Recent Crypto Market Update: BOME and PEPE Fall, SPONGEV2 Holds Promise
Tuesday, 19 March 2024, 15:43
Book of Meme Crashes After 21,000% Price Rise
Riding an enormous wave of hype, Book of Meme (BOME) captured the imagination of crypto traders, hitting an all-time high before plummeting 62%.
- The token is trading at $0.010.
- BOME’s market cap remains near $600 million, supported by $2.2 billion in trading volumes.
PEPE Plunges 40% After Reaching New All-Time High
Pepe (PEPE) crashed 40% over the past five days, now trading at $0.0000063.
- The token has returned to levels from the first week of March.
- The next major support level could be around $0.0000055.
Sponge V2 Looks Positioned to Rebound
Despite a recent decline, Sponge V2 (SPONGEV2) shows potential for a rebound with a minor support level at $0.0024 on the 1-hour chart.
- The project boasts over 51,000 token holders and offers a staking protocol with 416% APYs.
- SPONGEV2 leverages Polygon's scalability, potentially making it a cost-effective option for transactions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.