Memecoin from Solana Blockchain SNAP, BOME, SLERF Trending

Bittime - The Solana blockchain is back in the spotlight with the rise of new projects related to memecoins. It is noted that a number of memecoins have become excellent in the crypto market such as BONK, WIF, to the new token SNAP.

This shows the flexibility and innovation offered by Solana. However, what attracted the most attention was the emergence of meme coins as a new trend that dominated the market.

Solana Memecoin Ride

Tokens like Bonk (BONK) and dogwifhat (WIF) have skyrocketed to the top 50 in market cap, proving their popularity and significant profit potential for investors.

This phenomenon is driven by the presale method, where investors send SOL tokens to specific wallets to get a new token allocation when the project launches. This strategy has yielded huge profits for those who dare to take risks on projects with low initial demand.

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Up Hundreds of Percent

In the past week, BOOK OF MEME (BOME), Slerf (SLERF), and Snap (SNAP) tokens have recorded tremendous price increases:

• The BOME jumped more than 37,000% in the first three days.
• SLERF rose from $0.02 (Rp314.20) to almost $1.40 (Rp22,014.00) in three hours, recording a gain of over 6,100%.
• SNAP increased by more than 600% in three hours.

The initial investment required to become a millionaire with BOME is around $2,700 (Rp42,417,000), while for SLERF, an investment of $16,400 (Rp257,724,000) is required. And for SNAP, an investment of $159,000 (Rp2,498,890,000) will turn into $1 million (Rp15,710,000,000).

Also Read How to Buy Crypto:

Successful Traders from BOME

Success stories like sundayfunday.sol, which invested $72,000 (Rp1,131,120,000) into BOME and earned more than $30 million (Rp471,300,000,000), show the potential profit that can be achieved. However, the high volatility of these assets also poses no small risk.

While some have criticized the presale phenomenon as the culmination of the meme coin degeneration, others see it as a golden opportunity. Whether this trend will continue to push SOL prices higher or end in a meltdown, only time can tell a definitive answer.

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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.

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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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.