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Book of Meme Price Prediction

Book of Meme (BOME) is a new Solana memecoin that aims to consolidate meme culture and the impact it has had within the crypto sector and the wider blockchain industry. At its core are meme preservation, decentralized hub and social media innovation. Due to its strong fundamentals and growing appeal, crypto enthusiasts are becoming a lot more interested in Book of Meme price prediction.

In this guide, we’ll provide short, medium and long-term BOME price forecast(s). We’ll start by analyzing its brief price history before delving into price forecasts. Afterwards, we’ll discuss what Book of Meme is and what it is used for. We’ll also discuss the factors that could impact BOME price before determining whether it is a decent asset to add to a crypto portfolio.

Book of Meme Price Prediction Summary

  • End of 2024: Book of Meme was launched at a critical time, just as Bitcoin was setting a new all-time high record. Unsurprisingly, the new Solana memecoin witnessed a significant price surge within its first 48 hours. Though BOME price has declined since then, we estimate that it could still rise to $ 0.017 before the end of 2024.  
  • End of 2025: In 2025, Book of Meme’s price performance will still depend on the condition of the broader crypto market. If the market is as favorable as most analysts anticipate, this new coin could record exponential growth. Based on our analysis, BOME could reach a high price target of $0.047 before the end of 2025.
  • End of 2027: Depending on how the market turns out in 2027, Book of Meme could count among the standout crypto assets to watch. Thanks to its strong fundamentals and helpful features, it may become one of the best memecoins this year. Based on our BOME forecast, the maximum price of the asset could be $0.062 per token in 2027.
  • End of 2030: Book of Meme aims to preserve the meme culture within the evolving Web3 culture with blockchain technology. Already, it has helpful tools and features, as well as a realistic roadmap that could make it a sustainable crypto asset before 2030. By our estimation, BOME price could reach a high price target of $0.152 before the end of 2030. 

Book of Meme (BOME) Price History

It is best to start by stating that Book of Meme (BOME) is one of the newest cryptocurrencies on the market. It was launched on March 14, 2024, by a well-known digital artist within the crypto space, “Darkfarms”, the same person behind PEPECOIN. 

To launch the new memecoin, Darkfarms announced a 24-hour presale that didn’t feature a fixed price for BOME. Participants had to contribute SOL to a designated address. Book of Meme tokens were allocated to participants, after the presale period, according to their SOL contributions.

BOOK OF MEME Price Chart

When Book of Meme debuted on exchanges, its initial price, according to Coinmarketcap data, was in the region of $0.001144 per token. On the same day, it recorded its all-time low price of $0.000858, recovering quickly to embark on a significant price surge.

About 48 hours after its official launch, Book of Meme price soared to its all-time high figure of $0.02805 per token. This was followed by a 2-day price decline until it hit $0.01055 on March 18. Following a short period of sideways movements, it reached another high price point of $0.01743 on April 1, 2024. By April 13, it had dropped to as low as $0.008304, improving only slowly until May 28, when it reached a peak price of $0.1491.

Since May 28, 2024, BOME price chart on Coingecko shows that the crypto has remained below the $0.015 point till the time of writing. However, it is up 2.56% in the past 7 days. 

Key Points in Book of Meme (BOME) Price History

  • Book of Meme was created by a well-known digital artist, “Darkfarms”, on March 14, 2024
  • During its 24-hour presale period, BOME didn’t get a fixed presale price; rather, participants deposited Solana (SOL) into a designated address and received BOME tokens afterwards, according to their contributions
  • BOME recorded its all-time low price of $0.000858 on its first trading day (i.e.), March 14, 2024
  • Book of Meme reached its all-time high price of $0.02805 per token on March 16, 2024, barely about 48 hours after its official launch
  • BOME recent peak price was recorded on May 28, 2024, and the price of the coin has remained way below the $0.015 level ever since
  • At the time of writing this section of our Book of Meme price prediction, the memecoin was up 2.65% in the past 7 days  

Book of Meme Price Prediction 2024

From Book of Meme’s price chart so far, we can deduce that further growth is possible in the last few months of 2024. However, we need to consider how the coin came about and how its price has changed in the few months it has been in existence.

Firstly, BOME was launched during a major bull market. The crypto market started improving in late 2023 in anticipation of the 2024 Bitcoin halving and its consequences. Fortunately, the SEC approved Bitcoin ETFs quite early in January. The excitement surrounding this positive development triggered significant price surges within the market.

Book of Meme Price Prediction Chart

As Bitcoin price spiked, the wider crypto market picked momentum. Memecoins, just like in previous bull seasons, made significant strides. Solana memecoins, in particular, were doing pretty well, so it wasn’t much of a surprise when new memecoins began to launch.

Book of Meme came just within the period BTC was reaching a new all-time high value. This and the excitement surrounding its launch were enough to push it to the ATH value within 48 hours. However, this new token has not been performing too well since May.

Looking at the historical data of coins launched during a bull market, there are reasons to believe BOME will experience another price surge before December 2024. As the wider market improves in the last quarter, Book of Meme will likely outperform many top altcoins. We estimate that Book of Meme (BOME) maximum price could reach $ 0.017 before the end of 2024.

Book of Meme Price Prediction 2025

In 2025, Book of Meme price will still be mostly determined by the condition of the wider market. Like a typical memecoin, its popularity will mostly depend on hype, social media influences, and market sentiment. Its performance could also be boosted by its uniqueness and relevance to the thriving meme culture.

As for how the wider market will shape up, the majority of crypto analysts expect the current bull market to peak sometime in 2025. Traditionally, it happens a year after Bitcoin halving. Again, memecoins majorly feature among trending cryptos to buy when the market reaches its peak, and BOME has earned a remarkable reputation in just a few months.

Considering that it is a new memecoin in the exciting Solana Ecosystem, Book of Meme can be categorized among the next cryptos to explode. It belongs to a new crop of memecoins that have enjoyed incredible support from the booming Solana Ecosystem. Its popularity will most likely rise further in 2025, and this will most likely be followed by explosive price growth.

Book of Meme Forecast Chart

Considering that Book of Meme seeks to preserve memes and consolidate the place of the meme culture blockchain technology, it will start ranking among the best memecoins very soon. This will help push its price upward in 2025.

So, based on all the points we’ve raised, our 2025 Book of Meme price prediction is positive. We estimate that the new memecoin, Book of Meme, will record a maximum price of around $0.047 before the end of 2025.

BOME Price Forecast 2027

Going by Bitcoin’s 4-year Cycle and how it impacts the entire crypto market, the next bear market may start sometime in 2026 and last throughout the first half of 2027. While this is not set in stone, the probability is very high.

While BOME will likely perform like other memecoins, there are decent chances that its price may not crash so much. Though it has shown that its price could swing like the most volatile crypto assets, we believe it may hold stronger than other memecoins when the market becomes very bearish.

The Book of Meme creator has a mapped-out plan to include several helpful tools in the Ecosystem. Before 2027, it will feature a meme generator, as well as a social network app. These features will make BOME more attractive and, thus, more valuable.

Based on its core features, BOME can get close to top memecoins like Dogecoin, Shiba Inu, Pepe, and Ponk. After all, it seeks to preserve the culture that gave birth to these coins. It will help to sustain their relevance in blockchain technology, potentially becoming a repository of top assets in the future.

Book of Meme Price Forecasts and Predictions

As for our Book of Meme price prediction for 2027, we believe there will be a significant change from the beginning of the year to when it ends. If events unfold as we anticipate, Book of Meme price could rise from an abysmal level at the beginning of the year to reach a high price target of $0.062 before the end of 2027.

Book of Meme Price Prediction 2030

Ideally, memecoins hardly feature among the most sustainable crypto assets. But for Book of Meme, there are tangible reasons to consider it a sustainable project. As we’ve mentioned severally in the previous section of this guide, the project seeks to preserve meme culture.

By 2030, we estimate that the meme culture will remain as strong and as relevant as ever. We also believe that Book of Meme will play a meaningful role in this. Thanks to its current and potential features, it will become one of the best projects for crypto enthusiasts who hold memecoins.

While Book of Meme is still mostly a speculative token, the potential growth of its ecosystem will play a critical role in turning it into a powerhouse. As global crypto adoption improves, BOME’s ecosystem will continue to expand. Its overall utility will be boosted, and that will most likely have a positive impact on price. 

Technical Analysis for BOMEUSDT

Judging by what we’ve observed since the first Memecoin was launched, there are good indications that the market will continue to improve, even as the market goes through bullish and bearish trends. If BOME’s roadmap could be actualized, it could rank among the best-performing cryptos before 2030.

So, our Book of Meme price forecast for 2030 estimates that the price of BOME can reach a maximum level of $0.152 before the end of the year.

Book of Meme Price Prediction 2040

For several crucial reasons, making a realistic long-term price forecast for a memecoin can be difficult. However, we’ll do the best we can to estimate BOME’s potential price in 2040. One of the most important questions to ask in this regard is, “What could keep Book of Memes relevant till 2040”?

As the name suggests, Book of Meme was specifically made for meme culture and its preservation through blockchain technology. We must also acknowledge that the project is helping to redefine Web3 culture. As opportunities continue to unfold in the market, BOME may become one of the top Web3 tokens.

Speaking of Web3 and its potential impact, we expect so much to change before 2040. The current trend in the AI space suggests that the world will change so much in the next decade. We also believe that cryptocurrencies will help shape the future, and the meme culture will not die. Therefore, top AI tokens will make waves in the future, and the impact could be felt within the Book of Meme Ecosystem.

In addition to BOME’s ability to innovate and the potential changes that will happen across Web3, AI, and Blockchain industries, macroeconomic variables will also play a part in Book of Meme price prospect in 2040.

As per our actual Book of Meme price forecast for 2040, we anticipate that the Solana Memecoin could reach a maximum valuation of $0.824 before the end of the year.

Potential Highs and Lows of Book of Meme Price

Like the majority of digital assets, Book of Meme is a highly volatile asset. This implies that the price changes continuously. This also means that the price range over any given period could be substantially wide. Therefore, it is best to have a realistic price range when buying the asset. In the table below, we’ll summarize the potential high and low price points of BOME for the years we’ve covered: 

Year Potential High Potential Low
2024 $ 0.017 $0.0053
2025 $0.047 $0.019
2027 $0.062 $0.025
2030 $0.152 $0.097
2040 $0.824 $0.694

Expert Opinions – What Other Analysts Predict for BOME Price

Following its official launch and initial price surge, Book of Meme ranked among the hottest cryptos to invest in. As interest in the memecoin increased, analysts started forecasting its future prices. To help you have a balanced view of what crypto analysts think about the token, we’ll sample the expert opinions of other analysts providing BOME price forecasts for other media outlets:

 “We predict moderate but not explosive gains for BOME through the remainder of 2024. We forecast an average price of $0.0078 with the potential for a high price of $0.009 if the meme coin market’s momentum remains high through December.”

cryptonews.com

“As the broader market continues improving in the coming year, the Book of Meme coin price is expected to surge. With a potential low price of $0.0108, the meme coin could reach a new high at $0.015. Thus, the average trading price for the BOME token in 2025 could be $0.0135.”

coinpedia.org

Book of Meme’s price for 2027 according to our analysis should range between $0.0084 to $0.012 and the average price of BOME should be around $0.01.”

ambcrypto.com

The Book of Meme price prediction for 2030 is between $0.015939 on the lower end and $0.025843 on the high end. Based on our BOME price prediction chart, the price of Book of Meme could gain 315.19% and reach $0.025843 if it reaches the upper price target.”

coincodex.com

“2040 is a long time from now and it could be difficult to predict what could happen to BOME by then. But considering the state of things, BOME can reach a maximum price of $0.60 by 2040.”

coinedition.com

What is Book of Meme and What is it Used For?

Book of Meme is a Solana memecoin designed to serve as a permanent archive of Memes. Launched in March 2024, this new project harnesses the growing, universal appeal of internet memes, leveraging blockchain technology.

While the primary objective of Book of Meme (BOME) is to preserve internet memes, the project revolutionizes the intersection between meme culture and blockchain technology. It leverages decentralized storage solutions like Arweave and the InterPlanetary File System (IPFS) to guarantee the Immutable preservation of memecoins on the blockchain.

In addition to serving as the permanent library of memes, Book of Memes also features a decentralized hub for meme enthusiasts with an array of tools. With its features, vast digital repository and vibrant community, Book of Meme is becoming a major force in social media innovation.

As a meme coin, BOME is a volatile digital asset that can be used for investment purposes. Like most memecoins, it is used for speculative investing. Crypto and meme enthusiasts can trade the asset across different centralized and decentralized exchanges.

BOME’s utility extends beyond speculative investing. Within its ecosystem, it can be used for paying transaction fees. It is also used for staking by validators, who also earn rewards for that. Lastly, BOME is also a governance token. This implies that holders/community members can always vote on proposals to shape the future of the project.

What Influences the Price of Book of Meme Tokens (BOME)?

As we’ve hinted at different sections of this Book of Meme price prediction guide, different factors can influence the price of the asset in the future. The major factors can include:

Market Sentiment

While positive market sentiment normally results in price growth, negative sentiment leads to price decline. Generally, sentiment plays a huge role in determining demand, and demand has a direct impact on price.

Ecosystem Developments and Announcements

Depending on how the Book of Meme ecosystem develops in the future, the value of the native memecoin could rise or fall. Positive developments and announcements often boost investors’ confidence, which can also result in higher demand and higher prices.

Condition of the Wider Crypto Market

Depending on the condition of the broader crypto market, BOME price can either rise or fall. During a bull market condition, BOME and most other cryptos gain. Conversely, most digital assets, including Bitcoin lose value.

Social Media and Hype

The meme culture and social media are almost inseparable. Internet memes mostly go viral on social media, and memecoins also garner their communities from social media. When there is hype around a project or digital assets, the value tends to go up.  

Others

A few other factors can also have an impact on Book of Meme price, including legal and regulatory issues, celebrity endorsement and increased adoption. Whale activity is another major factor that can have a significant impact on BOME’s price.

Is Book of Meme a Buy?

Considering how well meme coins have performed in the past years, buying Book of Meme could be a good idea. Due to their universal appeal and high volatility, meme coins generally give a high return on investment.

Book of Meme is an attractive asset for various reasons. Combining memes with decentralized storage and cryptocurrency is a novel concept that can stand the test of time. This suggests that the coin could be a good long-term crypto. BOME also have multiple utilities, including meme preservation, storage incentives, trading and governance. This helps to improve sustainability.

While BOME’s initial price surge was short-lived, we anticipate sustainable price gains in the future. Already, the Book of Meme ecosystem is attracting a vibrant community. Judging by what has happened in a few months, we expect the community to grow much bigger in the future. Of course, an engaged community helps in achieving long-term success in the crypto space.

Book of Meme Price Prediction – Conclusion

So far, we’ve discussed some of the most important things a crypto enthusiast must understand about Book of Meme before buying it. Though it is just one of many Solana memecoins, BOME was designed for various important purposes, including the preservation of memes and speculative investing.

Based on its fundamental and price history, BOME looks like a project that can stand the test of time. However, we must reiterate that is a volatile and high-risk investment vehicle. While our Book of Meme price prediction(s) suggest that this new memecoin could gain massively in the future, it is important to approach BOME investing with caution.

References

  1. https://coinmarketcap.com/currencies/book-of-meme/
  2. https://www.coingecko.com/en/coins/book-of-meme  
  3. https://www.statista.com/statistics/1202468/global-cryptocurrency-ownership/
  4. https://arweave.org/
  5. https://ipfs.tech/
  6. https://finance.yahoo.com/u/yahoo-finance/watchlists/crypto-volatility-high/

FAQs

What was BOME’s highest price ever?

According to Coinmarketcap data, Book of Meme's highest-ever price was 0.02805 per token, recorded on March 16, 2024, about 48 hours after its official launch

Yes, BOME price is expected to go up in the months ahead. Its price gain could also improve further in the years ahead

BOME experienced a strong initial price surge immediately after its launch. Though price growth has slowed, BOME could still make substantial gains before the end of 2024

Based on our analysis, BOME price in 2025 could be as high as $0.047 per token

Depending on how the broader crypto market performs in the next couple of years, BOME’s maximum price in 2027 could be as high as $0.062 per token

BOME has the potential to reach a high price target of $0.152 per token by 2030. Of course, this will depend on how the project develops in the future

Considering its strong fundamental and long-term potential, we estimate that Book of Meme could reach a maximum valuation of $0.824 before the end of 2040

Though we can’t rule out anything, it is unlikely that BOME will reach the $1 anytime soon. It may take several years or even decades for the memecoin to reach this high price point

Yes, now could be a good time to buy the Book of Meme tokens. Based on our forecast, the price of the asset could rise significantly in the future. Buying now improves the chances of big profits

Book of Meme (BOME) can be considered a good investment because of its growth potential. We estimate that the token will appreciate in the future and reward holders meaningfully