Cryptocurrency exchange giant Coinbase announced that it has switched perpetual (perpetual) futures contracts for Book of Meme (BOME) and Not coin (NOT) to “order only” mode on its platform. Following this announcement, there were remarkable price increases in both cryptocurrencies. Thus, BOME and NOT managed to attract the attention of the crypto community.
Book of Meme received support from Coinbase
Book of Meme (BOME) is an innovative “meme coin” project running on the Solana blockchain. Created by crypto artist Darkfarms, the project aims to create a digital archive of “memes” that have become an indispensable part of the internet. BOME uses advanced technologies such as Arweave and InterPlanetary File System (IPFS) to perform this archiving in a decentralized manner. More than just a fun initiative, the project integrates real-world technologies to preserve digital culture. Darkfarms also plans to integrate with the Bitcoin blockchain in the future, promising continued innovation in the field of digital archiving.
cryptokoin.com As we reported, BOME, the native token of the BOME platform, encourages users to participate in decentralized storage activities and is traded on many cryptocurrency exchanges. At the time of writing, BOME price rose by 3.41% to $0.008828. BOME had previously achieved a historical success among meme coins by reaching a market value of $1 billion with an astronomical rise. The latest price increase reveals the increasing interest and confidence in the unique vision and potential of the project.
Increase in NOT coin price
Notcoin (NOT), on the other hand, exhibited a more volatile performance in the market. Despite experiencing a bearish trend over the past week, the token has shown significant resilience and growth potential. Looking at its performance over the last month, the Notcoin price has gained an impressive 130%, indicating an overall upward trend. The current trading range for NOTE is between $0.015 and $0.021. Latest market trends point to a bear market.
Analysts warn that if a bear market prevails, the value of the NOTE may find support at $0.015, while in a prolonged decline it may fall to $0.012 or even $0.01. However, in an unexpected development, the Bitcoin price rose to $0.01591 today, strongly breaking the bear market trend. The increase in price and market value for Book of Meme demonstrates investors’ confidence in the project’s unique approach. The integration of technologies such as Arweave and IPFS places BOME at a leading position in the meme coin space, combining a fun element with tangible technological solutions.
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