😍😍 Duc Dung asked CafeBit to evaluate memecoin $BOME . As soon as it became interesting, I also started collecting more for the long term.
My opinion is that BOME has more advantages than disadvantages, worth investing in, but whether or not it will make a big profit still depends on your capital investment and profit-taking strategy.
👉###ATTENTION: If you don't like reading analysis but only care about buying and selling zones, scroll down to the bottom!
Anyone who wants to thoroughly understand the facts about BOME should read my following notes carefully!
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😍ADVANTAGES
💵 $BOME is pure memecoin!
Some projects are shunned by meme investment professionals because they only label memecoin as a brand, then develop an ecosystem no different from regular DeFi. However, this situation does not exist in BOME, at least for now.
BOME does have a number of tools and external link sites, but it's purely for fun purposes. A typical example is a website that helps turn users' memecoins into 1980s style 😂😅
👉In short, BOME still complies with the 3 No's principle of a typical memecoin, including No Utility, No Profit Commitment (No Reward), No Intrinsic Value (No Intrinsic Value).
This is a big plus point of BOME.
💵Active community
Currently, the BOME community operates mainly on the X account of the artist and founder of Darkfarms.
There are rumors that Darkfarms is also the artist of memecoin PEPE, but I have not found specific evidence or his confirmation about this. If you have any, please comment below.
Since BOME appeared, Darkfarms regularly draws a meme photo of the green frog every day and posts it to X, so the above rumor is most likely true. As far as I remember, this artist has never had a day off, not even Sunday :).
💥Right after the Donald Trump incident on July 14, Darkfarms also posted a photo of a PEPE frog with its fist raised high against the American flag background, similar to Trump's moment. 😅
Each Darkfarms meme photo post receives a very good amount of interaction, you can go to X to check it yourself. The project also attracted the attention of many previous PEPE investors because of the same green frog theme 💪.
💵Impressive capital raising and token launch process
If you have forgotten, BOME raised presale capital of 10,131 SOL (about 1.8 million USD) in less than 1 week. After listing, BOME suddenly reached a capitalization of 1 billion USD and listed Binance in just 4 days. This is an unprecedented feat in crypto history.
The success of BOME also sparked a wave of presales on the Sol system, but there is no project of similar stature, it's all scams. I think that Binance listing BOME in a very short time may have some undisclosed reason, not simply a vibrant community and large trading volume.
💵There is a plan to burn coins to tighten the supply
According to a post on X by artist Darkfarms, the project plans to tighten the supply by burning tokens. Accordingly, users will enter the ETH wallet address containing 888 BOME (about 8 USD at current prices) and burn it forever. In return, they are included in the list to receive airdrops in the future.
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🥶DISADVANTAGES:
Price and capitalization:
BOME price as of the time of writing is 0.008 USD, capitalization of 549 million USD (this is also FDV), has not reached the important milestone of 1 billion USD and is much lower than the top memecoins on Binance such as DOGE, PEPE, SHIB, WIF or BONK.
However, I think this is still not a truly safe level for you to go "all in" on BOME. For comparison, before the x10 pump in early 2024, PEPE had a capitalization of about 380 million USD, PEOPLE (140 million USD), WIF (200 million USD).
💵💵💵Investment plan $BOME :
AE can buy from the current price of 0.008 USD, but note to divide capital to add DCA in the area of 0.005 and 0.004 USD.
In case Bitcoin fails to surpass 65,000 USD and returns to test the area below 50,000 USD, it is likely that BOME will be negatively affected and fall to the two milestones mentioned above.
The capitalization level of 200 - 250 million USD will be the ideal area for BOME to accumulate and wait for x5 x10 growth as expected by many people. => The first profit-taking zone is when the capitalization first touches 1 billion USD, at which point I will sell 30% of the tokens.
I will sell the next 30% of the BOME amount at 0.02 USD and keep the remaining 40% of the tokens for further observation.
