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The Milady Meme Coin price surged more than 21% over the past 24 hours to trade at $0.00000008476 as of 8:45 a.m. EST.
The meme coin’s performance is impressive given the fact that it took place during the same time the overall market cap dropped more than 3%.
LADYS easily outperformed market leaders Bitcoin (BTC) and Ether (ETH), which saw their prices drop 4.53% and 5.04% respectively.
The Milady Meme Coin Price Could Be In An Accumulation Phase
Daily chart for LADYS/USDT (Source: TradingView)
The Milady Meme Coin price was able to break above the key $0.0000000490 resistance level over the past 72 hours. Since then, the meme coin has consolidated above this level.
If LADYS continues to trade above this significant price point in the next few days, then it could enter into another leg up.
This potential bullish move may lead to the Milady Meme Coin price breaking above the subsequent barrier at $0.0000000995 in the coming couple of days.
A daily close above this threshold could then give the cryptocurrency the foundation needed to continue its ascent towards $0.0000001875 in the short term.
This bullish thesis may be invalidated if LADYS closes a daily candle below $0.0000000490 through the course of the next 48 hours. In this more bearish scenario, the Milady Meme Coin price could fall to as low as $0.0000000255 in the following couple of days.
Technical indicators suggest that the Milady Meme Coin price could continue to rise in the next two days. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators showed increasing buyer strength. Bulls had exited the meme coin’s chart over the last 72 hours, but seem to be returning as the RSI line is sloped positively.
The RSI line is also positioned above the RSI Simple Moving Average (SMA) line, which generally indicates that buyers have the upper hand against sellers. LADYS’ positive trend also shows no signs of slowing down, as the MACD line is breaking away above the MACD Signal line.
While the Milady Meme Coin price attempts another move up, Meme Kombat is fast approaching the $3 million mark with its presale.
Investors Are Betting Big On This Up-And-Coming Meme Project
Just sliding past $2.8 million💪
Good start to the week! pic.twitter.com/1OJfgQzWxr
— Meme Kombat (@Meme_Kombat) December 11, 2023
Meme Kombat has raised more than $2.8 million through its presale, edging closer to its $3.5 million target. Selling for just $0.235, the project’s native token MK can be purchased using either ETH or Tether (USDT).
Not only will investors want to hurry to purchase this meme coin as its price is scheduled to increase in less than three days, but analyst say it might 10X on listing.
What makes Meme Kombat different from other meme-inspired projects is the fact that it is entering the market with more utility than that of most other meme coins.
At the heart of the project’s ecosystem is a battleground, where fighters will regularly combat other players. MK holders will be able to place bets on these battles and stand the chance to win frequent rewards.
There will also be more hyped battles within the ecosystem, which will yield more lucrative rewards.
Rewards That Keep On Coming
Meme Kombat also includes an attractive staking offering. With an annual percentage yield (APY) of 300%, investors are rushing to buy into this innovative project during its early stages. Anyone looking to purchase MK can do so here.
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