Book of Meme (BOME) has jumped to its highest price since July after a 16% rally.
However, investors are wondering if this surge has real staying power or if it’s just another temporary spike.
Meanwhile, Pepe Unchained (PEPU) continues to smash presale milestones – fueling speculation about whether it could pump even higher than BOME.
Book of Meme Surges & Becomes Trending Meme Coin on CoinMarketCap
Book of Meme is different from the dog and cat-themed coins out there.
It aims to be a digital playground for internet culture, preserving all those memes that make retail investors laugh hysterically.
Built on Solana, BOME mixes Web3 tech with investors’ love for viral content – turning it into a sort of “time capsule” for meme history.
Right now, BOME is on fire.
The token’s price has rocketed to $0.0104, a 73% rise since Thursday.
It’s been green candles for five days straight, outpacing most of its meme coin competition in that timeframe.
With a market cap of over $700 million, BOME is now in the top five on CoinMarketCap’s trending list.
So, the big question is: Can BOME keep this rally going, or is it about to fizzle out?
Can BOME Break Key Resistance & Soar to New Heights?
Determining whether BOME is a buy or not is a challenging task.
The token has just tapped a key resistance level at $0.0113 – which hasn’t been touched since June 7th.
Earlier today, BOME made a run at it again but got knocked back down, showing that plenty of traders are ready to cash out at that point.
But don’t count BOME out just yet.
The rally still has serious momentum, and spot volumes are climbing daily.
Plus, open interest just hit a new all-time high of $153 million.
That’s a lot of traders betting on where BOME will go next.
If BOME can break through the $0.0113 ceiling, we could see a jump to $0.016 – matching May’s high.
It would also represent another 54% rise.
Of course, that’s a tall order, especially for a meme coin like BOME, which has repeatedly suffered dramatic selloffs.
However, looking at the bigger picture, Book of Meme might still have some bullishness left.
Could Pepe Unchained Rally Higher Than BOME? Trending Layer-2 Coin Raises Millions in Presale
Book of Meme isn’t the only coin that’s rallying.
Pepe Unchained, the latest meme coin sensation, continues to impress investors in its presale.
While Book of Meme focuses on internet culture, Pepe Unchained is taking things further with real utility.
The team is building a new Layer-2 blockchain called the “Pepe Chain.”
This will give traders a big advantage in terms of speed and transaction costs relative to other Layer-1 chains like Ethereum.
Add in staking rewards of 112% per year, and it’s clear Pepe Unchained is aiming for more than just the meme coin crowd.
It’s targeting serious crypto investors, too.
What also sets Pepe Unchained apart is its broader ecosystem.
While Book of Meme focuses just on memes, Pepe Unchained’s team has plans for a DEX, a block explorer, instant bridging, and more.
They’ve even launched developer grants to encourage building on the Pepe Chain.
And YouTuber Crypto Zeus, who has over 78,000 subscribers, even described Pepe Unchained as the “next PEPE” in a video released yesterday.
With all this hype, it’s no surprise Pepe Unchained’s presale has been an enormous success.
It has raised over $19.6 million in early funding already.
Interested investors can get PEPU, the native token, for just $0.00999 right now.
So, could PEPU pump harder than Book of Meme?
It’s difficult to say since the former hasn’t yet debuted on the open market.
But with its focus on utility and Layer-2 tech, there’s a chance Pepe Unchained could have the edge in this battle.
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The post Book of Meme Price Outlook: Is BOME a Coin to Watch as it Rises 16% or Would Pepe Unchained Pump Higher? appeared first on CryptoPotato.
