Bittime - Book of Meme (BOME), a new meme coin on the Solana network, immediately skyrocketed after launching on Binance. But amidst this noise, there are concerns from the crypto community about alleged “insider trading” that may involve Binance. So, what is the price prediction for Book of Meme (BOME)? Let's discuss it together.
Binance itself has quickly provided an official statement, saying that their internal investigation found no connection between the accused party and Binance.
Additionally, some are questioning Binance's decision to onboard BOME just 3 days after its initial launch. This sparked further questions in the crypto community. Book of Meme itself has not provided an official response.
What is a Book of Memes (BOME)?
BOME is a new meme coin on the Solana network. The creator is Darkfarms, a famous crypto artist. BOME's main goal is to build a permanent storage library for meme coins.
In short, BOME wants to be a hub for memes. They offer tools for creating memes and access to a meme library, all using blockchain for ownership and distribution.
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Book of Meme (BOME) Price Prediction
Keep in mind that price predictions, especially for volatile assets like crypto, are often inaccurate. Long-term predictions are usually made using algorithms and can change at any time.
- 2024: The estimated price of BOME at the end of 2024 is between $0.018 (Rp. 280) to $0.0229 (Rp. 360).
- 2025: The estimated price of BOME at the end of 2025 is between $0.0253 (Rp. 390) to $0.10 (Rp. 1,500).
- 2030: The estimated price of BOME in 2030 is between $0.0781 (Rp. 1,200) to $0.1831 (Rp. 2,800).
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Book of Meme (BOME) Price Prediction by Gemini (as of March 20, 2024)
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Next 3 months: $0,038 (Rp 600) - Influencing factors:
- News and positive developments about the Book of Meme project or the meme coin market in general.
- High trading activity indicates high interest and has the potential to push prices up.
- Overall crypto market trends can also influence the price of BOME.
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Next 6 months: $0.035 (Rp 550) - Influencing factors:
- Overall crypto market conditions have a huge impact on meme coin prices. A bullish (rising) market can push BOME up, while a bearish (down) market can cause prices to fall.
- Project development and updates about the development and adoption of the Book of Meme project can affect the price.
- Community hype - Meme coins often rely on strong community support. Positive trends and chatter on social media about BOME could increase its price.
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Next 5 years: $0.40 (Rp 6,200) - Influencing factors:
- Overall crypto market trends - A rapidly growing crypto market is likely to benefit BOME.
- Project development and adoption - If Book of Meme gets real use cases and a strong community, the price could rise.
- Government regulation - Government regulation of cryptocurrencies can create uncertainty and impact prices.
Book of Meme (BOME) Price History
- BOME was launched at $0.0009373 (Rp. 14) on March 14, 2024.
- The highest price of BOME so far is $0.02639 (Rp. 415) on March 16, 2024.
- Currently, the price of BOME is around $0.0119 (Rp. 186).
- The total BOME in circulation is currently around 55 billion, with a total supply of 69 billion.
How the Book of Memes (BOME) Works
Book of Meme (BOME) aspires to revolutionize decentralized social media. They plan to integrate each meme into a blockchain, which is essentially a distributed, public digital record.
This is done using cutting-edge platforms such as IPFS (InterPlanetary File System) and Arweave.
By integrating memes into the blockchain, BOME transforms into a vast digital archive. These archives are seamlessly connected via token metadata, which is additional information attached to the BOME token.
In this way, BOME aims to ensure every meme shared is permanent and easily accessible.
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In simple terms, think of BOME as a giant digital library for memes. Every meme added to BOME will be recorded on the blockchain, using the same technology as cryptocurrencies.
This means the memes cannot be deleted or changed, and anyone can access them at any time. The token metadata accompanying a meme can contain information such as creation date, creator, and perhaps even relevant categories or tags.
Other Factors Affecting BOME Prices
Apart from the factors mentioned above, there are several other factors that can influence the price of BOME:
- Public sentiment: Public sentiment towards meme coins and cryptocurrencies in general can influence the demand and price of BOME.
- Social media activity: Hype and buzz on social media about BOME can increase awareness and interest, which can drive prices up.
- Adoption by traders and platforms: If BOME is adopted by more traders and platforms, this will increase demand and may push the price up.
- Competition: There are many other meme coins on the market, and competition from these coins can affect the price of BOME.
Conclusion
BOME prices are difficult to predict with certainty. There are many factors that can influence prices, and these factors can change quickly. Investors should do their own research before deciding to invest in BOME.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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$BOME Makes This Trader Make Lots of Money, Here's the Story!
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BOME Price Skyrocketed 20x in a Short Time, Here's the Reason
Why do BOME prices continue to soar? This is the Secret Behind His Rise!
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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