The BOOK OF MEME (BOME) has notably surpassed the $1 billion market cap mark, attracting considerable attention in a volatile market. On March 17, this asset saw an impressive trading volume of $4.73 billion within a single day.
Despite active trading, BOME experienced a slight downturn of 3.25%, adjusting its price to $0.018560. With a solid market capitalization of $1.02 billion, BOME holds the #101 spot on CoinMarketCap, supported by a circulating supply of 55.2 billion coins.
Book of Meme (BOME) Price Prediction
BOME’s pivot point stands at around $0.0217 marks a significant threshold, with BOME fluctuating around critical support and resistance levels. Immediate resistance is set at $0.0250, followed by successive barriers at $0.0281 and $0.0311.
Conversely, the asset finds immediate support at $0.0177, with further cushions at $0.014413, corresponding to a 50% Fibonacci retracement, and $0.011172 at the 61.8% Fibonacci level.
A closer examination of technical indicators reveals a RSI (Relative Strength Index) of 77, signaling a potential overbought condition that could precipitate a price correction.
BOME Price PredictionThe 50-Day Exponential Moving Average (EMA) stands at $0.0203, suggesting a delicate equilibrium between bullish momentum and the threat of a downturn.
The BOME market has notably retraced to the 38.2% Fibonacci level at $0.0176, indicating a critical juncture; a conclusive dip below this level could steer the market towards the 50% or 61.8% Fibonacci levels, emphasizing the importance of the pivot point as a determinant of future movement.
Conclusively, the BOME market exudes a cautiously bullish stance, contingent upon maintaining support above the $0.0217 pivot.
Embracing the Future: Dogecoin20 Unleashed
Dogecoin20 ($DOGE20) takes the Doge legacy forward on the Ethereum network as an ERC-20 token, blending the iconic Dogecoin spirit with modern crypto features like staking for passive income. This innovative approach retains the original’s community-centric ethos while adopting Ethereum’s proof-of-stake mechanism for faster, eco-friendly transactions.
Stake Your Way to Rewards with Dogecoin20
With 15% of its total supply dedicated to staking rewards over two years, Dogecoin20 invites investors to earn passive income, offering a substantial 12.5% of the total supply as first-year rewards. This initiative not only promotes engagement but also honors Dogecoin’s “Do Only Good Everyday” philosophy.
Embrace Faster, Greener Transactions
By leveraging Ethereum’s infrastructure, Dogecoin20 ensures swift, secure transactions, emphasizing a greener alternative to traditional mining and fostering a decentralized, community-focused ecosystem.
Don’t miss out on the presale opportunity to be part of Dogecoin20’s journey. Secure your tokens now before the next price increase. Join us in embracing the future of meme coins with $DOGE20, where tradition meets innovation.
Presale Momentum: The Dogecoin20 presale is swiftly gathering pace, with $1,230,093.46 already raised towards the goal of $1,366,117. At only $0.000152 per DOGE20, it’s a chance to stake your claim in the future of meme coins.
Get DOGE20 Here
The post Book of Meme Price Prediction as BOME Reaches $1 Billion Market Cap – Time to Buy? appeared first on Cryptonews.