$BOME, a memecoin recently launched by renowned Pepe Meme artist Darkfarms, has witnessed a remarkable surge in its price and market capitalization following a significant announcement from Binance. Today, Binance revealed its plan to list BOOK OF MEME (BOME) and commence spot trading for this cryptocurrency at 12:30 (UTC) on […]

$BOME Memecoin Surges After Binance Listing Announcement

$BOME, a memecoin recently launched by renowned Pepe Meme artist Darkfarms, has witnessed a remarkable surge in its price and market capitalization following a significant announcement from Binance.

Today, Binance revealed its plan to list BOOK OF MEME (BOME) and commence spot trading for this cryptocurrency at 12:30 (UTC) on March 16, 2024. This move by Binance is noteworthy as spot listings typically follow futures listings after a considerable delay.

Earlier in the day, Binance Futures had announced the launch of the USD-M BOME Perpetual Contract, offering up to 50x leverage, also scheduled for 12:30 (UTC) on March 16, 2024.

According to Coinmarketcaps data, the price of $BOME surged by over 280% today and an astonishing 2623% in the past 7 days, reaching an all-time high of $0.028.

This surge propelled $BOME into the exclusive club of Solana memecoins with a market capitalization surpassing $1 billion, currently standing at $1.37 billion.

Multiple Whales Continues Radical Massive $BOME Accumulation

On-chain reports from Lookonchain revealed significant activity, with a fresh wallet withdrawing 12,721 $SOL ($2.3 million) from Binance and promptly purchasing 314 million $BOME at $0.0074 in the past 24 hours. 

Another fresh wallet also entered the fray, spending 14,371 $SOL ($2.69 million) to acquire 715 million $BOME just minutes before Binances listing announcement.

Notably, a trader capitalized on the frenzy surrounding $BOME, generating a staggering $4.3 million in profit within just two days.

By initially investing 3,505 $SOL ($645,000) to purchase 532.45 million $BOME shortly after trading commenced, the trader sold the entire holding 10 hours ago for 26,933 $SOL ($4.95 million), resulting in an impressive profit of 23,428 $SOL ($4.3 million).

The surge in $BOMEs value and the flurry of trading activity underscore the growing interest and excitement surrounding this memecoin, fueled by its listing on Binance and the broader market sentiment toward memecoins.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: kebox/123RF // Image Effects by Colorcinch