BOME - A rather awkward star meme coin on Binance
Bome's wash situation: After being listed on Binance for more than half a year, it only dropped by half, hardly washed at all. Just look at how Slerf Rats Sats was washed, it directly dropped 10 times, and Ordi also dropped 4 times. A coin that doesn't drop much is friendly to retail investors, but not friendly to big players.
The question arises: why doesn't this coin drop?
In my opinion, after being listed on Binance, its market cap at the bottom was 380 million U. This indicates that after being listed on Binance, a popular meme coin is hard to drop below 300 million U. Now, looking at Act with a current market cap of around 400 million U, what does it indicate? The downside space is limited.
So, is there accumulation by big players at Bome's bottom?
I feel there is accumulation, but the volume is not large, only about 5 times the previous volume. Generally, the volume of accumulation at the bottom is more than 10 times the previous volume. Because it hasn't dropped much, retail investors don't need to cut losses, so they can't grab the goods.
So why is Bome currently neither up nor down?
The wash is insufficient, it can't go up or down. Coins listed on Binance won't drop randomly.
If it drops too much, someone will grab the chips, and it won't be the big players' turn to buy. It doesn't mean Bome won't rise; if the market comes, it will rise. Additionally, Bome's weight is still a bit heavy.
Now look at Dogs, this garbage VC coin, actually not many people are optimistic about it, later the weight will be lighter, probably it will rise much better. Dogs clearly have big players and project teams. The market cap of Dogs dropped to a minimum of 260 million, which looks pretty good, after all, it has been listed on the spot. Overall, I think Dogs deserves a higher score than Bome.
From the analysis of the chip structure, I believe BOME is not an exceptionally outstanding coin, but that doesn't mean it won't rise later. When large funds come in, it will also rise rapidly.
The inscription is washed thoroughly, yet it still doesn't rise. Still waiting for the favorable wind to come.
