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- BOOK OF MEME (BOME) price surged 1,180% over the last week drawing the attention of a majority of crypto investors.
- However, the past few days have seen the Solana-based meme coin drop drastically to $0.01159 at press time.
- At the same time, Kangamoon’s $KANG presale is gaining momentum after entering stage 4.
Amidst the frenzied excitement surrounding the Kangamoon project’s presale, the Solana-based meme coin, BOOK OF MEME (BOME), finds itself at the centre of attention once again.
Recent developments in the BOME market have sparked intense speculation among investors, leading to discussions about its future trajectory.
Let’s delve into the latest updates and predictions for BOME’s price as the Kangamoon presale gains momentum.
BOOK OF MEME (BOME) plunge after huge gains
After a 1,180% price surge following its listing on Binance, BOME has experienced a significant price drop over the past few days, sending shockwaves through the crypto community.
The catalyst behind this sudden downturn was the sell-off of 340 million BOME tokens by the top holder address, Sundayfunday.sol. This massive sell-off resulted in a profit of $3.62 million and triggered a 47% decrease in BOME’s value within 24 hours.
The sell-offs were conducted in seven instalments by Sundayfunday.sol caused BOME’s price to plummet, leaving investors concerned about the coin’s stability and future prospects.
BOOK OF MEME price prediction
Despite the recent price drop, analysts and experts are divided on their predictions for BOME’s future price trajectory. While some forecasters remain optimistic about its potential for recovery, others are more cautious, citing ongoing market volatility and uncertainty.
DigitalCoinPrice predicts BOME to reach $0.0229 by the end of 2024, while PricePrediction.net expects it to hover around $0.0183.
Coin Edition’s projection is slightly lower, estimating BOME to close the year at $0.018.
These predictions underscore the uncertainty surrounding BOME’s price outlook and highlight the need for investors to exercise caution and conduct thorough research before making investment decisions.
Kangamoon’s ongoing token presale
Amidst the turbulence in the BOME market, the Kangamoon project continues to gather steam with its ongoing $KANG token presale.
In a nutshell, Kangamoon aims to revolutionize the meme coin landscape by integrating SocialFi and Play-To-Earn elements, creating a dynamic and engaging ecosystem for users. The presale has garnered significant attention, with investors eagerly participating in the early stages of the token sale.
So far, the $KANG presale has raised substantial funds, with $2,157,154.325 already collected.
The current price of the $KANG token stands at $0.014, offering investors an opportunity to acquire tokens at an attractive rate.
As the presale progresses to the next stage, anticipation mounts among the community, with expectations of increased participation and support for the Kangamoon project.
Conclusion
The BOOK OF MEME (BOME) price prediction remains a topic of intense debate and speculation as the Kangamoon presale gains momentum.
While recent developments have cast a shadow over BOME’s price stability, the project’s potential for growth and innovation cannot be overlooked. But as BOME suffers from market volatility, Kangamoon’s presale seems to be attracting the attention of investors with its quickly selling-out presale.
This article first appeared at CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison
