BOME’s price is rising rapidly as attention turns to Solana meme coins.
A golden cross pattern would confirm the bullish thesis with a bullish target of $0.02.
The RSI breaks a bearish divergence as bulls regain dominance.
BOME futures open interest jumps 74% as interest in meme coins surges.
On Monday, meme coins in the Solana ecosystem accumulated a net gain of more than 5%, with BOOK OF MEME leading the gains. The price increase comes as Bitcoin once again surpasses $70,000, driven by former US President and Republican candidate Donald Trump’s speech at the Nashville Bitcoin Conference.
Despite BOOK OF MEME’s 20% gain to $0.0105, price action will be influenced by a variety of factors, including the upcoming FOMC meeting, overall market sentiment, buzz around meme coins (especially those in the Solana ecosystem), and key support and resistance areas.
