Whale fbb4 and Institutions Back Book of Ethereum Memecoin
Book of Ethereum is a religious-themed memecoin launched in April 2024 on Ethereum mainnet. The project brands itself as the “bible” of the Ethereum ecosystem, featuring ten commandments, audited contracts, and a fixed supply of 100 million BOOE tokens with liquidity locked until year 1337 and zero transaction fees. Two companion tokens, HOPE and PROPHET, expand the community narrative under a “Trinity” framework.
High-profile figures like BitMine CEO Tom Lee and ConsenSys co-founder Joseph Lubin have publicly followed the Book of Ethereum project, signaling strong institutional interest in Ethereum-based memecoins. Anonymous whale fbb4—known for profitable bets on Pepecoin and GME—has amassed a sizable BOOE position, deploying a strategy of buying, providing liquidity, and holding to sustain narrative-driven rallies. His wallet saw nearly $9 million in profits within one month.
This surge in attention and capital has fueled a short-term price rally for the Book of Ethereum memecoin. Traders should weigh the speculative dynamics, narrative dependence, and potential regulatory risks when considering entries and exits.
Neutral
The public endorsements by Tom Lee, Joseph Lubin, and whale fbb4 have sparked short-term bullish momentum for the Book of Ethereum memecoin. However, like past hype cycles in PEPE and DOGE, the rally is driven by narrative and high-profile involvement rather than fundamental utility. Once narrative heat dissipates or whale strategies pivot, sharp corrections often follow. While traders may capitalize on near-term volatility, the reliance on promotional activities and locked liquidity raises uncertainty about sustained growth. Consequently, the overall market impact remains neutral, with opportunities for both gains and risks of pullbacks.