The Solana blockchain has become home to several new and popular meme coins that have caught the attention of the community during this bull cycle. This has caused not only their prices to rise but also SOL prices to rise.
The latest of these crazes is called BOOK OF MEME and was launched earlier this week. It has skyrocketed by triple and quadruple digits in days and has now entered the top 100 cryptocurrencies by market cap after Binance's listing.
CryptoPotato I previously reported that a smart investor turned 50 soles into 767 soles by investing in the BOME pre-sale.
Just one day later, BOME attracted the attention of major cryptocurrency exchanges, and the subsequent listing pushed its price to new heights.
Another major exchange – Binance – has decided to join the craze by listing the following four trading pairs starting earlier today (March 16):
- New spot trading pairs: BOME/BTC, BOME/USDT, BOME/FDUSD, and BOME/TRY.
Binance has been careful to warn its users that BOME is a new token that may face enhanced volatility, especially in the early days of its existence. This has certainly been the case over the past 24 hours as well, and the asset is up more than 140% again.
As a result, BOOK OF MEME's market cap now stands at over $1.3 billion. This placed it as the 88th largest cryptocurrency according to this metric, an impressive feat, given the fact that it was launched days ago.
As previously reported, meme currencies like SHIB, DOGE, PEPE, and newcomers like WIF and BONK have made massive gains during this bull cycle.
