A meme cryptocurrency on Solana referred to as Book of Meow, which shares an identical title to Book of Memes is up 300% hours after buying and selling, attaining a market capitalization that topped $9 million.
What Happened: The staff behind BOMEOW calls the meme token “the purr-fect variation of various mews throughout all the meow-niverse. This guide is a treasure trove of feline magic, assured to convey pleasure and wealth to its fortunate paw-sessors!”
It is value 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 about in opposition to the backdrop of a broader pattern in crypto markets, the place cat-themed tokens have caught the flamboyant of traders. Notably, MEOW witnessed a surge of 14,000% in a single day.
Data from Dexscreener exhibits BOMEOW’s efficiency, highlighting a buying and selling quantity surging to $1.1 million, with present liquidity of $3.3 million. The meme cryptocurrency’s value at present stands at $0.01283 or 0.00007015 SOL.
See More: Best Cryptocurrency Scanners
Why It Matters: Even as Bitcoin confronted a downturn, falling under $67,000 ranges, which had important knock-on results in liquidating many positions, these animal-themed tokens—notably cat-related ones—have held traders’ consideration.
Several different cat-themed tokens are thriving like Cat in a Dog’s World (MEW), Popcat and Wen posting common positive factors of 6%. The curiosity and funding appear to be shifting in the direction of others like Mog Coin, Real Smurf Cat and Ansem’s Cat, that are at present main the cost on this area of interest sector.
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