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.