This Shiba Inu (SHIB) Rival Is Now Backed by Coinbase

Coinbase International has Announced which has decided to list BOOK OF MEME (BOME) perpetual futures.

BOME, which was launched in March by artist Darkfarms, is another meme coin upstart that aims to compete with market leaders like Dogecoin (DOGE) and Shiba Inu (SHIB).

The project aims to build a complete ecosystem that focuses on memes with a meme booster, a decentralized social media platform, and a library of memes that have no copyright restrictions.

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The BOME token saw a massive price surge due to speculative buying after its launch. According to data from CoinGecko, the Solana-based meme coin is currently valued at $719 million, making it one of the 10 largest meme coins by market capitalization.

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Along with Bitcoin-based DOG, BOME is the only major meme coin in the green following Coinbase’s announcement. Other meme coins have been hit hard by the broader market correction, with Brett (BRETT) and Bonk (BONK) losing about 10% in the last 24 hours.

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In addition to BOME, the exchange will also include perpetual futures for Notcoin (NOT).

As reported by U.TodayCoinbase international exchange also decided to list dogwifhat perpetual futures (WIF) in April.