What is Book of Meme? A Beginner's Complete Guide

Picture the memes you send to friends—rage comics, reaction gifs, viral screenshots—living in a digital museum that never closes and can’t be erased. That’s the promise behind Book of Meme (BOME).

Bitcoin aims to be digital gold. BOME aims to be an immutable Library of Congress for internet culture, backing up iconic memes across blockchains so neither platforms nor governments can silence them. It also gives creators a path to recognition and rewards instead of watching corporations monetize their work.

Book of Meme at a Glance

Key stats to set the stage:

• Current Price: $0.00202 (down 12.60% on the day)
• Market Cap: $135.8M, placing BOME around the 90th largest crypto asset
• Launched: March 10, 2024
• Founder: Darkfarms, the artist behind Pepecoin
• Mission: Preserve meme culture permanently on-chain

What Problem Does Book of Meme Solve?

Memes move culture faster than any other medium, yet their shelf life is fragile. BOME tackles the risks that threaten meme history.

The Problems with Current Meme Culture

• Disappearing archives when platforms shut down, moderators delete posts, or hosting bills go unpaid
• No attribution or payment for originators when reposts go viral
• Platform profits from community-made content without sharing the upside
• Zero official record of the internet moments that defined eras
• Censorship pressure that can wipe satirical or political memes overnight
• Future historians who may never see the jokes that shaped public discourse

By distributing memes across multiple decentralized storage networks, Book of Meme keeps culture in the hands of the community—not corporations.

How Does Book of Meme Work?

Think of BOME as a digital museum, a time capsule, and a social hub layered together. Each piece plays a role in keeping memes accessible decades from now.

The Digital Museum Concept

Traditional museums guard physical artifacts inside climate-controlled vaults. BOME does the same for digital artifacts by splitting each meme across blockchains. Instead of one building, it uses redundant storage so a single failure can’t erase history.

Submitters pay once to preserve a meme, and the system replicates it across networks. Even if one network disappears, the other copies keep the content alive.

The Storage Trinity

Arweave is the main vault. You pay one time to upload, and Arweave’s economic model incentivizes nodes to store the file indefinitely. It’s like buying a plot for your meme that lasts forever.

IPFS (InterPlanetary File System) handles quick distribution. Files are referenced by content hash, so anyone can pin a meme and help serve it from the nearest node—think of it as the museum’s public gallery.

Bitcoin Inscriptions are on the roadmap for “ultimate backup” status. Etching a meme into Bitcoin’s blockchain is expensive, but it anchors the most significant pieces to the most secure ledger on earth.

Community Curation Process

Preserving every meme would drown the archive in noise. BOME relies on token holders to curate what earns a permanent slot:

1. Submission: Anyone proposes a meme for preservation.
2. Vote: BOME holders weigh in on cultural relevance, originality, and impact.
3. Preservation: Approved memes are stored across Arweave, IPFS, and—once live—Bitcoin inscriptions.
4. Perpetual Access: The meme joins the permanent collection with open access for researchers, fans, and future generations.

Technical Specifications That Matter

Operating on Solana keeps interactions fast and cheap enough for everyday collectors:

• Transaction speed: Roughly 400 ms from click to confirmation
• Average cost: About $0.00025 per interaction, low enough to onboard casual users

Low fees and latency mean creators can submit memes, vote, and trade without waiting minutes or paying double-digit fees.

NFT Marketplace for Meme Art

Some memes transcend jokes—they become cultural touchstones. BOME is building a curated NFT marketplace so creators can mint the originals, prove provenance, and earn royalties whenever collectors trade them.

Instead of open-mint chaos, the community curates listings. Picture owning the authenticated “Distracted Boyfriend” meme with verifiable royalties flowing back to the photographer or original publisher. That’s the type of marketplace BOME envisions.

DeFi Integration

BOME slots neatly into Solana’s DeFi scene, giving holders more to do than speculate.

Liquidity providers earn swap fees that typically fluctuate between 20% and 80% APY depending on pool demand. Active traders can arbitrage Solana pairs or farm incentives when programs launch.

Gaming and Metaverse Integration

Solana games are experimenting with BOME as an in-game currency for meme collectibles:

• Display meme galleries in virtual hangouts
• Earn BOME for viral in-game content
• Trade meme NFTs as rare loot
• Enter meme creation contests with on-chain judging

Metaverse integrations turn your meme collection into a social flex—friends can tour your curated archive inside virtual spaces.

Academic and Research Tools

Memes double as data for linguists, sociologists, and cultural historians. BOME’s developer team is shipping APIs so researchers can:

• Analyze meme trends over time
• See how formats mutate between communities
• Track language shifts in meme captions
• Study how viral content spreads across platforms

Academics get clean datasets instead of scraping scattered archives, elevating memes from throwaway jokes to research-grade material.

Book of Meme's Financial Performance

BOME’s price history is a roller coaster—thrilling for some, stomach-churning for others. Here’s how the story has unfolded.

Price History & Major Events

The Explosive Launch (March 10-16, 2024)

Presale buyers paid roughly $0.0000496 per token. Within hours of launch, the price hit $0.004 (an 80x jump). Day two touched $0.01, and by March 16, BOME peaked at $0.02805. A $1,000 presale buy briefly ballooned to roughly $565,000. Binance listed BOME six days after launch—the quickest meme coin listing in the exchange’s history.

The Reality Check (April-June 2024)

Momentum cooled fast. BOME plunged from $0.028 to the $0.003-0.006 band, wiping roughly 80% from the high. Daily volume collapsed from $2B to $50M-$100M. Opportunistic traders left, while the core community accumulated at lower prices.

The Ongoing Bear Phase (July 2024-Present)

Since July 2024, BOME has hovered near $0.002—around 93% below the peak. Volume averages $20M-$30M a day, and market cap slid from $1.24B to the $135M-$440M range. Such drawdowns are normal in meme-coin land; Dogecoin once retraced 95%. The open question is whether BOME survives this winter and catches the next upcycle.

Market Metrics & What They Mean

Market Capitalization: $135.8M puts BOME around McDonald’s annual sales from a single busy franchise. It’s small enough to grow quickly yet small enough to collapse without warning.

Trading Volume: $23.5M in 24-hour volume signals active trading, but it’s far below launch mania. Thin liquidity lets modest trades swing price violently.

Holder Distribution: Over 650,000 wallets hold BOME. The top 10 wallets control ~15% of supply, a healthier spread than many meme coins where whales hoard half the tokens.

Price Correlations: BOME tracks broader crypto sentiment but with leverage. Bitcoin up 5% often means BOME up 15%. Bitcoin down 5%? BOME might fall 20%.

Supply Dynamics & Economics

BOME’s tokenomics lean into meme numerology while keeping scarcity simple.

Total Supply: 69,000,000,420 tokens—a wink at internet culture.

Circulating Supply: 68,916,100,000 tokens, so 99.9% of supply already trades.

Initial distribution looked like this:

• 50% presale: Fully liquid on day one
• 30% liquidity pools: Locked to support trading
• 20% community fund: Pays for development, marketing, and storage costs

The team also uses burns approved by community vote. Roughly 83M BOME are gone for good—small in percentage terms but proof the mechanism works. With no ongoing emissions, any demand uptick meets a fixed or shrinking supply. Whether demand shows up is the wild card.

How to Buy Book of Meme

Ready to pick up a few tokens? Here’s a beginner-friendly playbook.

Step-by-Step Buying Guide

Option 1: Centralized Exchange (Easiest for Beginners)

1. Choose an exchange. Popular options include:

2. Verify your account. Most platforms need ID verification—budget 10-30 minutes.
3. Deposit funds via bank transfer, card, or existing crypto.
4. Buy BOME by searching the ticker and placing a market or limit order.

Option 2: Decentralized Exchange (More Privacy, More Steps)

1. Set up a Solana wallet:

2. Acquire SOL (for gas fees) on a major exchange and send it to your wallet.
3. Swap SOL for BOME using:

4. Confirm the trade. Solana finalizes swaps in under a second once you approve.

Storage Options

Hot Wallets (Always Online)
Good for small balances and active traders:

Cold Wallets (Hardware Devices)
Ideal for larger holdings:

Earning Opportunities with BOME

Staking isn’t live yet, but you have ways to earn yield.

Liquidity Provision: Add BOME-SOL or BOME-USDC liquidity on:

APRs often sit between 20% and 80%, but impermanent loss can bite during volatile swings.

Yield Farming: Some Solana protocols periodically layer incentives on top of LP rewards. Check Raydium, Orca, and Jupiter announcements for current campaigns.

Future Staking: The team targets 2025 for native staking, letting holders lock tokens for rewards and governance weight.

Risks and Considerations

Treat BOME as high-octane speculation. Understanding the hazards helps you size your bet responsibly.

Technical Risks

Smart Contract Vulnerabilities

BOME’s contracts haven’t received top-tier audits. Solana’s ecosystem has seen expensive exploits—Wormhole ($320M) and Mango Markets ($100M) serve as cautionary tales. A bug could freeze funds or drain liquidity.

Storage System Dependencies

Relying on Arweave, IPFS, and future Bitcoin inscriptions introduces points of failure:

• Arweave costs might surge, making permanent storage unrealistic
• IPFS nodes could go dark, causing temporary access issues
• Bitcoin inscriptions could prove too pricey or never ship

If storage crumbles, the entire preservation mission falls apart.

Solana Network Risks

Solana has suffered notable outages:

• 17-hour downtime in September 2021
• Several partial outages across 2022
• Congestion during NFT and meme coin frenzies

When Solana pauses, BOME transactions stop. You can’t trade, transfer, or curate until the network recovers.

Investment Risks

Extreme Volatility

A 93% drop from all-time highs already happened. In real dollars:

• $10,000 at the peak now sits near $700
• 20-30% daily moves are routine
• A 50% plunge can happen before lunch

Meme coins swing harder than traditional assets. You need the stomach to ride it out—or rules to sell before panic hits.

Regulatory Uncertainty

Global regulators keep hinting at a meme-coin crackdown:

• The SEC could classify BOME as an unregistered security
• Exchanges might delist it to avoid legal heat
• Some jurisdictions could treat meme coins as gambling
• Tax rules remain murky, especially for frequent traders

Any of these actions could crush liquidity or value overnight.

Market Manipulation

Low liquidity and loud social media chatter invite manipulation:

• Whales can move price with a single trade
• Influencers can spark pump-and-dumps
• Wash trading inflates volume stats
• Insider trading is practically unpoliced

Project-Specific Risks

• Founder dependency: Darkfarms drives vision and momentum. If they disappear, progress could stall.
• Lack of revenue: No clear plan to fund ongoing development besides token reserves.
• Community fatigue: If hype fades, so does the project.
• Crowded field: Thousands of meme coins chase the same attention.

Book of Meme vs. Competitors

How does BOME stack up against other meme juggernauts?

Direct Comparison Table

Competitive Advantages

First-mover in meme preservation: No other large project focuses on archiving memes with economic incentives. The mission gives BOME a niche beyond pure speculation.

Fast, cheap infrastructure: Solana’s throughput lets users interact for pennies, unlike Ethereum-based meme coins where gas fees eclipse token value.

Redundant storage plan: Using Arweave, IPFS, and future Bitcoin inscriptions hedges against single-point failure.

Known creator: Darkfarms already helped launch Pepecoin, lending credibility versus anonymous meme-coin teams that vanish after launch.

Competitive Disadvantages

Small market cap: At $136M, BOME is hundreds of times smaller than Dogecoin, meaning thinner liquidity and higher fragility.

No celebrity megaphone: Dogecoin has Elon Musk’s tweets. SHIB has massive retail recognition. BOME relies on grassroots momentum.

Limited listings: Major exchanges carry it, but coverage still trails stalwarts, shrinking the potential buyer pool.

Utility still unproven: Preserving memes sounds great, but the token’s role in that ecosystem hasn’t demonstrated a direct value loop yet.

Late arrival: Launching in 2024 means BOME missed the 2021 meme coin mania when capital flooded anything with a mascot.

Investment Thesis: Bull vs. Bear Case

Both narratives carry weight. Weigh them before committing funds.

Bull Case: Why BOME Could 100x

Meme culture keeps growing

Memes drive politics, marketing, and social movements. As culture moves online, a permanent archive becomes more valuable.

Scarcity plus community

With nearly all tokens circulating and an active fanbase, any future demand spike could send price up dramatically.

Integration flywheel

If the NFT marketplace, gaming tie-ins, and academic tooling hit critical mass, token usage could drive organic demand.

Binance listing already live

Being on the biggest exchange removes a barrier many meme coins never cross. Liquidity and visibility are already in place.

Cross-chain storage narrative

“Permanent meme preservation” is a story that resonates with both crypto natives and mainstream media, giving BOME a hook beyond price action.

Bear Case: Why BOME Could Go to Zero

Token might be optional

The platform could function while users transact in SOL or stablecoins. If BOME isn’t necessary, demand may stay weak.

Roadmap execution risk

Bitcoin inscriptions, the social layer, and creator economy remain unfinished. In crypto, “coming soon” often means “never ships.”

Meme coin fatigue

Thousands of meme coins have already burned investors. Declining social engagement suggests the broader market may move on.

Copycat threat

Big platforms like X (Twitter) or Meta could integrate meme archives overnight, outmuscling a niche project.

Regulatory crackdown

A tough stance from the SEC or EU could label meme coins as gambling or securities, forcing exchanges to delist BOME.

Getting Started: Your First Steps

Whether you’re here for the tech, the investment gamble, or just the laughs, ease into the ecosystem thoughtfully.

For Complete Beginners

1. Educate yourself for at least a week on wallets, seed phrases, and crypto risk. Never skip this.
2. Start tiny—$10 to $50 worth—to learn transfers, swaps, and price tracking without risking savings.
3. Join the community on Telegram, Discord, or X to feel the culture and evaluate whether you believe in the vision.
4. Test the platform by browsing preserved memes or submitting one to see the process firsthand.
5. Set max exposure before investing. Write down the number and stick to it when hype kicks in.

For Investors

1. Size the position cautiously: Keep BOME to 1-2% of your crypto portfolio (0.1-0.5% of total net worth). It’s speculative fuel, not a core holding.
2. Dollar-cost average to smooth out volatility instead of chasing a single entry.
3. Self-custody quickly. Move tokens off exchanges to a personal wallet, ideally hardware, to avoid custodial risk.
4. Use price alerts via CoinGecko or TradingView so you catch moves without staring at charts.
5. Pre-plan exits: Decide profit targets and stop-loss levels when you’re calm, then stick to them when markets turn manic.

Frequently Asked Questions

Is Book of Meme a good investment?

BOME is pure speculation. It might rocket 100x or crash 99%. Invest only what you can lose completely. The mission is intriguing but risky.

How is BOME different from other meme coins?

Most meme coins exist solely for trading. BOME ties the token to a preservation utility—archiving memes via decentralized storage. Utility alone, however, doesn’t guarantee price growth.

Can BOME reach $1?

Technically yes, but that implies a $69B market cap—bigger than many Fortune 500 companies. It would require a massive crypto bull market and broad adoption. Treat it as fantasy, not a base case.

Who controls Book of Meme?

Darkfarms leads development today. Governance is intended to shift toward token holders, but influence still skews toward the top 100 wallets (around 35% of supply).

What happens if Solana fails?

BOME depends on Solana. A catastrophic outage or permanent failure would strand the token and likely erase value. Migration would be messy and uncertain.

Is it too late to buy BOME?

You’re not buying the peak, but price could still drop another 90%. The project is young; outcomes range from explosive success to total wipeout.

The Bottom Line

Book of Meme attempts something no other meme coin has: combining cultural preservation with speculative tokenomics. The bull case hinges on memes cementing their status as vital cultural artifacts and the community rallying around BOME’s infrastructure. If the roadmap lands, collectors, academics, and gamers could create real demand.

The bear case is equally strong. The token might never become essential, regulators could choke the meme sector, and execution might stall. Plenty of promising projects still fade to zero.

Before you buy, ask yourself three questions: Do you believe meme preservation needs its own currency? Can you watch a 50% daily drawdown without panic-selling? Are you comfortable losing everything you put in? If you can answer yes, take a measured bet. If not, enjoy the archive from the sidelines.

Want to Learn More?

Use these resources to keep researching:

Always verify links independently, and never share seed phrases or private keys with anyone.