Top Solana (SOL) Meme Coins To Explore in 2024
Next on the list of top Solana memecoins in 2024 we have Book of Meme (BOME), an innovative project that set out to revolutionize web3 culture by integrating memes, decentralized storage solutions, and degen memecoin trading and gambling. This experiment aims to encapsulate the dynamic meme culture within a digital compendium, the BOOK OF MEME, ensuring each piece is immortalized on the blockchain. BOME, the memecoin on Solana, along with Arweave and IPFS as primary storage solutions, seeks to pioneer a new era of decentralized social media and make memes unstoppable.
BOOK OF MEME (BOME) has recently emerged as a groundbreaking memecoin in the crypto market, experiencing a remarkable 3,000% surge in value within days of its launch on March 22, 2024.
Created by Darkfarms, the artist renowned for Pepe memes, BOME aims to establish a permanent storage library solution for memecoins. Leveraging Arweave, InterPlanetary File System (IPFS), and inscriptions for data storage, the project also serves as a social platform for cross-chain storage.
One of the more recently lauched tokens on the list of top Solana tokens in 2024 – Book of Meme saw a massive spike post launch, of over 3000% but soon after saw a correction and is now trending downwards.
BOME price is trading below both its 50 and 200-period EMA, as indicated on the 4-hour chart above. This indicates heavy bearishness on the short and medium terms for this Solana memecoi
Additionally, price action over the past two weeks or so has been very sideways so some kind of breakout is pending in this altcoin. If BOME price is above to break out above the 50 and 200 period EMAs as depicted on the chart above and also, at the same time, convincingly breach the $0.01 psychological level – we could see a pullback rally coming in soon.
On the downside, the S3 Fibonacci level at $0.00735 can serve as a region of support for this Solana memecoin in the near
