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The Samoyedcoin price skyrocketed by 70% in the last 24 hours to trade at $0.01553 as of 3:00 a.m. EST.
According to @thejonnyjpegs on X, the Semoyedcoin price could recreate Bonk’s recent achievements that have seen the token rise by 673% over the month due to its connection with the Solana ecosystem.
I love $BONK & $SAMO. Imho @samoyedcoin is a great project but if I’m being honest it’s also a massive cope play for anyone in and outside of the ecosystem that missed $BONK.
SAMO plays an important role here and I’m for whatever brings more eyes and liquidity to Solana. 🚀🚀
— JonnyJpegs.sol (@thejonnyjpegs) December 8, 2023
Its surge comes as investors flock to dog-themed coin just three days after Dogecoin’s 10th birthday.
Samoyedcoin Price Prediction
Looking at the 1-hour SAMO/USD charts, the Relative Strength Index indicator is on an upward trajectory as it approaches entry into the overbought region.
This shows buying pressure on the token as the MACD indicator also moves towards the green zone, showing fading bearishness on SAMO.
The 50-period moving average also exceeded the 200-period moving average, showing buying pressure on SAMO. This points towards a price pump in the short term on the Samoyedcoin price as bulls look to break past the 0.018 resistance level.
Looking at volatility, the Samoyedcoin price is currently volatile, as seen from the Bollinger Bands, which are far apart. This can be attributed to increased trading activities that have seen the trading volume surge by 78% in the last 24 hours.
Meanwhile, as the Samoyedcoin price pumps, Meme Kombat’s MK presale is still making waves as more investors get on board daily. Meme Kombat’s presale has already hit over $2.7 million.
We passed $2.7 million, fighters! 🥊
What a great way to go into the weekend🤩 pic.twitter.com/gnOF0ze1Fs
— Meme Kombat (@Meme_Kombat) December 8, 2023
Samoyedcoin Price Prediction: Is MK A Better Investment?
The native MK token on the new game platform Meme Kombat is valued at $0.235. The token’s value is set to increase at each presale stage.
The most well-known meme characters compete against one another in Meme Kombat. Eleven fighters made up the first roster, each with unique skills, shortcomings, and advantages.
AI manages the games, supervises the conflicts, and handles the graphics. To decide the outcome of each battle, the artificial intelligence will consider a variety of in-game mechanics in addition to the character’s traits.
The player hopes to earn MK prizes by placing a wager on the winner of each match.
As the title and other aspects of the game imply, Meme Kombat takes inspiration from vintage fighting games. The project plan is built on a typical seasonal structure in modern games, especially in the GaaS (Games as a Service) industry.
With periodic updates, developers can keep seasoned players interested while attracting new ones. P2E players looking for a new platform could find Meme Kombat appealing, particularly in light of the increased attention paid to the cryptocurrency gaming industry.
So, as you watch out for the Samoyedcoin price, remember to check out Meme Kombat.
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