Wednesday, May 1, 2024
Wednesday, May 1, 2024
HomePet NewsCats NewsNew Solana-Based mostly Cat Meme Token 'Book Of Meow' Surges To $9M...

New Solana-Based mostly Cat Meme Token 'Book Of Meow' Surges To $9M In Quantity Simply Few Hours After Buying and selling – Emeren Group (NYSE:SOL)

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A meme cryptocurrency on Solana (CRYPTO: SOL) referred to as Book of Meow, which shares an analogous identify to Book of Memes (CRYPTO: BOM) is up 300% hours after buying and selling, attaining a market capitalization that topped $9 million.

What Happened: The workforce behind BOMEOW calls the meme token “the purr-fect variation of various mews throughout the whole meow-niverse. This e-book is a treasure trove of feline magic, assured to carry pleasure and wealth to its fortunate paw-sessors!”

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It is price noting that cat tokens at the moment are rallying, one being MEOW, which was up 14,000% on Wednesday alone.

The rise of BOMEOW is ready towards the backdrop of a broader pattern in crypto markets, the place cat-themed tokens have caught the flowery of buyers. Notably, MEOW witnessed a surge of 14,000% in a single day.

Data from Dexscreener reveals  BOMEOW’s efficiency, highlighting a buying and selling quantity surging to $1.1 million, with current liquidity of $3.3 million. The meme cryptocurrency’s worth at the moment stands at $0.01283 or 0.00007015 SOL.

See More: Best Cryptocurrency Scanners

Why It Matters: Even as Bitcoin (CRYPTO: BTC) confronted a downturn, falling under $67,000 ranges, which had vital knock-on results in liquidating many positions, these animal-themed tokens—notably cat-related ones—have held buyers’ consideration. 

Several different cat-themed tokens are  thriving like Cat in a Dog’s World (MEW), Popcat and Wen posting common beneficial properties of 6%. The curiosity and funding appear to be shifting in direction of others like Mog Coin, Real Smurf Cat and Ansem’s Cat, that are at the moment main the cost on this area of interest sector.

Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?

© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.

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