Book of Meme (BOME) is a Solana-based meme coin that surged in early 2024 as the bulls set the speculative meme coin market alight. One of the newest cryptos to join the $1 billion market cap club, BOME aims to advance and enshrine meme culture on the blockchain. This guide explores the price potential of the meme coin via a battle-tested Book of Meme price prediction model. From fundamentals to on-chain insights to technicals, let’s dive in.
Methodology
How did we choose the best platforms for buying and trading BOME?
BOME is a relatively new cryptocurrency. When it was listed on March 14, 2024, BeInCrypto experts immediately started testing multiple exchanges to find the best one to trade Book of Meme (BOME). From security standards to BOME-specific liquidity to more, BeInCrypto has handpicked three exchanges after testing at least 10 platforms over the weeks.
Here are the selected ones exchanges alongside a snapshop of why each is highlighted as a solid option for BOME purchases and trading.
Binance
- Three highly liquid trading pairs
- Excellent perpetual trading volume
- Easy to use
Gate.io
- Makes almost 6.5% of the global BOME volume
- Competitive fees
- Cold storage for user crypto
Bybit
- Access to both spot and perpetual futures market
- Suitable for handling high volume trades
- Supports leverage trading for most pairs
In summary, BeInCrypto chose Bybit, Gate.io, and Binance as the preferred platforms for trading and purchasing BOME based on a rigorous methodology. Firstly, these platforms were assessed for their reputation and reliability within the cryptocurrency community, considering factors such as security measures, regulatory compliance, and track record of successfully handling transactions.
Our product teams also evaluated the liquidity and trading volume of BOME on each platform to ensure optimal market access and execution efficiency for users. Thirdly, the user experience and interface of the platforms were examined to ensure accessibility and ease of use, especially for newcomers to the cryptocurrency space.
Finally, BeInCrypto took into account the range of trading tools and features offered by each platform, including order types, charting capabilities, and customer support, to provide traders with a comprehensive and satisfying trading experience. Overall, Bybit, Gate.io, and Binance emerged as the top choices for trading and buying BOME due to their combination of reliability, liquidity, user experience, and feature richness.Click here to learn more about BeInCrypto’s verification methodology.
Where to buy Book of Meme (BOME)?
This Book of Meme price prediction sets out the potential of an optimistic price path for BOME. For those intrigued by the top Solana meme coin activity, it’s always wise to have a few compatible exchanges to hand. Here are our top choices if you’re looking to trade or buy BOME before any potential future price surges. Remember that meme coins are highly volatile, and prices can dip as dramatically as they can rise.
Binance
www.binance.comBuy BOMETop pairsBOME/USDT, BOME/TRY, and BOME/FUSDPayment methodsThird-party processors and crypto transfersFees0.1%Why buy/trade BOME on Binance
• Almost 50% of BOME’s global volume
• High liquidity score of 763, per CoinMarketCap data as of March 27, 2024.
• Exposure to spot and perpetual markets
Gate.io
www.gate.ioBuy BOMETop pair(s)BOME/USDTPayment methodsCredit cards, debit cards, and bank transfersFees0.1%Why buy/ trade BOME on Gate.io
•High liquidity score
•Access to advanced trading tools
•Easy convert option
Bybit
www.bybit.comBuy BOMETop pairsBOME/USDTPayment methodsBank transfers, crypto transfers, and credit/debit cardsFees0.1% for spot trades and 0.02% for perpsWhy buy/ trade BOME on Bybit
•Exposure to both spot and perpetual markets
•Supports leveraged trading
•High spot liquidity of 509, per CoinMarketCap data as of March 27, 2024.
Also, here are the top BOME markets in case you want to look for other CEXs and DEXs to trade this Solana-powered meme coin.
Book of Meme marketsBOME price prediction and fundamental analysis
First of all, here is the MVRV, or the Market Value to Realized Value metric of BOME, which has been under one for quite some time now.
BOME MVRV: Dune AnalyticsThis shows how undervalued BOME is—a parameter that can lead to an increase in buying pressure.
Also, notice how the Unspent Realized Price Distribution (URPD) levels for BOME have been steadily moving up. Simply put, this indicates several price resistance levels, meaning that holders have acquired BOME tokens at a higher price and could sell if the price reaches their preferred highs or resistance levels.
Book of Meme price prediction and URPD: DuneFor the price of BOME to increase, the URPD towers must start going down. However, the silver lining to this analysis is that holders are buying at a higher price and planning to hold, demonstrating faith in the long-term valuation of BOME.
Also, the social chatter around BOME is increasing:
Therefore, the focus going forward should be on the MVRV levels and the number of holders to successfully track the price of the BOME token. Notice how the holders have dropped.
BOME Holder trend: DuneThis Dune dashboard can be kept in sight to notice probable price-related movements.
Book of Meme price prediction and technical analysis
BOME is a relatively new token in 2024. Therefore, we do not have a lot of actionable trading data to rely on. Keeping this in mind, it let’s first consider a short-term technical analysis to understand how the price of BOME might move in the early part of 2024.
Did you know? BOME started trading on March 14, 2024, at a starting price of $0.0009838. Within 48 hours it raked in gains worth 1650%.
Here is another take on the price prediction of BOME:
Short-term analysis of BOME
The short-term price chart looks bearish. The hidden bearish divergence, paved by the lower low formation made by the relative strength index indicator, against the price of BOME isn’t optimistic for the long positions. Also, as of March 27, 2024, BOME is currently trading inside a triangle/pennant, with the lower trendline being a vulnerable zone.
BOME short-term price prediction: TradingViewA breach past the lower trendline can push the price of BOME to an immediate low of $0.0128. However, if BOME manages to cross the upper trendline, led by bullish crypto market sentiments, it might have the legs to go as high as $0.015 in the short term.
With the short-term analysis now established, we need to look further, especially at the four-hour or even the daily chart, to locate long-term patterns.
BeInCrypto connected with popular crypto analyst Lark Davis to unpack the corrective move of BOME. Here is what Davis had to say to traders and investors:
“The meme game is getting heavily diluted, and while early success can be catalyzed into something more, the unique selling point of BOME or many other memes is not very strong. These coins will rise and fall in spectacular ways, and the long-term winners are far from certain. For meme coin traders looking to make it big, this will usually not be done on big-cap meme coins. Investors looking for outsized gains need to look for memes early on in their cycles, ideally under a 10 million market cap and newly listed.
Can BOME recover and hit new highs? Maybe, but it all depends on if it has a real community behind it or if it is just mercenary capital running from one mega pump to the next.”
Lark Davis, Founder of Wealth Mastery: BeInCrypto
Long-term analysis of BOME
As BOME is a Solana-based meme coin with hardly any historical datas set to work with, we can put it side-by-side with the four-hour price chart of dogwifhat (WIF), another meme coin making waves within the Solana ecosystem.
Notice how WIF started aggressively and went on to scale newer highs, as depicted by the four-hour chart. A breakout above the listing day high triggered new highs for this meme coin. For BOME, the level to breach would therefore be $0.029.
Now if we look to the four-hour chart of BOME, an interesting trend surfaces. Notice how the four-hour price action chart of BOME reveals a completed pattern, A-B-A1, with another pattern A1-B1-X in the process. Let us take the key price and distance moves to locate the average price moves.
| A to B | -70.18% in 2 days |
| B to A1 | 91.24% in 3 days |
| A1 to B1 | -25.93% in 2 days |
As we can see, we have only a few data points available. However, we can still locate the average price drop percentage from the above table. The average dip is 48.055%. The average price hike is at 91.24%, as it is the only point available.
Comparing WIF and BOME price action: TradingViewIf we look at the dogwifhat price prediction calculation table, the average price hike comes to 718.48%. Also, the average price drop was 59.57% for WIF. Per our BOME price level calculations, the average price dip is almost 80 odd percent of WIF. Assuming that the price hike follows the same ratio, the expected price surge percentage for BOME would be 579.59%.
“Meme coins about to fly”
Joey Hickson, CEO of Break Media: X
We will use these data points to locate the BOME price levels in 2024, 2025, and beyond.
Also, here is a key reason why Solana meme coins are surging:
Book of Meme (BOME) price prediction 2024
Outlook: Bullish
Now that we have the expected average price hike percentage from the calculations made earlier, we can expect the new high or A2 to surface at $0.085. The timeframe might increase as events like Bitcoin halving, whale wallets offloading BTC, and the expectations around the Ethereum ETFs can add to the overall volatility.
Book of Meme price prediction 2024: TradingViewBOME has already made a 2024 low of $0.010, and we expect this level to hold. Simply put, we do not expect the price of BOME to drop lower than $0.010 in 2024.
For the sake of clarity, we now shift to the daily price chart of BOME.
Projected ROI from the current level: 548%
Book of Meme (BOME) price prediction 2025
Outlook: Moderately bullish
Now that we have the expected high of 2024 or A2, the low in 2025 could be at a correction of 48.055%, from the calculations made earlier. This point, or B2, could surface by early 2025 at $0.0445. With other meme coins like Shiba Inu, Dogecoin, Dogwifhat, and Pepe breathing down BOME’s neck, the 2025 high could be restricted to under 100% — 91.24% from the table we prepared earlier.
Book of Meme price prediction 2025: TradingViewTherefore, the BOME price prediction for 2025, or rather the point A3, could form at $0.085 — similar to the 2024 high.
This shows that between 2024 and 2025, the price of BOME might be rangebound.
Projected ROI from the current level: 548%
Here is how Solana’s meme coin frenzy has impacted traders:
Book of Meme (BOME) price prediction 2030
Outlook: Bullish
Now that we have the 2025 low and 2025 high in sight, extrapolating the figures until the year 2030 is possible using the Fib retracement indicator. Even though the extrapolation might not always be linear, it does give a ballpark level to which the price of BOME can scale, provided network adoption and popularity rise.
BOME price prediction 2030: TradingViewThis extrapolation puts the 2030 high for BOME at $0.59.
Projected ROI from the current level: 4404%
Book of Meme (BOME) long-term price prediction
We have chalked out probable key price levels for BOME until 2030 in the table below. Due to the lack of data, it makes little sense to push the projections beyond that.
| Year | Maximum price of BOME | Minimum price of BOME |
| 2024 | $0.085 | $0.010 |
| 2025 | $0.085 | $0.044 |
| 2026 | $0.186 | $0.09 |
| 2027 | $0.287 | $0.19 |
| 2028 | $0.388 | $0.15 |
| 2029 | $0.489 | $0.20 |
| 2030 | $0.59 | $0.214 |
Is this Book of Meme price prediction model accurate?
This Book of Meme price prediction takes key fundamental elements and detailed technical analysis levels into consideration. While the optimism around the price of BOME is evident, traders should do their own research (DYOR) and approach this meme coin frenzy with more than a touch of caution. Meme coins are a highly volatile asset class and profits when investing are never guaranteed, regardless of optimistic future projections.
Frequently asked questions
Can the Book of Meme coin reach $1?
Based on our Book of Meme price prediction model, the price of one BOME token can reach a high of 59 cents by 2030. This level is close to the desired $1 mark. If BOME continues to be popular and keeps growing linearly, we can see a $1 price point by 2032.
Should I invest in the Book of Meme coin?
Book of Meme or BOME, like any other meme coin, should be invested in with caution. However, the price prediction levels align with the initial bullishness of the cryptocurrency market. Also, in 2024, we expect BOME to soar like other meme coins, possibly making it a good, yet high-risk, investment option.
What are the top Solana meme coins?
The top Solana meme coins around include Dogwifhat (WIF), SMOG, Sponge V2, BONK, and Book of Meme (BOME). Other options include Fronk, Dogwifcat, and Slothana. BOME and WIF have been the most popular in 2024.
What makes BOME unique?
Book of Meme of BOME isn’t an utility-less meme coin, Instead, it plans on creating a book of sorts that would amalgamate decentralized storage solutions, memes, and preserve ever evolving meme culture on the blockchain.
