A new meme coin called BOOK OF MEME (BOME) has gained a lot of attention lately. Its price has surged by 300% in the last day, reaching $0.01751. BOME has been doing well over the past week, starting at $0.000858 and reaching a high of $0.01826.
BOME is competing with other popular meme coins like PEPE and BONK. Its trading volume has increased by 180%, reaching $2.71 billion, making it the 13th most traded cryptocurrency. This surge in trading volume has pushed BOME's market capitalization to $922.44 million.
With its current growth rate, BOME is getting closer to PEPE and BONK in terms of market capitalization. PEPE's market cap is $3.48 billion, while BONK's is $1.93 billion. BOME might surpass them if it continues on this path.
However, after the initial hype, meme coins often experience a decline. BOME needs to prove its value beyond the hype to stay relevant. With the overall crypto market doing well, BOME has a chance to establish itself, but it needs to offer something more than just hype.
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