2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%

News.bitcoin.comPublished on 2024-08-10Last updated on 2024-08-23

It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period.

Crypto’s Year-to-Date Gainers and Losers

In 2024, statistics reveal that several crypto assets have achieved impressive quadruple-digit gains, with 14 digital currencies recording triple-digit increases year-to-date (YTD). Leading the charge, the meme coin book of meme (BOME) skyrocketed by 11,931% against the U.S. dollar. Similarly, mog coin (MOG) has surged 3,733% YTD. Mantra dao (OM) climbed 1,763%, and aerodrome finance (AERO) saw a 1,235% rise, rounding out the top four with four-digit growth.

The meme token turbo (TURBO) jumped 920%, dogwifhat (WIF) advanced 860%, and pepe (PEPE) gained 522% YTD. Other noteworthy gainers since the start of 2024 include PEOPLE, AIOZ, FLOKI, ONDO, JASMY, and TON, each rising between 175% and 318% against the greenback. CKB, PENDLE, AR, and MEW completed the list of triple-digit risers, with gains ranging from 108% to 124%.

However, 2024 hasn’t been kind to all. The wormhole token’s W has taken the biggest hit, dropping 83.98% against the U.S. dollar as of Aug. 11. Wemix token (WEMIX) has declined 71.27%, and casper network (CSPER) is down 70.97%. Mina protocol (MINA) has seen a 69.69% decrease YTD, while DYDX fell 66.19%. The BRC20 token ORDI also slipped 66.01% against the greenback.

As 2024 unfolds, the digital currency landscape continues to reflect the volatile nature of today’s market, where significant gains are counterbalanced by deep losses. The performance of meme coins and other crypto assets serves as a stark reminder that while opportunities for substantial returns exist, the risks of severe downturns are equally present in this dynamic crypto market.

What do you think about 2024’s biggest gainers and losers so far? Share your thoughts and opinions about this subject in the comments section below.

Bitcoin.com News is seeking a News Writer to produce daily content on cryptocurrency, blockchain, and the digital currency ecosystem. If you are interested in becoming a key member of our innovative global team, apply here.

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
jst
JUSTJST

Related Reads

Interview with Robinhood Executive: Meme + Tokenized US Stocks as "Barbell" Customer Acquisition Strategy, All Business Lines Achieve Hundreds of Millions in Revenue

Interview with Robinhood executive Johann Kerbrat reveals the company's "barbell" customer acquisition strategy for its new Robinhood Chain, combining meme tokens with tokenized stocks. Three weeks after mainnet launch, the chain has seen over $3B in weekly DEX volume and 105M transactions. Kerbrat explains the logic behind the permissionless chain: meme tokens attract DeFi users, while tokenized real-world assets (RWA), currently over 90 US stocks and ETFs accessible in 120+ countries, serve global users. The goal is to bring Robinhood's 27 million funded accounts on-chain by simplifying DeFi with a user-friendly interface, exemplified by features like Robinhood Earn which offers yield without requiring wallet management. Built on Arbitrum's technology stack for its speed, low cost, and Ethereum's security, the chain focuses on financial products like Earn, spot trading, and perpetuals. Kerbrat downplays direct competition with platforms like Base, emphasizing the goal of expanding the overall market for on-chain assets. He details selective partnerships (e.g., Morpho, Lighter) based on compliance, unique UX, and differentiation. While regulatory clarity is pending for US perpetuals, the expansion continues via Bitstamp in Europe. Finally, Kerbrat positions Robinhood as a "super app" integrating stocks, options, crypto, banking, and AI trading, with all major business lines generating hundreds of millions in revenue. For the chain, current priority is driving adoption over maximizing gas fee revenue.

marsbit1h ago

Interview with Robinhood Executive: Meme + Tokenized US Stocks as "Barbell" Customer Acquisition Strategy, All Business Lines Achieve Hundreds of Millions in Revenue

marsbit1h ago

Fidelity Q3 Report: BTC, ETH, and SOL Continue to Build Bottoms; How Much Further Will This Crypto Bear Market Go?

Fidelity's Q3 Crypto Signal Report analyzes the current bear market, noting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are in a prolonged bottoming phase. Key indicators like the weighted Net Unrealized Profit/Loss (NUPL) have turned negative (-0.01), signaling the market is slightly below its aggregate cost basis, with BTC acting as the primary stabilizing asset. BTC's dominance has risen to 68%, indicating a lack of capital rotation to other digital assets. Performance has been weak across the board, with BTC, ETH, and SOL down significantly year-to-date. Market sentiment is depressed, exacerbated by substantial outflows from spot ETPs and a challenging macro environment. The report compares the current ~203-day downtrend to historical ~300-day bottoming cycles, suggesting the process may be two-thirds complete, with late 2026 as a potential timeframe to monitor. For Bitcoin, NUPL at 0.09 indicates cautious sentiment, while momentum signals remain negative. The Yardstick metric points to potential undervaluation relative to network security (hashrate). Ethereum's NUPL is deep in the "capitulation" zone at -0.43, a historically positive signal for future returns, though its momentum and network fee revenue are negative. Solana shows the deepest NUPL at -0.72 but demonstrates relative resilience in on-chain activity and stablecoin transfer volume. The report concludes that while several metrics are near historical capitulation levels, a definitive market bottom has not yet been established. The path forward likely involves continued consolidation, with BTC's relative strength and fundamental on-chain usage for ETH and SOL providing key areas for investor observation.

marsbit1h ago

Fidelity Q3 Report: BTC, ETH, and SOL Continue to Build Bottoms; How Much Further Will This Crypto Bear Market Go?

marsbit1h ago

How did Bitcoin and Ethereum perform in August? Here are the key facts you need to know

Bitcoin and Ethereum ended July with gains but entered August with historically weak performance indicators. Past monthly trends suggest a negative closing for both cryptocurrencies in August cannot be ruled out. In July, Ethereum outperformed Bitcoin, gaining 18.5% compared to Bitcoin's 7%. However, Ethereum's August performance since 2016 is mixed, having closed higher in only 4 out of 10 years. Its best August was in 2017 with a 92.86% surge, while its worst was in 2018 with a 34.79% decline. While Ethereum's average August return is 6.74%, its median return is -1.74%, indicating the positive average is heavily skewed by a few strong rallies. Bitcoin's historical August data is also not decisively bullish. Its average return is 1.06%, but the median is -6.99%, showing negative closings are more common. Recently, Bitcoin has shown volatility in August, gaining 8.13% in 2025, 2.95% in 2024, and declining 4.02% in 2023. In summary, while the average August returns for both assets are positive, the negative median returns imply that strong rallies inflate the average, and a negative monthly performance is a more typical outcome for August.

cryptonews.ru1h ago

How did Bitcoin and Ethereum perform in August? Here are the key facts you need to know

cryptonews.ru1h ago

Senator Proposes Creation of Bureau to Combat Trump's Cryptocurrency Business

A US senator has proposed the creation of a federal bureau to investigate and combat corruption related to cryptocurrency businesses, explicitly citing former President Donald Trump's ventures. The proposed bureau, to be led by a Senate-confirmed board, would operate independently with investigative powers. The senator's bill also aims to allow private citizens and state attorneys general to sue officials and companies to recover illicitly obtained funds, seeking to eliminate conflicts of interest for public servants in crypto. The proposal follows reports that Trump and his family earned over $5.4 billion from crypto projects like World Liberty Financial and specific memecoins after his 2025 return to the presidency. While the White House denies any conflict of interest, these controversies have stalled the CLARITY bill, with Democrats pushing for amendments to ban crypto profits for presidents, Congress members, and their families. Similar amendments were previously rejected from the GENIUS stablecoin law in 2025.

cryptonews.ru3h ago

Senator Proposes Creation of Bureau to Combat Trump's Cryptocurrency Business

cryptonews.ru3h ago

HIVE Executive: AI GPUs Generate 10x More Revenue Per Hour than Mining Farms

HIVE Digital Technologies reported a significant shift in its business strategy, with AI computing now generating vastly more revenue per GPU-hour than its Bitcoin mining operations. CEO Frank Holmes stated that a cluster of 504 Nvidia B200 GPUs deployed in AI infrastructure earns about $2.90 per GPU-hour, compared to roughly $0.12 per hour from Bitcoin mining rigs. The company’s fiscal 2026 total revenue grew 158% year-over-year to $297.8 million, with its new AI and high-performance computing (HPC) division, BUZZ HPC, contributing $19.5 million. HIVE’s strategy involves directing most new infrastructure investment towards higher-margin AI services while maintaining its significant Bitcoin mining operations, which produced 2,885 BTC in FY2026. Its most ambitious project is a 320-megawatt AI data center near Toronto, slated to begin operations in late 2027 and projected to generate approximately $360 million in annual recurring revenue. HIVE’s pivot reflects a broader industry trend as public mining companies face pressure from declining Bitcoin mining margins and increasingly allocate resources to lucrative AI and cloud computing contracts.

cryptonews.ru3h ago

HIVE Executive: AI GPUs Generate 10x More Revenue Per Hour than Mining Farms

cryptonews.ru3h ago

Trading

Spot

Hot Articles

How to Buy BOME

Welcome to HTX.com! We've made purchasing BOOK OF MEME (BOME) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy BOOK OF MEME (BOME) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your BOOK OF MEME (BOME)After purchasing your BOOK OF MEME (BOME), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade BOOK OF MEME (BOME)Easily trade BOOK OF MEME (BOME) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

9.6k Total ViewsPublished 2024.03.29Updated 2026.06.02

How to Buy BOME

What is BOME 2.0

BOOK OF MEME 2.0: Revolutionising Meme Culture in the Web3 Era Introduction In the rapidly evolving landscape of blockchain technology, BOOK OF MEME 2.0, popularly referred to as $BOME 2.0, emerges as an innovative project that seeks to blend the vibrancy of meme culture with the robustness of decentralized solutions. This experimental venture capitalizes on the foundational success of its predecessor while striving to engrain itself within the Web3 culture, focusing on the preservation and propagation of memes through advanced blockchain applications. What is BOOK OF MEME 2.0? BOOK OF MEME 2.0 is a pioneering cryptocurrency initiative committed to establishing a long-lasting storage solution for memes. By harnessing decentralized storage technologies such as Arweave and IPFS, the project aims to ensure that memes—an integral part of digital culture—are immortalized forever on the blockchain. The endeavor goes beyond mere storage; it strives to create an optimized Web3 experience that facilitates the seamless exchange of cryptocurrencies while supporting and fostering creative expression among users. At its core, BOOK OF MEME 2.0 focuses on three primary objectives: Meme Immortalization: By integrating decentralized technologies, the project aims to protect and preserve meme culture from the vicissitudes of the internet. Enhanced User Interaction: The initiative seeks to provide a dynamic platform demonstrating ease and efficiency in meme creation and sharing. Community-Centric Environment: Promoting active participation from users transforms them from incidental observers to engaged contributors within the ecosystem. Who is the Creator of BOOK OF MEME 2.0? The precise identity of the creator behind BOOK OF MEME 2.0 remains obscured in the available data. However, the original incarnation of this innovative project was conceptualized by the digital artist known as Darkfarms. Their insight and creativity laid the groundwork for an initiative that emphasizes creativity while leveraging blockchain technology to redefine how memes are created, stored, and shared. Who are the Investors of BOOK OF MEME 2.0? Currently, there is no definitive information regarding the specific investors backing BOOK OF MEME 2.0. What stands out is the project’s community-driven ethos, suggesting a diverse coalition of individuals and organizations invested in fostering Web3 and inspiring meme culture. This broad base of engagement reflects the project’s appeal across different sectors, from tech enthusiasts to digital artists, all unified by the shared vision of celebrating and cherishing digital culture. How Does BOOK OF MEME 2.0 Work? BOOK OF MEME 2.0 operates on the principles of decentralization, innovation, and community engagement. At the heart of this project lies the Solana blockchain, chosen for its impressive transaction speeds and scalability. This decision ensures that users can navigate the platform effortlessly, creating and sharing memes without the drawbacks of traditional systems. The ecosystem is anchored by the $BOME 2.0 token, which serves multiple purposes: Medium of Exchange: Facilitating transactions within the platform, enabling users to trade and exchange memes seamlessly. Governance Mechanism: Allowing token holders to play an active role in decision-making processes, fostering community involvement and democratic governance. Key Features of BOOK OF MEME 2.0 Meme Immortalization: Utilizing decentralized storage, the platform ensures that memes are securely archived and accessible, irrespective of the impermanence typically associated with online content. Decentralized Social Media: The project envisions creating a new type of platform where memes can be freely exchanged, promoting a culture of sharing and collaboration. Active Community Engagement: The initiative encourages users to participate actively, offering rewards and other incentives that transform collective passivity into vibrant community contribution. Timeline of BOOK OF MEME 2.0 Creating a historical context provides significant insights into BOOK OF MEME 2.0’s evolution: Predecessor Launch: The original Book of Meme project was introduced, focusing on integrating memes with decentralized storage solutions. Transition to BOOK OF MEME 2.0: As the project evolved, it rebranded to BOOK OF MEME 2.0, intensifying its focus on not only preserving memes but also expanding into decentralized social media avenues. Continuous Development: The project team remains committed to augmenting its offerings, consistently exploring new features, enhancements, and avenues that cater to its user base while fostering a sustainable ecosystem around NFTs and meme culture. Important Aspects of BOOK OF MEME 2.0 BOOK OF MEME 2.0's uniqueness lies in various factors that promise to enhance user experience and redefine digital interactions within the meme landscape. NFT Integration Incorporating Non-Fungible Tokens (NFTs) into its ecosystem is a strategic move designed to provide real utility and numerous functionalities. This integration not only expands the creative possibilities for users but also solidifies the project’s commitment to innovation. Community Support At the heart of this project lies its vibrant community, playing a critical role in driving its mission and vision. By ensuring constant user engagement, the project benefits from a plethora of ideas and inspirations that help it remain relevant in a fast-evolving digital ecosystem. Innovative Approach BOOK OF MEME 2.0 stands out as a blend of financial technology and cultural expression. By harmonizing these two realms, it lays the groundwork for an enriching user experience that extends beyond mere functionality—offering a creative outlet that resonates with the spirit of the digital age. Conclusion BOOK OF MEME 2.0, identified by its token $BOME 2.0, represents a significant foray into merging blockchain technology with digital culture, epitomized by memes. The project's unwavering commitment to decentralization, community engagement, and innovative features positions it uniquely within the landscape of Web3 initiatives. As we continue to witness dramatic shifts in how culture and technology intertwine, BOOK OF MEME 2.0 stands as a testament to the power of creativity in the digital realm—encouraging us to reimagine not just what memes are, but how they will persist and thrive in the future.

840 Total ViewsPublished 2024.04.01Updated 2024.12.03

What is BOME 2.0

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of BOME (BOME) are presented below.

活动图片

Top Questions