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The Beam price has jumped by 11% in the last 24 hours to trade at $0.0128 as of 2:06 a.m. EST.
Beam is riding on the GameFi narrative that has seen the crypto gaming sector boom in the last few weeks.
Now up $1,000,000 on my $MC buys.
Their new L2 $BEAM is generating a lot of FOMO and running with the GameFi narrative hard. The DAO's gaming investments are popping off too.
All tokens still in the same wallet I documented the first buy from: https://t.co/jDU0XQmeE7 https://t.co/5ftzgSEJpW pic.twitter.com/YD601Fa97I
— Donnie (@DonnieBigBags) December 4, 2023
Beam Price Prediction
Looking at 5-minute BEAM/USD charts, the Relative Strength Index indicator is on an upward trajectory as it approaches a cross-over above 50. This shows buying pressure on Beam as the token now heads for the overbought region.
The MACD indicator also moves in the green zone, showing fading bearishness on the Beam price.
The 50-period moving average has exceeded the 200-perio0d moving average. This shows buying pressure on the token as bulls dominate. Looking at volatility, the BEAM price faces low volatility levels, as shown by the Bollinger Bands, which are now moving at a close distance.
Meanwhile, with the Beam price recording significant jumps in the past 24 hours, Meme Kombat is not backing down as its presale continues to get more investors on board the project.
The MK presale has garnered over $2.4 million, with each MK now priced at $0.025.
$MK is now worth $0.225 per token!
And we passed $2.3 million raised in presale🤯 big things happening to the #MemeKombat community! pic.twitter.com/UpLgY3iD8P
— Meme Kombat (@Meme_Kombat) November 30, 2023
Beam Price Prediction: Is Meme Kombat’s MK a Better Investment?
Meme Kombat, an upcoming gaming platform, presents engaging battles featuring popular meme currency characters. The outcomes of these battles are dictated by the distinctive traits of each character, meticulously overseen by an artificial intelligence (AI) that monitors gameplay and ensures captivating visuals.
Players engage in these battles for the opportunity to earn coveted MK tokens.
To enter the world of Meme Kombat, players must acquire and stake MK tokens. This unique gaming environment allows players to gamble on Player-versus-Player (PvP) or Player-versus-Game (PvG) scenarios, adding excitement to the experience.
The results of these captivating battles are recorded on the blockchain, providing an immutable and transparent record of each gaming session. This commitment to transparency is coupled with choices that empower players to personalize their gaming experience, tailoring it to their preferences.
Players have the opportunity to accumulate additional MK tokens by earning rewards through unspent tokens, adding an extra dimension to the gaming ecosystem. This native coin engagement places the future MK price in a much better position to gain than the Beam price.
Meme Kombat’s Tokenomics
The 120,000,000 MK tokens are evenly distributed between initial financing and platform development. A breakdown reveals that 30% is allocated to staking and betting rewards, while 20% contributes to Decentralized Exchange (DEX) liquidity and community benefits.
Meme Kombat adopts a dynamic, seasonal approach, aligning with contemporary gaming trends. The platform’s inaugural season marks the commencement of a journey that evolves with user input, incorporating updated functionalities in subsequent seasons.
Recognizing the pivotal role of community in the success of player-versus-environment games, Meme Kombat strongly emphasizes cultivating a vibrant community of players and merchants.
The collaborative spirit ensures sustained engagement and fosters an environment conducive to competition and camaraderie.
Players seeking a fresh and exhilarating platform need look no further than Meme Kombat. Whether you are a seasoned gamer or a newcomer, Meme Kombat offers an enticing and immersive experience.
While the Beam price looks likely to climb higher, MK might be the better investment given its massive upside potential upon listing.
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