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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.

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)