Latest Book of Meme 3.0 (BOME) Price Analysis

By CMC AI
08 September 2025 04:35AM (UTC+0)

Why is BOME’s price up today? (08/09/2025)

TLDR

Book of Meme 3.0 (BOME) surged 387.76% in the past 24h, significantly outperforming the broader crypto market (+0.73%). This follows a 9,487% 30-day rally, driven by speculative momentum and memecoin rotation. Key factors:

  1. CoinW Research Endorsement – Backed as a high-potential Solana memecoin, boosting credibility.

  2. Technical Breakout – Overbought RSI signals speculative frenzy, but correction risks rise.

  3. Altcoin Season Momentum – Capital rotation into high-beta assets amid rising alt dominance.

Deep Dive

1. Institutional Validation (Bullish Impact)

Overview: BOME gained visibility after CoinW Research (source) highlighted it as a standout Solana-based memecoin in June 2025, citing its blend of meme culture and decentralized storage. The team’s SCORE model flagged BOME’s community traction and tokenomics.

What this means: Institutional nods often trigger retail FOMO, especially for low-cap assets. BOME’s inclusion alongside projects like SLERF and MOODENG suggests perceived staying power beyond typical memecoin hype.

What to watch: Follow-up audits or exchange listings tied to CoinW’s evaluations.

2. Technical Overextension (Mixed Impact)

Overview: BOME’s 7-day RSI hit 81.49 (overbought), while its MACD histogram shows bullish momentum at 0.0000000046741. However, the price trades 64% below its 200-day SMA ($0.00000626), indicating volatility.

What this means: Short-term traders may take profits given the extreme RSI, but the MACD divergence suggests momentum could persist if buying volume holds above $3.5M.

Key level: A close below the 23.6% Fibonacci retracement ($0.000000054993) could signal a pullback.

3. Altcoin Season Fuel (Bullish Impact)

Overview: The Altcoin Season Index surged 69.7% in 30 days, with “others” dominance (non-BTC/ETH cryptos) at 28.82%. Memecoins like BOME benefit from risk-on rotations.

What this means: Traders are chasing high-beta plays as Bitcoin dominance stagnates (+57.65%). BOME’s 24h volume ($3.5M) and low liquidity (turnover 0.035%) amplify volatility during such cycles.

Conclusion

BOME’s surge reflects a mix of institutional validation, technical momentum, and altcoin season tailwinds. However, extreme overbought conditions and reliance on speculative flows raise near-term risks.

Key watch: Can BOME hold above its pivot point ($0.000000041535) to sustain bullish momentum, or will profit-taking reverse gains? Monitor social sentiment and memecoin sector rotations.

Why is BOME’s price down today? (06/09/2025)

TLDR

Book of Meme 3.0 (BOME) fell 93% in the past 24h, diverging sharply from its 7-day gain of 293%. Here are the main factors:

  1. Profit-taking surge – Rapid sell-offs after parabolic 7-day gains.

  2. Low liquidity risks – Thin markets amplified volatility ($3M 24h volume vs. $587M self-reported cap).

  3. Technical breakdown – Price plunged below critical support levels.

Deep Dive

1. Profit-Taking After Extreme Rally (Bearish Impact)

Overview: BOME surged 293% in the past week, likely driven by speculative memecoin momentum. The 24h sell-off aligns with historical patterns of rapid profit-taking after unsustainable rallies, especially in low-float assets.

What this means: Memecoins like BOME often face volatile swings as traders capitalize on short-term pumps. The lack of fundamental catalysts post-rally left the coin vulnerable to a correction.

2. Liquidity Crunch Amplifies Volatility (Bearish Impact)

Overview: BOME’s 24h trading volume ($3.06M) represents just 0.5% of its self-reported market cap, signaling dangerously thin liquidity.

What this means: Low liquidity magnifies price swings, allowing even modest sell orders to trigger cascading drops. The token’s massive circulating supply (420 quadrillion) exacerbates sell pressure.

What to watch: Sustained volume spikes above $10M could stabilize prices, but current turnover (0.005) suggests high risk.

3. Technical Support Collapse (Bearish Impact)

Overview: BOME broke below all key moving averages, including the 200-day SMA ($0.00000626). The price now trades 99.9% below its Fibonacci 23.6% retracement level ($0.000000055).

What this means: The breakdown reflects a loss of buyer confidence. With the RSI (14-day: 48.65) not yet oversold, further downside is possible if momentum stalls.

Conclusion

BOME’s crash highlights the risks of low-liquidity memecoins after parabolic rallies. While oversold conditions could prompt a bounce, the token’s fundamentals and market structure remain fragile.

Key watch: Can BOME stabilize above its 2025 low of $0.0000000012, or will selling pressure push it to new depths? Monitor exchange inflows/outflows for whale activity.

CMC AI can make mistakes. Not financial advice.