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Will BOME Displace BONK With Double Digit Flows?

Release: 2024/05/17 03:05 Reading: 367

Original author:CryptosHeadlines.com

Original source:https://coinmarketcap.com/community/articles/664654151a579205ef484ec8

Will BOME Overtake BONK with Double-Digit Inflows?

Bonk (BONK) and Book of Meme (BOME) are prominent memecoins, with some users favoring BONK's inflows.

BOME's Resurgence

BOME has experienced a surge in inflows following the positive United States Consumer Price Index (CPI), which has shifted market sentiment.

Broader Market Recovery

The wider cryptocurrency market has witnessed renewed flows, with Bitcoin reaching $66,000. This bullish momentum has triggered a rally in memecoin prices.

BOME vs. BONK

Both BOME and BONK have seen inflows, offsetting some of their previous losses. However, despite BONK's larger market cap, BOME has recorded more significant short-term inflows. Bulls anticipate further flows comparable to those observed in Q1 2024.

Current Market Cap

At the time of writing, BONK is the sixth largest memecoin by market cap, while BOME is a close seventh.

BONK #PEPE #Senate #BitcoinETF #SEC $BONK $PEPE

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