Is BOME The Next Meme-Gem? Let's Decode

Is BOME The Next Meme-Gem? Let's Decode

In the top three list, BOME hangs second with a 21.70% surge in the past week; it holds 89th rank in terms of market cap. It has an enormous potential for the next meme to be crowned as the ace of the memes.

It has a surprisingly huge market cap of $761.988 Million and an unprecedented volume inflow on the spot, which amounted to $398.003 Million, over significant trading platforms in 24 hours.

Its liquidity is sub-par and mindblowing at 52.22%, per the volume-to-market cap ratio of 24 hours.

The technical indicators on the daily chart suggest bullish momentum to persist in the upcoming sessions ahead; in the past 24 hours, the price advanced 9% on the daily chart. The BOME price structure has started to rise following an upward trendline.

Therefore, resistance is at $0.0140 and $0.0160, respectively. However, the support for the flip scenario is at $0.0096 and $0.0080, respectively.
Chart PatternsTechnical IndicatorsTrend Analysis

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