Bittime - In the often surprising and unpredictable world of cryptocurrency, a new phenomenon has taken the market by storm: BOOK OF MEME (BOME), a Pepe meme artwork by Darkfarms.
In a short period of time, BOME has attracted widespread attention, with a market value that soared to more than $80 million (around Rp1.2 trillion) in just three hours after its launch. The price of the BOME has also skyrocketed by more than 300% in the last 24 hours according to CoinMarketCap data. This is an astonishing price increase.
Creator of BOME
Darkfarms is the creator of the BOME meme. He is an artist who has been involved in the creation of Pepe memes for a long time, widely known through his Pepe-themed NFT collection, SMOWL. The collection, released two years ago, was initially priced at 0.04 ETH and had risen to 0.2 ETH before the BOME explosion. The works of Darkfarms have been an integral part of the NFT community for years.
BOOK OF MEMES: More Than Just Meme Coins
BOOK OF MEMES, announced on March 12, is Darkfarms' ambitious project that combines various elements: an updatable e-magazine, a versatile meme creation tool, and the CC0 meme gallery. The project also has the potential to become a decentralized social network that connects various aspects through a single NFT.
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Record-Breaking Presale
The BOME presale, which began on March 13, has exceeded expectations by raising a total of 10,131 SOL. Darkfarms then adds all the collected SOL to the LP pool, with a starting price of 0.0496 USDT. The overwhelming reception from the Chinese and British communities has pushed the BOME price up dramatically, peaking at 0.0012 USDT, or about 24 times the initial price, with a market capitalization exceeding $80 million.
BOME: A Bright Future or a Bubble That Will Burst?
Currently, the BOME continues to show a positive trend, taking second place in the market capitalization of the Solana Meme. However, as is the case with other cryptocurrency assets, the high volatility of the market demands caution. Investors are advised to do thorough research before jumping into this risky investment.
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Conclusion
Taking into account recent trends in the Solana memecoin market and the analysis of the cryptocurrency market in general, the BOME seems to have caught a wave of luck. However, only time will tell whether BOME will become a legend of meme coins like Dogecoin and Shiba Inu, or just a momentary phenomenon that will soon be forgotten.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the Complete Guide on How to Buy Crypto on Bittime.
Also Read:
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BEFE, Memecoin that Attracts Investors' Attention - Opportunity or Sensation?
Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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