Charged Up by Electroneum’s Rally? This Presale Promises to Supercharge Your Portfolio

With digital payments becoming more popular, Electroneum is one of the exciting crypto projects enabling the use of cryptocurrencies for instant payments via smartphones. Electroneum’s revolutionary cryptocurrency payment system has attracted investors lately, resulting in a significant price rally. 

With an over 22% price increase in the last 7 days and a new high of $0.0023 per token, there are optimistic Electroneum price predictions among investors and market analysts. However, the token’s constant volatility may suggest otherwise. 

Electroneum (ETN) is Back to Green Days – Or Not?

Looking at the coin’s fundamentals, Electroneum’s recent price movements have been impressive. With a recent price rally that has been sustained over the past month, Electroneum seems like it’s back to green days. 

Having reached an all-time high of about $0.24 in 2017, ETN bulls are positive that the token’s recent rally may be the push it needs to kickstart a huge comeback. 

https://twitter.com/CedJackson6/status/1713498385167327533

For instance, ETN has experienced a 7.15% increase over the last 24 hours, resulting in an increase in its market capitalization, which now stands at nearly $43 million. 

But the Electroneum price increase didn’t come as a shock because the token has experienced more green days than red over the last 7 days and 1 month, respectively. As shown in the chart below, there has been a 28.31% increase in the ETN coin’s price one month from the press time – making it one of the best cryptos to trade right now. 

However, the significant number of red days in the ETN price chart shows that the fundamentals are not enough to determine the accurate Electroneum price prediction. As such, it’s crucial to have a more thorough understanding of the overall market sentiment toward the coin. 

Our detailed analysis of the technical indicators does not suggest a sustainable bullish market feeling among Electroneum traders. The coin’s summary over the last 24 hours shows a sell sentiment at 14, while the oscillators indicate a neutral sentiment at 9. However, the moving averages indicate a strong sell pressure at 13, as shown in the image below. 

The Electroneum 1-week technicals also show similar trends, with more indicators, including the exponential moving average and simple moving average, showing a “Sell” action. In other words, the market is neutral-bearish despite the recent Electroneum rally, and it’s safe to say there may be more red days to come, except more bulls take control of the market. 

However, while Eletroneum’s continuous price rally is questionable, the Meme Kombat presale offers an alternative to boost your crypto investment portfolio. Here’s why. 

Meme Kombat Attracts Investors With its Innovative P2E Feature 

Meme Kombat is a new gaming platform rocking the crypto gaming space. The innovative gaming project offers players and investors multiple opportunities for fun and investing. For instance, gamers can leverage the platform for an immersive gaming experience using artificial intelligence (AI). 

Thanks to its play-to-earn (P2E) feature, you can bet on meme characters during battles and win prizes if your selected meme wins. All the game outcomes are determined transparently using tamper-free on-chain results. Similarly, Meme Kombat runs on Ethereum, so players can get real-time updates and rewards. 

On top of that, the $MK platform allows users to earn passive income through staking. You can stake your $MK tokens for up to 112% annual percentage yield (APY). So, the potential of the Meme Kombat project doesn’t stop at having fun, as you can elevate your experience with the various perks it offers. 

The project team’s foresight and unique approach to Web3 gaming, combining active betting and passive staking, have resulted in massive attention for Meme Kombat, as investors are bullish on the $MK token. 

Earn $MK Staking APY During Presale

Though the fun of Meme Kombat doesn’t begin until the project fully launches, early investors do not need to wait for the battles to start before taking advantage of the $MK staking program. 

You stake your tokens and start earning rewards during the ongoing Meme Kombat presale. Like other staking projects, the amount of your staked tokens and staking period will determine your potential returns. But the Meme Kombat staking APY is capped at 112%. 

The Meme Kombat presale has been successful so far, raising over $500,000. 

Just sliding past 500k📈 We on our way 😈#MemeKombat pic.twitter.com/7b6H7ou3D4

— Meme Kombat (@Meme_Kombat) October 14, 2023

You can join the Meme Kombat presale and start earning passive income ahead of its full launch by visiting the official presale website and locking in $MK tokens. 1 $MK token is currently worth $0.1667, and you can buy at this discounted price using ETH or USDT before the price increases as the presale progresses. 

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