What is BOME and Why is it Suddenly Become Popular?
BOME, short for Book of Meme, is a type of cryptocurrency called a memecoin that launched just a couple of days ago.
Surprisingly, it has quickly become very popular and has reached a market value of over $1 billion.
This rapid rise in popularity led to BOME being listed first on Bybit and then on Binance for trading.
On its official website, BOME describes itself as an experimental project aiming to combine memes, decentralized storage solutions, and the trading of Decanter shitcoin to redefine web3 culture.
The project collects evolving memes into a digital compendium called the BOOK OF MEME , keeping them immortalized on the blockchain.
Unlike BOME's success, other memecoins like PEPE , WIF , FLOKI, and BONK experienced significant drops in value, losing more than 10% during the day.
The largest investor in BOME, known as Sundayfunday.sol, invested 420 SOLS initially, equivalent to $67,200.
Currently, their unrealized earnings have soared to $34.56 million, marking a return of 436 times the investment. Interestingly, they haven't sold any tokens yet.
Another participant in the BOME pre-sale managed to sell all their 347 million BOME tokens for 34,647 SOL, approximately $6.58 million, which represents a 340 times gain from their initial investment of 102 SOL (about $19,000).
These events have drawn attention to BOME within the cryptocurrency community, especially on platforms like Binance, emphasizing its potential in the memecoin and crypto market.
