BOME Hits 2-Month High as Market Rebounds

On October 14, BOME - the third-largest meme coin - surged as Bitcoin recovered to its price levels from earlier in the week. Solana-based Book of Meme (BOME) jumped more than 25% in 24 hours, reaching $0.008841, its highest in the past two months.

BOME’s surge has brought its market capitalization to $610 million, ranking it 131st among the largest digital assets. Daily trading volume also jumped more than 195% to $928 million, with the majority of trading taking place on Binance, followed by Gate.io and Bitget.

Meanwhile, futures open interest also recorded a sharp increase. According to data from CoinGlass, BOME futures open interest hit a record $131.12 million, more than doubling from last week’s low of $57 million.