$BOME has also made it to the list of winners, but don't be fooled by it.
Sister Hui has always been skeptical of him. My impression of this coin is quite deep, as last year BOME surged to 0.01. At that time, the overall environment was good, and a friend was very optimistic about this coin. When it retraced to around 0.0085, he directly bought 10,000 USD in spot, and strongly recommended it to me. To be honest, I wasn't optimistic, but I didn't want to dampen my friend's spirits, so I symbolically bought 1,000 USD 😂
Later, when the tariff news came out, the entire cryptocurrency market fell sharply, and BOME also broke the key level of 0.0052. I bought a little, so it didn't hurt much. My friend had to suffer a painful loss, losing 40%.
At present, it seems my judgment was correct. BOME is almost the only meme coin listed on Binance that hasn't been pumped to the moon; it’s likely controlled by domestic players who repeatedly harvest profits.
Today’s rise to the list of winners is entirely due to the strong pull of SOL. BOME has been consolidating at the bottom for too long; a slight push can get it on the list and attract retail investors' attention.
But to be frank, this kind of coin has no real value, and the selling pressure from those trapped above is heavy. Retail investors who got cut are crying out everywhere, and the market sentiment is basically negative.
So I strongly recommend not to FOMO into buying. This type of coin will still have to go through a long washout cycle. Jumping in recklessly now carries a high risk, and once trapped, it can lead to deep losses.
