Metadium Makes Moves in the ID Space, Climbing Steadily. However, Meme Kombat Might Just Redefine the Meme Coin Game

Metadium is a platform for verifying identities, authenticating users, and handling cryptocurrency transactions. It provides solutions for compliance with Anti-Money Laundering (AML) and managing risks.

As of 9:05 a.m. EST, the token’s price is trading at $0.048, reflecting a 22% surge over the past 24 hours. Over the previous week, there was a notable 109% increase. The daily trading volume has also reached $260 million, marking a substantial 76% gain.

META has been on a consistently positive trajectory, finding robust support around the $0.032 level, which coincides with the 200-day simple moving average. Yet, as the price hit $0.041, it faced some resistance, causing a brief dip to the $0.036 support area.

However, this support acted as a catalyst, prompting buyers to make a concerted effort that resulted in the price surging beyond that point.

However, buyers encountered resistance at $0.054, hinting at a possible shift toward a bearish trend with a potential retracement. Nevertheless, the price has returned to $0.044, affirming Metadium’s bullish sentiment.

Is Metadium (META) Likely to Maintain its Bullish Outlook?

META will probably persist, enabling the bulls to break through the $0.054 obstacle and drive higher prices. This optimism is further reinforced by the 50-day and 200-day moving average indicators, which currently sit below $0.029 and $0.039.

The relative strength index (RSI) is on an upward trajectory at 64. It shows a rebound from the 37 levels and suggests consistent buying pressure that could push it into the overbought region at 70.

Metadium’s price is expected to maintain its bullish trend, supported by the moving averages and RSI. The bulls might overcome temporary resistance at $0.054, reaching new highs in the coming weeks.

On the flip side, if bears take advantage of a pullback, they could push the price down to the support zone at $0.043, with a candlestick closing below this level, potentially forcing the bulls to seek support at $0.040.

Meanwhile, Meme Kombat (MK) has gained substantial attention because of its unique presale approach, featuring S2E and P2E features, which make it an appealing alternative to Metadium.

Meme Kombat (MK) Nears its Presale Goal

Investors have shown significant interest and enthusiasm for the project, propelling it toward further development and a broader reach.

Meme Kombat is about to explode as it nears its presale goal. Half of its tokens have already sold just a few weeks after launch.

The next few months are going to be big for crypto. But they're also going to be huge for #MemeKombat ⚔️ pic.twitter.com/tYh2ycc4Fd

— Meme Kombat (@Meme_Kombat) October 17, 2023

The presale has raised $576,628, bringing it closer to its $1 million fundraising goal. This shows significant investor enthusiasm for the presale token and emphasizes the urgency for potential investors.

Besides its promising prospects, the platform offers automatic staking opportunities throughout the presale and various betting options. It implements a meticulously designed tokenomics strategy for long-term sustainability.

Buy MK, Join Battle, Stake, Earn High APY

Meme Kombat combines memes and artificial intelligence to establish a competitive arena on the Ethereum Network. The MK platform provides automatic staking advantages and diverse betting options throughout the presale period. A thoughtfully designed tokenomics model supports this to ensure long-term expansion.

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

Gain MK tokens during the presale and stake them to yield a significant Annual Percentage Yield (APY) of 112%. Notably, the MK team has earmarked 30% of the token supply for stakes and rewards.

The MK platform allows you to wager your tokens on competitions featuring popular memes. If the meme you choose wins, you can claim a portion of the prize pool. Additionally, you can collaborate with others to place bets and distribute winnings.

Jacob Crypto Bury, a YouTuber with 22.7K subscribers, explains Meme Kombat’s operations. He offers guidance on how to make the most of its staking feature.

He examines the platform, highlighting its strengths, and offers guidance on optimizing its potential. Furthermore, he invested $1000 in MK tokens because they are relatively low risk and he is confident that their value will increase.

Visit the MK website to get started. Connect your Web3 wallet and buy MK tokens using ETH, BNB, or USD (ERC-20 and BEP-20).

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