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- Good Cash whale predicts BOME would be the subsequent SHIB.
- The whale precisely predicted BOME’s rise, shopping for the memecoin earlier than Binance’s itemizing.
- BOME rallied over 300% inside hours, making the whale one of many high gainers.
In line with Lookonchain, the sensible cash on-chain platform, the whale who withdrew $2.3 million from Binance to purchase 314 million BOME predicts the novel memecoin would be the subsequent SHIB. The whale precisely predicted BOME’s current rise and purchased the memecoin earlier than Binance listed it on its platform.
In a current put up on X, the recognized whale famous it was not all bloom for him as an investor in crypto belongings. In line with him, a market downturn on March 15 precipitated him to panic over his capital in Binance Futures, the place he risked liquidation. Nonetheless, he shortly redirected his funding and purchased BOME, the Solana-based memecoin.
Though the whale supposed to protect his capital, he claimed to have modified his thoughts after observing a development in BOME’s recognition. In line with the BOME investor, the newly launched memecoin turned as well-known as SHIB throughout the cryptocurrency community, turning the supposed capital preservation right into a viable funding.
Following SHIB’s development sample and the similarity he noticed between the Shiba Inu memecoin and BOME, the whale claimed to have envisaged an analogous situation. Nonetheless, he famous that BOME’s scenario was extra intense, resulting in his determination to put money into the Solana-based memecoin.
BOME began buying and selling on November 16, 2024, for $0.00751, rallying over 300% inside the first few hours, in accordance with knowledge from TradingView. The whale’s account signifies he invested within the memecoin earlier than the rally started, making him one of many highest gainers from the rally. BOME traded for $0.0133 on the time of writing after pulling again from the preliminary rally and staging a restoration to the upside.
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