The post Book of Meme Price Continues to Rise, New Meme Coin Pepe Unchained Catches Investor Interest appeared on BitcoinEthereumNews.com.

Meme coins are back in the spotlight, and Book of Meme (BOME) is leading the way. This frog-themed token has been on a tear lately, with its price climbing above $0.011. But it’s not the only meme coin that’s performing well. Pepe Unchained (PEPU) is also drawing praise, having raised over $6 million in its limited-time presale event. Book of Meme Price Surges After Key Trendline Breakout Book of Meme is on a roll right now. The coin has surged to $0.0111, marking its highest price since mid-June. That’s a 10% jump in the past 24 hours – and a whopping 43% rise from Thursday’s local low. However, BOME’s rally isn’t just about its price action. The token is also making moves in the rankings, becoming the third most-traded meme coin in the world. It’s even flipped dogwifhat (WIF) in terms of daily trading volume. And BOME is now at the top of CoinMarketCap’s gainers list, beating out rivals like Mog Coin (MOG) and XRP (XRP). So, what’s the reason for all this bullishness? It seems to be down to BOME breaking above a key trendline on the daily chart. This trendline has been in play since BOME’s all-time high in March, so by breaking above it, the token has signaled to traders that it might be about to start a new leg up. Meme Coin Market Sees Broad Sell-Off After Bitcoin Turns Bearish Book of Meme’s rise is even more impressive when you look at the bigger meme coin picture. It’s swimming against the tide, being the only major meme coin in the green over the last 24 hours. The rest of the meme coin market is seeing red. DOGE and PEPE have both stumbled, dropping over 3%. BONK has taken a harder hit, down by 6%. And WIF…

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Filed under: News - @ July 30, 2024 5:26 pm