- BOME soared by $170.35 within 24 hours, standing out amidst the crypto downturn.
- BOME’s surge was fueled by a successful pre-sale, listings on major exchanges like KuCoin and Gate.io, and its introduction to Binance Futures trading.
- Binance Futures launched a perpetual contract for BOME, offering traders new opportunities.
While established cryptocurrencies faltered, BOOK OF MEME (BOME) experienced a remarkable surge, defying the prevailing downward trend.
Within a mere 48-hour window following its introduction to the trading sphere, BOME witnessed an unprecedented surge in value, catapulting by a staggering 1650%. This meteoric rise, accompanied by a substantial increase in trading volume, underscores the burgeoning momentum surrounding BOME within the market landscape.
The surge in BOME’s price can be attributed to several key factors, with the token’s pre-sale being a pivotal catalyst. Exceeding initial expectations, the pre-sale garnered overwhelming support from the Sino-British community, culminating in a significant raise of funds. Subsequently, these funds were judiciously allocated towards establishing liquidity pools, laying the groundwork for BOME’s remarkable ascent in value.
Furthermore, BOME’s listing on major cryptocurrency exchanges played a pivotal role in bolstering its price. Platforms like KuCoin, Gate.io, Crypto.com, BitMart, MEXC, and HTX swiftly integrated BOME into their trading offerings, providing users with enhanced accessibility to the token. This strategic expansion of availability further fueled market demand for BOME, contributing to its notable price surge.
Moreover, the launch of Binance Futures’ perpetual futures contract for BOME signifies a significant milestone, offering traders additional avenues for investment. Despite the inherent volatility associated with innovative projects like BOME, the introduction of new trading pairs and incentives for market makers has sparked considerable interest, further solidifying BOME’s position as a formidable player in the cryptocurrency arena.
Read also:
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
