A new memecoin on the Solana blockchain, Book of Meme (BOME), has soared to a market cap of over $1 billion in just two days.
Binance Listing Sparks Rally
The surge began after Binance, the world’s largest crypto exchange, announced support for BOME perpetual futures. The coin skyrocketed from $0.0077 to $0.0268 in hours, a gain of almost 250%.
Unknown Wallet Buyout
Before the Binance listing, an unknown wallet withdrew $2.3 million worth of Solana to purchase BOME at $0.0074. The wallet’s motive remains unknown.
KuCoin Support
Around the same time, crypto exchange KuCoin also announced support for BOME, allowing users to trade the coin against USDT.
Warning: Investment Risk
Remember that cryptocurrencies are highly volatile investments. Do your research before investing and be aware of the potential risks involved.
