Created by NFT artist Darkfarms, the ‘E book of Meme’ is saved on Arweave and “endeavors to encapsulate the ever-evolving meme tradition inside a digital compendium.”
Solana memecoin season reveals no indicators of slowing down amid the continued crypto market volatility.
The newest sensation is E book of Meme (BOME), which began out as an innocuous presale by meme artist and NFT creator Darkfarms three days in the past and has since rocketed to a market capitalization of greater than $600 million.
In response to the web site, which is hosted on decentralized storage platform Arweave, BOME is “poised to redefine web3 tradition by amalgamating memes, decentralized storage options, and degen shitcoin buying and selling and playing.”
The positioning comprises a group of unpublished memes, a ‘meme enhancer’ instrument, and plans for a possible Bitcoin Ordinals assortment. The presale, which was open to everybody for twenty-four hours, raised over 10,000 SOL ($1.8 million), half of which was deployed as liquidity for the token. Presale contributors are at present up greater than 100x on their preliminary stakes.
The highest particular person holder, sundayfunday.sol, contributed 420.69 SOL ($75,000) to the presale and obtained roughly 2% of the BOME provide. They’ve but to promote any of their tokens – value greater than $11 million on the time of writing.
The runaway success of Darkfarms’ newest enterprise has spilled over into their current NFTs, with the ground worth of Smowls, a group of stylized Pepes, hovering to 0.6 ETH ($2,280) from 0.05 ETH ($200) earlier than BOME was launched.
Darkfarms didn’t instantly reply to a request for remark from The Defiant.
