{"id":450934,"date":"2023-10-24T13:09:07","date_gmt":"2023-10-24T13:09:07","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=450934"},"modified":"2023-10-24T13:09:07","modified_gmt":"2023-10-24T13:09:07","slug":"apecoin-swings-to-a-strong-9-rise-however-meme-kombats-presale-jungle-awaits-adventurous-investors","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/apecoin-swings-to-a-strong-9-rise-however-meme-kombats-presale-jungle-awaits-adventurous-investors","title":{"rendered":"ApeCoin Swings to a Strong 9% Rise; However, Meme Kombat&#8217;s Presale Jungle Awaits Adventurous Investors"},"content":{"rendered":"<p>ApeCoin (<a href=\"https:\/\/insidebitcoins.com\/news\/apecoin-price-prediction-for-today-october-19-ape-technical-analysis\" target=\"_blank\" rel=\"noopener\">APE<\/a>) price is bullish, recording higher highs over the last five days, totaling almost 25% in gains. Over the last 24 hours, the price is up almost 15% in the last 24 hours, backed by a 120% surge in trading volume.<\/p>\n<figure id=\"attachment_450935\" aria-describedby=\"caption-attachment-450935\" style=\"width: 945px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-CMC.png\"><img decoding=\"async\" class=\"wp-image-450935 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-CMC.png\" alt=\"ApeCoin CoinMarketCap\" width=\"945\" height=\"514\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-CMC.png 945w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-CMC-300x163.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-CMC-768x418.png 768w\" sizes=\"(max-width: 945px) 100vw, 945px\"><\/a><figcaption id=\"caption-attachment-450935\" class=\"wp-caption-text\"><a href=\"https:\/\/coinmarketcap.com\/currencies\/apecoin-ape\/\" target=\"_blank\" rel=\"noopener\">ApeCoin data on CoinMarketCap<\/a><\/figcaption><\/figure>\n<p>The surge began a day after the ApeCoin ecosystem formed a strategic alliance with Eesee. This was part of a joint mission to democratize access to high-value non-fungible tokens (<a href=\"https:\/\/insidebitcoins.com\/news\/what-are-non-fungible-tokens-where-to-buy\" target=\"_blank\" rel=\"noopener\">NFTs<\/a>). It was also aimed at facilitating the growth of the APE community.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Exciting news: <a href=\"https:\/\/twitter.com\/apecoin?ref_src=twsrc%5Etfw\">@apecoin<\/a> forms a strategic alliance with <a href=\"https:\/\/twitter.com\/eesee_io?ref_src=twsrc%5Etfw\">@eesee_io<\/a> to democratize access to high-value NFTs and facilitate growth of the community.<\/p>\n<p>&#128273; ApeCoin community is granted access to eesee rewarded Testnet that goes live in the end of October<\/p>\n<p>More in a &#129525; <a href=\"https:\/\/t.co\/AfibtuhjEH\">pic.twitter.com\/AfibtuhjEH<\/a><\/p>\n<p>&mdash; eesee.io (@eesee_io) <a href=\"https:\/\/twitter.com\/eesee_io\/status\/1715047433040695350?ref_src=twsrc%5Etfw\">October 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The partnership followed a <a href=\"https:\/\/forum.apecoin.com\/t\/implementation-update-aip-301-eesee-apecoin-a-collaboration-for-community-engagement-and-nft-accessibility\/19245\" target=\"_blank\" rel=\"noopener\">proposal<\/a> to introduce a strategic alliance between Eesee, a gamified NFT platform, and ApeCoin DAO. It is designed to democratize access to high-value NFTs and stimulate community interaction. Moreover, it was also intended to inspire active participation in ApeCoin governance.&nbsp; At the same time, it enhances the visibility of ApeCoin&rsquo;s sub-communities.<\/p>\n<h2>ApeCoin Price Prediction As APE Breaks Out From a Bearish Technical Formation<\/h2>\n<p>ApeCoin price started rising on October 20 after finding support at $1.024. This support level broke the fall for the cryptocurrency after a steady downtrend beginning around June. With a price action defined by lower highs and lower lows, the downtrend saw APE consolidate within a descending parallel channel. This technical formation is highly bearish, sealing the fate of an asset for as long as its price swings remain confined within the boundaries.<\/p>\n<p>As the chart below indicates, ApeCoin price has broken out from the channel, steered by rising momentum. The move has seen APE breach the resistance due to the upper boundary of the channel and the 50-day Exponential Moving Average (EMA) at $1.207.<\/p>\n<p>For a confirmed breakout, however, ApeCoin&rsquo;s price must break and close above the $1.300 psychological level. Further north, the gains could extend for APE to breach the 100-day EMA at $1.505, or in the dire case, extend to tag the $1.800 psychological level. This would constitute a 45% climb above current levels.<\/p>\n<p>The Relative Strength Index (RSI) is at 66, supporting the bullish thesis as it continues north after breaching the 50 midline. As long as this directional bias is maintained, the upside for APE remains plausible.<\/p>\n<p>Similarly, the Awesome Oscillator (AO) indicator is positive after a steady flow of green histogram bars, showing bulls are heading the market.<\/p>\n<figure id=\"attachment_450936\" aria-describedby=\"caption-attachment-450936\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APEUSDT_2023-10-24_14-03-53.png\"><img decoding=\"async\" class=\"wp-image-450936 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APEUSDT_2023-10-24_14-03-53.png\" alt=\"ApeCoin price\" width=\"800\" height=\"350\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APEUSDT_2023-10-24_14-03-53.png 800w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APEUSDT_2023-10-24_14-03-53-300x131.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APEUSDT_2023-10-24_14-03-53-768x336.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\"><\/a><figcaption id=\"caption-attachment-450936\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/x\/GT5jtiQl\/\" target=\"_blank\" rel=\"noopener\">TradingView: APE\/USDT 1-day chart<\/a><\/figcaption><\/figure>\n<p>On the flip side, if profit booking kicks in, ApeCoin price could dwindle, potentially falling back into the grasp of the channel. In extreme cases of a sell-off, the price could drop to the channel&rsquo;s midline, falling below the $1.024 support floor.<\/p>\n<h2>On-chain Metrics for ApeCoin: IOMAP<\/h2>\n<p>On-chain metrics from blockchain aggregator IntoTheBlock corroborate the bearish outlook. The In\/Out of the Money Around Price (IOMAP) model reveals a strong supply barrier that will prevent ApeCoin&rsquo;s price from achieving its upside potential. Based on this on-chain metric, there is only one major area of interest between $1.27 and $1.30. Many investors that had previously purchased APE around this price level fill this area. Here, roughly 267 addresses hold nearly 55.11 million APE tokens, bought at an average price of $1.28.<\/p>\n<figure id=\"attachment_450937\" aria-describedby=\"caption-attachment-450937\" style=\"width: 977px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-ITB.png\"><img decoding=\"async\" class=\"wp-image-450937 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-ITB.png\" alt=\"ApeCoin \" width=\"977\" height=\"356\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-ITB.png 977w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-ITB-300x109.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/APE-ITB-768x280.png 768w\" sizes=\"(max-width: 977px) 100vw, 977px\"><\/a><figcaption id=\"caption-attachment-450937\" class=\"wp-caption-text\"><a href=\"https:\/\/app.intotheblock.com\/coin\/APE\/deep-dive?group=financials&amp;chart=inAndOut\" target=\"_blank\" rel=\"noopener\">APE IOMAP<\/a><\/figcaption><\/figure>\n<p>Meanwhile, investors are also looking at <a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" target=\"_blank\" rel=\"noopener nofollow\">MK<\/a> for their portfolio diversification strategies. Renowned analysts, including Crypto Tony on giant social media platform X, have endorsed the project.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">New presale i am bring some awareness too .. Legends at <a href=\"https:\/\/twitter.com\/Meme_Kombat?ref_src=twsrc%5Etfw\">@Meme_Kombat<\/a> who are an innovative new gaming platform designed for hardcore gamers. <\/p>\n<p>&ndash; Doxxed team &#9989;<br>&ndash; $100,000 raised already &#9989;<br>&ndash; Passive staking &#9989;<br>&ndash; AD \/ NFA \/ DYOR &#9989;<\/p>\n<p>&ndash; Presale link : <a href=\"https:\/\/t.co\/TWAEnq5WG0\">https:\/\/t.co\/TWAEnq5WG0<\/a><br>&ndash; TG :&hellip; <a href=\"https:\/\/t.co\/r6xtdbBmeX\">pic.twitter.com\/r6xtdbBmeX<\/a><\/p>\n<p>&mdash; Crypto Tony (@CryptoTony__) <a href=\"https:\/\/twitter.com\/CryptoTony__\/status\/1707501272872415415?ref_src=twsrc%5Etfw\">September 28, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project debuted only recently but already gives established meme coins like FLOKI, SHIB, and DOGE a hard time.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The world of <a href=\"https:\/\/twitter.com\/hashtag\/memecoins?src=hash&amp;ref_src=twsrc%5Etfw\">#memecoins<\/a> can be a rough place, but <a href=\"https:\/\/twitter.com\/hashtag\/MemeKombat?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeKombat<\/a> is coming in hot &#128074; <a href=\"https:\/\/t.co\/EotbPRQMyh\">pic.twitter.com\/EotbPRQMyh<\/a><\/p>\n<p>&mdash; Meme Kombat (@Meme_Kombat) <a href=\"https:\/\/twitter.com\/Meme_Kombat\/status\/1709573165012353213?ref_src=twsrc%5Etfw\">October 4, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Investors are also <a href=\"https:\/\/insidebitcoins.com\/news\/new-meme-crypto-presale-hits-half-million-mark-is-mk-token-the-next-pepe\" target=\"_blank\" rel=\"noopener\">questioning whether MK is the new PEPE<\/a> as it continues to outperform what used to be the meme coin sensation.<\/p>\n<p><iframe title=\"NEW MEMECOIN PRESALE TODAY &#128293; THIS IS BIG! &#128293; NEXT PEPE ?&#128293; &#128293;NEW MEMECOIN TODAY!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/BrvEmfKicEI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>ApeCoin Alternative<\/h2>\n<p>MK is arguably the most promising alternative for ApeCoin, powering the <a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" target=\"_blank\" rel=\"noopener nofollow\">Meme Kombat ecosystem<\/a>. The token is affordable, selling for as little as $0.1667 per token. However, this rate only lasts for the next nine days, meaning interested investors should act now.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128293; <a href=\"https:\/\/twitter.com\/hashtag\/MemeKombat?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeKombat<\/a> UPDATE &#128293; <\/p>\n<p>Staged Presale = ON<\/p>\n<p>&#9642;&#65039; NOW: 0.1667 USD <br>&#9642;&#65039; Nov 2nd: JUMPS to 0.1833 USD<\/p>\n<p>The timer is set! Secure your <a href=\"https:\/\/twitter.com\/search?q=%24MK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MK<\/a> before the rise! &#9200; <a href=\"https:\/\/t.co\/LMreT8M2Ce\">pic.twitter.com\/LMreT8M2Ce<\/a><\/p>\n<p>&mdash; Meme Kombat (@Meme_Kombat) <a href=\"https:\/\/twitter.com\/Meme_Kombat\/status\/1716584544802136267?ref_src=twsrc%5Etfw\">October 23, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Touted as an innovative new gaming platform designed for gaming enthusiasts, Meme Kombat meets users where gaming and gambling intersect. The player can choose their meme character, either based on preference or the playing odds.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">You can pick one to fight alongside you, the rest are against you.<\/p>\n<p>Who you picking? &#9876;&#65039; <a href=\"https:\/\/t.co\/sZOGmoFEss\">pic.twitter.com\/sZOGmoFEss<\/a><\/p>\n<p>&mdash; Meme Kombat (@Meme_Kombat) <a href=\"https:\/\/twitter.com\/Meme_Kombat\/status\/1714267768604766615?ref_src=twsrc%5Etfw\">October 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The go-to destination for all Degens, traders, meme coin enthusiasts, and others, the Meme Kombat ecosystem sets the tone for other projects. It presents a place where there is something for everybody.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We're all winning at life cause we're here together&#129782; <a href=\"https:\/\/t.co\/jHWhDqBPYO\">pic.twitter.com\/jHWhDqBPYO<\/a><\/p>\n<p>&mdash; Meme Kombat (@Meme_Kombat) <a href=\"https:\/\/twitter.com\/Meme_Kombat\/status\/1716179112694251671?ref_src=twsrc%5Etfw\">October 22, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Join the cryptocurrency enthusiasts already buying MK using Ethereum (<a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-ethereum\">ETH<\/a>) and Tether (USDT) stablecoin or a bank card. As investors flock to the <a href=\"https:\/\/insidebitcoins.com\/news\/fastest-growing-stake-to-earn-meme-crypto-raises-over-100k-in-presale\" target=\"_blank\" rel=\"noopener\">fastest-growing new stake-to-earn meme crypto presale<\/a>, collections have reached $678,636, out of the set $1 million target. Once you <a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" rel=\"nofollow\">buy MK<\/a>, you do not have to wait for the launch. Capitalize on the staking function for Annual Percentage Yields (APY) as high as 112%.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Degen or gamer or both?<\/p>\n<p>Everyone can engage in kombat&#9876;&#65039;<\/p>\n<p>Watch the full video from <a href=\"https:\/\/twitter.com\/BuryCrypto?ref_src=twsrc%5Etfw\">@BuryCrypto<\/a> below&#128071; <a href=\"https:\/\/t.co\/GyGi2TRTvi\">pic.twitter.com\/GyGi2TRTvi<\/a><\/p>\n<p>&mdash; Meme Kombat (@Meme_Kombat) <a href=\"https:\/\/twitter.com\/Meme_Kombat\/status\/1712823989691715806?ref_src=twsrc%5Etfw\">October 13, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Visit Meme Kombat to buy MK in the presale stage <a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" target=\"_blank\" rel=\"noopener nofollow\">here<\/a>.<\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/hottest-new-stake-to-earn-gaming-meme-crypto-launches-presale-meme-kombat\">Hottest New Stake-to-Earn Gaming Meme Crypto Launches Presale &ndash; Meme Kombat<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/the-top-3-icos-to-buy-in-october-2023-bitcoin-minetrix-tg-casino-and-meme-kombat\">The Top 3 ICOs to Buy in October 2023 &ndash; Bitcoin Minetrix, TG.Casino, and Meme Kombat<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-shows-a-return-to-meme-glory-days-amidst-the-nostalgia-meme-kombats-presale-is-the-new-digital-renaissance\">Pepe Price Prediction Shows a Return to Meme Glory Days. Amidst the Nostalgia, Meme Kombat&rsquo;s Presale is the New Digital Renaissance<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Smog (SMOG) - Meme Coin With Rewards<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/smog-token.svg\" alt=\"Smog token\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Airdrop Season One Live Now<\/li>\n                                                                                                    <li>Earn XP To Qualify For A Share Of $1 Million<\/li>\n                                                                                                    <li>Featured On Cointelegraph<\/li>\n                                                                                                    <li>Staking Rewards - 42% APY<\/li>\n                                                                                                    <li>10% OTC Discount - smogtoken.com<\/li>\n                                                                                            <\/ul><!--\/.inContentProviderSingle--lis-->\n                                                                            <\/div>\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img float-right\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/smog-token.svg\" alt=\"Smog token\" width=\"125\" height=\"60\">\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 text-center\">\n                                        <div class=\"inContentProviderSingle--button\">\n                                                                                        <a href=\"https:\/\/insidebitcoins.com\/visit\/smog\" title=\"Start Trading\" rel=\"nofollow\">Visit Site<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderSingle--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">ApeCoin (APE) price is bullish, recording higher highs over the last five days, totaling almost 25% in gains. Over the last 24 hours, the price <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1911,"featured_media":450939,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ApeCoin Swings to a Strong 9% Rise; However, Meme Kombat&#039;s Presale Jungle Awaits Adventurous Investors - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"ApeCoin (APE) price is bullish, recording higher highs over the last five days, totaling almost 25% in gains. 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