Welcome back into the 99 Bitcoins YouTube channel we will explore and Delve deep into the book of meme mem Coin today because since its Inception It of course had a massive Pump It Corrected but since you know the recent Upheaval and kind of small pullback we Have seen in the crypto markets well Actually bom is looking like it is Starting to consolidate within a healthy Looking uptrend almost like an ascending CH Channel now I've spotted a bit of a a Cup and handle pattern probably means Nothing but we could actually see more Upside here for bone $953 million market Cap guys that's not a lot for a major Meme coin it did hit 1.46 billion They're doing a lot of token burning a Lot of people out there also think this Coin can hit 5 cents and maybe even Remove that zero right there um but Overall I think this is an exciting one And we should still look at it even After its launch yes it has corrected But it doesn't mean it's a failed Project or anything like that obviously It's got a lot of accessibility from a You know a consumer point of view Retailers can buy on binance and other Big exchanges now if we look at this we Can see it has a market cap of 965 Million the volume on the 24 hours is Down quite a bit I would say but it's Not a terrible thing now can book of
Meme hit 0.05 that is one of the questions well Coin codex a prominent cryptocurrency Data and Analysis platform predicts bone Will hit 0.06 by the end of April of course that Is subjective but this is all Speculation around the Bitcoin harving Event that has the potential to Ripple And of course produce massive waves in The cryptocurrency markets now if we see This happen we might see Sheba go up Pepe go up and in turn bone could also Go up and you can see since it actually Hit that rock bottom over here at 0.09 it's down almost a 2X it has been Trading now sideways for a total of 16 Almost days which doesn't really feel Like that much to be honest but when we Actually kind of look at what's going on Over here for bone you can see that There is a bit of a cup and handle shape Kind of forming you've got that cup here You've got the handle on the right hand Side and as long as we cannot break the 0.017 um we might even get a bullish Reversal up to 0.0196 or something like That of course we could still see 0.015 happen which is kind of crap if it Does but that is a support threshold now If you're are new to the night9 Bitcoin YouTube channel do subscribe if you want To hit your crypto goals and dreams this 2024 and stay up to date with all the
Hottest stuff and stay in the note um But yeah we can see today looks like Unfortunately B is losing the support But it doesn't mean we'll see a full-on Drop down there is still upside Potential for this coin if we move to The Daily time frame things are starting To look good we had a red candle we're Seeing that second green candle um Previously it went green green green Green red green red red red we had three Green consective candles before this red One so we could still see some green Candles form but of course the selling Wick on this particular green candle is Looking quite strong compared to the Others um even though that actually had A huge one so anything can happen and it Really just takes the mean Market to go Wild once again for this particular coin To of course pick up some pace and Continue with its Parabola um so I do Predict that 0.02 is a realistic price target for This coin and if we were to really look Longterm for bone then you looking at These higher FIB levels the 2618 is that 0.06 price Mark the 1618 FIB is at 0.041 Price Mark so these are all numbers that Could potentially and in theory happen Especially if it does a 5x right so this Is the Twitter for Book of meme right Now they're growing 141.5 K followers Definitely growing more and more up a
Good few thousand since last time we Looked at it you can also see some data In numbers for Book of meme they're Actually burning tokens um salana bom Cumulative burn tokens you can see Another 25.8 million salana bone tokens Have been burned they're also doing Community events and look this is just From literally a week ago they already Had 25 million tokens burned within the Space of a week you could assume maybe 100 million per month and that would I Guess be like 10 million plus per year On Sana which I guess looking at the Overall Supply here so 100 million plus Per year we're looking at 727 1999 Million there 55199 billion ion so it Would take 10 years of course at this Current rate on the salana side to burn 1 billion and in 50 years therefore You' Only see 5 billion tokens burnt which Isn't really a significant thing to help Combat with inflation and to token Dilution but it's something to also like Think about and consider um in the Future but there may be many many more Ways that this token gets burned and I Could just be looking a very very small Thing here um Overall feeling like it's definitely a Good one now rolled out some merchandise To help with that brand awareness and Which is pretty cool got some hats some Bom hats and you can see as here as well
Over here look Mr Ribbit sold for 2.69 e That's $9,000 via the emblem Vault so That's kind of a cool looking um nft Right there Mr Ribbit nft damn I really Like that has a cool bit of art um also Just like they're posting just some Hilarious kind of memes what does it Even say um something of a squiggle Myself so yeah they're obviously putting Some candles out there some bullish Things could be happening for bone very Very soon and I think with coins like This they don't really have to try too Hard um you know they're big already They're already on bigger exchanges Platforms they just rely really on a few Good calls a few good articles and the Overall sentiment of the market at any Given time which right now we're not in An uptrend well we are in an overall Macro Trend but in the week on the 24 Hours things are still kind of like Trying to find their feet Um some coins are rebounding nicely but Overall we are still in a state of like You know what's going to happen next Lots of investors are feeling fear a bit Shaken out a bit worried um about what Might happen next as well in the market So that's of course deflecting any big Pumps right now for a lot of major coins But this could be an opportunity for Dollar cost averaging you know bom is Down a lot of coins are down right now
And what I always like to do is just go Here hit that 7-Day button and find coin Are down 20 30 40% and these could be Coins like optimism Singularity net um Aptos Phantom these are coins or say say For example down right now um wow look At that I mean if you caught the 0.68 That would have been nice so just find The coins of utility the coins that you Like and find the ones that are on Discount now Dogecoin 20 guys 16 days 22 Hours until this launches and we'll be Live on on International Doge day this Has 10 to 100,000x potential and you could make Some massive gains some absolutely Humongous parabolic gains with Dogecoin 20 not Financial advice but you can Connect your metamask wallet or whatever Wallet you want to do and grab some of These Doge 20 coins you can convert Either ethereum or tether directly into Doge 20 and this is effectively the new Dogecoin on the ethereum main net and um What they're doing is mitigating the Existing inflation with Dogecoin 20 Because it has trillions of tokens Dogecoin 20 only has 140 billion tokens So this is something very important of Course big Community 13,000 Twitter Followers already and this will be Launching in literally just 16 days guys So 16 days to get in to what could be The next huge 10 to 100,000x potential
It's going to say 1 million x there I Mean I've only seen a couple 1 million X's in my time here so I don't think It's going to be a 1 million x but you Know crazy things can happen in these Markets guys so Dogecoin 20 link is down Below do some research due diligence and Just check if it's a coin that you like If you are a meme coiner maybe you want To diversify your portfolio a bit um Because if you have 20 coins and you Kind of spread your liquidity across Surely a few of them are going to do Right you know a very good thing maybe a Couple will do 10 20x maybe a couple Will do not 10 20x maybe a you do 3 4X Maybe some will even go down and you get Negative Roi but as as long as you get 15 good ones maybe two bad ones and then Three you know amazing ones that Diversification is kind of what you want You want some good gains here you want a Few gains here a few gains here you Might have some losses here but overall You want an average to be up right so Taking different angles in the market Can be a good thing now Bitcoin harving 16 days 21 hours to go this could incre Create another massive wave for Bitcoin Crypto and overall just everything Blockchain and I think we're personally Preparing for that consolidating at this $2.5 trillion valuation in the markets Right now so overall looking good let's
Sit tight see what's going to happen and Guys I just want to say if you did join My Discord Channel Jacobs crypto Clan Recently did an early call on a a coin Called credify um got you guys in at 0.025 the price went to 0.045 then it Went to 0.054 and you can of course see This guy right here um you know thanking Me for what happened he said I already Sold the initial investment riding on The profit so he's now running free Profits if you do want to get into some Big opportunities and just over be part Of one of the fastest growing Cryptocurrency communities that exist Today 26,000 members we do trading Signals as you can see I've got Everything here pre-sales trading Signals straight to dexes um early calls There everything that you could need as A crypto man woman whatever you identify As um here please please do feel very Welcome to join you can join at any Level it is also free as well and there Are plenty of people that just come here For the free content too um but just Come say hi don't be shy hang out uh Make some friends in the crypto space And we're all there to talk to got some Incredible moderators as well and Hopefully see you um again very soon Guys that's my uh crypto Discord down Below and of course thank you again for Tuning in to another night9 Bitcoins
Video let's see what happens with bom uh I think it's a a good one to to be Looking at potentially subscribe and Like if you are new here and hopefully See you very very soon bye for now and Stay crypto safe