What is BOME and Why is it Suddenly Become Popular?
BOME, short for Book of Meme, is a type of cryptocurrency called a memecoin that launched just a couple of days ago.
Surprisingly, it has quickly become very popular and has reached a market value of over $1 billion.
This rapid rise in popularity led to BOME being listed first on Bybit and then on Binance for trading.
On its official website, BOME describes itself as an experimental project aiming to combine memes, decentralized storage solutions, and the trading of Decanter shitcoin to redefine web3 culture.
The project collects evolving memes into a digital compendium called the BOOK OF MEME , keeping them immortalized on the blockchain.
Unlike BOME's success, other memecoins like PEPE , WIF , FLOKI, and BONK experienced significant drops in value, losing more than 10% during the day.
The largest investor in BOME, known as Sundayfunday.sol, invested 420 SOLS initially, equivalent to $67,200.
Currently, their unrealized earnings have soared to $34.56 million, marking a return of 436 times the investment. Interestingly, they haven't sold any tokens yet.
Another participant in the BOME pre-sale managed to sell all their 347 million BOME tokens for 34,647 SOL, approximately $6.58 million, which represents a 340 times gain from their initial investment of 102 SOL (about $19,000).
These events have drawn attention to BOME within the cryptocurrency community, especially on platforms like Binance, emphasizing its potential in the memecoin and crypto market.
PEPE Trader Turns $83 into $79.4 Million, Achieving a 958,580x Profit 🎯
The PEPE token recently exceeded all expectations, hitting an all-time high and generating phenomenal profits. A trader managed to turn an initial investment of $83 into $79.4 million through strategic acquisitions, achieving an astounding 958,580x return.
A detailed analysis by a blockchain analytics firm revealed that the trader operated through three interconnected wallets. Initially, the trader bought about 6.44 trillion PEPE tokens using just 0.041 ETH (approximately $83).
Through a series of savvy investments and trades, this modest investment ballooned into a substantial fortune.
The remarkable success of the PEPE token has garnered widespread attention, showcasing the potential for massive profits in the cryptocurrency market. With more investors entering the space, the prospects for the PEPE token remain promising.
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$STRK looks strong today, firmly holding the 1.2$ level. Once it initiates its upward climb, the next target will be 2.65$. If it loses momentum, 1.08$ will provide the next support. hopeful for $BTC to stay bullish in the meantime. It has given 80% profits in the last rally.
Urgent Update: PEPE, BTC, ETH 🛑🛑 Urgent, Urgent, Urgent Update🛑🛑 1️⃣ PEPE Analysis: Current Status: PEPE is still pumping. Challenges: The area it has reached is difficult to penetrate without a strong liquidity injection. Support Area: 0.00001420 is a strong support area. Potential Movement: If 0.00001420 is penetrated, PEPE may rise slightly to 0.00001450 or up to 0.00001500. Correction Expected: A correction might come in the coming hours, but it's not certain. 2️⃣ Market Condition: Liquidity Pumping: The market is experiencing abnormal liquidity pumping due to news of the ETF ETH SPOT. Expected Correction: A violent correction is expected today or tomorrow, which could negatively impact PEPE. Trading Advice: Avoid trading PEPE as it may decline sharply. The current market value has likely peaked, indicating potential strong declines. Indicators: RSI and other indicators suggest a strong movement is imminent, with current negativity indicating a possible hidden movement. 3️⃣ Short Positions: Action: If you have any short deals, consolidate and wait. Risk: PEPE, being a MEME currency, may fall today or tomorrow. Advice: Avoid trading PEPE for now as a correction is likely, and it may not remain in the bullish zone. 4️⃣ Long Targets: Future Potential: PEPE has long targets up to the 0.00001700 area. Patience Needed: We must wait for clearer signals before acting. ♥️ Thank you for Watching my Post♥️ Contribution Matters: Your contribution is essential in maintaining accurate and profitable analysis. Your support enables us to provide valuable insights, helping you avoid losses and stay informed in future trading endeavors Every tip counts!💼💰 👉👇👇👇👇👇👇👍 #cryptouniverseofficial $BTC $ETH $PEPE
How Two Pizzas Changed History 🍕 The Story of Bitcoin's First Purchase for 10,000 BTC! In Florida, USA, a programmer named Laszlo Hanyecz posted on a local forum expressing his desire to buy two pizzas for his children and pay with Bitcoin. Despite several days passing without any takers, on May 22, 2010, a 19-year-old named Jeremy Sturdivant accepted Hanyecz's offer of 10,000 Bitcoins for the pizzas, then valued at about $41. Sturdivant purchased the pizzas and delivered them to Hanyecz's home. Laszlo confirmed the delivery by sharing a photo with his two children, and as promised, he paid with 10,000 Bitcoins. This transaction marked the beginning of a historic moment in the world of cryptocurrency. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #pizzaday #ETHETFS #BitcoinHistory #PEPE $BTC
Crypto analyst Michael van de Poppe predicts that the Bitcoin price is now at the end of the correction and could find support in the range of 56-58 thousand dollars.
"Bitcoin is at the end of the correction. It is currently more than 20% below its recent highs and we will face more negativity from here. If the correction continues, I think we should watch the green zones between 56-58 thousand dollars."
Experienced trader Peter Brandt expects further declines in the Bitcoin price. He said that the BTC price has peaked and the charts look like a descending triangle, indicating a decline until the price breaks out. Before the bull market continues until 2025, Brandt predicts a drop to 47-49 thousand dollars. #BTC
My friend tricked me for many years. Over the past decade, he kept advising me on investments:
- In 2011, he told me to buy $BTC
- In 2016, he told me to buy $ETH
- In 2017, he told me to buy $BNB .
- In 2019, he told me to buy $SHIB
- In 2023, he suggested I buy $pepe.
Luckily, I didn't fall for it; I knew they were all scams. I'm relieved I didn't listen because most friends who bought BTC and Ethereum now live lavishly, with fancy cars, beautiful companions, and global travel. But that's not the life I want. I don't envy them. I value the challenges and competition in my job and the rewards from hard work. I prefer earning wealth through real work, not speculation or luck. I focus on established coins and aim for solid success.
I feel like ENS is about to take off. I plan to increase it a bit around 18.4. Looking at the weekly chart, there may still be a wave of decline. I will consider taking ALT a bit around 0.55.
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Social media is buzzing with videos predicting these cryptocurrencies will hit such figures in 2024. These videos appear to be made by individuals with a basic understanding, reminiscent of a novice's perspective.
Investors, especially the newcomers, should approach these optimistic forecasts with caution. The likelihood of these cryptocurrencies reaching such valuations by 2024 is slim. It's vital to do extensive research before investing.
Many beginners in the crypto market invest in inactive coins and then turn to community feedback, usually due to inadequate knowledge. It’s crucial to learn and research thoroughly before entering the crypto world. My experience navigating these waters has taught me these lessons, and I share this advice to help new investors avoid similar mistakes.
If you have come across such speculative predictions, I invite you to discuss your views.
Guys 👋🏻! Below are my personal expectations from #sol in near future.
Well, for the last few days we have been seen that #sol is in uptrend but there are almost no volume that supports an idea of a strong trend, it's always a bad sign. Take a look at the liquidation heatmap, there are a lot of liquidity at 200 price mark and probably price will make an attempt to wipe this level out.
Why I expect a 200 price mark is going to be a peak?
1. Strong rejection from 210 price level (displacement, market structure shift), big players sold huge amount of coins at that price level.
2. Current trend is not supported by volume.
3. Big liquidity pools aka magnets for price below current price level (see screenshot).
4. A FVG aka inefficient price delivery (see screenshot).
In order for price to reach 210 price mark again we would like to see increasing volume which is not the case. After probable rejection from 200 price level I expect retracement back to FVG. We can monitor price behavior in that level, if it fails to hold price there, there is a chance to see lower prices. I would appreciate your opinions as well.
Coin ENA is coming on binance, You need to know everything about the project. I also made a price prediction when the trading will start, so read it carefully.
After the incredible success of Ethena USDe the company is now coming up with their governance token #ETHENA ( ENA) .
** What is Ethena ? **
Ethena is a protocol that offers a dollar-denominated savings product called the "Internet Bond" through blockchain. It achieves price parity with the US dollar using the synthetic asset USDe and Ethereum collateral.
**How Ethena generates yield?**
Ethena generates a 35.4% yield through delta hedging of derivatives positions against ETH and the combination of yields from staked ETH and funding/basis spreads from perpetual and futures markets.
**My Opinion About the project **
Looking at how good the marketcap of Ethena stable coin is , The annual yield they are offering , The total value locked is $1.5 billion which is huge and looking at their user base the project looks great.
Also they have a Stable coin with a $1.4 billion marketcap already. So somehow the project is already developed.
If we see how ETHFI performed well last week. ENA is the same category coin "LSD"
There is an ongoing hype of Ethereum ETF, If ETH gets the approval. Ethereum based LSD's may also take advantage.
But as always i do not recommend buying coins right after the launch. Observe the price first for a few days and also see the marketcap at the time of launh.
**My price prediction at the time when trading will start**
Based on the average marketcap of recent Binance launchpads, the predicted price range for ENA at launch would be $0.25 - $0.35.
Ethena is still available to farm if you're interested in farming some free coins using your BNB or FDUSD , you can use this link to farm
This coin is launching on 2 April 2024. So, the thing you should know is hold it until the price surges up.You should buy Ena coins on the launch day and hold it until it goes up.
Keep in mind prices will go up in just 23 hours as many investors will buy the coin For sure.
Ena coin has the potential to have 300 % gains on my perspective so just be patient.Keep mining on the launchpool and don't sell your coins immediately on the launch day but hold it and then sell it!