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STP (STPT) has experienced a significant 31% price increase over the past 24 hours.
The DAO token is currently trading at $0.069 as of 7:05 a.m. EST with a live trading volume of $153 million. The token’s circulating supply stands at about 1.9 billion.
The current rebound has left the crypto community pondering whether this cryptocurrency is worthwhile.
STP (STPT) Surges Above Rising Channels
STP (STPT) is exhibiting a gradual bullish trend characterized by two higher lows and two higher highs. The current price surge follows a retracement when the price encounters resistance at $0.071.
This crypto’s Fear and Greed index currently stands at 50, making it an opportune time to invest in this asset.
Currently, STP (STPT) is trading above its 50-day and 200-day simple moving averages, with the 50-day simple moving average signaling a buy for this token as it provides support.
Furthermore, the token’s relative strength index (RSI) is at 63, showing a rebound from a neutral position of 50. It’s worthwhile noting the RSI for this token exceeded 70 yesterday, which may have contributed to the recent retracement.
Since the beginning of the year, STPT’s price has surged by 50%, accompanied by many green candles. While Bitcoin’s recent surge to over $2k may have played a role, STPT has the potential to climb the price charts based on its own merits.
Currently, the token is testing the $0.07 resistance level. To reach the $0.1 mark, the token must surpass $0.086, requiring a 45% increase from the current price. This increase would be necessary for investors to take an interest in the token. If the token can reach the $0.1 mark, it might experience a more significant increase in value.
Meanwhile, the Meme Kombat (MK) token, with its presale project and P2E and S2E gaming features, is showing high returns in this meme season.
Meme Kombat (MK): The Rising Star in Cryptocurrency and Gaming
Meme Kombat (MK) has recently joined the meme coin community, snatching investors’ and traders’ attention with its unique investment option. MK is a blockchain-based game that allows users to purchase virtual weapons and use them to fight other players. The game is based on the popular Mortal Kombat fighting game franchise and is gaining popularity because of its innovative concept. MK also offers investors the opportunity to earn rewards through staking.
Additionally, the token combines the power of memes with an immersive gaming experience (betting and staking), offering investors the opportunity to earn rewards.
Given its rapid momentum during the presale, Meme Kombat could become the next Pepe Coin or Dogecoin. Some are even confident this new player will be the next cryptocurrency to explode.
The world of #memecoins can be a rough place, but #MemeKombat is coming in hot 👊 pic.twitter.com/EotbPRQMyh
— Meme Kombat (@Meme_Kombat) October 4, 2023
With a subscriber base of 55k, Oscar Ramos has noticed Meme Kombat and expressed optimism regarding its potential to achieve a 100x return on investment. Additionally, he published a guide on how to buy and stake MK. Overall, his sentiment reflects the potential of Meme Kombat, and its potential to revolutionize the meme trading industry.
Meme Kombat’s early achievements and influencer endorsements show its potential to become a significant player in the meme coin arena. With a strong community behind it, Meme Kombat is likely to gain traction quickly. Early investors stand to benefit from the growth of this coin, making it an attractive investment.
Grab Your Tokens Now for a Chance at 112% APY
This novel gaming platform is creating excitement within the crypto community. Further, one could argue that it has the potential to succeed PEPE, which has gained popularity in the past few months and has a bright future ahead.
You can earn an impressive 112% APY by stake during the early sale. The project is centered on supporting memes, where various memes compete for the top position in the Meme Kombat arena.
Markets rise and fall, but Kombat is forever 🥷👊#MemeKombat pic.twitter.com/hg82oFJkkf
— Meme Kombat (@Meme_Kombat) October 3, 2023
You can gain the MK token at its current price of $1.667. The project presale has already raised $307,316, inching closer to its $1 million target in its ongoing presale. This shows a significant investor interest.
To purchase $MK tokens, you can link your Web3 wallet to the MK website and use Ethereum (ETH), Tether (USDT), and Binance Smart Chain (BNB).
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