High Earning Promise Madness of Memecoin

An investor who invested in a memecoin project on Solana missed out on a big profit by selling early. The investor invested 50 SOL in a meme coin called Book of Meme (BOME) and bought approximately 170 million tokens. When the value of the tokens increased, they sold them for $131,000. However, in the following days, the market value of BOME increased even more. Value Increase After Sale According to CoinGecko data, the price of BOME was 0.00005848 dollars on March 14th, reaching 0.005833 dollars on March 15th. If the investor had waited for one day, the value of the tokens in their possession would have reached approximately 1 million dollars. This is an example of the sudden price changes that are commonly seen in the cryptocurrency market. Another Investor’s Big Profit On the other hand, another investor, Moataz Elsayed, managed to turn their investment of 420.69 SOL into 5.7 […]

High Earning Promise Madness of Memecoin

An investor who invested in a memecoin project on Solana missed out on a big profit by selling early. The investor invested 50 SOL in a meme coin called Book of Meme (BOME) and bought approximately 170 million tokens. When the value of the tokens increased, they sold them for $131,000. However, in the following days, the market value of BOME increased even more.

Value Increase After Sale

According to CoinGecko data, the price of BOME was 0.00005848 dollars on March 14th, reaching 0.005833 dollars on March 15th. If the investor had waited for one day, the value of the tokens in their possession would have reached approximately 1 million dollars. This is an example of the sudden price changes that are commonly seen in the cryptocurrency market.

Another Investor’s Big Profit

On the other hand, another investor, Moataz Elsayed, managed to turn their investment of 420.69 SOL into 5.7 million dollars within 48 hours. This investment is equivalent to an investment made by an anonymous investor who claims to be one of the largest investors in the market.

The Book of Meme project was initiated by the artist Darkfarms and received heavy pre-sale interest. The project’s founder stated that they are working on a strategy to create pools with good liquidity.

Finally, in November 2023, a new wave of interest occurred in the Solana ecosystem, and prices showed an increase of around 80%. This interest paved the way for other Solana memecoins such as Bonk, Dogwifhat, and Silly Dragon to achieve significant gains.

how to buy crypto?
Related Posts

do you really trust these bitcoiners

News 2 months ago

Discover the factors impacting trust in Bitcoiners and learn how to assess and build trust in the Bitcoin community. Understand the challenges to trust in Bitcoiners.In the world of cryptocurrency, Bitcoin has become a hot topic of discussion, and those involved in the Bitcoin community often refer to themselves as “Bitcoiners.” With the increasing popularity of Bitcoin, the concept of trust within this community has become a crucial aspect to consider. As a blogger in the cryptocurrency space, it’s important to examine the dynamics of trust within the Bitcoin community. In this blog post, we will delve into the various subtopics related to the trustworthiness of Bitcoiners, such as understanding what trust means in the context of Bitcoin, assessing the factors that impact trust in Bitcoiners, exploring the challenges to trust within the Bitcoin community, and discussing strategies for building and maintaining trust. Ultimately, the goal of this post is […]

do you really trust these bitcoiners beware

News 2 months ago

Learn about Bitcoin, cryptocurrency, and how to protect your investments from scams. Can you trust Bitcoiners? Find out here.Are you thinking about investing in Bitcoin or other cryptocurrencies? With the increasing popularity of digital currencies, it’s important to have a solid understanding of the world of cryptocurrency and the potential risks involved. In this blog post, we will delve into the basics of Bitcoin, explore the world of cryptocurrency, discuss the issue of trusting Bitcoiners, and provide tips for identifying scams and protecting your investments. While Bitcoin and other cryptocurrencies can offer exciting investment opportunities, it’s crucial to be aware of the potential for scams and fraud within this rapidly evolving market. By being informed and vigilant, you can make informed decisions about your investments and protect yourself from potential risks. So, before you trust just any Bitcoiner with your hard-earned money, read on to learn how to navigate the […]

how much is 0.29 bitcoin

News 2 months ago

Learn about the factors affecting Bitcoin’s value, current market trends, and strategies for investing in 0.29 Bitcoin. Understand Bitcoin’s worth today.Are you curious about the current value of 0.29 Bitcoin? In today’s digital age, Bitcoin has become a hot topic, with its value constantly fluctuating. Understanding the factors that affect Bitcoin’s price and the current market trends can help you evaluate the worth of your investment. In this blog post, we will delve into the various aspects of Bitcoin value, including the factors that influence its price and the strategies you can employ for Bitcoin investment. Whether you’re a seasoned investor or just starting out in the world of cryptocurrency, it’s essential to stay informed about the value of your Bitcoin holdings. So, let’s explore how much 0.29 Bitcoin is worth and what you can do to make the most of your investment. Understanding Bitcoin Value Bitcoin value is a […]

0 Comment

Write a Comment

how to buy crypto?
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $69,685.004.99%
  • ethereumEthereum(ETH)
    $3,614.154.85%
  • tetherTether(USDT)
    $1.000.00%
  • binancecoinBNB(BNB)
    $631.395.27%
  • solanaSolana(SOL)
    $158.878.42%
  • staked-etherLido Staked Ether(STETH)
    $3,614.394.91%
  • usd-coinUSDC(USDC)
    $1.00-0.02%
  • rippleXRP(XRP)
    $0.4950904.33%
  • dogecoinDogecoin(DOGE)
    $0.14984511.30%
  • the-open-networkToncoin(TON)
    $7.5410.27%
Random