2024

Strong

Bonk

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 <p class="paragraph">Meme cryptocurrencies are standing out in the ongoing crypto market rally, with investors hoping selected coins will emulate some of the notable gains recorded during the last bull run in 2021.</p>
 <p class="paragraph">Among the meme coins, one name is emerging on top: Book of Meme (BOME), which has seen triple-figure gains. By press time, BOME was valued at $0.0226, having <a rel="noopener noreferrer nofollow" title="surged" href="https://thebittimes.com/tag/surged.html">surged</a> by 243% at some point within the past 24 hours.&nbsp;</p>
 <p class="paragraph">Over the past seven days, the coin has recorded staggering gains of 2,500%, pushing its market cap to $1.3 billion, ranking it 88th overall. Significantly, the rally has positioned BOME as the biggest gainer in both the last 24 hours and over the past seven days.</p>
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    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="1019" height="559" src="https://cdn.thebittimes.com/images/2024/03/17/2a8ff6894db48b3b9f4cfa9095b02f3c.webp" alt class="wp-image-161625" srcset="https://cdn.thebittimes.com/images/2024/03/17/2a8ff6894db48b3b9f4cfa9095b02f3c.webp 1019w, https://cdn.thebittimes.com/images/2024/03/17/2a8ff6894db48b3b9f4cfa9095b02f3c.webp 300w, https://cdn.thebittimes.com/images/2024/03/17/2a8ff6894db48b3b9f4cfa9095b02f3c.webp 768w" sizes="(max-width: 1019px) 100vw, 1019px">
  <figcaption class="wp-element-caption"><em>BOME seven-day price chart. Source: CoinMarketCap</em>
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    <p lang="en" dir="ltr">Due to the sudden listing by Binance, MEMECOIN BOME rose sharply by 243% in 24h, but other MEMECOINs generally fell sharply, PEPE WIF FLOKI BONK fell by more than 10%. The current market value of BOME has exceeded US$1.38 billion, ranking seventh in MEMECOIN in terms of market…</p>— Wu Blockchain (@WuBlockchain) March 16, 2024
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 <h2 class="wp-block-heading" id="h-bome-boosted-by-binance-listing-nbsp">BOME boosted by Binance listing&nbsp;</h2>
 <p class="paragraph">The gains by BOME come after the world’s largest crypto exchange, Binance, <a rel="noopener noreferrer nofollow" title="listed" href="https://thebittimes.com/tag/listed.html">listed</a> the token on its futures market with up to 50x leverage. The announcement noted that the move to welcome BOME aimed “to expand the list of trading choices offered on Binance Futures and enhance users’ trading experience.”&nbsp;</p>
 <p class="paragraph">Additionally, the coin gained confidence from Bybit, which also <a rel="noopener noreferrer nofollow" title="listed" href="https://thebittimes.com/tag/listed.html">listed</a> the meme coin.</p>
 <p class="paragraph">Worth noting is that, the hype surrounding BOME is reminiscent of what was experienced by other Solana (SOL)-based meme coins, such as Bonk (BONK), which rallied significantly at their launch. Interestingly, at the current market cap, BOME is closing in on other competitors such as Bonk.&nbsp;</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="882" height="594" src="https://cdn.thebittimes.com/images/2024/03/17/bbcccb743ca4cba057e853288a96fef8.webp" alt class="wp-image-161626" srcset="https://cdn.thebittimes.com/images/2024/03/17/bbcccb743ca4cba057e853288a96fef8.webp 882w, https://cdn.thebittimes.com/images/2024/03/17/bbcccb743ca4cba057e853288a96fef8.webp 300w, https://cdn.thebittimes.com/images/2024/03/17/bbcccb743ca4cba057e853288a96fef8.webp 768w" sizes="(max-width: 882px) 100vw, 882px">
  <figcaption class="wp-element-caption"><em>Top meme cryptocurrencies by market cap. Source: CoinMarketCap</em>
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 <p class="paragraph">Although BOME has received support from notable exchanges, the coin’s rally mirrors the pattern observed by meme coins in general where they record parabolic rallies at their launch.&nbsp;</p>
 <p class="paragraph">At the moment, BOME’s trajectory has seen hype supersede all fundamentals. This phase is likely to fade off, as seen historically.</p>
 <p class="paragraph">Looking ahead, BOME will be tested regarding its ability to sustain the current gains. However, its prospects will rely on how the overall market moves.&nbsp;</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em>&nbsp;The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/new-meme-coin-listed-by-binance-surged-over-200-today-tbt82726.html">https://thebittimes.com/new-meme-coin-listed-by-binance-surged-over-200-today-tbt82726.html</a></p>

New meme coin listed by Binance surged over 200% today

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