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The Heroes of Mavia price soared 20% in the last 24 hours to trade for $4.5394 as of 4:15 a.m. EST time on trading volume that surged 32%.
It continues to trade within the confines of an ascending parallel channel, hinting at more gains. This is expected based on its bullish technical formation.
But from a technical standpoint, momentum is already falling, with the Relative Strength Index (RSI) dropping. Still, the odds favor the upside considering the Moving Average Convergence Divergence (MACD) indicator is in positive territory.
Increased buying pressure could see the Heroes of Mavia price extend the gains to clear the range high of $5.3120. In a highly bullish case, the altcoin could extend a neck higher to tag $6.0000. Such a move would constitute a 30% climb above current levels.
TradingView: MAVIA/USDT 2-hour chart
On the flip side, if early profit booking becomes the order of the day, the Heroes of Mavia price could break below the midline of the channel. For the bullish outlook to be invalidated, however, the MAVIA market value must record a candlestick close below the lower boundary of the Bollinger indicator at $3.1335.
While the Heroes of Mavia price moves within the protection of an ascending parallel channel, GameFi star MK is making headlines as analysts rank it among the top meme coins for exponential gains.
Promising Alternative To The Heroes Of Mavia
MK is the native token for the Meme Kombat ecosystem, a GameFi ICO that is taking the meme coin sector by storm.
Ari from @cryptonews loves all the memes that are going to be taking part in Meme Kombat⚔️
Which is your favorite meme? pic.twitter.com/IxXze7bYiA
— Meme Kombat (@Meme_Kombat) January 26, 2024
The project offers community members a chance to battle their favorite meme characters in the arena. Character selection is based on the betting odds or you can simply choose your favorite character.
⚔️ Meme Kombat Friendly ⚔️
Vote for your winner below👇 pic.twitter.com/R5XVQUb0U8
— Meme Kombat (@Meme_Kombat) February 8, 2024
Meme Kombat is in the presale stage, now recording over $8.434 million in sales, out of a target goal of $10 million. MK tokens are priced $0.279 each.
$8.4 million done in the $MK presale!
We’re getting there fighters🥊 pic.twitter.com/DM97hLfXZh
— Meme Kombat (@Meme_Kombat) February 8, 2024
MK token holders do not need to wait until the presale ends before they can start earning. The project has a running staking dashboard, offering stakers a chance to earn passive income.
NFA, but one reason why @BuryCrypto thinks we’re the next big thing might be our staking🔥$MK is for top memers, so we dub Jacob a top memer⚔️ pic.twitter.com/z18nRImOyC
— Meme Kombat (@Meme_Kombat) January 29, 2024
Once you buy MK, stake them for rewards as high as 111% APY, but make sure to take advantage of first mover advantage as these rates reduce with time. So far, 80% of the entire MK token bucket has already been staked, with up to 11,565 stakers as of publishing time. More stakers are coming in so do not be left out.
Remember, the point of Meme Kombat is not to just buy and trade. You can stake your MK tokens on the website and bet on battles for the chance to win big! Alongside the regular battles, the project also features larger, more hyped battles for people to participate in with large prizes for winners.
GM memers!
Beta testing is going well and we are getting some valuable feedback from our testers🤝 pic.twitter.com/HuPOKIEkQQ
— Meme Kombat (@Meme_Kombat) February 8, 2024
Visit Meme Kombat website today to buy MK and stake your holdings here.
Also Read:
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- Staking Rewards – Over 50% APY
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