BinaryX’s Code Breaks Records! However, Meme Kombat Promises a New Era of Investment

Updated: 18 October 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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Binary X is a metaverse crypto project that thrives on a gamified economy powered by players, developers, and a solid community of investors. With its unique interoperable framework, Binary X has slowly become one of the fastest-developing metaverse projects.

Over the previous 7 days, the Binary X (BNX token) has experienced over 12% growth, resulting in an increased 24-hour trading volume of over $26.6 million. However, with the double-digit negative growth over the last 24 hours, can BNX sustain its record-breaking momentum?

Binary X Bulls Can Drive the Token to New Highs

Day traders and other short-term crypto traders with a high appetite for risk can look to BNX, considering its massive returns over the past month. In the last month, the coin’s price has gone up by nearly 24%, resulting in expert predictions backing the token to break new highs.

At the same time, Binary X had nearly perfect green days over the previous 7 days. The price movement has seen the token’s value increase by over 12%, with a current price of $0.26. The double-digit growth in the BNX price makes it one of the best cryptocurrencies to buy right now.

However, Binary X’s price performance over the last 24 hours suggests a fall in demand, as there has been a 13.58% decline in its price during this period. As such, investors are losing the profits they accrued over the past month, with further decline imminent based on the continuous red candlesticks.

The reason for the current drop in the price of BNX is unclear. However, there are reports that suggest it’s due to the project’s new liquidity partnership with DWF Labs – in which DWF is getting a loan from Binary X.

Tweet says BNX to the moon. Yes 😂😂🤣😂😂😂.

— vipin gupta (@ImVipinGupta) October 17, 2023

The charts indicate that correction may be imminent. However, a further look at the coin’s technical analysis shows that the price drop may be temporary, as bulls still control the market.

For instance, the coin’s 24-hour trading data from TradingView shows that the market summary indicates a “Buy” sentiment at 9 and a “Sell” sentiment at 6. The moving averages (MA) also show a “Buy” action at 10, and oscillators have a neutral sentiment.

Overall, the technicals suggest a neutral-bullish market, with more buy pressure from major market indicators. In other words, the current price drop may be due to volatility, and BNX may return to green days within the next few hours.

Nonetheless, it’s crucial to note that these are speculations based on previous market data, and nothing is certain as far as our Binary X price prediction is concerned. Investors looking to diversify their crypto portfolios for less risk can consider Meme Kombat – the meme coin of the moment.

Meme Kombat Offers Up to 112% APY: Attracts Gamers and Investors

Meme Kombat is a revolutionary cryptocurrency gaming project that strategically combines fun with income opportunities for its users. The new play-to-earn (P2E) innovative meme project allows players to bet on various memes from its catalog, hoping their selected memes win the battle.

So, instead of the typical non-fungible tokens (NFTs), Meme Kombat spices things up with memes.

You can pick one to fight alongside you, the rest are against you.

Who you picking? ⚔️ pic.twitter.com/sZOGmoFEss

— Meme Kombat (@Meme_Kombat) October 17, 2023

Like regular online betting platforms, your winning depends on the performance of the meme you choose when the combat is over. At the same time, another exciting feature of the Meme Kombat project is staking.

Investors can lock up their $MK tokens for staking rewards up to 112% annual percentage yield (APY). As usual, your potential returns depend on your number of staked tokens and the staking period.

In other words, the Meme Kombat platform is ideal for active bettors and crypto investors, especially those looking for passive income opportunities through staking. Unsurprisingly, the project has attracted gamers and investors with its unique features infused into Web3 gaming.

Join the Meme Kombat Presale to Access a New Web3 Gaming World

If you’re interested in being part of a new era of Web3 gaming and crypto investment, you can enjoy a fun and rewarding experience on Meme Kombat. The easiest way to access Meme Kombat is through its ongoing presale, where the project has raised almost $600,000.

The presale is going just great so far ⚔️

Thank you kombatants!$MK #MemeKombat pic.twitter.com/Vl3qd8rUCU

— Meme Kombat (@Meme_Kombat) October 17, 2023

Interestingly, you don’t have to wait for the presale to end before getting access to the $MK staking program. You can visit the presale website, buy some tokens at a discounted rate of $0.1667 per token, and start your lock-up period in one place.

Note that the token price will increase as the presale progresses. So, time is of the essence, as this project is causing massive FOMO among investors.

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