Solana's meme coin BOOK OF MEME (BOME) increased by 5000% in a day

The launch of BOOK OF MEME (BOME), a new meme coin based on Solana, created a real sensation in the cryptocurrency market: the price of the coin increased by 5000% in a day

Solana's meme coin BOOK OF MEME (BOME) increased by 5000% in a day

Within a day of its release, the price of BOME (BOOK OF MEME) skyrocketed by a staggering 5,000%, attracting the attention of investors and enthusiasts alike.

The meteoric rise of BOME, which has grown by thousands of percent since its launch, illustrates the appeal of meme coins in the cryptocurrency market. Similar to the recent success of other meme coins such as WIF, PEPE and DOGE, BOME's rise has attracted investors looking to capitalize on the unprecedented hype and volatility surrounding these assets.

For example, a trader known as Shatter.sol immediately recognized the potential of BOME and invested 50 SOL (approximately $8,500) in the pre-sale. In return, the trader received 170.25 million BOME tokens. When the value of the coin increased, the trader took advantage of this opportunity and sold all his holdings for 767 SOL, making a remarkable profit of 717 SOL (approximately $123,000) in just 14 hours.

Another investor took an even bolder approach, spending 421 SOL (about $72,000) to purchase 1.43 billion BOME tokens during the pre-sale. As BOME's value rose, this investor became the largest holder of the meme coin, earning an unrealized profit of $1.45 million. The same investor further increased his stake in the rapidly appreciating asset by purchasing an additional 128.37 million BOME tokens through another wallet for 231 SOL (approximately $40,000).

BOME's explosive start did not go unnoticed by industry players: popular cryptocurrency exchange Bitrue has already listed the meme coin on its platform through the BOME/USDT trading pair.

While the potential for significant profits in the meme coin market is undeniable, it is critical for investors to understand the inherent risks associated with these volatile meme assets.


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