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The Memecoin price has surged 20% within the last 24 hours to trade at $0.032 as of 1:00 a.m. EST.
According to ‘CryptoBoss,’ a renowned crypto analyst, MEME has formed a bullish Adam and Eve pattern, signifying a bull run on the Memecoin price in the short term.
$MEME Update: adam eve pattern breakout and retest done, send it 🚀🚀🚀 https://t.co/T03zA2BJqO pic.twitter.com/jS095salf2
— CryptoBoss (@CryptoBoss1984) November 26, 2023
Memecoin Price Prediction
Looking at the 15-minute MEME/USD charts, the 50-period moving average has exceeded the 200-period moving average, showing buying pressure on the token. This points towards a bullish short-term on the Memecoin price as the Relative Strength Index indicator moves upward as it approaches re-entry into the overbought region. This shows bullishness on the Memecoin price as the MACD indicator also moves in the green zone, backing the bull prospects.
Looking at volatility, the Bollinger Bands are currently far apart, showing high volatility on the Memecoin price. This results from increasing trading activities that have seen the trading volume surge by 136% within the last 24 hours.
Meanwhile, as the Memecoin price skyrockets, the new Meme Kombat (MK) token could be posed for 1000x gains upon launch as its presale makes waves with enormous adoption from investors and the community. The presale has now raised over $2 million as it approaches its $2.5 million target and some even have called it a potential Pepe coin killer.
Ladies and gentlemen…
We got it. pic.twitter.com/VLHNzRe3EM
— Meme Kombat (@Meme_Kombat) November 25, 2023
Memecoin Price Prediction: Is Meme Kombat’s MK The Better Meme Coin?
Meme Kombat pits the most famous meme currency characters against 11 combatants with diverse talents, strengths, and weaknesses. Meme Kombat uses the native MK token instead of NFTs.
Battles will be governed by an AI that handles gameplay and visuals. The AI will use character traits and in-game elements to determine fight outcomes. Players wager on match winners to earn MK. Players must buy and stake MK tokens to play Meme Kombat.
Then, use some of the staked tokens to wager against other players or the game.
Both categories contain traits that may be tailored to each player. Players fight in PvP battles by placing MK tokens on the table. However, PvGame confrontations entail probabilistic bets. Real-time fight betting will also be accessible.
Users may strategize and forecast combat outcomes in PvGame betting. Combat and bet outcomes will be recorded on the blockchain for maximum transparency. Staked tokens not utilized for betting earn MK token incentives. This engagement places the future MK price at an advantage over the Memecoin price and many others.
Meme Kombat has a total quantity of 120 million MK tokens, 50% of which were allocated to enable the team to build the platform. Another 30% is for staking and betting, and 20% is shared evenly for DEX liquidity and community awards.
Meme Kombat appears poised for substantial growth once it becomes publicly available after the conclusion of its presale. Notably, the project has undergone a comprehensive audit by Coinsult and is spearheaded by its seasoned founder, Matt Whiteman.
So, while you check out the Memecoin price movements for potential investments, remember to check out Meme Kombat’s MK.
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