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What Is the BOOK OF MEME price prediction today
AT A GLANCE
- In 2024, BOOK OF MEME price is expected to reach $0.01627017931528281, according to some experts
- 2025 promises to be turbulent, with prices ranging from $0.002701578281828676 to $0.010197258509229368, with TradingBeast predicting a breakthrough leading to a price rise to $0.010197258509229368
- By 2030, BOME price can hit $0.01627017931528281
BOOK OF MEME fundamental analysis
The Book of Meme crypto (BOME) is an experimental project aimed at reshaping web3 culture by combining memes, decentralized storage, and the chaotic world of degen shitcoin trading and gambling. It captures the essence of meme culture within a digital library, the Book of Meme, ensuring each meme is forever stored on the blockchain.
Launched on March 10, 2024, the project quickly made waves in the crypto space, with BOME, its native token, surging by 3,000% shortly after launch. The BOME meme coin operates on the Solana blockchain, while the project also leverages Arweave and IPFS to store memes. Plans include expanding to Bitcoin inscriptions and making memes unstoppable and immortal in the decentralized world.
Founding and purpose
BOME was created by Darkfarms, the artist behind the popular Pepe memes. His vision was to create a permanent, decentralized storage library for memes and memes. By using decentralized storage technologies like Arweave and IPFS, BOME ensures that memes are preserved on the blockchain, immune to censorship or deletion.
How does the Book of Meme work?
BOME combines blockchain and decentralized storage to create a unique platform for meme culture. Operating on Solana, a blockchain known for its speed and scalability, BOME is ideal for handling the massive influx of meme creation and sharing. Using Arweave and IPFS, the project stores memes permanently, ensuring they are unchangeable and preserved for future generations. This decentralized approach guarantees that memes will always remain online and accessible.
Governance and community engagement
The BOME coin also serves as a governance tool. Token holders can vote on key decisions that shape the future of the Book of Meme ecosystem. This community-driven governance allows users to have a direct influence on the direction of the project.
The community plays an essential role in BOME’s success. From content creation to governance participation, community members are the driving force behind the platform’s growth and sustainability. Their active engagement not only enriches the ecosystem but also helps determine future innovations.
Tokenomics and distribution
The BOME token has a total supply of 69,000,000,420 tokens, with 55.19 billion currently in circulation. Here's how the tokens are distributed:
- 50% were allocated during the presale phase, allowing early adopters to get involved.
- 30% is reserved for liquidity pools, ensuring smooth trading and adequate liquidity for buyers and sellers.
- 20% is reserved for community initiatives, with these tokens unlocking three months post-launch.
Additionally, BOME’s metadata mutability feature allows continuous updates to the token's content, keeping the project fresh and engaging over time.
NFTs and integration
BOME takes NFTs to another level by tying them to the project’s ecosystem. Users can stake Bored Ape Yacht Club (BAYC) NFTs to generate BOME tokens, creating a direct link between the BOME ecosystem and the broader NFT world. Within the BOME platform, NFTs aren’t just collectible art; they provide value and utility, forming the backbone of the token generation process. This integration ensures that the NFT market actively fosters a sustainable digital economy within the BOME ecosystem.
Future potential and roadmap
Although BOME is still a new project, it has immense potential. The vision is to evolve beyond just a meme coin and meme storage platform into a decentralized social network. Depending on community contributions and the project’s development, BOME could also expand into meme-based games and other interactive spaces.
The roadmap outlines plans to:
- Expand cross-chain capabilities, integrating more decentralized storage solutions.
- Introduce new DeFi features like staking, yield farming, and liquidity rewards to engage users further.
- Develop the NFT marketplace, introducing exclusive meme-themed NFT collections.
- Foster partnerships with meme-driven communities, crypto influencers, and platforms to boost visibility and utility.
Where to Buy BOME
BOME is listed on several major crypto exchanges, making it easy to buy and trade. You can purchase BOME on platforms like:
- Binance
- Raydium
- ByBit
- Gate.io
- HTX
- KuCoin
- MEXC
- Bitget
- Crypto.com
What’s next for Book of Meme?
The future of the Book of Meme is still unfolding, but the project has already gained significant attention. With its focus on memes, decentralized storage, and community governance, BOME is well-positioned to grow into a larger, more established project. As the platform continues to engage its community and explore new utility options, it could evolve into a key player in both the crypto and meme spaces.
BOOK OF MEME live price chart
The BOME token price skyrocketed right after the launch, but as the hype calmed, the value of the Book of Meme native token was also corrected. At the beginning of April, the BOME price was at around $0.014, but after April 10 it declined, and by the middle of the month was trading just for $0.0083. For the next 2 weeks, it was bouncing between $0.011 and $0.0083.
During May the BOME price chart was growing. First at a moderate pace, reaching $0.013 by the middle of the month and then a bit faster, and by the end of May to swap BOME traders paid already $0.015. The price chart then was corrected to around $0.012, where it stayed for another week, before dropping to $0.0096 by June 13. For another few days, the price chart stayed stable and then continued declining. On June 19 to buy BOME traders paid $0.0085. Right after the price went up, reaching $0.0096 by July 1.
At that point, the value of the BOME token collapsed and by July 5 was at $0.0069. Till the end of the month, the value of BOME was growing in a series of ups and downs and by July 31 the BOME price chart was at $0.011.
During the first week of August, the BOME price chart experienced declining again, dropping to $0.0058. It then got corrected to $0.0072 and stayed around this level for another 2 weeks. From August 23 the value of the BOME token started growing, reaching $0.0080 by August 25. But right after this point, the BOME price went down again, dropping below the previous level and establishing a downtrend.
By September 6 the BOME price was at $0.0058, then it went up to $0.0063 and stayed trading around this level till the middle of the month. In the second half of September, the BOME value was growing at a moderate pace, reaching $0.0078 by the end of the month. From the first days of October, the BOME price chart went down, and by the time of writing on October 3 to swap BOME traders paid $0.0060.
As the crypto market is still dominated by the bears, the value of the BOME token might decline a bit more in the coming days. However, market experts foresee a change in the trend, and in the second-third weeks of October, the holders of the BOME token might see some gains.
BOOK OF MEME technical analysis
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