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</div></div></div><p><span style="font-weight: 400;">The Book of Meme price </span><a href="https://geckoterminal.com/solana/pools/DSUvc5qf5LJHHV5e2tD184ixotSnCnwj7i4jJa4Xsrmt"><span style="font-weight: 400;">dropped</span></a><span style="font-weight: 400;"> by more than 15% within the past 24 hours, trading at $0.009274 as of 11:28 p.m. EST, as investors liquidate their positions in the </span><span style="font-weight: 400;">meme coin</span><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Despite the significant decline, the BOME price has risen over 43% in the last week.</span></p>
<h2><span style="font-weight: 400;">The Book Of Meme Price Loses Key Support Level</span></h2>
<p><img decoding="async" src="https://s3.tradingview.com/snapshots/8/8UDSL9R8.png" alt="BOME Chart Image"/></p>
<p><span style="font-weight: 400;">4-hour chart for BOME/USD (Source: </span><a href="https://www.tradingview.com/x/8UDSL9R8/"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">)</span></p>
<p><span style="font-weight: 400;">The </span><span style="font-weight: 400;">Book of Meme</span><span style="font-weight: 400;"> price has fallen below the $0.009375 support level in recent hours. If it fails to recover above this critical threshold, it could lead to a drop to as low as $0.008388 in the near term.</span></p>
<p><span style="font-weight: 400;">Conversely, if the Book of Meme price regains the $0.009375 support, it may attempt to convert the $0.010465 resistance into support. A breakthrough above this level might see BOME climb to $0.011452.</span></p>
<h2><span style="font-weight: 400;">Technical Indicators Suggest Continued Decline for The Book Of Meme Price</span></h2>
<p><span style="font-weight: 400;">From a technical standpoint, indicators on BOME’s 4-hour chart suggest that the meme coin’s price might keep declining in the upcoming trading day. </span></p>
<p><span style="font-weight: 400;">In the last 12 hours, the Moving Average Convergence Divergence (MACD) indicator displayed a notable bearish signal, with the MACD line falling below the MACD Signal line during this interval. This occurrence is generally viewed as a sign that a cryptocurrency is in a downtrend.</span></p>
<p><span style="font-weight: 400;">With the distance between the MACD and MACD Signal line widening, it appears the bearish pressure on the Book of Meme price is not subsiding just yet.</span></p>
<p><span style="font-weight: 400;">Furthermore, the Relative Strength Index (RSI) is descending towards the critical 50 mark. Although it currently maintains a bullish position in the high 50s, the downward trend of the indicator warns that this could change soon. Should the RSI dip below 50, it might indicate that sellers are outpacing buyers on BOME’s 4-hour chart.</span></p>
<p><span style="font-weight: 400;">As technical indicators hint at a further decline for the Book of Meme price, investors may want to consider the presale for Layer 2 meme coin </span><span style="font-weight: 400;">Pepe Unchained (PEPU)</span><span style="font-weight: 400;">.</span></p>
<h2><span style="font-weight: 400;">A Supercharged PEPE Poised for Launch In the Crypto Market</span></h2>
<p><span style="font-weight: 400;"> Until now, enthusiasts of the frog-themed token PEPE have faced high fees and sluggish processing times on the crowded Ethereum network. Enter PEPU, boasting its dedicated Layer 2 blockchain.</span></p>
<p><span style="font-weight: 400;">As more tokens enter the crypto realm through the Ethereum ecosystem daily, the demand for alternatives has grown. Pepe Unchained aims to liberate PEPE from Ethereum while boosting transaction speeds by a factor of 100. Besides faster transaction speeds, PEPE supporters will also be able to send and receive crypto at significantly lower costs.</span></p>
<p><span style="font-weight: 400;">The initiative will also open its network to the broader meme coin domain, ushering in a more scalable era for tokens in this lighthearted sector of the crypto world. </span></p>
<p><span style="font-weight: 400;">Pepe Unchained will introduce high utility levels, something that the meme coin sector is currently lacking. Beyond enhanced speeds and reduced transaction costs due to its layer 2 features, the project has recently launched a developer grant program. </span></p>
<p><span style="font-weight: 400;">Approved developers will soon have the opportunity to build decentralized applications on the Pepe Unchained network, unlocking new use cases for the chain and enhancing overall utility in the meme coin ecosystem.</span></p>
<p><span style="font-weight: 400;">Analysts express bullish sentiments regarding Pepe Unchained. Notable YouTuber ClayBro stated in a video to his 170K subscribers that the project is already being likened to PEPE, which stands as the third largest meme coin with a market cap exceeding $4.38 billion.</span></p>
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<h2><span style="font-weight: 400;">Closing In On $20 Million In Presale</span></h2>
<p><span style="font-weight: 400;">Pepe Unchained is nearing the $20 million milestone in its presale as investors place significant bets on the project's future potential. This fundraising effort includes a series of recent acquisitions by whale investors.</span></p>
<p><span style="font-weight: 400;">In addition to its high utility, layer 2 capabilities, and optimistic analyst predictions, a staking yield of 112% annually is also attracting investors.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="11">
<p lang="en" dir="ltr">As if crafted in a lab, PEPU is absolutely perfect.</p>
<p>As you can see, it’s the complete package.</p>
<p>🐸💪💪💪💪🐸 <a href="https://t.co/eZ9EjWpgBB">pic.twitter.com/eZ9EjWpgBB</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1846276384487813591?ref_src=twsrc%5Etfw">October 15, 2024</a></p></blockquote>
<p><span style="font-weight: 400;">Anyone can participate in these staking rewards by purchasing and staking PEPU through the project’s website. Priced at $0.00999, PEPU can be acquired using ETH, USDT, BNB, or a bank card. </span></p>
<p><span style="font-weight: 400;">Prospective investors should consider buying before a price increase occurs in less than 19 hours.</span></p>
<p><span style="font-weight: 400;">Acquire PEPU tokens here.</span></p>
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</div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>BOME Drops 15% as New Meme Coin Approaches $20M Presale[embed]https://www.youtube.com/watch?v=ReZ_OMe4vIQ[/embed]
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