I believe that partners holding BOME must feel quite disheartened.
In recent days, the MEME sector has shown some signs of recovery, with most MEME coins having experienced a strong upward trend. However, BOME remains in a bottom range, and today's rebound is still suppressed by the levels from six months ago.
As a legendary MEME coin, it took only three days from its inception to be listed on Binance, but after peaking at launch, it has never been strong again.
I have also been closely monitoring BOME's performance over the past six months, particularly focusing on the level of around 0.012, but there hasn't been a good opportunity yet.
However, from the current perspective, although there is still significant pressure above, the lows are gradually rising, which is a positive sign.
I believe that the lack of a significant upward movement for BOME is mainly due to retail investors entering too early, occupying positions too soon, which has left the major players with insufficient chips. Retail investors, already on board early, are unable to push the price up, leaving BOME in an awkward position.
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