WIF, BOME Value Evaluation: Can New Memecoins Flip SHIB This Cycle? 

• WIF’s bounce into the highest 30 was an indication that it may flip SHIB this cycle.
• The RSI on the WIF/USD chart indicated indecisiveness, suggesting that WIF would possibly drop beneath $4.
• BOME’s short-term EMA revealed a bullish development, that means the value may rise to $0.023.

Meme cash constructed on the Solana blockchain together with dogwifhat (WIF) and BOOK OF MEME (BOME) appear decided to dethrone Shiba Inu (SHIB). At press time, SHIB’s worth had elevated by 30.98% within the final 30 days.

However that can not be in contrast with the performances of BOME and WIF. Lately, WIF turned the thirtieth most respected cryptocurrency, flipping PEPE within the course of. By way of its worth, information confirmed that WIF jumped 149.85% inside the final month. BOME, alternatively, climbed by a tremendous 1,867%.

If the meme cash proceed this momentum, then SHIB may not be the star performer of this cycle prefer it was in 2021. Nevertheless, wanting on the worth potentials of the opposite two is necessary. 

WIF Value Evaluation

WIF went by means of a stormy interval on March 31 as the value tumbled from $4.76 to $3.81. Nevertheless, the help bulls had constructed at $3.56 ensured that the decline was not more than that. At present, there was a resurgence within the bullish momentum because the token rose previous $4.

Regardless of the restoration, the 4-hour WIF/USD chart confirmed that the token has not but established a powerful thesis that might maintain the upswing.  This was evident within the Relative Energy Index (RSI) which struggled to remain afloat on the midpoint. 

Ought to the RSI climb towards 60.00, then WIF would possibly keep the northward transfer. Nevertheless, if the indicator studying falls, WIF’s worth would possibly slip beneath $4 yet another time. 

WIF/USD 4-Hour Chart (Supply: TradingView)

In the meantime, the Bollinger Bands (BB) displayed rising volatility, indicating there might be huge worth fluctuation. From a bullish perspective, the value would possibly rise towards $4.87. Alternatively, a bearish bias may pull WIF all the way down to $3.69.

BOME Value Evaluation

BOME’s worth elevated by 10% within the final 24 hours. Alerts from the Exponential Shifting Common (EMA) additionally confirmed that the bias across the token was bullish. This was as a result of the 20 EMA (blue) had crossed over the 50 EMA (yellow).

Nevertheless, merchants would possibly must be cautious. If BOME’s worth slips beneath the 20 EMA, the thesis may flip bearish within the brief time period. Ought to this be the case, the value of the meme coin may drop to $0.012.

Alternatively, a bullish forecast for BOME locations the value at $0.023. If that is so, the market cap of the token may also climb above the place it stood.

BOME/USD 4-Hour Chart (Supply: TradingView)

In conclusion, it may not be simple to take Shiba Inu off its place. Nevertheless, it’s not inconceivable. However for that to occur, the costs of WIF and BOME must do mind-blowing numbers.