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The Meme Kombat price surged 85% in the past 24 hours to trade at $0.5247 as of 00:29 a.m. EST on trading volume that surged to $5.46 million.
It was among the top ten hot pairs on Dextools after launch, trending at number six.
The launch has set the tone for Season 1 of Kombat, where 11 characters, including Milady, Baby Doge, Pepe, Pepe 2, and others, will battle it out in virtual battles, with users having an opportunity to earn from wagering on these battles.
Meme Kombat Bullish, Set To Reclaim ATH
From its launch, the Meme Kombat price surged dramatically, which allowed it to hit an all-time high of $0.7574 before retracing back to the current price.
However, its highs and lows have continuously fluctuated within the confines of a symmetrical triangle, as the bulls aim to breach the upper boundary of the triangle.
MK is trading slightly below the 50-day Simple Moving Average (SMA), which supports the current price correction, evident with many tokens after launch before they prepare for a breakout. The Relative Strength Index (RSI) is also moving towards the 50-midline level, which shows signs of a trend reversal as investors increase their buys.
Meme Kombat Price Prediction
The Meme Kombat short-term analysis shows a bullish bias, as the bulls aim to capitalize on the symmetrical triangle pattern to soar the price.
The bulls are also eyeing the RSI as it crosses from the oversold regions, opening up avenues to surge the price as they aim to breach the existing resistance at $0.7574 to new highs.
However, if the bears continue exerting more downward pressure, the price may retrace slightly back to the support zone around $0.45.
Meanwhile, if you missed the Meme Kombat surge, Scotty the AI is emerging as a worthy dog-themed meme coin, with analysts saying it has the potential to explode on launch.
Scotty the AI Presale Raises $2.8 Million, Closing In On Its $3 Million Target
The Scotty the AI (SCOTTY) presale is amassing a huge following, with over $2.8 million already secured in early funding as it hurtles towards its target of $3 million.
💥Presale Update!💥
ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $2.7M
Well on our way to closing out presale and heading for that $100M marketcap.
Congratulation to all the early #Scottydogs in presale 👏
Buy Now: https://t.co/zRmy4g8hfW#BITCOIN… pic.twitter.com/xvWHXVMY2v
— Scotty The Ai (@ScottyThe_Ai) March 6, 2024
Based on the appeal of the Scottish Terrier, a dog known for its intelligence, SCOTTY aims to tackle different threats that cyber criminals pose in the crypto space by using different layers of AI innovation.
To add utility, the team has added Scotty Swap, a platform where you can carry out token exchanges in a fast and seamless manner. There is also ScottyChat, a chatbot that gives users market insights as well as analysis of market trends.
Buy And Stake $SCOTTY, 63% Annual Rewards
Additionally, you can stake $SCOTTY for an impressive 63% annual percentage yield (APY).
The CryptoNews YouTube channel say that SCOTTY has the potential to explode on launch.
You can participate in the presale by purchasing $SCOTTY tokens at a discounted price of $0.0075. There are less than 10 days left before a price hike, making now the best time to buy for quick gains.
To participate in the presale, you can buy the tokens from the Scotty the AI official website and exchange ETH or USDT for $SCOTTY. You can also make purchases using your bank card.
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