🐼Panda Research Report Issue 12: The price rose by more than 4000% in the first day after the market opened. The new MEME coin BOME of the SOL chain became a god in a battle, revealing the secret of BOME’s growth!!!

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Recently, many fans have achieved financial freedom. There is a fan group whose fans increased from 1,000U to 400,000U in just one day. This is the latest top narrative MEME coin of the SOL chain, driving the MEME coin issuance boom in crowdfunding pools. The MEME development history of the SOL chain will remember this day firmly. It will be unparalleled and invincible. But how did this MEME become popular? What kind of experience will it bring us? Today, Panda will give you an in-depth analysis of why BOME started and where it is going.

1. Background:

Darkfarms, the founder of BOME token, is a high-profile figure in the current cryptocurrency art field. As an important participant in the PEPE circle and NFT circle, Darkfarms has been committed to creating Pepe Meme pictures and NFT for many years. His personal website http://deca.art/darkfarms1 records his many creations and demonstrates his outstanding contributions in this field.

@Darkfarms1

2. Project inspiration

On March 10, Darkfarms began to preview upcoming projects, and on the 12th, it revealed a project called "BOOK OF MEME" and its concept. The project aims to be a multifunctional tool that can be understood not only as a "junk coin" but also as an electronic magazine that can be updated at any time. In addition, it provides tools for making memes, including a CC0 meme library, and the potential to become a decentralized social network. In general, "BOOK OF MEME" aims to collect current Meme metadata and continuously expand its creative functions.

3. Pre-sale process:

On March 13, Darkfarms launched BOME’s pre-sale activity. Participants only need to send SOL to the designated Solana address to participate. Unlike other projects, this presale does not have a fixed price, but instead distributes tokens based on the proportion of SOL donated by participants. Such a pre-sale model allows people to participate according to their own wishes without being restricted by a fixed price.

The pre-sale has progressed beyond Darkfarms’ initial expectations. Their initial fundraising goal was only 500-600 SOL, but in fact they raised far more than this number. Since the amount of funds raised far exceeded expectations, Darkfarms decided to open a community vote, and participants will jointly decide how to distribute the pre-sale funds.

According to data disclosed by Darkfarms, as of 8 a.m. on the fundraising day, they had raised a total of 10,131 SOL (worth approximately 1,800,000U). The number far exceeded his initial expectations and showed a high level of community support and interest in the project. The huge structure and pool make BOME a target for giant whales and smart money to flock to.

4. Project Trend

At 15:00 pm on March 14, Darkfarms added all SOL raised into the liquidity provision (LP) pool, with the initial price being 0.003496 USDT.

Subsequently, this token began to spread widely in domestic and foreign communities. Due to its extremely high liquidity and relatively macro narrative consensus, the creators added all SOL to the LP pool, which directly led to BOME being able to accommodate a large number of Funds come in. The project caused a sensation as soon as it was launched, and a large number of buy orders of more than 100 SOLs continued to pour in, driving its price to continue to rise. As of 16:00 on March 15, 2024, the highest price of BOME tokens reached 0.005 USDT, an increase of approximately 40 times, and the market value currently exceeds US$350 million.

At present, BOME tokens are still continuing to rise, waiting for an opportunity to be listed on Binance and Ethereum, and become the new king of MEME coins in the SOL chain.

I am Panda Superman, your comments, likes, collections and attention are my motivation to keep sharing! Welcome to join my small group. The group provides space for discussing blockchain cryptocurrency. There is also a paid group that provides early project consultation and wealth passwords. This time $BOME, I reminded my friends to get on the ride yesterday, and currently there are lucky fans who have received a 10 times increase.