1. Current Price and Market Performance
- Current Price: $0.0103 USD.
- 24-Hour Change: Decreased by 5.82%.
- Market Capitalization: Approximately $713.97 million USD.
- 24-Hour Trading Volume: Around $341.78 million USD.
2. Price History
- All-Time High: $0.028 on March 16, 2024.
- All-Time Low: $0.0000585 on March 14, 2024.
3. Recent Price Volatility
- In the past 7 days, BOME's price has increased by 17.28%.
- In the past 30 days, the price has increased by 6.51%, but decreased by 23% over the past 60 days.
- BOME's price shows high volatility, reflecting significant market interest and speculative activity.
4. Circulating Supply
- Total Supply: 68.96 billion BOME.
- Circulating Supply: 68.96 billion BOME.
5. Risk Analysis
- BOME is considered to have high liquidity, with a volume-to-market cap ratio of 0.47871.
- In the past 30 days, BOME had 15 positive trading days, which is 50%.
### In-Depth Analysis ###
1. Price Volatility and Liquidity
- Price Volatility: The high price volatility of BOME indicates instability and a high degree of speculation. This can be attractive for short-term investors seeking quick profits but also presents significant risks.
- High Liquidity: High liquidity makes BOME easy to trade and reduces liquidity risk for investors.
2. Market Position and Popularity
- Market Cap Ranking: With a market cap ranking of #95, BOME holds a solid position among the top 100 cryptocurrencies.
- Popularity: As a meme coin, BOME leverages its popularity and strong community to maintain and increase its value.
3. Growth Potential and Risks
- Growth Potential: If the BOME community continues to grow and attract more investors, its price could continue to rise. However, this also depends on external factors such as regulatory changes and overall market trends.
- Investment Risks: BOME carries substantial risks due to its high volatility and nature as a meme coin, relying heavily on market attention and interest.
