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The E-book Of Meme value pumped 62% prior to now 24 hours to commerce at $0.02012 as of 1:30 a.m. EST, and it’s now soared greater than 2,000% since launch on March 14.
BOME’s newest surge got here amid information of its itemizing on Binance, the world’s greatest crypto change, on March 16, prompting hypothesis about whether or not some whales who had earlier helped push the BOME value into the stratosphere had insider information.
A recent pockets withdrew 12,721 $SOL($2.3M) from #Binance and acquired 314M $BOME at $0.0074 prior to now 30 minutes.
Does He know one thing we do not??https://t.co/cDrm9SOtOB pic.twitter.com/g6GbCbZb1L
— Lookonchain (@lookonchain) March 15, 2024
BOME is already the Seventh-largest meme coin with a market capitalization of just about $1 billion.
E-book Of Meme Worth Prediction: A Correction Looms
Taking a look at E-book Of Meme value charts, we discover a possible head and shoulders sample forming, usually a bearish reversal sample. That is supported by the Superior Oscillator (AO), which is beneath zero and seems to lower in worth, indicating that the short-term momentum is weaker than the long-term momentum, suggesting bearish stress.
However, the Common Directional Index (ADX) indicator, with a worth of 20.95, means that the development power is average. Nevertheless, its southern trajectory means that the Bullish development is changing into weaker.
30-minute BOME/USDT Chart | Supply: TradingView
The latest development change will be attributed to whales cashing out for earnings. In keeping with stats by Lookonchain, sundayfunday.sol turned $72K into $30.2M in simply 3 days.
The whale was the biggest BOME presale participant, spending 421 SOL($72K) to take part within the presale, and acquired 1.43B BOME valued at roughly $30.6M at present.
He later offered 190M BOME for 19,646 SOL($3.66M) to take earnings, leaving 1.24B BOME (26.57M).
sundayfunday.sol turned $72K into $30.2M in simply 3 days on $BOME!?
sundayfunday.sol is the biggest $BOME pre-sale participant, spending 421 $SOL($72K) to take part within the pre-sale of $BOME and acquired 1.43B $BOME($30.6M at present).
He offered 190M $BOME for 19,646 $SOL($3.66M)… pic.twitter.com/4m3spvkI72
— Lookonchain (@lookonchain) March 17, 2024
A Promising Various
Whereas the E-book Of Meme value dangers a correction, Smog (SMOG) has change into a longtime Solana meme coin star, not least as a result of it guarantees “the best Solana airdrop of all time.”
Following within the footsteps of profitable initiatives like Bonk (BONK), Dogwifhat (WIF), Myro (MYRO), and Wen (WEN), Smog goals to outdo its Solana opponents, as indicated by its slogan, ”one meme coin to rule all of them.”
Whereas no particulars of the airdrop have been launched, the challenge’s tokenomics exhibits 35% of SMOG’s token provide is reserved for such occasions.
Anybody who purchases and holds Smog tokens can take part within the airdrop. Traders can also enhance their probabilities of receiving extra free tokens by finishing the numerous missions outlined on Smog’s Zealy marketing campaign to earn airdrop factors.
The cryptocurrency’s Zealy marketing campaign has accomplished over 1.9 million missions.
I acquired $SMOG airdrop on $SOL price $5……..did you obtain it too?
Properly I offered it on $JUP and the transaction went clean after which I purchased it again once more with a bigger amount of cash ?
How $SMOG has managed to go beneath the radar over the previous one month baffles me ? pic.twitter.com/lkGO7p1a03
— Takes #IQ50 | ReformDAO (@Takes_ReformDAO) March 8, 2024
Patrons can even stake SMOG tokens to earn a dividend of 42% yearly. Already 22.4 million tokens have been staked.
Regardless of a steep correction within the meme coin sector in latest days, Smog has nonetheless surged nearly 107% in a month, and has greater than 100,000 holders.
You should purchase SMOG tokens utilizing Ethereum, USDT, or a bank card.
The very best place to purchase Smog is on the official web site right here, the place you will get a ten% low cost. However act quickly as a result of the supply isn’t prone to final for lengthy.
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