Share this article

Lure of Quick Money Sees $100M Flow to Solana Meme Coin 'Presales'

The trend was fueled by the success of Book of Meme (BOME), which turned a few hundred dollars into hundreds of thousands in paper gains for early investors.

By Shaurya Malwa|Edited by Sheldon Reback

Updated Mar 18, 2024, 12:10 p.m. Published Mar 18, 2024, 12:08 p.m.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk) — Crypto token presales feed the lure of easy money. (Anjo Clacino/Unsplash, modified by CoinDesk)