The price of a new memecoin on Solana called Book of Meme (BOME), created by the artist Darkfarms, increased 20 times in three hours. The market capitalization of the token has exceeded $400 million. On the other hand, KangaMoon (KANG) surpassed $1.5 million in presale. KangaMoon presale is currently in stage 3, with KANG priced at just $0.01125. This represents a substantial increase from the initial price of $0.005.
Solana Memecoin Book of Meme (BOME) Surged 20x in 3 hours
BOME quickly gained popularity in the Chinese-British community. The pre-sale raised 10,131 SOL , significantly exceeding Darkfarms’ expectations of 500-600 SOL . The overwhelming response led to a subsequent community vote on how to allocate presale funds.
Darkfarms pooled the funds raised into a liquidity pool, setting the initial BOME price at $0.0000496. Large buy orders of 100 SOL or more created a highly liquid market, which led to an increase in the rate to $0.0012. Following the surge in interest in BOME, several exchanges, including BitMart and HTX, have said they will list the asset. Bitmart later confirmed the primary listing of the altcoin paired with USDT.
BOME Listing on BitMart Amidst Security Concerns
Book of Meme includes an updated e-zine, a meme tool, and an extensive JPEG library. The project uses Arweave, IPFS and inscriptions to store data. Going forward, Darkfarms plans to use a single NFT to aggregate all content related to a specific meme.
The growth of BOME coincided with the rise of the memecoin sector, whose capitalization recently exceeded $40 billion. However, the surge of interest in memecoins on Solana also attracted attackers. BlockAid, a blockchain security company, two months ago reported scams targeting Solana users through wallet draining attacks.
KangaMoon Presale Mania Continues
KangaMoon (KANG), a fresh project anticipated as the upcoming 50x token in 2024, has seized investor interest as its presale advances in phase 3. One notable aspect that sets KangaMoon apart from potential memecoin competitors is its provision of an opportunity for presale participants to earn additional KANG. Once an individual purchases KANG through the official presale page, they won’t need to wait until the project launches to begin accumulating more tokens.
Additionally, there are exclusive giveaways and incentives, including a dynamic referral program and presale bonuses. Presently, the platform presents a 10% bonus on all KANG acquisitions.
KangaMoon: A Promising Project
KangaMoon’s presale is presently in phase 3, with KANG valued at only $0.01125. This signifies a significant rise from the initial price of $0.005.
While the project progresses through the token sale, analysts view the robust social-fi and P2E prospects as significant boosts for KangaMoon in the future. This could potentially be one of the most exhilarating meme projects poised to enter the Crypto market in 2024. The early stages of the presale offer an opportunity to enter what might become the next 20x token. The project’s distinct SocialFi model enables token holders to acquire extra KANG by engaging in weekly, monthly, and quarterly challenges.
