Beam Price Prediction: BEAM Surges 30% And Races Past $1 Billion Market Cap, But Analysts Say Consider This GameFi Presale For Explosive Gains

ByLockridge Okoth

Updated: 14 December 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Beam price is up 30% in the last 24 hours to trade for $0.0264 as of 2:10 a.m. EST time, backed by a 70% surge in trading volume.

The surge has springboarded BEAM from position 62 to 57 on CoinMarketCap list of tokens ranked by market capitalization. This trajectory has BEAM trending on crypto X as its market cap now stands well above $1.24 billion.

$beam is trending at the moment

definitely @beamprivacy cooking smth pic.twitter.com/PhNouiGKNx

— Bruce 🐉🀄️ (@BruceApeLee) December 14, 2023

Meanwhile, analysts are looking at MK with expectation, anticipating a similar explosion as the token takesthe meme coin space by storm.

Beam Price Prognosis

Beam continues to pump hard, attempting to break above a market range measured from $0.0029 to $0.0274. Technical indicators show that the bulls are still in control. Evidence of this is seen in the northbound Relative Strength Index (RSI), showing momentum is rising.

Similarly, the histogram bars of the Awesome Oscillator stand tall in green shade, accentuating the bullish outlook.

Increased buying pressure above current levels could see Beam price clear the $0.0274 barricade to record a higher high at $0.0300.

On the other hand, if profit booking abounds, Beam price could descend, retracing the 70% Fibonacci level at $0.0202. An extended slump could see Beam price revisit the most important Fibonacci level, 61.8% at $0.0181.

If these levels fail to hold as support, Beam price could extrapolate the fall, potentially testing the 50% Fibonacci level of $0.0152.

Nevertheless, for the bullish outlook to be invalidated, the Beam price must record a decisive candlestick close below the 23% Fibonacci level of $0.0085.

Meanwhile, MK is getting much attention, steadily climbing the ladder in the meme coin sector. According to analysts, it’s a threat to the dominance of sector giants PEPE, SHIB, and DOGE, amid growing attention and interest in its innovative gaming design.

Promising Alternative To BEAM

MK is the ticker for the Meme Kombat ecosystem, the hottest stake-to-earn gaming meme crypto. On track to become the investors’ top pick in 2023, the project is in the presale stage, with upwards of $2.99 million already in the bag out of the $3.5 million target.

Investors looking to buy MK can do so on the website, where each token is selling for $0.235. This price tag will only stand for the next few hours before the price increases. Do not miss out as the price is going to increase to $0.246.

12 hours until $MK rises to $0.246

⏰⏰⏰ pic.twitter.com/ysFT4ZkjUy

— Meme Kombat (@Meme_Kombat) December 14, 2023

Token holders have a chance to make money out of their holdings even before the presale ends. This is because the staking dashboard is already live.

📣 Major Update 📣

The Meme Kombat Staking Dashboard is officially live and ready to be used by you!

Take a break from Kombat and visit the staking dashboard here: https://t.co/nNFEYESjPs pic.twitter.com/yswl0esb4G

— Meme Kombat (@Meme_Kombat) November 9, 2023

Staking rewards have reached over 2.836 million with stakers getting Annual Percentage Yields (APY) as high as 286%. So far, 73% of the entire Meme Kombat token bucket has already been staked.

Do not wait for battles, begin earning APY on MK tokens today by buying the presale. This is one of the most important utilities of the project, that you do not just buy and trade. Instead, let your tokens work for you by staking them and betting on battles for the chance to win big.