WIF, BOME Price Analysis: Can New Memecoins Flip SHIB This Cycle?

Meme coins built on the Solana blockchain including dogwifhat (WIF) and BOOK OF MEME (BOME) seem determined to dethrone Shiba Inu (SHIB). At press time, SHIB’s price had increased by 30.98% in the last 30 days. But that cannot be compared with the performances of BOME and WIF. Recently, WIF became the 30th most valuable […]

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WIF, BOME Price Analysis: Can New Memecoins Flip SHIB This Cycle?

  • WIF’s jump into the top 30 was a sign that it could flip SHIB this cycle.
  • The RSI on the WIF/USD chart indicated indecisiveness, suggesting that WIF might drop below $4.
  • BOME’s short-term EMA revealed a bullish trend, meaning the price could rise to $0.023.

Meme coins built on the Solana blockchain including dogwifhat (WIF) and BOOK OF MEME (BOME) seem determined to dethrone Shiba Inu (SHIB). At press time, SHIB’s price had increased by 30.98% in the last 30 days.

But that cannot be compared with the performances of BOME and WIF. Recently, WIF became the 30th most valuable cryptocurrency, flipping PEPE in the process. In terms of its price, data showed that WIF jumped 149.85% within the last month. BOME, on the other hand, climbed by an amazing 1,867%.

If the meme coins continue this momentum, then SHIB might not be the star performer of this cycle like it was in 2021. However, looking at the price potentials of the other two is important. 

WIF Price Analysis

WIF went through a stormy period on March 31 as the price tumbled from $4.76 to $3.81. However, the support bulls had built at $3.56 ensured that the decline was no more than that. Current…

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