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Refund (REFUND), a potential up-and-coming cryptocurrency, achieved a 24-hour gain of more than 18%. According to data from the decentralized market tracking platform, DEX Tools, the price of REFUND changed hands at $0.00000002185.
Early Growth
Although REFUND is a new cryptocurrency project, it is gaining rapid gaming traction. According to a post shared by the team’s official X page, the altcoin has already reached the 1,000 holders milestone.
https://twitter.com/RefundCoinErc20/status/1714458984327905701
Since the post was published, the number of addresses holding REFUND has risen to 1.070. With the uptick in holders, the cryptocurrency already boasts a daily trading volume of around $590,000. Meanwhile, the project announced earlier today that users can start staking REFUND.
https://twitter.com/RefundCoinErc20/status/1714776377377890445
Technical Overview
Daily chart for REFUND/USDT (Source: TradingView)
From a technical perspective, a symmetrical triangle had formed on REFUND’s 4-hour chart after the altcoin was rejected by the $0.00000002 price point earlier in today’s trading session. This specific chart pattern suggests that the cryptocurrency’s price may enter into a strong move in the next few days.
Should this move be towards the upside, REFUND’s price may attempt to flip the $0.00000002 resistance level into support. A daily candle close above this mark may provide the altcoin with the foundation needed to rise to the subsequent threshold at $0.00000003.
Conversely, a negative breakout could lead to the altcoin’s value plummeting to $0.00000001 in the coming days. As members within the cryptocurrency space keep an eye on refunds in the next few weeks, Meme Kombat is busy attracting all of the market’s savvy investors.
Meme Kombat Could Soon Become the Meme Coin Gaming Leader
Meme Kombat is a meme-inspired gaming platform that is designed for gaming enthusiasts. At the heart of the platform is their native token, MK, which is currently in its presale. According to the project’s website, the presale has already raised over $588 million, with the MK token selling for just $0.1667.
Staking Coming Soon
The Meme Kombat team revealed on their official X page yesterday that MK holders will soon be able to stake their tokens.
Staking dashboard will be live soon fighters 🥳🎉#MemeKombat $MK pic.twitter.com/sCSG17bfOb
— Meme Kombat (@Meme_Kombat) October 18, 2023
The staking dashboard is just one of the several ways MK holders can earn rewards on the platform. MK holders can also actively bet on battles within the Meme Kombat ecosystem to stand a chance to earn regular rewards. Most of these battles will take place regularly, while some battles will be more hyped. By placing bets on the latter, MK holders will stand the chance to win substantially larger prizes.
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