Stacks Piles Up a 9% Increase, But Meme Kombat's Presale Might Just Topple the Best

Stacks Piles Up a 9% Increase, But Meme Kombat’s Presale Might Just Topple the Best

Updated: 25 October 2023

Disclosure

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.

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Stacks (STX) has recently experienced a significant upswing, marking a 9% increase in its valuation.

Don’t fade the bitcoin (DeFi) narrative.$STX $ALEX https://t.co/lIgASNfd1H pic.twitter.com/tIKGFlNDnw

— Kaduna (@CryptoKaduna) October 23, 2023

As of 9:46 a.m. EST, the token trades at $0.69, reflecting an 8.4% gain over the past 24 hours. Furthermore, STX has showcased a notable 28.7% growth in the last week. Should this trend persist, the potential for further value appreciation in STX remains on the horizon.

Stacks STX Price Builds Bullish Momentum to $0.88 Resistance

Stacks STXUSD Price Chart — STXUSD Price Chart by Tradingview.com

The prevailing market sentiment favors the bullish side, clearly shown by STX’s strong recovery at the $0.41 support level. This resilience establishes a favorable base for the bulls to drive price increases.

For this bullish momentum to be sustained, the price must overcome the $0.75 resistance level, which coincides with the 50-week simple moving average. Achieving this milestone could pave the way for STX to set its sights on the $0.90 resistance and reach even higher price levels.

Stacks’ price has successfully crossed both the 50-day and 200-day Simple Moving Averages. If a lasting bullish trend continues, it can breach the pivotal $0.75 resistance.

Such an achievement would pave the way for a notable upward movement beyond $0.90, representing a potential 29% increase from its current value.

The growing buying pressure reinforces this optimistic sentiment, clearly visible in the weekly bullish candlestick pattern.

Furthermore, the token’s Relative Strength Index (RSI) is in harmony with this trend, bouncing back from an oversold position at 30 to a more neutral level of 61. This suggests a strong bullish rally from $0.41 to $0.71.

Conversely, if bearish sentiments take control of the market dynamics, Stacks STX might discover a support base at the $0.45 level. With additional downward pressure, the $0.29 threshold could provide a safety cushion for optimistic investors.

Get Meme Kombat (MK) Now – Presale Ends in 9 Days

Meme Kombat (MK) is on the brink of reaching its $1 million target in the presale phase, with only about $300,000 left to attain this significant milestone.

The MK presale has already garnered over 50% of its target, amassing $672,329.

This unequivocally highlights investors’ keen interest in the token presale, further drawing attention to this promising opportunity on the heels of a successful presale campaign.

Moreover, during the presale period, users can invest their tokens on the MK platform, participating in competitions that showcase the best of the meme world and offering them a chance to win rewards. You can also be among the early adopters of $MK. Read our guide to know how you can buy the mem coin.

Last Call, Buy MK Tokens, Join Kombat, Earn Rewards.

The presale token is selling at $1.667 per token, which will increase to $0.1883 on November 2.

🔥 #MemeKombat UPDATE 🔥

Staged Presale = ON

▪️ NOW: 0.1667 USD
▪️ Nov 2nd: JUMPS to 0.1833 USD

The timer is set! Secure your $MK before the rise! ⏰ pic.twitter.com/LMreT8M2Ce

— Meme Kombat (@Meme_Kombat) October 23, 2023

Meme Kombat MK goes beyond merely being a gaming platform and represents a community-driven ecosystem. Blockchain enthusiasts, gamers, and stakeholders can join to immerse themselves in, compete, and enjoy an enhanced gaming experience.

Take part in Meme Kombat’s staking-to-earn and play-to-earn programs, with an impressive annual yield (APY) of 112%. A significant 30% token supply is designated for staking and battle rewards.

"Real winners wake up this early" pic.twitter.com/kZmhRu9UMJ

— Meme Kombat (@Meme_Kombat) October 24, 2023

You can engage in cooperative betting with others and partake in shared prize winnings.

The first competitive season, Season 1, will be launched shortly after the platform’s completion. It highlights competitions involving 11 well-recognized crypto memes, including DOGE, SHIB, PEPE, leaderboards, and other thrilling features.

Additionally, this season will lay the groundwork for ongoing gameplay, drawing in users and fostering community participation.

Meme Kombat is set to introduce Season 2 later In December 2023, offering new confrontations, rewards, and opportunities to establish its presence in blockchain gaming.

Crypto Zeus, a notable YouTube personality with 66.5K subscribers, expresses strong optimism regarding Meme Kombat. He believes it could be the next PEPE.