BOOP Market Cap Surpasses $500 Million Shortly After Launch, with Trading Volume Exceeding $60 Million in the First Hour and a Half

BlockBeats News, May 1st, according to GMGN market data, the meme coin launch platform on Solana, boop.fun, saw its native token BOOP's market cap briefly surpass $500 million, currently at $461 million. The trading volume reached $62.2 million within 1.5 hours of trading.

It is reported that boop.fun is a meme coin launch platform founded by NFT whale and crypto KOL Dingaling. Unlike Pump.fun, boop.fun will redistribute fees to BOOP token holders.