BOME (Book of Meme) Altcoin Analysis
Overview:
Book of Meme (BOME) is a meme token based on the Solana (SOL) blockchain. The project, which aims to be a hub for internet memes, gained great popularity in a short time and became one of the best meme tokens.
Technical analysis:
Price: As of June 21, 2024, BOME price is 0.00030 USD and 0.00989 TRY.
Market Value: 17.78 billion TRY
24-Hour Transaction Volume: 9,002.52105 USDT
Circulating Supply: 55,199,727,655 BOME
Recent developments:
BOME reached its lowest price on April 12, 2024 at 0.007118 USDT.
In the last 24 hours BOME price fell by -7.22%.
Ascending Triangle formation is observed for BOME/USDT parity.
Fib 0.618 target zone is calculated as 0.00092 USD.
Analysis and Comments:
Although BOME has been in a downtrend lately, some analysts think that the Ascending Triangle pattern could be a bullish signal. If this formation is broken, it is predicted that BOME may rise to 0.00092 USD.
However, it is important to remember that meme coins are highly volatile and subject to sudden price fluctuations. Therefore, it is important that you do detailed research and consider the risks before investing in BOME.
Investment Advice:
BOME is an investment with high risk and high reward potential. Make sure you are knowledgeable about the cryptocurrency markets and consider your risk tolerance before investing.
