MEmecoin BOME Dongkrak Harga Solana (SOL) To Rank 4 Top Crypto Teras

BOME meme coin. (Photo; Doc. Teacher Watcher)

JAKARTA Solana-based viral meme coin, Book of Meme (BOME), managed to record an impressive presale with a value of $100 million (around IDR 1.5 trillion). BOME has not only succeeded in lifting Solana to fourth largest crypto asset by market cap, but has also boosted the price of other crypto assets after a brief decline at the end of last week.

BOME launched by an anonymous artist under the pseudonym Darkfarm, the memecoin has recorded a price spike of more than 360% in the last 56 hours, with market capitalization peaking at $1.45 billion (approximately IDR 21.9 trillion).

The presale token model is controversial, where investors send major crypto assets in this case SOL to certain wallet addresses as part of the distribution of tokens that will be carried out after the official launch. Although controversial, this public presale model actually succeeded and made the meme coin sell well.

On the other hand, a presale model like this cannot be separated from risks. Investors are reminded that there is no definite guarantee to receive tokens in exchange for their participation. However, the success of BOME and other memecoins on the Solana network has attracted the attention of prominent figures, even figures outside the crypto environment itself.

For example, the response of David Sacks, the co-host podcast All In, to comments about the memecoin named $SACKS, is even more surprising because individuals holding the token can pay off their debts after the rapid increase in crypto value. Reporting from Cryptobriefing, Tesla CEO Elon Musk also participated in this trend by stating that he would buy the $JASON coin, which immediately caused a spike in value.

A well-known investor Angel, Anthony Sassano, has also paid attention to this presale model, comparing it to a "bidding ponzi" scheme that will almost certainly fail. For your information, angel investors are individuals or groups who invest their funds to support potentially profitable businesses, in contrast to venture investors who focus on established businesses and businesses.

Meanwhile, Nick, founder of Web3Alert, also highlighted high risks related to memecoins promising instant profits. The soaring demand for Solana-based memecoins, including BOME, NAP, and NOS (Nostalgia), has pushed the network to fourth largest position in terms of market cap. Other memecoins such as Shiba Inu (SHIB) and DogWif Hat (WIF) are also experiencing a significant increase, as positive trends occur in the crypto market.

This increase comes amid volatility caused by new macroeconomic policies and a regulatory approach from the Federal Open Market Committee (FOMC). Although the FOMC policy often affects Bitcoin and other cryptocurrencies, studies show that its influence can be considered insignificant.

Recent US economic data show persistent inflation, which has the potential to cause interest rates to skyrocket higher and the stronger US dollar, a condition that is usually unfavorable for risky assets. FOMC's next meeting is scheduled to take place in the coming days.