Meme coins are riding a wave of strong tailwinds, thanks to Bitcoin’s push past the $66k mark on Monday.
For instance, the Book of Meme (BOME) price is up by nearly 35%, with the meme coin on the cusp of entering the top 100 crypto list on CoinMarketCap.
Similarly, the SPX6900 (SPX) coin has emerged as the latest meme coin sensation, soaring by over 3000% over the past month.
While sidelined investors are considering FOMO buying these meme tokens, experts have been suggesting a few low-cap alternatives like STARS and FLOCK, backing them as the best cryptos to buy now.
Is It Too Late To Buy SPX6900, BOME?
After taking a backseat to other Solana meme coins like Dogwifhat, Popcat and Bonk, the BOME coin appears to have finally started its upside move to new all-time highs.
Experts claim that Book of Meme at a market capitalization of just $675 million is undervalued, especially considering it is a Binance meme coin.
The BOME price has finally breached its multi-month downtrend, which typically is an extremely bullish signal for meme coins. Using Elliot Wave Theory for his bullish thesis, prominent crypto investor Bluntz (@Bluntz_Capital) projects that Book of Meme could soon reach the $0.03 mark, which would mean another 3x move from its current price.
wholeheartedly agree, nobody talking about it and the chart currently breaking out in a big way.so much higher imo.$BOME https://t.co/4Qrn4p2GwM pic.twitter.com/iXnRcNvsrl
— Bluntz (@Bluntz_Capital) October 14, 2024
Meanwhile, prominent crypto influencers like Murad are backing SPX6900, the latest meme coin sensation that is up by nearly 3000% over the past month.
While Murad claims that the SPX6900 – which is the highest conviction play for the supercycle – cou
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Author: Adrian Barkley
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