BOOK OF MEME (BOME) is an experimental meme project that seeks to immortalize meme culture on the Blockchain. It uniquely blends web3 culture, meme preservation, and decentralized finance. For a comprehensive ecosystem, the project leverages memes, decentralized storage solutions like Arweave and IPFS, and the BOME meme coin on the Solana Blockchain. BOME works as a digital archive or collection. In essence, it immortalizes the evolving world of memes. This makes it easy for anyone, especially those new to cryptocurrency, to connect with and appreciate the rich internet history and humor encapsulated within memes.
Below, we take you through BOOK OF MEME, its tokenomics, and statistics and provide you with step-by-step instructions on how to trade BOME tokens on CoinEx.
Features of the BOME Project
The BOME project is a comprehensive ecosystem that celebrates and preserves meme culture. It does this via a digital book of memes with metadata that links each meme to the BOME token. Further connections to images are stored across decentralized platforms like IPFS, ARWEAVE, and directly on the blockchain.
The project is also developing into a decentralized social network app equipped with tools to create memes and a CC0 Meme Clipart Collection, Furthermore, the platform is in the process of launching various tools and features that include:
- DF1 Meme Enhancer: This tool enhances the quality and appeal of memes by allowing users to refine their creations with more detail.
- Unminted or Unpublished Memes: This is a space dedicated to storing memes that haven't been minted or published yet. Thus, it will serve as a repository of fresh and unseen content.
- Genart Pages and Meme Games: This feature enriches the BOOK OF MEME with generative art pages and meme-centric games. The objective is to enhance the platform's entertainment value.
These tools demonstrate the BOME project's commitment to being a central hub for meme enthusiasts by blending the fun of meme creation with the permanence and security of blockchain technology.
What Is the BOME Token?
As a unique component of the BOOK OF MEME project, the BOME token aims to revolutionize Web3 culture by integrating memes with decentralized storage solutions and cryptocurrency trading. It sits on the Solana Blockchain and uses Arweave and IPFS to store memes. There are plans for future expansion, including Bitcoin inscriptions.
The BOME Token was listed on CoinEx on March 14, 2024, at a price of $0.000858. The token has since appreciated by over 1,015.31%, highlighting its potential in the crypto market.
BOME Tokenomics
Tokenomics is the economic framework that dictates how a cryptocurrency operates. It includes things like distribution, supply, and usage. The tokenomic structure of the BOME Token is as follows:
- Total Supply: The token has a total supply of 69,000,000,420 BOME (69 billion) with 55.19 billion currently in circulation.
- Community Fund: 20 percent is reserved for the community. This is set to unlock in three months.
- Liquidity Pools: 30 percent of the total supply is allocated to liquidity pools, ensuring there's always enough volume for trading. This makes it easier for users to buy and sell.
- Presale: 50 percent of the total supply was made available during the presale, allowing early adopters to invest.
- Metadata Mutability: This unique feature allows the token to be continuously updated with new content, ensuring the project remains fresh and engaging.
BOME Token Statistics
Key Factors for BOME Craze
The BOME Token has demonstrated remarkable investment potential. Following its listing on CoinEx on March 14, 2024, it quickly surged by over 1,015.31%, showcasing significant investor interest. The current market capitalization stands at $1.04 Billion with a circulating market capitalization of $829.04 Million, according to CoinEx.
We have identified several key factors for this heightened investor interest:
Listing on Multiple Exchanges
In addition to the BOME/USDT trading pair listing on CoinEx and a listing on the Futures market with 20 times leverage, the BOME token, along with its trading pair BOME/USDT, has seen broad adoption across several leading cryptocurrency exchanges. This wide availability not only underscores the BOME token's growing appeal but also enhances its accessibility to a diverse pool of global investors.
Solana Ecosystem Adoption
Solana is known for its high adoption rates and increasing user activity. Thus, integrating BOME into the Solana Blockchain has bolstered its visibility and attractiveness.
BOME Project Uniqueness
Finally, one of the key factors for the keen investor interest is the project’s unique proposition of immortalizing meme culture on the blockchain. This combined with innovative features like meme creation tools and a decentralized social network, has distinguished BOME from other crypto projects, contributing to its appeal and investment interest.
How to Trade BOME Tokens on CoinEx?
CoinEx is a global cryptocurrency exchange, trusted by over 5 million users worldwide with 100% reserve. It boasts more than 900 tokens supported, including BOME, so users can now trade easily and seamlessly. To purchase BOME tokens on CoinEx, follow the steps below:
- Create an Account: Begin by signing up for a CoinEx account.
- Deposit Funds: Once you log in, deposit funds into your CoinEx account via any supported cryptocurrencies or deposit methods available on the exchange. With funds in your account, you can execute trades seamlessly.
- Navigate to BOME Trading Page: After funding your account, navigate to the dedicated BOME trading page on CoinEx. A search box will help you locate BOME trading pairs on the spot trading page. Simply enter the term "BOME" to find the associated trading pairs.
- Select a Trading Pair: Choose the trading pair BOME/USDT to trade BOME against USDT (Tether).
- Specify the Purchase Amount: The next step is to specify the number of BOME you want to buy. You can buy them at the current market price or set a limit for your preferred buying price on the trading page.
- Execute the Trade: Once you have specified the amount, proceed to execute the trade. Confirm the details, and if they are satisfactory, submit the order.
By following these steps, you can easily trade BOME tokens on CoinEx.
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