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<p>Book of Meme (BOME) is up by 54% on the biweekly and over 7% on the daily chart. Can the memecoin sustain this rally throughout 2024?</p>
<p>&nbsp;<a href="https://cutoshi.com/" rel="noopener noreferrer nofollow">Cutoshi</a> follows closely, up 46%, currently in the second stage of its presale.&nbsp;</p>
<h2 class="wp-block-heading" id="h-bome-is-preserving-digital-humor-for-posterity">BOME Is Preserving Digital Humor For Posterity<br></h2>
<p>Book of Meme stands as a testament to the bizarre humor found in crypto and other less visited spaces on the web.&nbsp; Beyond creating fun and sarcastic memes, BOME has a mission. They want to use Solana, ARweave, and Filecoin Web3 internet standard, IPFS, to preserve memes in an indestructible way on the blockchain.</p>
<p>The creator of BOME often reaches out to his community to ask them for inspiration of what he can draw next, quick to jump on crypto trends and insider jokes.</p>
<p>From a price perspective, the recent spike in the price of Book of Meme (BOME) appears to be more than just a short-term rally, with Open Interest (OI) reaching a record level of $161.97 million. This rise in OI, indicates growing engagement from traders.</p>
<p>Additionally, BOME’s trading volume surged to $659.06 million, the highest it’s been since May. This sharp increase in both OI and volume suggests growing speculative interest, potentially setting the stage for further gains. Traders are now watching for a breakout that could propel BOME to lose another zero or two in the near future.</p>
<p>BOME is currently trading at $0.009569, up 9% on the weekly.</p>
<h2 class="wp-block-heading" id="h-cutoshi-potentially-following-bome-s-footsteps">Cutoshi Potentially Following BOME’s Footsteps?</h2>
<p>Like BOME, Cutoshi is a memefi coin with a deeper aim. Cutoshi is inspired by the Chinese Lucky Cat – a symbol of luck and prosperity. Its ecosystem is based upon Satoshi Nakamoto’s vision – decentralization, privacy, and monetary freedom for all. The aim of the project is to achieve this by building a suite of DeFi products, starting with a peer-to-peer and cross-chain DEX. The cross-chain SEX makes it easy for people to move their money across chains and trade easily.</p>
<p>This is just the start of their roadmap, with a whitepaper that lays out a vision for many DeFi activities such as yield farming, staking, buying things with the native token CUTO, and a learning academy to make understanding DeFi entertaining and enticing.</p>
<p>Cutoshi has been attracting many members to their new community, understanding, as the best projects do, that in Web3, supporters and co-creators are vital. Over $500,000 of CUTO has been sold as the coin received a listing from CoinMarkeCap this week.</p>
<p>CUTO is up by 46% since the initial presale launch, set to rise once the current stage of presale ends.&nbsp;</p>
<p><strong>For more information on the Cutoshi (CUTO) Presale:</strong></p>
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  https://cutoshi.com
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<p><strong>Join and become a community member:</strong>&nbsp;</p>
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 <div class="wp-block-embed__wrapper"><a class="twitter-timeline" data-width="696" data-height="1000" data-dnt="true" href="https://twitter.com/CutoshiToken?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">Tweets by CutoshiToken</a>
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  https://t.me/cutoshi
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<p>The post <a href="https://www.ethnews.com/book-of-meme-traders-enjoy-price-hike-as-meme-coins-surge-can-cutoshi-boost-market-further-in-q4-finale/" rel="noopener noreferrer nofollow">Book Of Meme Traders Enjoy Price Hike As Meme Coins Surge, Can Cutoshi Boost Market Further In Q4 Finale</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Book Of Meme Traders Enjoy Price Hike As Meme Coins Surge, Can Cutoshi Boost Market Further In Q4 Finale

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