Book of Meme (BOME), a digital token created by Darkfarms, the artist behind the Pepe meme, has witnessed a remarkable surge in value, multiplying by 20 in just three hours. This impressive upswing propelled the token's market value to nearly $400 million.

The pre-sale of BOME commenced on March 13th, attracting participants who were invited to contribute unspecified amounts of the Solana (SOL) cryptocurrency. Surprisingly, the pre-sale exceeded expectations within the Sino-British community, raising an unexpected 10,131 SOL, far surpassing the initial target of 500 to 600 SOL. This success prompted a community vote on how to allocate the pre-sale proceeds.

Following the pre-sale, Darkfarms allocated the raised funds to a liquidity pool, setting the initial price for BOME at $0.0000496. Substantial purchases, particularly those involving 100 SOL, led to the formation of a highly liquid market, resulting in a price surge to $0.0012 and inflating the token's market capitalization to $375 million.

Several prominent exchanges, including BitMart and HTX, have expressed their intention to list BOME. BitMart confirmed the primary listing of the altcoin, with the leading trading pair being BOME/USDT.

Beyond being a currency, BOME also serves as an updatable digital magazine, a meme creation tool, and an extensive meme library containing non-mint JPEGs. Powered by Solana and developed by the Pepe artist, the project utilizes Arweave, IPFS, and inscriptions for data storage and acts as a platform for cross-chain storage. Future plans for the project involve using a single NFT as a connecting link for all content associated with a specific meme.

The surge of BOME aligns with the broader momentum in the meme coin sector, which recently reached a $40 billion market cap. Other participants in the sector, such as Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF), have also experienced significant growth, with WIF soaring 45% to an all-time high of $3.45.