investment advice.