BOME Price Rallies 220% After This Binance Announcement
The Book Of MEME (BOME), a Memecoin built on the Solana blockchain, has experienced a significant price surge, reaching over 145% overnight and 220% earlier. This surge can be attributed to Binance’s announcement, which has introduced the USDS-M BOME Perpetual Contract on Binance Futures, offering leverage of up to 50x.
This move expands Binance’s trading offerings and injects fresh momentum into BOME’s price trajectory.
The perpetual contract, set to launch on March 16, 2024, enables traders to leverage up to 50 times their initial investment, amplifying potential gains in the cryptocurrency market.
This announcement comes after Bybit revealed Spot listing for BOME/USDT pairs on its platform, bolstering investor confidence in BOME’s potential and setting the stage for further growth in the near term.
(With inputs from Shikha Singh)
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