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The Beam price surged by 12% in the last 24 hours to trade at $0.0233 as of 4:45 AM EST, while trading volume surged 42% to $71 million.

That’s close to BEAM’s all-time high of $0.0265 on Dec. 14. One likely reason for the price spike is the current airdrop on DappRadar, which offers users free tokens to quickly enter the thriving crypto community.

Beam Price Prognosis

As the BEAM token finally got under the spotlight, its price started a sudden and rapid surge, increasing the token by 27% in the past few days.

Several technical indicators suggest that the token’s price still has some room to grow. One example comes from Bollinger bands, which are the widest this week, providing a strong bullish signal.

However, at the same time, the token’s RSI score is at 58.55 at the time of writing, nearing the neutral zone. However, the problem is that it is currently seeing a drop, as it recently delved deep into the overbought zone, suggesting that opportunity seekers may be profiting.

While this means that BEAM’s price is about to drop, that might still present an opportunity for those seeking to take advantage of market changes; since BEAM is still in its bullish stage at this time, traders would likely rush in to buy the dip, thus forcing the price back up.

However, for BEAM to go further up, it must first breach the resistance at $0.022, which has proven to be one of its most significant barriers.

If successful, the token will be free to pursue its former ATH at $0.024 and perhaps reach a new one in days to come.

However, BEAM’s price will likely dip back to a support at $0.020 should the selling pressure increase. After that, if the level breaks, the next support sits at $0.018, which has been BEAM’s most vital support since it achieved its ATH in mid-December.

Investors looking to diversify their holdings may want to consider Meme Kombat, a GameFi presale that analysts say has 10X potential.

Promising Alternative to Beam

Meme Kombat (MK) is one of the hottest presales on the market right now, as investors see massive potential in the upcoming project. So far, the project already managed to raise over $6.99 million, closing in on the $7 million milestone.

Meme Kombat’s popularity comes from its unique and innovative gaming platform, designed to meet the needs of gaming and betting enthusiasts and silent observers.

The platform was created to regularly host meme battles, where betting enthusiasts can place bets on which meme will win.

However, the platform also provides something for meme fans who do not wish to risk their funds in bets by allowing them to stake their MK tokens and gradually increase their wealth over time.

In other words, as long as you are a meme fan, there is something for you on Meme Kombat, as it was created to reward all its users.

We passed $6.8 million raised in the $MK presale, as well as 1000 memebers on Discord⚔️
Congrats fighters! pic.twitter.com/LXTzhNScON
— Meme Kombat (@Meme_Kombat) January 14, 2024

To start interacting with the platform, you only need some MK tokens, which can be obtained in the current presale for only $0.279 per unit. The tokens can be obtained in exchange for ETH or USDT.

Participate in the MK presale here.