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In an intriguing flip of occasions, following an almost 320% rally witnessed by the Solana-based meme coin BOME, Binance, the world’s main cryptocurrency change, lately revealed plans to checklist the token on their platform, promptly garnering important consideration throughout the worldwide crypto realm. Amid this eye-catching chronicle’s emergence immediately, a dealer’s colossal BOME accumulation sparked considerations over insider data as an unknown tackle withdrew 314 Million BONK yesterday, earlier than Binance unveiled plans to checklist the meme token’s perpetual contract, adopted by its itemizing.
This echoed a way of frenzy throughout the broader crypto market as this dealer stays poised to nab colossal income. Meanwhile, the Book Of MEME crypto continues to make ripples throughout the cryptocurrency panorama, consistently surging upward as of press time.
Binance’s Listing Sparks Curiosity
According to Binance’s statement, the agency plans to checklist Solana-based meme token and open buying and selling for particular spot buying and selling pairs beginning March 16 at 12:30 UTC. These particular spot buying and selling pairs embrace BOME/BTC, BOME/USDT, BOME/FDUSD, and BOME/TRY. While customers can begin depositing BOME, readying themselves for buying and selling, withdrawals for a similar are set to begin on March 17 at 12:30 UTC. With Binance additional setting the itemizing price as 0 BNB, the CEX showcases inclinations to assist the Solana-based meme token’s itemizing.
Meanwhile, with Binance’s itemizing chronicles having noteworthy results on a token’s worth motion, crypto market fanatics extensively eye the BOME token and its upcoming itemizing. Earlier immediately, whereas the costs surged 200%, Binance introduced plans to launch the USDS-M BOME Perpetual Contract on Binance Futures, boasting leverage of as much as 50x. Following this announcement’s surfacing, coupled with Binance’s upcoming itemizing’s announcement, BOME’s worth rallied practically 320%, nabbing international consideration.
Meanwhile, as seen in Binance’s earlier itemizing sagas, comparable to RONIN and BLUR, costs showcase fairly the volatility following a token’s itemizing on the platform. Notably, RONIN plunged remarkably after its itemizing on Binance, whereas BLUR soared phenomenally. This birthed a tidal wave of speculations on BOME and its worth motion forward as Binance’s itemizing looms.
Simultaneously, the dealer’s colossal 314 million BOME accumulation with no selloffs but fuels speculations over additional pumps, with insider data doubtlessly aiding the dealer.
Binance will checklist Book of Meme ( $BOME )
This man actually is aware of one thing!https://t.co/6EwL4QmG13 pic.twitter.com/POL1chaFwh
— Lookonchain (@lookonchain) March 16, 2024
Also Read: Solana (SOL) Price To Hit $210 Or Correction To $180 Ahead?
BOME Price Rallies
As of writing, the Book Of MEME crypto’s worth famous a staggering 323.62% uptick over the previous 24 hours and is at the moment buying and selling at $0.01931. With a stockpile of chronicles weighing in on BOME’s surge, the meme token paints a bullish panorama for itself throughout the broader crypto market.
Bybit, one other famend cryptocurrency change, lately revealed spot itemizing for BOME/USDT pairs on its platform, including to the market optimism orbiting BOME. With a broader uptrend noticed throughout Solana, the meme token continues birthing bullish ideas throughout the cryptocurrency realm.
A staggering 3353.39% surge within the token’s open curiosity, accompanied by a quantity rise of 18903.37%, per Coinglass‘ knowledge, additional hinted at a considerable uptrend available in the market, aiding the BOME token in driving a bullish wave.
Also Read: Bitcoin Cements Dominance Over Gold, Records $23.6B Net Inflows
The offered content material might embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty on your private monetary loss.
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