MemeCoin Mania: BOME Token Skyrockets 2700% After Binance Big Announcement
The Book Of MEME (BOME) token has seen an incredible increase in its value, rising more than 2700% in recent weeks to $0.02552 with a market capitalization of $1.4 billion. This surprising rally comes on the heels of Binance’s surprise announcement of the launch of its new USDS-M BOME Perpetual Contract.
Binance, a leading cryptocurrency exchange, has introduced the USDS-M BOME Perpetual Contract on its futures platform, giving traders up to 50x leverage. The move expands the trading options available to users and injects new momentum into BOME’s price trajectories. Scheduled for launch on March 16, 2024, at 12:30 (UTC), the BOME USDT Perpetual Contract highlights Binance’s commitment to providing trading opportunities for its users.
In addition to Binance’s announcement, Bybit, another leading exchange, has disclosed its plans to list BOME/USDT pairs on its platform. This dual endorsement from major exchanges further solidifies investor confidence in the potential of BOME, setting the stage for continued growth.
The rise in BOME prices is part of a broader trend seen in the Solana ecosystem. Solana-based altcoins, including BOME, have attracted significant investor attention, driven by Solana’s recent price increase. Earlier Coinpedia highlighted a successful crypto trade where an anonymous trader turned $645k into $4.3 million in just two days after trading BOME tokens on the Solana website.
As of now, the BOME price surged to $0.02527, accompanied by a sharp increase in trading volume to $2.39 billion. As BOME continues to capture headlines with its impressive price rally, the crypto community eagerly anticipates further developments.
