Book of Meme is an innovative cryptocurrency designed to leverage the power of internet culture and community engagement. By focusing on memes, it aims to create a unique economic ecosystem where creativity and humor drive value. The project's community-centric approach encourages participation and collaboration, making it a standout in the crowded crypto landscape.
BOOK OF MEME (BOME) has become a noteworthy entrant in the crypto space. As a meme-based cryptocurrency, BOME captures the social nature of blockchain with a twist of humor. The coin stands out amongst its peers, carving its niche driven by community and innovation.
The journey of BOOK OF MEME has been quite a rollercoaster ride. The coin reached its all-time high of $0.02688878 on March 16, 2024, following its launch, with early adopters seeing substantial gains. However, like many meme coins, BOME experienced significant volatility, dropping approximately 63% from its ATH.
Interestingly, the coin's all-time low was recorded just two days prior to its ATH on March 14, 2024, which speaks volumes about its rapid rise in popularity and speculative trading behavior. This volatility can be attributed to the speculative nature and community-driven factors that often influence meme coins.
One of the main advantages of BOME is its vibrant and engaged community. The coin’s social aspect encourages collaborative efforts, fostering a strong online presence which remains crucial for its growth. This engagement is often reflected in the coin's rapid price surges and adoption among meme enthusiasts.
Furthermore, the complete circulation of its supply contributes to transparency and predictability in inflation, unlike many other coins that still have pending supply releases. This aligns with the cryptocurrency's decentralized ethos.
However, BOOK OF MEME is not without its challenges. The primary disadvantage lies in its high volatility, which poses a risk to investors who might face significant losses during downturns. Moreover, the reliance on meme culture means that changes in social sentiment can dramatically impact its price.
Another concern is the sustainability of its growth. Like many meme coins, if BOME's hype diminishes, its value could significantly drop, making long-term investment risky. The speculative aspect, while a catalyst for rapid gains, also results in equal exposure to steep declines.
As of the latest update, BOME's price stands at $0.00985791, with a market cap approaching $679 million. It witnessed a 11% increase in the past 24 hours, showcasing its dynamic yet volatile nature.
Looking ahead, the future of BOOK OF MEME largely depends on maintaining community interest and expanding utility beyond being just a meme coin. Strategic partnerships, technological advancements, and real-world applications might propel BOME toward more sustainable growth.
Nonetheless, potential investors should brace for volatility and consider investing based on the coin's inherent community value rather than solely on speculative price increases.
BOOK OF MEME encapsulates the whimsical yet speculative allure of meme cryptocurrencies. While it offers a unique community-oriented approach in the crypto market, prospective investors must remain cautious due to its inherent risks. Its future will largely depend on maintaining relevance within the ever-evolving crypto landscape.
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General Information |
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Title
BOOK OF MEME
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Symbol
bome
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Whitepaper
-
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Website
-
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Community
-
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Last Updated
2025-01-21 23:51
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Price Data |
Current Price $
0.00413428
$
|
High 24h
0.00425915
$
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Low 24h
0.00379407
$
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Price Change 24h
0.0001072
$
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Price Change % 24h
2.66195
%
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Market Data |
Market Cap
285404762
|
Total Volume
150377589
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Market Cap Change 24h
3630766
|
Market Cap Change % 24h
1.28854
%
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Return on Investment (ROI)
-
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Supply and Availability |
Circulating Supply
68999659569
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Total Supply
68999659569
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Max Supply
68999659569
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Historical Data |
All Time High (ATH)
0.02688878
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ATH Change %
-84.61584
%
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ATH Date
2024-03-16 13:51
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All Time Low (ATL)
5.848E-5
|
ATL Change %
6973.24248
%
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ATL Date
2024-03-14 10:17
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