- Whatever the promoting strain, the one-hour evaluation confirmed that BOME might attain $0.035 in 2024.
- Whereas the value of BOME might fall between 2027 and 2028, it might rise to $0.40 by 2029.
- In 2030, the worth of BOME might return to $0.15, however by 2050 it might attain $1.
If somebody informed you {that a} meme coin would launch and attain a market cap of $1 billion in lower than 48 hours, you would possibly say it is unimaginable. However nothing is unimaginable within the wild crypto world as a result of this was the story of BOOK OF MEMES (BOME).
BOME took the crypto market by storm when it was least anticipated. Though the hype has died down a bit, that does not imply the undertaking is over. On this article, Coin Version explains what the undertaking is and worth predictions from 2024 to 2050.
BOOK OF MEMES (BOME) Market overview
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What’s the BOOK OF MEMES (BOME)?
BOOK OF MEMES is an experiential meme coin constructed on the Solana blockchain. Along with being a meme coin, the builders of the undertaking launched BOME to redefine web3 tradition within the ecosystem, as they did with Pepe (PEPE), which was launched on the Ethereum blockchain.
One more reason why BOME got here into the limelight was to innovate the degen of crypto buying and selling by offering a brand new decentralized social media methodology that might make meme cash unbeatable.
BOME Present market state of affairs
The BOME worth on the time of writing was $0.0160. This worth represented a lower of 19.79% within the final 24 hours. However earlier than the latest downturn, BOME had an unimaginable run up. Inside the first 48 hours of launch, the market capitalization reached $1.25 billion.
This helped the undertaking bounce into the highest 100. Nevertheless, the market cap fell to $890.32 million at press time. Because of this, BOOK OF MEMES was ranked a hundred and tenth. As well as, BOME has a complete provide of 68.99 billion tokens, of which 55.19 had been in circulation.
Regardless of getting into the market a number of days in the past, BOME is listed on Bybit, Binance, Bitget, LBank and another tier-1 and tier-2 exchanges.
BOOK OF MEMES (BOME) Worth Evaluation
BOME’s worth motion since launch has made it the most effective performers since early 2024. Though the bullish momentum has receded, it’s nonetheless necessary to evaluate future worth potential. On this installment, Coin Version evaluates how the meme coin might carry out earlier than the top of 2024. We additionally have a look at a worth prediction from 2025 to 2050. Study extra.
BOOK OF MEMES (BOME) – Bollinger Bands
Between March 15 and 16, Bollinger Bands (BB) confirmed excessive volatility on the BOME/USDT 1-hour chart. Because of this excessive volatility, the value might prolong to $0.026.
Nevertheless, on the time of writing, the bands have pulled again, indicating that the token is not so unstable. Within the quick time period, the shortage of excessive volatility might drive BOME to stay in a decent buying and selling vary of $0.15 and $0.19.
BOOK OF MEMES (BOME) – Relative Energy Index
On the time of writing, the RSI has fallen to 39.94 on the 1-hour timeframe. This RSI studying was proof of the bearish shopping for strain that BOME was initially experiencing. Moreover, if the RSI hits the oversold space, the value might drop from $0.15.
On the identical time, if BOME is oversold, there could also be a restoration. If that had been the case, the token worth might retest $0.28 assuming strong bullish momentum returns.
BOOK OF MEMES (BOME) – Transferring Common Convergence Divergence
In line with Coin Version evaluation, the transferring common of convergence (MACD) dropped to -0.000217. Adverse MACD readings present that the shorter EMA (blue) has diverged beneath the longer EMA (orange).
Because of this, the downward momentum of BOME elevated. If the momentum continues to say no, the value of BOME might additionally comply with swimsuit and a drop to $0.012 might be a risk within the quick time period.
BOOK OF MEMES (BOME) Worth Prediction 2024
The Cash Move Index (MFI) fell to 31.50 on the 1-hour time horizon. This decline was proof of a large outflow of capital from the BOME market.
Falling capital outflows counsel that the value of BOME might proceed to say no. However, BOME will be oversold if MFI reaches or falls beneath 20.00. If that had been the case, the value of BOME might rise once more.
Like MFI, On Stability Quantity (OBV) additionally fell, indicating that promoting strain was intense. In 2024, the value of BOME might drop as little as $0.010 in some unspecified time in the future. Nevertheless, the facility of the meme coin neighborhood has the power to revive the value motion in the direction of $0.050 later.
THE BOOK OF MEMES (BOME) – Ranges of Resilience and Assist
BOME had underlying help at $0.011, suggesting that bulls might defend this space if the value continues to say no. At present, the value of the token might drop beneath $0.012 contemplating the pace at which merchants have been liquidating their holdings.
Nevertheless, the $0.011 help can function a great entry level for many who missed the earlier rally. But when BOME begins to rise once more, it might face additional resistance at $0.018. A profitable shut of this resistance might take BOME above $0.020.
If the bulls attempt to push the value in the direction of $0.030, the important thing resistance at $0.022 might act as a stumbling block. If profitable, the value of BOME might bounce to $0.035. Nevertheless, a failed try might ship the token again to $0.018.
BOOK OF MEMES (BOME) Worth Prediction 2025
In 2025, the value of BOME might attain unimaginable heights. Nevertheless, this will depend upon the loyalty of his neighborhood. If the meme coin regains the liquidity it had when it was initially launched, then the value might rise in the direction of $0.10 in 2025.
BOOK OF MEMES (BOME) Worth Prediction 2026
2026 may additionally be a bullish yr for BOME. However earlier than this yr, many market individuals might have made income. At one level, the value of the token might drop to $0.015. Nevertheless, a rally in the direction of $0.20 appears attainable.
BOOK OF MEMES (BOME) Worth Prediction 2027
The BOME worth prediction for 2027 will not be as bullish as 2024 and 2025. It is because the crypto market might be in a bearish cycle at the moment. Due to this fact, the market might lack capital. For 2027, the value of BOME might be as excessive as $0.010.
BOOK OF MEMES (BOME) Worth Prediction 2028
In 2028, the value of BOME might get well from the low it might have skilled in 2027. If so, the value of the cryptocurrency might bounce to $0.025.
BOOK OF MEMES (BOME) Worth Prediction 2029
BOME’s prediction for 2029 might be good for token holders. Within the aforementioned yr, the meme coin sector of the crypto market might develop significantly. Due to this fact, the worth of a token like BOME can go as much as $0.40.
BOOK OF MEMES (BOME) Worth Prediction 2030
In 2030, BOME’s worth prediction would depend upon its market relevance. There’s a risk that one other memecoin has taken over the web3 tradition. If that had been the case, the value of BOME might drop to $0.15.
BOOK OF MEMES (BOME) Worth Prediction 2040
2040 is a very long time from now and it might be tough to foretell what would possibly occur to BOME by then. However as issues stand, BOME might attain a most worth of $0.60 by 2040.
Minimal worth | Common worth | Most worth |
$0.25 | $0.37 | $0.60 |
BOOK OF MEMES (BOME) Worth Prediction 2050
BOME might proceed its progress in 2050. If so and it stays unhindered by bearish energy, the value might assault the celebrated $1 by 2050.
Minimal worth | Common worth | Most worth |
$0.40 | $0.75 | $1 |
Conclusion
To conclude this part, it may be seen that the meme coin tradition on Solana will not be going away anytime quickly. BOME can even grow to be related within the crypto market for a very long time. Regardless of the potential, you should not bounce into cryptocurrency blindly, as doing your individual analysis might help you make knowledgeable choices.
Ceaselessly requested questions
WIF is a meme coin constructed on Solana. As a meme coin that depicts a canine carrying a pink hat, the undertaking has no recognized utility, however has a powerful neighborhood that has made it the most effective meme cash of 2024.
You should purchase BOME by exchanging SOL for token on decentralized exchanges like Orca and Raydium. You even have the choice to buy the token on centralized exchanges together with Binance, Bybit and Bitget.
BOME generally is a good funding. However you must do your analysis as a result of it’s a meme coin. If extra market individuals purchase the token, the value can shoot up. Nevertheless, a decline within the variety of holders can scale back the worth.
BOME’s all-time excessive was $0.030. It achieved this worth on March 16 – someday after its launch.
WIF can undoubtedly hit $10 quickly. As a meme coin that minted new millionaires in 2024, the potential for it to hit 3x would not appear unimaginable. As such, the value of WIF might attain $10 by the top of 2024.
The utmost provide of BOME is 68.99 billion tokens.
BOME has the potential to beat its present ATH. After hitting $0.030 on March 16, many BOME holders took income. Nevertheless, the value discount could also be one other alternative to purchase BOME at a reduction earlier than the worth rises above the present ATH.
The bottom worth of BOME was $0.000937 on March fifteenth.
BOOK OF MEMES was based by DarkFarms, the identical creator of PEP.
BOME was launched in March 2024.
You’ll be able to deposit BOME on any of the exchanges that provide its spot buying and selling. Nevertheless, in the event you choose to maintain it in a rogue pockets, you possibly can maintain your tokens on Solana-based wallets.
Given the present hype surrounding the meme coin, its worth might attain $0.035 by December 2024.
The value of BOME might go as much as $0.10 in 2025.
An prolonged enhance to $0.20 often is the worth forecast for BOME in 2026.
In 2027, the BOME award might be reversed. Within the course of, it might drop again to $0.010.
BOME worth might begin to get well by 2028 and this time it might attain $0.025
By 2026, the value of BOME might be $0.40
The value of BOME in 2023 could also be $0.15 – a attainable decline from its worth in 2029.
Based mostly on evaluation and market circumstances, BOME worth might attain $0.60 in 2040.
2050 might be a giant yr for BOME because it might climb to the $1 milestone.
Disclaimer: The data supplied on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any form. Coin Version shall not be chargeable for any losses incurred on account of using stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.