As a seasoned researcher with a deep understanding of the crypto market, I find today’s price rally of Notcoin (NOT) and Book Of Meme (BOME) intriguing. The significant surge in their prices, with NOT rallying nearly 20% and BOME surging 14%, is primarily linked to Coinbase’s recent announcement of extending support for the NOT and BOME tokens.
Today, June 14th, brought an intriguing turn of events as Notcoin (NOT) and Book Of Meme (BOME) cryptocurrencies experienced notable price surges. Amidst the broader market’s downward trend, NOT saw a nearly 20% increase in value, while BOME recorded a 14% price jump within the last 24 hours. This sudden growth can primarily be attributed to Coinbase’s recent decision to include support for both NOT and BOME tokens. Let’s delve deeper into this fascinating development.
Coinbase Adds NOT & BOME Perpetuals
As a researcher studying the latest developments in the cryptocurrency exchange market, I’m excited to share that Coinbase, a prominent global player in this space, has recently announced its plans to introduce support for Book of Meme (BOME) and Notcoin (NOT) perpetual futures on both Coinbase International Exchange and Coinbase Advanced. This addition is set to take effect from June 20, starting at 09:30 AM UTC.
The crypto tokens NOT and BOME are ready for a substantial price increase based on past trends following their addition as perpetual listings on Coinbase. Notable meme coins such as Shiba Inu, Floki, and BONK have previously experienced considerable growth after being listed perpetually.
Enthusiasm among crypto market players is running high regarding the potential price growth of NOT and BOME cryptos, fueled in part by the upcoming listing on Coinbase.
NOT & BOME Prices Rally
In the last 24 hours, the price of the token experienced a rise of 18.66%, reaching a current value of $0.02048. The lowest and highest prices within this timeframe were recorded at $0.01682 and $0.02146 respectively.
In the last 24 hours, BOME‘s price experienced a significant increase of 13.03%, reaching a value of $0.01089 at its peak. The token’s lowest point during this period was $0.009429, while its highest was recorded at $0.0113.
The data from Coinglass showed a notable increase in market momentum for Notcoin and BOME. The surge in Futures Open Interest for Notcoin was 8%, reaching $250.36 million, which was followed by a substantial rise of 12.60% in derivatives volume to $3.68 billion. Likewise, the Futures Open Interest for BOME grew by 14.69% to $92.90 million, and the derivatives volume experienced an impressive jump of 161.44% to $608.30 million.
At present, the data indicates a heightened interest from investors in the mentioned assets, resulting in an optimistic market outlook as of now.
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2024-06-14 17:51