- Irrespective of the selling pressure, the 1-hour analysis showed that BOME can hit $0.035 in 2024.
- While the price of BOME might decrease between 2027 and 2028, it could rally to $0.40 by 2029.
- In 2030, the value of BOME could retrace to $0.15 but it could reach $1 by 2050.
If someone had told you that a meme coin would launch and in less than 48 hours, it would reach a market cap of $1 billion, you might have said it was impossible. But in the wild crypto world, impossible is nothing as this was the story of BOOK OF MEMES (BOME).
BOME took the crypto market by storm at a time when it was least expected. Although the hype has gone down a little, it does not mean that the project is out. In this article, Coin Edition explains what the project is, and the price predictions from 2024 to 2050.
BOOK OF MEMES (BOME) Real Time Market Status
| 🪙 Name | BOOK OF MEME |
| đź’± Symbol | BOME |
| 🏅 Rank | #130 |
| đź’˛ Price | $0.0126502054154 |
| đź“Š Price Change (1h) | 1.16 % |
| đź“Š Price Change (24h) | -3.04 % |
| đź“Š Price Change (7d) | 8.55 % |
| đź’µ Market Cap | $698287893.71 |
| đź’¸ Circulating Supply | 55199727655 BOME |
| đź’° Total Supply | 68999649476.1 BOME |
BOOK OF MEME (BOME) is currently trading at $0.0126502054154 and sits at number #130 on CoinMarketCap in terms of market capitalization. There are 55199727655 BOME coins currently in circulation, bringing the total market cap to $698287893.71.
Over the past 24 hours, BOOK OF MEME has decreased by 3.04%. Looking at the last week, the coin is up by 8.55%.
What is BOOK OF MEMES (BOME)?
BOOK OF MEMES is an experiential meme coin built on the Solana blockchain. Besides being a meme coin, the developers of the project launched BOME to redefine web3 culture in the ecosystem like they did with Pepe (PEPE) which was launched on the Ethereum blockchain.
Another reason BOME came into limelight was to innovate around degen trading in crypto by providing a new method of decentralized social media that would make meme coins incapable of defeat.
BOME Current Market Status
The price of BOME as of this writing was $0.0160. This value represented a 19.79% decrease in the last 24 hours. But before the recent decline, BOME had an incredible surge. Within the first 48 hours of launch, the market cap hit $1.25 billion.
This helped the project jump into the top 100. However, the market cap at press time had declined to $890.32 million. As a result, BOOK OF MEMES was number 110 on the standings. Furthermore, BOME has a total supply of 68.99 billion tokens, of which 55.19 were circulating.
Despite coming into the market a few days ago, BOME is listed on Bybit, Binance, Bitget, LBank, and some other tier-1 and tier-2 exchanges.
BOOK OF MEMES (BOME) Price Analysis
BOME’s price action since it launched has made it one of the best performers since 2024 began. Although the bullish momentum has taken a backseat, it is still important to assess the future price potential. In this section, Coin Edition evaluates how the meme coin can perform before 2024 ends. We also look at the price prediction from 2025 to 2050. Find out more.Â
BOOK OF MEMES (BOME) – Bollinger Bands
Between March 15 and 16, the Bollinger Bands (BB) displayed extreme volatility on the 1-hour BOME/USDT chart. As a result of this high volatility, the price was able to extend to $0.026.Â
However, the bands as of this writing, contracted, indicating that the token was no longer as volatile. In the short term, lack of high volatility could force BOME to remain in a tight-trading range of $0.15 and $0.19.
BOOK OF MEMES (BOME) – Relative Strength Index
At the time of writing, the RSI on the 1-hour timeframe had declined to 39.94. This RSI reading was a testament to the decreasing buying pressure BOME initially experienced. Furthermore, if the RSI hits the oversold region, the price might fall from $0.15.
At the same time, if BOME gets oversold, a recovery might happen. Should this be the case, the price of the token might retest $0.28 provided solid bullish momentum returns.
BOOK OF MEMES (BOME) – Moving Average Convergence Divergence
According to Coin Edition’s analysis, the Moving Average Convergence Divergence (MACD) had dropped to -0.000217. Negative values of the MACD indicate the shorter EMA (blue) had diverged below the longer EMA (orange).
As a result, BOME’s downward momentum was increasing. If the momentum continues to decrease, BOME’s price might also follow, and a decline to $0.012 could be an option in the short term.
BOOK OF MEMES (BOME) Price Prediction 2024
The Money Flow Index (MFI) on the 1-hour timeframe had decreased to 31.50. This decrease was a testament to the massive outflow of capital from the BOME market.
Decreasing capital outflow implies that the price of BOME might continue to nosedive. On the other hand, BOME might get oversold if the MFI hits or goes below a reading of 20.00. Should this be the case, the BOME’s price might rally again.
Like the MFI, the On Balance Volume (OBV) also fell, indicating that selling pressure was intense. In 2024, BOME’s price might drop as low as $0.010 at some point. However, the strength of the meme coin’s community has the capability to revive the price action toward $0.050 later.
BOOK OF MEMES (BOME) – Resistance and Support Levels
BOME had an underlying support at $0.011, suggesting that bulls might defend this area if the price continues to fall. As it stands, the price of the token might slide below $0.012 considering the rate at which traders were liquidating their holdings.
However, the $0.011 support can serve as a good entry point for those who missed out on the earlier rally. But if BOME starts to climb again, it could face another resistance at $0.018. A successful close of that resistance could lead BOME above $0.020.
If bulls attempt to drive the price toward $0.030, a key resistance at $0.022 could act as a stumbling block. If successful, BOME’s price might jump to $0.035. However, a failed attempt could send the token back to $0.018.
BOOK OF MEMES (BOME) Price Prediction 2025
In 2025, the price of BOME can reach incredible heights. However, this might depend on the loyalty of its community. If the meme coin regains the kind of liquidity it had when it initially launched, then the price can rally toward $0.10 in 2025.
BOOK OF MEMES (BOME) Price Prediction 2026
2026 might also be a bullish year for BOME. But in the lead-up to the year, many market participants might have taken profits. At one point, the price of the token might decline to $0.015. However, a surge in the $0.20 direction looks possible.
BOOK OF MEMES (BOME) Price Prediction 2027
BOME’s price prediction for 2027 might not be as bullish as 2024 and 2025. This is because the crypto market might be in a bear cycle by then. Therefore, the market might lack capital. For 2027 the price of BOME could be as low as $0.010.
BOOK OF MEMES (BOME) Price Prediction 2028
In 2028, BOME’s price might recover from the lows it might have experienced in 2027. If this is the case, the price of the cryptocurrency can jump to $0.025.
BOOK OF MEMES (BOME) Price Prediction 2029
BOME’s forecast for 2029 could be a good one for the token’s holders. By the aforementioned year, the meme coin sector of the crypto market might have grown extensively. Therefore, the value of a token like BOME might climb to $0.40.
BOOK OF MEMES (BOME) Price Prediction 2030
In 2030, the price prediction of BOME would depend on its relevance in the market. There is a possibility that other memecoin might have taken over the web3 culture. Should this be the case, BOME’s price might fall to $0.15.
BOOK OF MEMES (BOME) Price Prediction 2040
2040 is a long time from now and it could be difficult to predict what could happen to BOME by then. But considering the state of things, BOME can reach a maximum price of $0.60 by 2040.
| Minimum Price | Average Price | Maximum Price |
| $0.25 | $0.37 | $0.60 |
BOOK OF MEMES (BOME) Price Prediction 2050
BOME might continue its rally in 2050. Should this be the case and it remains unhindered by bearish forces, the price could hit the prestigious $1 by 2050.
| Minimum Price | Average Price | Maximum Price |
| $0.40 | $0.75 | $1 |
Conclusion
To conclude this part, one can see that the meme coin culture on Solana might not go away anytime soon. Also, BOME might become relevant in the crypto market for a long while. Despite the potential, you should not ape into the cryptocurrency blindly as doing your own research can help make informed decisions.
FAQs
WIF is a meme coin built on Solana. As a meme coin which displays a dog with a pink hat, the project does not have any known utility but it has a strong community which has made it one of the top meme coins in 2024.
You can buy BOME by swapping SOL for the token on decentralized exchanges like Orca and Raydium. Also, you have the option of buying the token on centralized exchanges including Binance, Bybit, and Bitget.
BOME can be a good investment. But you have to do your research since it is a meme coin. If more market participants buy the token, then the price might skyrocket. However, a decline in the number of holders might draw down the value.
BOME’s all-time high was $0.030. It reached this price on March 16— one day after it was launched.
WIF can definitely reach $10 soon. As a meme coin that has minted new millionaires in 2024, the potential to hit another 3x does not seem impossible for it. As such, the price of WIF could hit $10 before the end of 2024.
The maximum supply of BOME is 68.99 billion tokens.
BOME has the potential to surpass its current ATH. After reaching $0.030 on March 16, a lot of BOME holders took profits. However, the price decrease might be another opportunity to buy BOME at a discount before the value rises above its current ATH.
BOME’s lowest price was $0.000937 on March 15.
BOOK OF MEMES was founded by DarkFarms, a creator of Pepe themed art.
BOME was launched in March 2024.
You can store BOME on any of the exchanges that offer its spot trading. However, if you prefer to hold in a non-custodial wallet, you can keep your tokens on Solana-based wallets.
Considering the current hype around the meme coin, its price might hit $0.035 by December 2024.
The price of BOME can rally as high as $0.10 in 2025.
An extended increase to $0.20 might be the price prediction for BOME in 2026.
In 2027, BOME’s price might retrace. In the process, it could fall back to $0.010.
BOME’s price can begin recovering by 2028, and this time, it could hit $0.025
By 2026, the price of BOME could be $0.40
The price of BOME in 2023 might be $0.15— a possible decline from its value in 2029.
Going by the analysis and market condition, BOME’s price might hit $0.60 in 2040.
2050 might be a big year for BOME as it could climb to the $1 milestone.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Disclaimer:Â The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/book-of-memes-bome-price-prediction/