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The Pepe price has pumped 23% in the last 24 hours to trade at $0.000001569 as of 8:30 a.m. EST.
This comes after the meme coin transferred its treasury to a Safe multi-sig wallet.
the $PEPE treasury is about to be transferred into a multi-sig @safe under the following address:
0x310039f661E9fBD3518D2820221eD135fC99cBdD pic.twitter.com/xCHSD8mDan
— Pepe (@pepecoineth) December 22, 2023
Pepe Price Prediction: Where Is The Meme Coin Headed?
Looking at 2-hour PEPE/USDT charts, the Relative Strength Index indicator is moving north as it enters the overbought region, showing buying pressure on Pepe. The MACD is also moving in the green zone, backing the bullishness prospects.
This points to a continuous pump in the short term as bulls look to break past the $0.0000016 resistance level.
We also see a couple of bullish, engulfing candle stick patterns having formed. This also points out bull dominance on the meme coin.
The Pepe price is volatile, as shown by the Bollinger Bands, which have diverged. This can be attributed to increasing trading activities that have seen the meme coin’s trading volume jump by 193% in the last 24 hours.
2-hour PEPE/USDT Chart | Source: TradingView
Meanwhile, with the Pepe price pumping, a presale dubbed a potential ”Pepe Coin Killer” is also going from strength to strength.
The presale has now raised $4.2 million of its targeted $5 million, with each token now priced at $0.257, and it’s been recognized as among the current best gaming tokens.
It’s also been ranked among presales with more explosive potential in the future.
Pepe Price Prediction: Is MK The Better Meme Coin?
Meme Kombat is a pioneering platform that allows users to bet on fights between famous meme characters, and it’s making waves in the burgeoning GameFi and gaming token industries.
By blending gaming with betting, the project has attracted a unique audience of meme enthusiasts, introducing a fresh strategy to capitalize on the growing market.
Crypto whales are rallying behind Meme Kombat, which is evident in a substantial $200K MK buy. This significant investment underscores investors’ strong confidence in the project, highlighting its potential in the competitive cryptocurrency space.
Some whale just bought $200k worth of $MK 🤯🤯🤯 This comes after many many buys into our presale.
That pushes us past $3.3 million raised⚔️ pic.twitter.com/gOAn09tpkA
— Meme Kombat (@Meme_Kombat) December 15, 2023
Meme Kombat aims to deliver an entertaining experience by combining the excitement of gambling with beloved meme characters.
With plans for a second season already in motion, the first season’s post-sale includes eleven iconic memes.
Incentives For Staking And Tokenomics
Investors eyeing Meme Kombat are enticed by an impressive 215% Annual Percentage Yield (APY), offering lucrative opportunities for those considering staking or engaging with the platform’s tokenomics.
Early participants enjoy exclusive access to Meme Kombat tokens, enhancing the project’s allure before its public launch.
Meme Kombat strategically addresses short-term selling pressure by introducing staking alternatives. With 75% of the tokens already sold and staked, this decision strengthens the project’s foundation, fostering a more sustainable development path and instilling confidence in its long-term viability.
YouTube cryptocurrency specialists, including Jacob Bury, closely monitor Meme Kombat due to its attractive incentives for early investors.
Drawing parallels with the success of the Pepe coin, Bury suggests the potential for tenfold growth, further elevating the project’s appeal and credibility.
Meme Kombat prioritizes security with rigorous measures to protect its intelligent contract and ensure the safety of its ecosystem. This commitment underscores the dedication to maintaining the platform’s integrity and safeguarding the interests of its users.
Meme Kombat places a premium on community building, leveraging comedy and artwork to foster engagement. The cryptocurrency world is taking notice of this initiative, with increasing interest in its ongoing presale campaign.
The platform presents an enticing option for those eager to join the Meme Kombat community early on. Positioned as a promising cryptocurrency endeavor, Meme Kombat’s unique blend of gaming, gambling, and meme elements makes it a compelling investment opportunity.
So, as you watch the Pepe price, remember to keep an eye on the MK presale.
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