I've previously mentioned three coins:
$ETHFI , $WIF , and $BOME . If these are in your portfolio, you're likely experiencing positive outcomes, especially if you got in early on #ETHFI.
Now, let's focus on recent gains from #BOME, as it hasn't received much attention lately:
1💥. The recovery week: We're currently witnessing a recovery week, with ETHFI leading the way. Therefore, it's normal to expect gains from coins like BOME and WIF during this period.
2💥. The meme hype: With the market recovery and the frenzy around meme coins, it's natural to anticipate gains from hot meme coins like BOME.
3💥. The decline of ETHFI: Many ETHFI holders are diversifying into WIF or BOME for valid reasons. As ETHFI enters a downward trend, it's logical for investors to shift focus to other assets.
4💥. Period of dormancy: After a prolonged period of sideways movement lasting nearly 10 days during a market downturn, it's not surprising to see a strong bounce-back. The convergence of a recovery market and meme coin hype makes this bounce-back particularly noteworthy.
5🚨. Consolidation at $0.0012: ETHFI has shown strong consolidation around this price point for almost a week, indicating stability in its value.
Regarding WIF, similar dynamics may apply, and I'll explore that shortly.
