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The price of Book of Terriers has dropped by 19% in the past 24 hours and is currently trading at $0.0150 as of 03:28 AM EST.
BOME is the latest entrant into the Solana meme space, offering users a unique combination of memes, trading and gambling options, and decentralized storage.
A few days after its launch, the token’s market cap peaked at $1.2 billion before falling back to its current value of $75.6 million.
The price of The Book of Steins is ready to rebound
The price of Book of Steins has risen significantly from its launch, reaching a high of $0.02689 a few days ago. However, the price has declined slightly within a descending wedge chart pattern.
BOME is trading below the 50-day and 200-day simple moving averages (SMAs), supporting a drop back to the current level of $0.15.
Furthermore, the Relative Strength Index (RSI) is also below the 30 oversold level, indicating that the price is currently in the oversold territory, currently at 24.
The current bearish trend is very strong with the Average Directional Index (ADX) at 26, heading north.
Book of Steins Price Prediction- BOME May Surge to $0.024
The Book of Steins price analysis shows a bearish trend but there are signs of a rebound as the price has formed a falling wedge chart pattern. In addition, the RSI has entered oversold levels, which may allow the bulls to use it to rebound the price and recapture the $0.024 resistance level.
However, the 200-day SMA crossed the 50-day SMA at $0.01723, forming a death cross. The death cross could further support a pullback and the bears will have more control over the price, dropping the price to the next support area at $0.0106.
Meanwhile, as the bullish side of BOME looks for a price reversal, investors are also eyeing Dogecoin 20 as a compelling Dogecoin upgrade.
Dogecoin20 pre-sale revenue exceeds $2 million, leaping towards the $2.3 million target
The Dogecoin20 (DOGE20) presale continues to attract widespread attention from the crypto community and has now raised over $2 million, close to its $2.3 million target.
As the first upgraded version of the Dogecoin brand, DOGE20 will surpass the success achieved by other meme giants such as Dogecoin and Shiba Inu.
#DOGE20 is more than just a Shiba Inu-inspired derivative. In keeping with Dogecoin’s philosophy of doing only good things every day, it provides passive income through on-chain staking. Embrace a greener, more sustainable future with the world’s most loved #Memecoin! pic.twitter.com/zqlONodRPB — Dogecoin20 (@DOGE_COIN20) March 14, 2024
The surge in prices, days after its launch, may have been driven in part by Elon Musk, who said last week that Dogecoin should be able to be used to buy Tesla cars “at some point.”
Dogecoin20 also adopts the Proof of Stake (PoS) mechanism, enabling the project to provide faster and more convenient transactions.
Buy and stake $DOGE20, with an annual return rate of 395%
You can also earn passive income through Dogecoin's staking option, staking $DOGE20 can earn an impressive 395% annualized rate of return (APY). Early users have staked more than 7 billion $DOGE20 tokens.
In the growing field of # cryptocurrency, #Dogecoin20 stands out with its unique and innovative token. Drawing inspiration from the beloved #Shiba Inu themed #Memecoin universe while introducing a whole new dimension of on-chain staking. pic.twitter.com/aHTuT3Jh4o — Dogecoin20 (@DOGE_COIN20) March 17, 2024
According to Jacob Bury, a well-known cryptocurrency YouTuber, Dogecoin20 is one of the best meme coins right now because it is perfect for taking advantage of the hype surrounding DOGE and SHIB to drive gains.
You can participate in the presale by purchasing $DOGE20 for only $0.000164 in less than two days.
You can buy $DOGE20 on the official Dogecoin20 website, where you can exchange $DOGE20 with ETH and USDT, or buy it directly with a bank card.
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