Is it Too Late to Buy NEAR Protocol?
The price of NEAR Protocol has surged over 20%, leading traders to question whether it’s still a good time to buy. This increase in price is a result of the significant activity and growth happening within the Near Protocol ecosystem. In fact, NEAR Protocol currently has the highest number of daily active users among all Web3 blockchains, with a 132% increase in active users over the past three months.
NEAR Price Analysis: NEAR Protocol Experiences a Strong Rally
The current market price for NEAR Protocol is $3.48, representing a 22.5% change in the past 24 hours. This surge in price follows a 70% increase over the last four days, triggered by a bounce off the ascendant 20-day moving average (20DMA) at $2.37. The 20DMA has provided crucial support for NEAR’s price growth over the past two months, resulting in a bullish trading channel. However, the relative strength index (RSI) indicates an overbought condition with a reading of 80, which could lead to a retracement. On the other hand, the moving average convergence divergence (MACD) shows bullish divergence at 0.034. While there may be a need for a retracement, overall, NEAR’s price looks strong with an upside target at $3.75 and a downside risk of $3.00.
Meme Kombat: A Rising Star in the Crypto Space
Meme Kombat is an innovative decentralized platform that combines nostalgic gaming and GambleFi within the Web3 ecosystem. Players can engage in animated battles between meme characters and place bets on the outcomes for potential rewards. The platform promises exciting action with Season 1 featuring 11 meme characters and Season 2 already on the horizon for December 2023. Meme Kombat’s transparency and unpredictability, thanks to AI-driven battles, make it a thrilling experience for players. The project also stands out for its commitment to transparency, including a forthcoming security audit of its smart contract. With experienced leadership and appealing tokenomics, Meme Kombat offers an opportunity for investors to earn passive income while gaming in a booming GambleFi industry.
Hot Take: Embrace the Future of Meme-Based Gaming with Meme Kombat
Meme Kombat is revolutionizing the crypto community by merging memes, gaming, and blockchain. With its unique offering, this platform presents a fresh opportunity for diversifying portfolios. The project’s commitment to transparency, experienced leadership, and physical address in Amsterdam add an extra layer of trustworthiness. Additionally, the dual functionality of earning passive income through staking and using staked tokens for betting sets Meme Kombat apart from other projects. As the GambleFi industry continues to thrive, Meme Kombat is well-positioned to tap into this lucrative market with its innovative approach. Don’t miss out on the future of meme-based gaming and betting—join Meme Kombat now.
Buy Meme Kombat Here
The post Is it Too Late to Buy Near Protocol? Near Price is Up 20% as Meme Kombat Smashes $4M Raised appeared first on Cryptonews.
By
By
By
By