Yesterday, BOOK OF MEME (BOME) released by Pepe Meme artist Darkfarm swept all social platforms. It rose 20 times in just three hours after it was launched, with a market value of over 80 million US dollars.$BTC $BNB #BOME
On March 15, according to birdeye data, BOME rose above $0.005, setting a new record high. As of writing, the price of BOME has risen to $0.005816, with a 24-hour trading volume of $367.58 million.
Not only BOME, but also the Pepe-themed NFT series SMOWL created by Darkfarms two years ago had a floor price of about 0.047 ETH before BOME became popular. Today it rose to 0.27 ETH, with a daily increase of 273.61%.
On March 10, Darkfarms began to announce the upcoming launch of the project. On the 12th, it disclosed the project "BOOK OF MEME" and its project concept. According to Darkfarms' description, BOOK OF MEME can be understood as a permanent storage library for Memes, and will expand a series of Meme creation functions based on it.
Related reading: "The market value exceeded 80 million US dollars in half a day after it went online. Why did Pepe Meme artist's BOME become so popular?"
BOME sets off a meme pre-sale boom
On March 13, Darkfarms launched a pre-sale, which can be participated by sending SOL to a designated Solana address. There is no fixed price for the pre-sale, and all participants will be allocated tokens according to the proportion of SOL they donated. For meme, the pre-sale launch is indeed a unique way to play.
Initially, Darkfarms expected to raise 500-600 SOL. As the pre-sale progressed far beyond expectations, Darkfarms opened a community vote to let participants decide how to allocate the pre-sale funds. On the 15th, according to the data disclosed by Darkfarms, a total of 10,131 SOL were raised.
That afternoon, Darkfarms added all the SOL raised into the LP pool, with an initial price of 0.0{3}496 USDT. Subsequently, the token began to spread widely in the Chinese and British communities. Due to its extremely high depth, it can accommodate a large amount of funds. A large number of buy orders of more than 100 SOLs continued to pour in, pushing its price up continuously. Within one day, it broke through 0.0012 USDT in a short period of time, an increase of about 24 times, and its market value exceeded 80 million US dollars.
It took BOME only 5 days from proposing the idea to being named a "God disk". Although BOME was not the first person to pre-sell a meme, its success undoubtedly ignited the pre-sale craze.
The once popular "Chinese Dog Coin" POGAI has begun to follow the pre-sale model. The limited 24-hour pre-sale event reached the recharge limit in just a few hours. It is currently expected to complete the coin refund and opening at 5 pm.
In addition to POGAI, there are many meme projects such as KANG, a meme coin that integrates SocialFi and P2E functions, Byte, the largest meme-based and utility token on Blast (pre-sale starts on March 15), MOOLANA (pre-sale starts on March 15), and AI concept meme PXP (more than 12 ETH have been raised), which have also started pre-sales.
The pre-sale rules of BOME are 69000000420 pieces, of which 50% are used for pre-sale. At the beginning, there is no exact price for the token. All pre-sale tokens will be distributed according to the contribution ratio, and then 1 or 2 liquidity pools will be created based on the price of each BOME multiplied by 1.5.
In fact, the rules for pre-sale fund allocation are not strange, but they are different when applied to memes. According to historical experience, for cryptocurrencies such as memes that have no actual value, fair launch is often adopted. Since pre-sales were initially conducted by users sending SOL to a designated address, and memes are based on emotions, such projects without background support are likely to run into a rug if they adopt pre-sales.
But this time BOME has heated up the meme pre-sale game, and BOME is still rising. It can be said that BOME is starting a more ambitious art performance show to attract more people to join the MEME carnival. BlockBeats reminds readers that meme coins are highly volatile, so be careful to identify risks.
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