Amid the ongoing broader market correction, investor interest in meme coins has significantly declined, hitting some of the most popular tokens the hardest.

The meme coins market has dropped from $48.28 B in the beginning of August to $38.4B by the end of August 2024. However, a few meme coins are showing possible surges and reversals in the next month, they are Popcat, Shuba Inu, Floki, and Bome.

Story Highlights The live price of the BOME token is . BOME price may reach a high of $0.0132 in 2024. With a potential surge, this altcoin may reach a high of $0.0315 by 2030.

Despite its quick rise to a $1 billion market cap, B ook of Meme (BOME) is now a shadow of its former self. As of press time, the altcoin is trading at $0.0070.

It's been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period.

The short-lived rally in Solana-based meme coins has come to an abrupt end, with Bonk (BONK), Cat in a Dog's World (MEW), and Book of Meme (BOME) ranking as the top assets leading the decline.

The eighth-largest meme coin, Book of Meme, witnessed a sharp decline as the broader cryptocurrency market witnessed a bearish storm. The Book of Meme (BOME), a Solana-based meme coin, fell by over 5.7% in the last 24 hours to $0.

The Solana-based meme coin Book of Meme (BOME) has surged by 23% in the past week, making it the top-performing asset among the top 100 cryptocurrencies by market capitalization during this period.

Cryptocurrency prices were on edge on Tuesday as investors watched the performance of Bitcoin and other big coins. Bitcoin was trading at $66,530, much lower than this month's high of $70,000.

Is BOME poised for another 100% surge? Recent gains and bullish indicators suggest it might be.

The crypto markets are undergoing a roller coaster ride as the prices of the tokens have been experiencing acute volatility. Just a day before, Bitcoin was expected to hit $70,000 but the dynamics have changed as upward pressure has escalated.

Ignoring the bearish noise with the recent correction in the Bitcoin price, the meme coins, MOG, and Book of MEME (BOME) maintain a bullish trend. With a breakout and reversal trend, the meme coins tease a trend continue in this week.

Cryptocurrency prices continued their strong rebound on Monday as investors reflected on the recent Bitcoin conference in Nashville. Bitcoin roared back above $70,000 for the first time since June 7th. Most meme coins and altcoins also bounced back on Monday. Book of Meme (BOME), a new Solana meme coin, rose to $0.

The crypto prices today mainly took a bearish turn after remarkable gains witnessed recently. Bitcoin (BTC) price slipped back to the $66K level, whereas Ethereum (ETH), Solana (SOL), and XRP tanked 0.7%-6%.

BOME price rose by more than 18 percent on Monday, with crypto investors looking at FOMC interest rate meeting for possible cues.

Meme coins in the Solana ecosystem flaunt a cumulative net increase of more than 5% on Monday, with BOOK OF MEME price leading the perk. This price uptick comes as Bitcoin makes another debut above $70,000 jolted by former US President and the Republican Party nominee Donald Trump's speech at the Bitcoin Conference in Nashville.

The Solana blockchain boasts several prime memecoins, but four projects stand out for their excellent profit potential: Husky Inu ($HINU), Bonk ($BONK), Dogwifhat ($WIF), and BOOK OF MEME ($BOME).

On Saturday, the crypto market showed a slight uptick with Bitcoin recording q nearly 1% Jump. However, the recovery momentum in Meme cryptocurrencies stayed active led by Dogecoin (DOGE) with a 7%+ jump, while Dogwifhat (WIF), and Shiba Inu (SHIB) prices showcased a 3-4% rise.

Book of Meme (BOME), the fourth largest meme coin on Solana behind Dogwifhat, Bonk and Popcat, has seen its price increase by more than 24% this past week. The meme coin is also green in the past 24 hours, up 4.7% at the time of writing. Currently, BOME is holding onto an overall bullish momentum.

Solana-based meme coin Book of Meme (BOME) has witnessed a resurgence in bullish bias amid the correction in the broader cryptocurrency market. Due to increased trading activity, the global cryptocurrency market capitalization has increased by 9% in the past week.

Imagine a fluffy bunny with twinkling eyes, hopping through the crypto cosmos, leaving stardust profits behind. That's MOONHOP Meme Coin! Cute but powerful, market experts hail it as the top meme coin presale of the year, with potential returns of over 1,000% (fluffin' amazing, right?).

The open interest of the popular Solana-based meme coin Book of Meme (BOME) cratered to a four-month low of $39 million on July 7.

The memecoin industry grew explosively over the past few years, with daily new projects. Navigating the plethora of memecoins is daunting, and investors must carefully decide which projects to back.

The crypto markets appear to be recovering as Bitcoin price rises above $59,000. This move appears to have extracted maximum liquidity as the volumes of the popular memecoins have drained by more than 40%.

No sooner than the Bitcoin price demonstrated a bullish rebound, the markets flipped into a bullish favour. Memecoins also gained immense strength as the popular ones surged with double-digit gains.

Mog Coin surges 8.98%, flipping BOME by market capitalization amid positive ETH ETF developments.

Among the top 8 meme coins by market capitalization, BOME has emerged as a standout performer, registering a 6% increase this week—the highest among Solana meme coins.

The broader market starts early, with Bitcoin preparing a bounceback from the crucial psychological support of $60,000. As meme coins are the bull run torchbearer this year, smart money closely follows trend reversals and the launch of new and trending coins.

The broader market starts early, with Bitcoin preparing a bounceback from the crucial psychological support of $60,000. As meme coins are the bull run torchbearer this year, smart money closely follows trend reversals and the launch of new and trending coins.

In the last 24 hours, Solana-based memecoins have surged, posting double-digit gains. This bullish trend follows heightened market speculation triggered by investment firm VanEck's recent filing for the first Solana ETF in the United States.

Starting the week's trade on a bearish note, Bitcoin lost one of its important supports at $63,500, which caused the price to drop below $62,500. This move has caused the memecoin space to lose over 5% of its market cap as the trading volume soars by above 18% in the past 24 hours.

Solana meme coins continue sideways trading with bulls attempting a major price recovery. The last 24 hours have seen several crypto assets lose value while others posted slight gains.

BOOK OF MEME (BOME) price is observed as macro bullishness, but it is facing bearishness on the micro-scale.

The market dynamics appear to have changed as the meme coins's strength has waned to some extent. These fluctuations have occurred very frequently in recent times, indicating the tokens have become more volatile. This could keep the trader's attention over the memecoins, which may prevent them from extending their descending trend.

With the resurfacing of memecoins in the cryptocurrency industry, top tokens have recorded a strong bullish price action by adding significant valuation to their respective portfolios. Moreover, the Solana ecosystem's memecoins have regained momentum, resulting in them recording a bullish reversal.

As the price of Bitcoin holds strong above the $67K mark, the crypto market has recorded a significant increase in the buying and selling pressure. Moreover, top tokens have successfully surpassed their important resistance levels, suggesting a bullpower in the crypto space.

BOME and BONK registered promising price upticks, but WIF's value had dropped over the last week.

BOME has seen renewed inflows on the back of the positive United States Consumer Price Index (CPI) which has flipped market sentiments. The wider crypto market has seen renewed flows with Bitcoin hitting $66,000.

Following a highly turbulent price action, the meme coin sector has seen a collective revival, drawing substantial investor interest across the global crypto realm. Notably, popular meme-based cryptocurrencies, including DOGE, PEPE, FLOKI, and BOME, have all experienced a considerable uptick in prices in the past 24 hours.

Recent data highlights notable price and trading fluctuations in meme coins such as FLOKI, Book of Meme, and DOGE.

Meme cryptocurrencies dominated other cryptos for several weeks, but May revealed some meme coins to avoid.

Last week, volatility in the cryptocurrency market resulted in a staggering loss of $100 billion. This decline was reflected in the global cryptocurrency market cap, which decreased by 4% to $2.36 trillion at the time of writing.

MEW's explosive price growth last month allowed it to compete with BOME in terms of market capitalization.

The memecoin category has displayed a significant price action following the Bitcoin Halving, indicating a rising interest among investors for these tokens. Furthermore, top memecoins have recorded a significant surge in their respective portfolios over the past seven days.

Binance, a leading cryptocurrency exchange, has once again triggered discussions among investors with its announcement to expand support for BOME, TIA, and MATIC tokens. Meanwhile, this move has sparked a significant rally in the prices of Book of Meme (BOME), Celestia (TIA), and Polygon (MATIC), underscoring the growing confidence in these cryptocurrencies within the market.

Binance Futures is set to expand its trading offerings by launching USDC-margined perpetual contracts for BOME, TIA, and MATIC cryptocurrencies. These contracts will provide traders with leverage of up to 75x, allowing for enhanced trading opportunities.

Buying pressure from whales increased on BOME after the market crashed a few days ago.