With a market cap of $705 million, Book of Meme quickly gains momentum. Currently, it is trading at $0.0010 with a 24-hour surge of 13.28%. In the last 7 days, the meme coin has increased by 59.32%, asserting dominance over the $0.0010 mark.
In the daily chart, the recovery rally in the meme coin surpasses the long-coming resistance trendline, resulting in a trend reversal rally. As it surpasses the 200-day EMA, the uptrend is approaching the 50% Fibonacci level at $0.0132251.
If the bullish trend continues, the 100% Fibonacci level at $0.020 is a potential price target by the end of the month. $BOME
