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BOOK OF MEME / TETHER

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BOMEUSDT trade ideas

BOME MEME COIN CRYPTO SWING LONG - Bome is a new crypto theme and these meme coins work in a theme only theme new names new hype new money infusion - From meme coins, your only goal should be to maximize as much as possible and not get in love with it or keep it in your portfolio forever - Have a small allocation of 5-10% on your overall portfolio and forget it - Bome is looking good for a swing long you can watch this base out and think about adding this as a positional or swing long - Keep your risk as low as possible and do not breach your risk on the trade
Long
by VKtradesimbalance
$BOME- WHAT's THE PLANSo i am doing some private research on Meme tokens to ascertain their impact on a bullish/bearish market in comparison to utility tokens looking at factors like trader's psychology, institutional interest/adoption, regulations/country restrictions to trading crypto assets I needed a newly launched and well popularised meme token ..then BOME came along. Studying the price pattern in relative to investors interest( trader's psychology) One common trait with the most popular meme tokens with above 500M Mcap is that they always tend to loose more than 100% of their value after the 1st phase euphoria and pick back up to do this crazy numbers. So what fuels this second euphoria? the 1st- excitement, FUD, greed,etc but the 2nd...what? Like it desnt make much sense seeing a token with literally low to zero utility loosing almost 100% of its value and then investors jump in after watching the price crash to nothing.. It happened with Doge, shib, meme, Floki, bonk, wen.. currently watching ECONOMICS:BOME follow same pattern. Now the surprising part is that for an utility token, if they actually follows the same pattern, the recovery will be so difficult? In fact most times an utility token shed off 100% of its launch price,they rarely survive...it is usually 1 in a million chances. It makes me wonder if we are all really mad trading this assets ?? LOL!!
by Syl-Crypt
The BOME crypto looks like it is set for a colossal surgeThe volume analysis shows that the BOME cryptocurrency has received $5.19 Billion in volume, on March 17th 2024. The price vs Volume charts describe a hefty surge in volume on 17th, along with the price rise. But, the price failed to climb higher and price started to plunge along with the volume. The current volume of BOME is 1.7 Billion, and the price is at $0.0122, this data shows that the volume is seamlessly declining and has came to a point where it is showing sustenance sign. BOME price Action Analysis Over Daily Time Frame However, the crypto has revealed a sign of recovery as the price rallied from a crucial level of around $0.010 on the chart. The BOME crypto looks like it is set for a colossal surge, as it gears up to crack the hurdle price levels above and could rocket to new peaks from the current support zone. The Book of Meme crypto is experiencing a surge of 20.65% in the last 24 hours intraday session, and currently trading at $0.0122. Therefore, if the demand for the BOME surges the asset price could bounce back from the current level. The next goal for the price is to reach $0.0300 and primary resistance would be $0.0200. However, if the crypto price fails to stay above the $0.0100 level, it could decline further and reach lower levels.
Long
by Sam_TCR