BOME is now Dropped 70% From their listing high in Binance. The coin continuosly falling and every hour creating a full red candle. With Top holders booking their profits and new memes taking place is it still a buying option
🔆 Whales Booking Profit
March 17th, BOME's largest personal holding address, sundayfundday.sol (AcLH...ST8z), sold 190 million BOME into 19,600 SOL through Raydium, with a current value of approximately $3.62 million. Currently sundayfunday.sol still holds 1.242 billion BOME, worth approximately $29.8 million.
March 19th, Past 9h, the largest BOME holding address sundayfunday.sol sold 340 million BOME tokens again, earning a total of 18,660 SOL, with an average selling price of $0.0107, and a profit of $3.62 million; the address still holds 900 million tokens, due to BOME' price has fallen sharply, its assets have shrunk to $8.38 million.
✴️ SLERF Overtakes BOME
SLERF's market value has surpassed BOME and become the eighth largest MEMECOIN, with a market value of US$612 million. Exchanges such as BingX, HTX, and Bitget announced that they will donate all transaction fees generated from SLERF transactions to support the SLERF community. As of 14:00 (UTC+8), the donation address for SLERF (fCuw5p…iX3Pzb) has received over 2,300 SOL (worth approximately 430,000 USD) and about 16,000 USD in various SPL tokens.
💥 70% Token Held By 10 Wallet
$BOME Seems live have a very centralised assets distribution. The 70% token held by 10 entities. Biggest being Binance, the exchange hold dlso half of the $BOME in their wallet. And these numbers aren't considered Great. When any Assets having these kind of holdings you'll see lots of Manipulation and price fluctuations.
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BOME is fun and unexpected coin, just 2days after launched it placed in some of world's biggest exchanges. The rally was enormous so the drop. We think I'll drop further because the attention shifted into another Memecoin. If you want to enter please wait for a better time when Memecoins are stable and new narrative kicks in.
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