This text was paid for*
The Solana ecosystem began this week on a sluggish observe however has since Tuesday proven indicators of restoration.
Each Solana and the broader crypto market look like consolidating, as we transfer into the second half of the week.
Among the many prime 8 meme cash by market capitalization, BOME has emerged as a standout performer, registering a 6% improve this week—the best amongst Solana meme cash.
BOME Value Surges – What’s Subsequent?
At press time, the BOME price is buying and selling round $0.009, having pumped roughly 6% this week. Nevertheless, BOME buyers could discover little trigger for celebration, because the token stays over 60% beneath its all-time excessive set in mid-March.
The truth is, in March, BOME was a billion market cap meme coin. Now, the market cap is simply round $600 million. That being mentioned that is nonetheless sufficient for BOME to be thought-about one of many prime meme cash globally.
A survey of well-liked merchants’ opinions on Twitter revealed little notable chatter about BOME. It seems that the token’s modest price pump will be attributed to the general restoration of the Solana ecosystem this week.
As a reminder, the SOL price surged from lows of round $123 to the present $136-138 vary, and this supplied a lift to the complete ecosystem. BOME appears to have leveraged this momentum to stabilize and expertise a slight uptick.
BOME could wrestle to supply substantial positive aspects within the close to time period, with a broader crypto market rally. The token’s efficiency will probably stay intently tied to broader crypto market tendencies as we strategy the tip of the month.
Sealana Proclaims Airdrop Following a Profitable Crypto Presale
A brand new participant within the Solana meme coin house, Sealana, has raised over $6 million in its presale. Apparently, regardless of the presale concluding, buyers can nonetheless purchase SEAL tokens on the official presale web site at a reduced price of $0.022.
Sealana introduced by way of Twitter that their airdrop will begin on Tuesday, July 2nd at 1 PM UTC. The crew really emphasised that there’s nonetheless time to accumulate SEAL tokens earlier than the airdrop begins.
Additionally they revealed plans for DEX buying and selling swimming pools on Raydium Protocol and Uniswap, with tokens set to be airdropped by way of each BNB and SOL chains. This may occur on the identical day.
The Sealana challenge facilities round an iconic seal character lounging in his mom’s basement, embodying the stereotypical degen dealer awaiting a stroke of luck on the earth of Solana meme cash.
The challenge’s mascot, an chubby seal, playfully satirizes meme coin merchants who spend extreme time trying to find the following huge token within the “Solana Sea.”
An important think about Sealana’s profitable presale was its rising neighborhood, boasting over 13,000 Twitter followers and greater than 20,000 Telegram members. The challenge additionally performed an intensive advertising and marketing marketing campaign; ads on crypto media retailers and collaborations with crypto influencers.
Outstanding crypto YouTuber ‘Yellow Trades’ posted a viral video about Sealana this week, probably discussing how this meme token can ‘turn $1k into $10k’.
Not like some meme cash that supply utility options, Sealana takes a “zero-utility approach,” relying solely on memetics and neighborhood engagement.
The challenge doesn’t present sensible use instances or options like staking, as a substitute specializing in constructing a powerful neighborhood—typically a vital think about meme coin success.
Conclusion
All in all, regardless that BOME’s modest positive aspects replicate the ecosystem’s broader restoration, it’s nonetheless a far cry from its earlier highs.
On the similar time, Sealana’s profitable presale marketing campaign and upcoming airdrop have stirred up contemporary pleasure locally in regards to the subsequent Ebook of Meme sort success story.
As virtually at all times on the earth of meme cash, it’s a mixture of hype, neighborhood engagement, and market sentiment driving the motion. If they’ll hold up the momentum following the beginning of buying and selling on exchanges, it may probably spark the following Solana meme coin rally.
*Cryptonomist didn’t write the article or take a look at the platform.