/ Explore the explosive growth of Book of Meme (BOME), which is breaks into the top 100 marketcap list.
Author: Nilesh Hembade
Date: 16 Mar 2024, 17:39 AM IST
The memecoin star Book of Meme (BOME), which gained immense popularity after its recent listing, has caused a stir in the cryptocurrency community. Just two days after BOME was introduced to the market, its value has skyrocketed, placing it in the top 100 cryptocurrencies in terms of market capitalization and currently ranked at 88th position. BOME has surpassed rivals like MYRO, COQ, and WEN to take the 7th spot in terms of market capitalization because to its quick rise.
Since its debut on Coinmarketcap on March 14th, the BOME coin has witnessed an extraordinary surge of +2,318%, showcasing its remarkable potential and capturing the attention of investors worldwide.
In the past 24 hours alone, the price of BOME has experienced a staggering jump of +372%, reaching a trading value of $0.2219 and boasting a market capitalization of $1.21 billion.
What is Book of Meme (BOME)?
But what exactly is Book of Meme (BOME)? At its core, BOME is an experimental project with ambitions to reshape Web3 culture by blending memes, decentralized storage solutions, and degen shitcoin trading and gambling. This unique amalgamation combines the preservation of iconic internet memes on the blockchain, leveraging decentralized storage technologies like Arweave and IPFS, and introducing the $BOME token to potentially power a decentralized social media platform infused with meme-inspired entertainment and trading activities.
The rise of BOME demonstrates the increasing popularity of memecoins in the cryptocurrency market and the hype.