Book Of Meme Price Prediction: BOME Goes Ballistic with 436% Pump as This Dogecoin 2.0 ICO Rockets Past $600K

adminMarch 17, 2024

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Book Of Meme price has surged 436% in the last 24 hours. Traded at $0.01354 As of 10:45 PM ET, trading volume had surged 313% to $2.2 billion.

This comes despite the meme coin sector plummeting more than 4% to a market capitalization of $56.7 billion.

Book of Meme Price Bulls Trying to Drive Prices Higher

Book Of Meme Price Chart Analysis Source: Geckoterminal.com — BOMEUSD Chart Analysis Source: Geckoterminal.com

The price of Book Of Meme saw a dramatic rise within two days of launch, with the bull showing its resilience as the price soared approximately 23,092% in that time. BOME bulls are hitting new highs after a very short period of time and the latest price is $0.01436, which is a slight retracement to the current price.

Support around $0.008 serves as a base for bulls to push the price higher.

BOME is trading above its 9-day exponential moving average (EMA), which indicates a buy signal, so the price is likely to rise further.

Moreover, the Relative Strength Index (RSI) is trading at 75 in the 70 overbought zone, indicating continued buying pressure.

Baume MACD

Moving Average Convergence Divergence (MACD) further supports the bullish outlook as the moving average line (blue) crosses above the signal line (orange), indicating a bullish crossover. Bullish investors often use this as a signal to add more tokens. Because this will cause prices to skyrocket.

Additionally, the green bar on the histogram extends above the neutral line, indicating that the current price trend is in positive momentum. The positive momentum is further supported by a move of 63 in the Average Directional Index (ADX), which shows that BOME is currently in a very strong upward trend.

Meme price prediction book

According to Book Of Meme price analysis, BOME bulls will maintain their bullish rally with $0.008 as the main base.

Additionally, the 9-day EMA and MACD encourage bulls to add more buying, targeting the next resistance level at $0.016, thus providing a bullish outlook for bullish investors.

However, the RSI is already above overbought territory, which could mean a price correction may occur. In such a scenario, bulls would establish a base at $0.00992, acting as a buffer against downward pressure.

With BOME price soaring, investors are seeing Dogecoin20 as the next dog-themed meme coin to emulate the success of DOGE and SHIB, with pre-sales quickly surpassing $600,000.

Dogecoin20 Surpasses $600,000 – The Next Shiba Inu?

Dogecoin and Shiba Inu top the meme coin market with market capitalizations of over $22 billion and $16 billion, respectively.

Dogecoin 20 (DOGE20) This is a new project aimed at attracting the attention of meme coin lovers, coming as the first upgrade of the Dogecoin brand.

🚀 #DOGE20 It’s not just another offshoot inspired by the Shiba Inu.
In keeping with Dogecoin’s ethos of doing only good things every day, it offers passive rewards through on-chain staking. 🌱🌟
Our most widely loved products embrace a greener, more sustainable future. #memecoin oh my god! 🐾 pic.twitter.com/zqlONodRPB
— Dogecoin20 (@DOGE_COIN20) March 14, 2024

The pre-sale is already attracting more and more investors, raising about $634,000 in about 48 hours, reaching its target of $901,000. Some of the interest may have been sparked by comments Elon Musk made this week at Tesla’s Giga Berlin factory. He said Dogecoin will eventually be able to accept payments for Tesla car purchases.

DOGE20, an upgraded version of Dogecoin, uses a Proof of Stake (PoS) mechanism to provide faster and more accessible transactions.

how #Dogecoin20 It’s different from #Dogecoin?
$DOGE20 is part of: #viceroy family #memecoin However, the introduction of staking adds more utility and value to holders. #Ethereum For passive rewards. 💰🐕
The ’20’ in Dogecoin20 stands for ‘ERC-20’. 🔢 pic.twitter.com/UV6WOXXTj3
— Dogecoin20 (@DOGE_COIN20) March 15, 2024

$DOGE20 stake, 1,143% annual reward

The platform also has staking options that allow you to earn passively: Staking $DOGE20, which earned an impressive Annual Percentage Yield (APY) of 1,143%. Early users have already staked over 2.3 billion $DOGE20 tokens.

$DOGE20 is ERC-20. #token built on #Ethereum #blockchain, has smart contract functionality. 🌐🔥
that much #DOGE20 The staking contract simulates an emission schedule. #Dogecoin. 📅
Each staker receives rewards based on a proportion of the staking pool. 💰🐕 pic.twitter.com/wmwSTpge4I
— Dogecoin20 (@DOGE_COIN20) March 15, 2024

Prominent cryptocurrency YouTuber Jacob Bury believes Dogecoin20 is one of the best meme coins you can buy right now, and he wonders if it might be the next Shiba Inu.