The Real Smurf Cat Price Corrects after a Spike
The price of Real Smurf Cat has dropped over 15% in the past 24 hours, trading at $0.0001925. While it is down 8% for the week, it has still seen a significant increase of 277% in the past month. After being listed on Poloniex in September, Real Smurf Cat experienced a rally that resulted in a 506% spike. This surge was driven by GameFi enthusiasts who were looking to boost their portfolios after Bitcoin’s rise. The token’s strategy of burning liquidity pool funds and sending the rest to Uniswap increased trust and encouraged buyers.
A Potential Downtrend for Real Smurf Cat Price
Real Smurf Cat’s price action has formed a rounded top chart pattern, indicating an excess supply even as volume decreases. This could lead to a reversal and a significant move downward. The current technical setup suggests that the price may drop below the 100-four-hour Exponential Moving Average (EMA) at $0.0001839 and seek support from the 200-EMA at $0.0001294. If this support level is broken, the price could drop further to $0.000040, representing a 78% decline from its current level.
Alternatives to Real Smurf Cat: Meme Kombat
Meme Kombat is a new GameFi token that offers users the opportunity to play, stake, and earn rewards inspired by the Mortal Kombat franchise. It recently raised over $1 million through its presale of the native MK token. Each MK token is priced at $0.183, and the upcoming token staking program is expected to offer high annual percentage yields (APYs) of up to 112%. Meme Kombat is gaining attention as a potential next meme coin star in the crypto market.
Hot Take: Real Smurf Cat Faces Correction, Meme Kombat Takes the Spotlight
While Real Smurf Cat’s price correction may lead to a decline in market attention, Meme Kombat is making waves with its successful presale and promising staking program. As Real Smurf Cat faces potential losses, Meme Kombat could emerge as the next big crypto game with its innovative gaming platform and meme coin concept.
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