BOME, the new Solana-based meme coin sensation, experiences a significant price plunge.Dogwifhat continues to assert its dominance in the meme coin arena, outperforming major meme coin contenders like DOGE, SHIB, PEPE, and FLOKI. Over the last week, WIF witnessed a remarkable 28% surge, while most other meme coins lost between 17% to 26% of their value. Currently trading at $2.8 at the time of writing, WIF is inching closer to its all-time high of $3.44, set just a few days ago.
Breaking through this resistance could propel WIF into a new discovery mode, similar to the one it entered in late February after breaking out of a descending triangle pattern. This previous breakout ushered in a series of new highs and multiple all-time high breaches for WIF. From here, WIF could potentially continue its upward trajectory, especially if it manages to break through the $3.5 resistance zone. However, investors should exercise caution and closely monitor the market conditions, as the meme coin narrative appears to be cooling off, and profit-taking could potentially trigger a correction in WIF’s price.BOME, the new meme coin sensation on the Solana network, experienced a meteoric rise after its launch last week, reaching a staggering $1.
One of the key features of NuggetRush is its top NFT staking system, which allows investors to earn up to 20% Annual Percentage Yield based on the duration of staking. Additionally, the project offers multiple earning opportunities through RUSHGEMs, character NFTs, and in-game asset trading.
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Source: CryptoAmb - 🏆 22. / 68 Read more »
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