BOOP's market value briefly surpassed 500 million dollars, and the trading volume exceeded 60 million dollars within an hour and a half of its launch

According to GMGN market data, the meme coin launch platform boop.fun on Solana saw its platform token BOOP's market capitalization briefly exceed $500 million, currently reported at $461 million, with a trading volume of $62.2 million within an hour and a half of its launch.

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 distributes transaction fees to BOOP token holders.