BOOK OF MEME is currently a sensation in the market, with a tremendous increase in just a few days, especially when listed on the Binance exchange.
Blockchain Solana has become the home of many new meme coins and has attracted attention from the community during this price surge. This not only pushes up the price of these coins but also increases the value of SOL.
The latest craze in the meme coin market is called BOOK OF MEME and was launched earlier this week. It quickly skyrocketed with a staggering increase of about 2433.48% in just a few days and is now among the top 100 cryptocurrencies by market capitalization after being listed on Binance.
Analyzers priorly reported that an investor turned 50 SOL into 767 SOL by investing in the pre-sale of BOME.
Just one day after, BOME caught the attention of major cryptocurrency exchanges and its subsequent listing pushed its price to new heights.
Notably, the largest exchange Binance decided to join the craze by listing four trading pairs starting from March 16. These include the new spot trading pairs: BOME/BTC, BOME/USDT, BOME/FDUSD, and BOME/TRY.
Binance warned its users that BOME is a new token and will witness increased volatility, especially in the initial listing days. This has also been the case in the last 24 hours, and the asset has once again increased by over 140%.
As a result, BOOK OF MEME now has a market capitalization of over $1.278 billion USD. This has made it the 85th largest cryptocurrency according to data from CoinmarketCap, which is an impressive achievement.
As priorly reported, meme coins such as SHIB, DOGE, PEPE, and newer coins like WIF and BONK will reach tremendous increases during this price surge.