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The Book of Meow has surged by 232% in the last 24 hours to trade at $0.01465 as of 7:25 a.m. EST as cat-themed meme coin season erupts.
Cat-themed meme coins are currently seeing significant price surges on the Solana blockchain, raising a new crop of millionaires and challenging dog-themed coins including Dogecoin (DOGE), Shiba Inu (SHIB) and Dogwifhat (WIF) for media coverage.
Cat meme coins pumping, let's go… pic.twitter.com/chFL9VmUrL
— Mark Kelly (@TodayTraderMark) March 30, 2024
One crypto trader managed to turn $13,000 into over $2 million by trading the meme coin Donotfomoew (MOEW). This cat-themed token was created on April 3rd by Bitget Wallet. The trader achieved a gain of more than 15,000% via astute trades.
Book Of Meow Price Surges Back On A Double Bottom Pattern
BOMEOWSOL Analysis. Source: Dextools.io
The BOMEOW price indicates a rebound after the decline from its all-time high of $0.0263 following a prolonged downtrend.
Despite the recent drop, the bullish investors have proven resilient, pushing the price from the support level of $0.008286 to approaching its previous record high.
Additionally, the emergence of a double-bottom pattern contributes to the upward momentum, suggesting the possibility of another surge in bullish activity that could help recover some of the previously lost ground.
The BOMEOW price bulls have also driven the price above the 21 and 50-day simple moving averages (SMAs). However, increasing the general bullish momentum could help the bulls drive the price to its ATH at $0.0263.
Furthermore, the Relative Strength Index (RSI) indicates a rebound surpassing the 50 midline level to 62. Increased momentum should see the RSI jump into the overbought zone, confirming the rally.
BOMEOW MACD Analysis on Dextools.io
The MACD is also bullish above the neutral level, with the blue line signalling a crossover above the orange signal line. Moreover, the histogram indicates positivity approaching the neutral level.
The Book Of Meow Price Poised For Another Bull Rally
The Book of Meow price indicates a general upward trend. The double-bottom pattern catalyses the bullish momentum, pushing the price higher toward new highs above the All-Time High (ATH).
However, if bears regain control, the price could slip below the 21SMA, retracing towards the support level of $0.01360, which coincides with the 50 SMA.
Meanwhile, if you missed the BOMEOW price surge, you could consider diversifying your portfolio with Smog (SMOG), which has surged following its launch on the MEXC exchange on April 4.
This listing has made buying and selling Smog easier and helps it reach more potential investors. Crypto analyst Jacob Bury ranks it among the best meme coins to buy now.
Smog Airdrop Success, MEXC Exchange Listing
After wrapping up the first season of its airdrop campaign with $1 million in giveaways yesterday, the project team announced Smog’s first major listing on the MEXC exchange.
.@SMOGToken: Buy and hold $SMOG tokens to gain access to the greatest airdrop Solana has ever seen, is coming to #MEXCKickstarter 🚀
🗳Vote with $MX to share massive airdrops
📈 $SMOG/USDT Trading: 2024-04-04 09:00 (UTC)Details: https://t.co/2hnzMA3fB4 pic.twitter.com/UYKQrN9L4T
— MEXC (@MEXC_Official) April 3, 2024
Investors and traders can now trade SMOG/USDT on the MEXC exchange, which ranks as the 11th largest cryptocurrency exchange based on daily trading volume, according to CoinMarketCap.
Buy Smog Now, Enjoy Airdrop Season 2
Now that the first season of the airdrop has ended, the leaderboards have reset, giving investors a new chance to increase their XP score for Season 2.
Season 2 will focus on giving awards for on-chain trading. The more volume you hold or trade, the higher your airdrop rewards will be for Season 2.
#Dragons, prepare yourselves for the imminent debut of $SMOG on an exchange! 💰
Finish all your daily tasks and accumulate as many points as possible before Season 1 concludes! 📊#SmogSwap in Season 2 will prioritize on-chain #Trading! 🔄
Keep an eye out for updates! 📣
— SMOG (@SMOGToken) March 28, 2024
SMOG holders can also stake their tokens to earn an annual return of 42%.
With the developer hinting that the MEXC launch will open the door to more listings on top-tier exchanges, now may be an opportune time to buy SMOG before it is exposed to an even wider audience.
Buy Smog tokens using SOL, USDT, or BONK for a 10% discount on its website here.
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