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The Book of Meow price dropped 6% in the past 24 hours to trade for $0.01492 as of 05:42 a.m. EST time.
This comes as BOMEOW holders cash in on gains made following euphoria about the token’s growing popularity. It had secured a position on DEXTool’s trending list, as well as on Dexscreener and Birdeye.
All under 24hrs for $BOMEOW:
✅ Dextools, Dexscreener, Dexview, Birdeye Token Updated
✅ No 1 Trending on Dextools, Dexscreeener, Birdeye
✅ 850 people on VC
🔥 Hit 5x upon launch
🔥 Thick LP OF 3M++ LIQ
🔥 LIQUIDITY LOCKED ON PINKLOCK
🔥 10,000 holders on launch
🔥 30M VOLUME…— Book of Meow ($BOMEOW) (@Bomeow_solana) April 4, 2024
Nevertheless, bullish sentiment continues to abound in the BOMEOW ecosystem as community members anticipate it going global. With billboards up in Seoul, South Korea, one of the busiest capitals in Asia, the BOMEOW ecosystem is pushing hard to get more people involved.
$BOMEOW WORLD DOMINATION INCOMING 🏆😂
New billboards up and running in one of the most famous cities in the world, Hong Kong! Can’t stop, and won’t ever stop when it comes to marketing! 🔥🔥
Get ready to see a billboard near you! 🤝🤝
📍 HONGKONG$BOMEOW #BOMEOW #BTC #SOLANA pic.twitter.com/hSvKk5ksYv
— Book of Meow ($BOMEOW) (@Bomeow_solana) April 5, 2024
The network is trending on CoinMarketCap, hitting the ground running barely two days after going live.
$BOMEOW ON CMC TRENDING 🔥🔥🔥
This is HUUUUGEEEEEEE , not even 2 days old, and we’ve literally TREND EVERYWHERE 🤯 Dextools, Dexscreener, Birdeye, DEXView and now CoinMarketCap 🏆
Getting trend on CMC can really garner huge huge traffic to our project 🏆
Just the beginning,… pic.twitter.com/QdNbf0GofX
— Book of Meow ($BOMEOW) (@Bomeow_solana) April 5, 2024
Book of Meow Price Prediction As BOMEOW Makes Headlines Only Days After Debut
The Book of Meow price has broken below a crucial support level on the 15-minute timeframe. It could extend the fall if the $0.01287 support gives way. If it holds, however, the likely play would be a retest of the ascending trendline, followed by a consolidation above it before a break below it again.
This is the likely scenario considering the market is heavily leaning in favor of the downside, starting with the nose-diving Relative Strength Index (RSI). This signifies falling momentum and is reinforced by the position of the Awesome Oscillator (AO) in negative territory. The volume indicator is also recording dwindling volumes, reinforcing the bearish thesis.
A break and close below the $0.01287 support would confirm the continuation of the downtrend.
TradingView: BOMEOW/USDT 15-min chart
On the other hand, if history repeats, or rhymes, the Book of Meow price could recover. A decisive flip of the ascending trendline into support, confirmed by a move above $0.01746 would trigger more buy orders, provoking an uptrend.
In a highly bullish case, the gains could see the Book of Meow price extrapolate the gains to tag the $0.02031 roadblock. The highly ambitious case could see the altcoin extend to tag the $0.02200 range high. This would denote a climb of around 50% above current levels.
Meanwhile, traders are flocking to DOGE20 ahead of the much-anticipated International DOGE Day on April 20, when the ICO will launch. Investors anticipate a rally at launch, with some calling up to 10X gains.
Promising Alternative To Book Of Meow
Dogecoin20 (DOGE20) has innovative features and exciting opportunities for investors and plans to leverage the hype surrounding Dogecoin and other dog-themed cryptocurrencies when it launches on Doge Day.
$DOGE20 is poised to ride the excitement generated by Dogecoin enthusiasts, potentially benefiting from endorsements by figures like Elon Musk.
It stands out as one of the hottest meme coins in the market right now. It’s giving investors a final opportunity to join Dogecoin20’s presale after the project sold out with more than $10 million raised in a couple of weeks.
The #Dogecoin20 ( #DOGE20 ) presale has exceeded expectations, raising over $10 million from investors ahead of its #Uniswap listing.https://t.co/DksuDkI8mv pic.twitter.com/pOYkhq0OH4
— Daily Crypto (@CryptDaily) March 30, 2024
Dogecoin20 aims to be the improved version of Dogecoin, addressing its weaknesses and offering a fresh opportunity for those who missed out on its meteoric rise.
It brings on-chain staking to the Dogecoin ecosystem, providing passive income options for regular investors. Even those who bought during the presale can stake their coins and start earning rewards, currently at an annual percentage yield (APY) of 58%.
Dogecoin20 Tokenomics
Dogecoin20 has a fixed token supply, capped at a maximum of 140 billion tokens. This helps address inflation concerns while at the same time boosting investor confidence.
The project’s whitepaper lays out a transparent distribution plan, focusing on fairness and community involvement. 25% of the token supply is reserved for the presale, ensuring fair access for early backers.
Another 25% is for marketing efforts, with 15% earmarked for staking rewards to encourage token usage. Additionally, 10% is set aside to provide liquidity on decentralized exchanges, making trading smoother.
The remaining quarter is allocated to the project’s treasury, ensuring long-term sustainability and securing funds for future needs. As an ERC-20 token, Dogecoin20 is compatible with various Ethereum-based wallets and platforms, making it easy for newcomers to engage in token transactions.
Discover the simplicity of managing your #DOGE20 wallet! 🚀
Bid farewell to complex wallet setups and token management woes. 🔐
Thanks to its #Ethereum foundation, $DOGE20 brings added flexibility, seamlessly integrating with your ERC-20 tokens. 💼#Memecoins #Altcoins pic.twitter.com/yrGkktderm
— Dogecoin20 (@DOGE_COIN20) March 24, 2024
Experts such as Crypto YouTuber Jacob Bury see the potential for 100X growth on launch.
DOGE20 is selling for just $0.00022, and can be bought using ETH, USDT, or a bank card. BNB is also available as a payment option for investors who do not wish to avoid high Ethereum network fees.
Interested investors should act quickly because the last chance to buy may end at any moment.
Also Read:
- Crypto Gains Dogecoin20 Presale Review – Last Chance to Buy Before $DOGE20 Claim and Launch
- TodayTrader’s on the Lookout for the Next 100x Meme Coin to Invest in – Could This Be Dogecoin20?
- Top 3 Crypto Presales to Watch for Potential 10x-15x Gains – Bitcoin Minetrix, Dogecoin20, and Green Bitcoin
- Austin Hilton Presale Review of Greener Version of Dogecoin with Staking Rewards – Dogecoin20
- 5 New Cryptocurrency to Invest in 2024: Promising Game-Changers with 1000x Potential
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- Audited By Coinsult
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- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
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