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Jesus coin (JESUS) has experienced a significant surge on dextools.io, ranking among the top gainers in the past 24 hours.
JESUS price soared 35.5% over the last 24 hours, and is trading at $0.000000031181 as of 6:16 a.m. EST.
Its up 138% over the past week, which has led to a daily trading volume of $732k, marking a substantial 90% increase.
Jesus Coin (JESUS): Can the Bulls Maintain Momentum?
After a prolonged bearish move, the bulls have finally found their footing. This has enabled them to push the price upward in an extended spike that lasted nearly a week. However, they encountered resistance at $0.00000003398, leading to a slight price correction.
Additionally, the price indicators favour this bullish momentum, further confirming the upcoming bull rally. At the time of writing, the 50 and 200 simple moving averages have shown a bullish crossover, helping the bulls drive the price higher. Furthermore, both moving averages trade below the price, providing support.
The relative strength index has experienced sharp swings as it rebounded from the neutral position of 50. It surged above the 70s overbought region and reached 100. However, it has since corrected, dropping to 78, while still maintaining bullish sentiment.
Jesus Coin (JESUS) has the potential to continue its bullish momentum in the coming week with the bulls targeting levels above the $0.00000003398 barrier and even doubling its value.
Traders and investors should remain vigilant, as market conditions can change rapidly. This can lead to price declines that may force the bulls to retreat to the $0.00000001881 support zone.
If you missed out on the Jesus Coin (JESUS) bull rally, Meme Kombat is offering a lucrative opportunity through its stake to earn and play-to-earn features. In addition, it offers its low-price presale project. So if you’re looking for an affordable and profitable investment opportunity, Meme Kombat is a great choice.
Meme Kombat Presale Gains Momentum, Achieves $1 Million Goal
Meme Kombat, a meme coin battling platform, has raised $323,422, almost a third of its initial $1 million fundraising target. Users can buy Meme Kombat tokens ($MK) for $1.667 per token.
The #MemeKombat #Presale is going rather well, old sport 🚀 pic.twitter.com/PFozEvmYq2
— Meme Kombat (@Meme_Kombat) October 5, 2023
Meme Kombat combines gaming, meme coins, and gambling on its platform. This creates a unique ecosystem where popular meme characters engage in battles, and users can wager on the outcomes.
Unlike meme coins like Dogecoin, which lack utility features, Meme Kombat offers staking opportunities for users to earn passive income with an enticing annual yield (APY) of 112%. Tokens allocated to community rewards support this yield, ensuring a low-risk level.
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
Meme Kombat operates on a fully decentralized Web3 architecture, prioritizing trust and transparency. The platform offers updates on X (former Twitter) and Telegram.
Meme Kombat Season 1: Revolutionizing Meme Coin Gaming & Gambling
Following the presale, Meme Kombat’s Season 1 introduces 11 exclusive meme characters for battles, catering to various meme communities and preferences.
The online gambling industry, which Meme Kombat taps into, is estimated to be worth $95 billion in 2023. This is with a projected compound annual growth rate of 8.54% through 2027.
Meme Kombat emphasizes security with a successful smart contract audit, a rarity among meme coin projects. Season 2 will follow in December 2023.
Regarding token distribution, 50% is allocated to the presale, 30% for staking and battler rewards, 10% for community rewards, and 10% for decentralized exchange liquidity. This is with a total token supply of 12,000,000.
Meme Kombat rewards both time-staked and active engagement, allowing participants to earn $MK tokens and valuable prizes. Staking rewards compound daily, enhancing potential returns.
Recently, No Bs Crypto shared information about the new meme coin with his subscribers, suggesting it could overshadow PEPE.
Meme Kombat’s innovative approach combines gaming and gambling in the crypto space. Further, it allows staked tokens to be used as gambling chips, and participants earn from staking and gambling simultaneously.
Meme Kombat tokens can be purchased using ETH, BNB, or USDT (ERC-20 and BEP-20) by connecting your digital wallet to the MK website, making it an attractive investment option in the meme coin sector.
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