$BOBO migration announced
$BOBO announced a 1:1 supply migration from ETH to Solana with a migration window opening on April 20, and the thread suggests bridging from Base/L2s to avoid delays. (x.com) The plan frames a chain-to-chain supply move rather than a new mint, with timing set for next week. (x.com)
$BOBO said it will move its supply from Ethereum to Solana on a 1:1 basis, with the migration window set to open on April 20. (bobo-migration.app) The project’s migration site says holders will connect an Ethereum wallet, submit a request, link a Solana wallet, and receive Solana-based $BOBO after verification. The same page says Ethereum-based tokens that enter the process will be “burned or locked” to keep supply aligned across chains. (bobo-migration.app) That setup describes a chain swap, not an extra issuance: tokens on one network are taken out of circulation as replacement tokens are delivered on another. The Solana-side site for $BOBO lists a supply of 1,000,000,000 tokens and names rekt_tekashi as founder. (bobo-migration.app, based-bobo.com) $BOBO started as an Ethereum meme token in 2023. A Poloniex listing notice from April 2023 identified BOBO as an Ethereum-mainnet token and gave its then-listed total supply as 420,690,000,000,000. (support.poloniex.com) CoinGecko still tracks Bobo Coin on Ethereum, where it showed about 66.4 trillion tokens in circulating supply and about 66.48 trillion in total supply on April 15. That means the migration is shifting a large existing holder base off Ethereum rather than launching from zero. (coingecko.com) The immediate practical issue for holders is chain location. The migration flow on the official site starts from an Ethereum wallet, so users holding wrapped or bridged versions on other networks may need to move assets back into an Ethereum-compatible path before they can swap. (bobo-migration.app) Projects make moves like this to change where a token lives, how cheaply it trades, and which wallets and exchanges support it. Solana transactions generally cost less than Ethereum mainnet transactions, while Ethereum has remained the original home for many older meme tokens. (coingecko.com, based-bobo.com) The migration site also shows live activity fields for Ethereum and Solana addresses, suggesting the team is preparing an onchain handoff rather than asking holders to trust an off-platform claim. The next test is simple: whether holders can complete the swap cleanly once the April 20 window opens. (bobo-migration.app)
