Is It Too Late to Buy Bittensor? TAO Price Rises 18% as All Eyes Turn to Meme Kombat – Next Pepe Coin?
Bitcoin’s price surge to $42K has reignited the AI narrative in the crypto space. As a result, Bittensor, an emerging AI crypto, has experienced an 18% increase in its native TAO price. However, you may be wondering if it’s too late to buy Bittensor at this point.
TAO Price Analysis: As Bittensor Explodes +18%, Is It Too Late to Buy Bittensor?
Currently trading at a market price of $326, Bittensor’s TAO price has seen a 24-hour change of -3.4%. The recent surge in TAO price can be attributed to a bounce triggered by the 20DMA, resulting in a 47% increase in just four days. Despite a retracement, there is strong support at $307.5, providing an opportunity for TAO bulls to consolidate their position. If bulls can hold this level, TAO price may soon push above $350. However, it may take some time due to the lagging 20DMA at $255. The RSI indicates a consolidatory outlook, while the MACD suggests bullish momentum.
Meme Kombat Presale Heads For Exchange Launches With $2.4m Raised– Don’t Miss Out!
Meme Kombat is an innovative project that combines memetic love for nostalgic gaming with GambleFi on a decentralized Web3 platform. The project allows players to place bets on animated battles between meme characters and offers transparent and unpredictable outcomes. Season 1 features 11 distinct meme characters, and Season 2 is already planned for December 2023. Meme Kombat’s commitment to transparency is evident through initiatives like the upcoming security audit of their smart contract. The project is led by Matt Whiteman, an experienced professional in the crypto space, and offers attractive tokenomics with a high APY of 112%. Engaging on the platform can directly influence earnings, making Meme Kombat a unique opportunity in the crypto community.
Hot Take: Bittensor’s TAO Price Surge and Meme Kombat’s Promising Presale
As Bitcoin’s price continues to rise, the AI narrative has gained momentum once again. Bittensor’s TAO price has seen a significant increase of 18%, but you may be wondering if it’s too late to invest in this emerging AI crypto. On the other hand, Meme Kombat is capturing attention with its innovative approach to meme-based gaming and betting. The project offers transparent outcomes, attractive tokenomics, and the promise of exciting battles between meme characters. With a presale that has already raised $2.4 million, Meme Kombat seems poised for success in the growing GambleFi industry. Whether you choose to invest in Bittensor or explore the unique opportunities offered by Meme Kombat, both projects are worth keeping an eye on in the crypto space.
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