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Main » Crypto News » Solana's new memcoin jumped 1,400% in 24 hours and raised $1.2 billion market value

Solana's new memcoin jumped 1,400% in 24 hours and raised $1.2 billion market value

Solana's new memcoin jumped 1,400% in 24 hours and raised $1.2 billion market value

The cryptocurrency market is gradually recovering lost levels after the correction that began on Thursday night into Friday. Although memecoin price charts are still dominated by the color red, the young project quickly caught the attention of speculators and became the 9th most traded token in the last 24 hours. Meet BOOK OF MEME (BOME).
BOME is a memcoin mined on the Solana blockchain. This memetic cryptocurrency hit the market just this week,
In the last 24 hours, its price on the Poloniex exchange has jumped by 1,483%. Its market capitalization has already reached $1,267,996,780.

The memecoin craze is not over yet


Fans of speculative trading have set their eyes on a new project from the world of memetic cryptocurrencies. This is a mining token on the Solana blockchain with an interesting sounding name BOOK OF MEME (BOME).
It can of course be bought on decentralized exchanges (DEX), but it has also already appeared on the Poloniex platform led by Justin Sun. That's where the price of this token jumped 1,483% in the last 24 hours, as you can see in the chart below.

As of this writing, BOME's exchange rate is $0.01963. Moreover, according to CoinMarketCap, its daily trading volume has reached 3,517,539,694, making it the ninth most traded token on the market today.
Its market capitalization, on the other hand, was able to cross the $1.2 billion mark, making it the 89th most traded digital asset in the industry. Not a bad start, it must be said. Its community is also starting to grow, which only increases its chances of staying in the upper echelon in the sector.
Important Notice: The material provided is for informational purposes only and does not constitute investment advice. The Rao Cash editorial team is not responsible for your financial decisions. Cryptocurrency assets involve high risks — conduct your own research (DYOR).

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