Search Inside Bitcoins

The Blox Project Price Prediction Indicates a Solid Foundation for Growth. While It Builds, Meme Kombat’s Presale is Constructing a New Legacy

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

The Blox Project is trading with a bullish bias, with price action characterized by higher highs and higher lows. This comes after the price broke out from a prolonged consolidation under the $0.01429 resistance level in two hours.

At the time of writing, The Blox Project price is up around 150% in the last 24 hours and almost 10,000% in the last five days. The surge comes from Roblox, one of the biggest games on the market.

The Blox Project And Roblox Gaming

The Blox Project is focused on fusing Web 2.0 Roblox gaming and Web 3.0 investor experiences, meeting enthusiasts where gaming meets finance. The workforce behind The Blox Project aims to become a top developer team on Roblox, bringing benefits to BLOX holders. It is worth mentioning that BLOX is an ERC-20 token.

The project builds atop the CEO’s vision for Roblox’s metaverse, with a plan to retain 1 billion users. Endless adventures, creativity, and connection await participants in this gaming ecosystem.

Among the reasons why investors are rallying behind The Roblox Project ecosystem is the token’s utility. This has catapulted the token to a market capitalization of almost two million.

Bullish Fundamentals For The Blox Project

By extension, The Blox Project enjoys the recent speculation in the Roblox ecosystem that it would integrate XRP for in-game purchases.

With this integration, XRP could serve as a payment token for one of the biggest games in the market, coming on the back of two companies partnering, BitPay and Xsolla. BitPay is a crypto payments company, while Xsolla company specializes in the management and facilitation of in-game purchases within the Roblox ecosystem.

It is worth mentioning, however, that Roblox has challenged this speculation, promising to provide details in due time. The tweet about the integration was also deleted by BitPay’s CMO, Bill Zielke, who cited an error in the post.

The Blox Project Price Outlook With Users Chasing BLOX Utilities

At the time of writing, The Blox Project is bullish, with technical indicators supporting its upside potential. The Relative Strength Index is above 50, pointing to strong price strength. The Moving Average Convergence Divergence (MACD) indicator supports the case to the upside, with its position in the positive territory showing bulls are in control. Its histogram bars are also green. This shows bulls are leading the market.

Increased buying pressure above current levels could see The Blox Project price shatter the immediate barricade at $0.03826. In a highly bullish case, the gains could extend past the $0.04000 psychological level, clearing and collecting the sell-side liquidity residing above.

The Blox Project
TradingView: BLOX/USD 2-hour chart

Conversely, the RSI appears to be deviating from the lower timeframes, which points to reducing momentum. If profit booking overpowers buyer momentum, The Blox Project price could drop, losing the 9-day Exponential Moving Average (EMA) support at $0.02709 and the subsequent one at $0.02133.

The altcoin could invalidate the bullish outlook by breaking and closing below $0.01429 in the dire case. This could plunge The Blox Project price into the confines of the consolidation zone, exposing it to a possible takeover by the bears. This could culminate in a breakdown below the $0.008089 support floor.

Switch attention from The Blox Project and consider MK, the native cryptocurrency for the Meme Kombat ecosystem. The project is the new meme coin sensation after PEPE, with some experts saying it could outshine the frog-themed token.

The Blox Project Alternative

Meme Kombat has outperformed Shiba Inu (SHIB) and Dogecoin (DOGE), securing a place at the helm of the meme coin ecosystem. According to expert analyst Jacob Crypto Bury, MK has 10X growth potential even as it steadily hits milestones in its presale sales.

The project debuted only recently, offering investors a chance to stake, play, and earn rewards. The innovative gaming platform was designed for gaming enthusiasts, with betting and passive staking functions for additional income generation.

The project is in the presale stage, with almost $600,000 already in the bag as the soft cap target of $1 million nears. In the current stage, investors are buying one MK token at rates as affordable as $0.1667. Buy MK for your portfolio diversification strategy today using Ethereum (ETH) or Tether (USDT).

The project has secured its place in the meme coin market, with some push from the doxxing of its founder, Matt Whiteman, who openly shared his identity. This points to the project’s commitment to transparency. The same virtue is extended through comprehensive audits. Investors looking for other investment opportunities can review this list of the top crypto ICOs worth considering.

Once you have the MK tokens in your portfolio, you do not need to wait out the presale for you to start earning. Stake the tokens for Annual Percentage Yields (APY) or returns as high as 112%. Players buy and stake $MK to bet on exciting meme battles, aiming to win more tokens and other prizes.

Visit and buy Meme Kombat here

Also Read:

Most Searched Crypto Launch - Pepe Unchained

Rating

Pepe Unchained
  • Layer 2 Meme Coin Ecosystem
  • Featured in Cointelegraph
  • SolidProof & Coinsult Audited
  • Staking Rewards - pepeunchained.com
  • $40+ Million Raised at ICO - Ends December
Pepe Unchained

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko Free Api Key to get this plugin works