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BOOK OF MEME Is Surging: Can BOME Hit New Highs?

Daniela Kirova
Daniela Kirova
Daniela Kirova
Author:
Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.
May 16th, 2024

BOOK OF MEME (BOME) is surging – it’s currently worth $0.01232 and has gained 15.22% in the last 24 hours. BOME reached an all-time high of $0.0276 on March 15, 2024. Can it reach a new high? We attempt to find out.

At first glance, that doesn’t seem likely, as it’s still down by more than 50% from the ATH even counting today’s surge.

Why is BOME up today?

BOME’s price has most likely increased as a reflection of memecoin season’s starting again. Many indicators point to a potential pump. More than 15 technical BOME indicators are currently in the green. The outlook for the memecoin is bullish, with experts predicting BOME will reach $0.016 before the end of the second quarter of this year.

Should you buy BOME now?

Some experts even expect the price to reach $0.04 by June 15, an increase of over 300%. The Fear & Greed Index shows Greed (70). BOME had 60% green days over the past month, with price volatility of 8.45%. It may be a good time to buy BOME now.

Another argument favoring buying BOME involves a whale purchase five hours ago (at the time of writing). The whale bought BOME worth $202,760.45 at $0.01313, slightly higher than the current one.

Long-term price prediction

Predictions are wild for 2025, ranging from a minimum of $0.012465 to a maximum of $0.058358. BOME price volatility is expected to subside longer-term, with the prediction for 2030 ranging from a minimum of $0.030831 to a maximum of $0.049989. If BOME reached the upper price target, that would be equivalent to a gain of 400% by 2030.

About BOME

We’ve included a final section describing the BOME project to provide additional information, which could be useful for you to decide whether to buy it or not.

BOME was created to “redefine web3 culture” by merging memes, memecoin trading, and decentralized storage solutions.

The project aimed to synthesize the rapidly developing meme culture within the BOOK OF MEME ecosystem and ensure that elements could be immortalized on the blockchain. Its goal was to “make memes unstoppable” and facilitate a new decentralized social media dimension.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.