24-hour trading volume surges 3.5x! BOME goes on a rampage, jumping nearly 50%—is it a sign of a “demonic coin” taking off, or a buyer’s feast?
The long-established Meme coin, BOME, suddenly went wild today! In the past 24 hours, its trading volume has blown up 3.5 times, the price has surged nearly 50%, and it even climbed into the top three of the trending search list! Many people are starting to FOMO again, believing that the Meme season is about to fully return.
While both volume and price rising looks glorious, the key question is: where exactly did that amplified 3.5x trading volume come from?
For Meme targets like this, when trading volume suddenly explodes by several times and rockets into the trending list, it usually points to two things: first, the whales and early investors who are trapped are using the high heat to hedge, wash, and drive the price higher; second, countless retail traders rushing in because of the trending headlines are providing the liquidity for this rally! $BOME
The long-established Meme coin, BOME, suddenly went wild today! In the past 24 hours, its trading volume has blown up 3.5 times, the price has surged nearly 50%, and it even climbed into the top three of the trending search list! Many people are starting to FOMO again, believing that the Meme season is about to fully return.
While both volume and price rising looks glorious, the key question is: where exactly did that amplified 3.5x trading volume come from?
For Meme targets like this, when trading volume suddenly explodes by several times and rockets into the trending list, it usually points to two things: first, the whales and early investors who are trapped are using the high heat to hedge, wash, and drive the price higher; second, countless retail traders rushing in because of the trending headlines are providing the liquidity for this rally! $BOME