Why Is BOOK OF MEME (BOME) Price Going Up Today?

CoinMarketCap10-24

The price of BOOK OF MEME (BOME) has experienced an increase of over 8% in the past 24 hours. This surge could be attributed to the rising price of Solana, which is currently witnessing a steady ...

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This surge could be attributed to the rising price of Solana, which is currently witnessing a steady ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/671a2647092cc35695b3a57b/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is BOOK OF MEME (BOME) Price Going Up Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is BOOK OF MEME (BOME) Price Going Up Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-24 18:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/671a2647092cc35695b3a57b/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of BOOK OF MEME (BOME) has experienced an increase of over 8% in the past 24 hours. This surge could be attributed to the rising price of Solana, which is currently witnessing a steady ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/671a2647092cc35695b3a57b/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MEME","symbol_name":"ROUNDHILL MEME ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/671a2647092cc35695b3a57b/","article_id":"2477683977","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/2637f8bf8c014566b990079fce1352b5.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477683977","pubTimestamp":1729766982,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"The price of BOOK OF MEME  has experienced an increase of over 8% in the past 24 hours. This surge could be attributed to the rising price of Solana, which is currently witnessing a steady upward trend.The positive momentum in Solana appears to be influencing some tokens within teh SOL ecosystem, including BOME.BOME Price Continuation Following Breakout from Descending Channel. The most significant aspect of BOME’s recent price movement is the breakout from a descending trendline that had been established from the highs recorded in June. This breakthrough typically signals a potential transition from a bearish to a bullish trend. As the downward pressure eases, renewed buying interest has emerged.The chart also highlights a shaded gray area representing a previous support level that had turned into resistance. Following the trendline breakout, BOME has successfully reclaimed this crucial level, converting it back into support. This reclaim suggests bullish momentum, indicating that buy","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MEME":"ROUNDHILL MEME ETF"},"translate_title":"为什么今天迷因之书(BOME)价格上涨？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MEME":1},"content_text":"The price of BOOK OF MEME (BOME) has experienced an increase of over 8% in the past 24 hours. This surge could be attributed to the rising price of Solana, which is currently witnessing a steady upward trend.\nThe positive momentum in Solana appears to be influencing some tokens within teh SOL ecosystem, including BOME.\nBOME Price Continuation Following Breakout from Descending Channel \nA closer examination of the technical indicators reveals additional reasons for BOME’s bullish momentum.\nThe most significant aspect of BOME’s recent price movement is the breakout from a descending trendline that had been established from the highs recorded in June. This breakthrough typically signals a potential transition from a bearish to a bullish trend. As the downward pressure eases, renewed buying interest has emerged.\nRead Also: How Much Will $10,000 Kaspa (KAS) Tokens Be Worth at the Peak of the Bull Run?\n\n\nThe chart also highlights a shaded gray area representing a previous support level that had turned into resistance. Following the trendline breakout, BOME has successfully reclaimed this crucial level, converting it back into support. This reclaim suggests bullish momentum, indicating that buyers are willing to engage at higher price levels.\nThe 50-day simple moving average (SMA), depicted by a blue line, is currently trending below the price, serving as a support level. BOME has consistently remained above this moving average, reinforcing the prevailing bullish sentiment.\nAdditionally, the 200-day SMA, represented by a yellow line, is positioned near current price levels. BOME’s recent crossover above this indicator is another bullish signal, suggesting a potential trend reversal if maintained.\nRead Also: Dogecoin Price Hits ‘Final Bottom’: Technical Analysis Suggests DOGE Could Surpass $10 This Cycle\n\n\n\n   Celebrate Dogecoin and Make Big Gains with Doge2014!\n  \n\n\n\n\nDoge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop! Show more +Show less –\n\n\n\n\nThe recent price action reflects strong upward momentum over the past few days, with BOME closing above both the moving averages and previous resistance levels. This price pump may be attributed to sustained buying interest following these technical breakouts, indicating that buyers are firmly in control.\nFollowing the breakout from the trendline and the successful reclaim of the support zone, BOME has shown stability in its consolidation above these key levels. This consolidation implies further upside potential, contributing to the bullish continuation observed today.\nRising On-Chain Metrics\nIn addition to the technical factors, on-chain metrics also point towards a positive trend for BOME. Observations Crypto Catz indicates a shift of on-chain funds from fast-moving new meme coins to more robust, high-potential tokens with larger holder bases.\n\n\nBOME has seen consistent net inflows over the past 24 hours, accompanied by a surge in trading volume. Analysts are suggesting that a breakout is imminent, particularly as the price approaches the $0.0115 mark.\nIn summary, the recent price increase of BOME can be attributed to a combination of technical breakouts, reclaiming key support levels, and favorable on-chain metrics. These factors suggest that BOME may have entered a bullish phase, attracting increased interest from buyers.\nFollow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.\n\n\n\n \n\n\n We recommend eToro \nDon’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more\n\n\n\n Visit eToro Now \n\n\n\n Active user community and social features like news feeds, chats for specific coins available for trading.  Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.  Copy trading: allows users to copy the trades of leading traders, for free.  User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.\n    \n\n\n\n\nThe post Why Is BOOK OF MEME (BOME) Price Going Up Today? appeared first on CaptainAltcoin.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477683977"}