Meme coin market sees renewed enthusiasm as Solana-based BOME leads the rally.
Solana ecosystem’s meme coin BOME observed 292% daily gains in its price and the market cap hit $996 million. A wallet address exchanged 12,721 SOL tokens for 314 million BOME on Friday, the investment has more than doubled. Binance’s listing announcement catalyzed further gains in BOME price. Binance officially announced the Book of Meme listing on its spot market, after introducing the meme coin in the futures market, earlier.
The meme coin is currently leading a rally of SOL ecosystem based tokens, after climbing nearly 300% on Saturday. The meme coin added $996 million in market capitalization within two days of trading and was listed on Binance and Bybit futures within the same time. A wallet address tracked by Spotonchain exchanged 12,721 SOL for 314 million BOME tokens. The wallet address more than doubled their investment, $2.3 million in SOL changed to $5.69 million in BOME. SOL exchanged for BOME.
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