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THORChain Projections: Exploring the 1% Increase in RUNE Value and Market Excitement

THORChain Projections: Exploring the 1% Increase in RUNE Value and Market Excitement

The Bullish Outlook for RUNE

The price of RUNE has rebounded on the lower boundary of the triangle, as indicated by the short, succeeding green candlesticks. The crossing of the 50-day and 200-day moving averages at $1.28 suggests that the bulls have taken control and may drive the price higher. Both simple moving averages are currently trading below the price of RUNE, confirming a bullish outlook. The relative strength index (RSI) indicates intense buying pressure, potentially leading to the RSI surging into the overbought region of 70.

RUNE is experiencing a gradual surge in a bullish trend. Supported by the ascending triangle and the moving averages, it has the potential to break above the triangle’s upper boundary and reach $2.02 and $2.5. However, if the bears seize the opportunity, support may be needed at the $1.4 and $1.57 levels.

Meme Kombat (MK) Presale Selling Fast

The presale of Meme Kombat (MK) has reached $101,102.15 in funding just a week after its launch on September 21. This signifies solid interest from investors in the native token of the Meme Kombat project, which operates on the Ethereum blockchain. MK sets itself apart by offering a blockchain network that combines memes and play-to-earn (P2E) gaming. The team believes that building on Ethereum creates a unique and engaging experience.

Investors participating in the Meme Kombat presale can benefit from an innovative program that automatically stakes purchased tokens and accumulates rewards. The project welcomes participants from all corners of the crypto market, including those interested in betting, allowing users to engage in battles or observe strategically.

Earn Passive Income through P2E Gaming

The Meme Kombat Token ($MK) is at the core of the P2E and gaming ecosystems. Users utilize this token for various network activities, including as the primary currency for the Meme Kombat arena game, automating battles, enabling wagering, and supporting staking for passive income generation. Half of the total supply of $MK, equivalent to 12 million tokens, is available for purchase in the presale. The proceeds will fund initiatives such as raising initial capital and fostering the community.

Meme Kombat has allocated a substantial portion of tokens for staking and battle rewards to emphasize community engagement. Prominent YouTube influencer Austin Hilton recently shared his positive assessment of MK, indicating that this project is not to be missed.

You can purchase Meme Kombat ($MK) for $1.667 and immediately begin staking and earning. Participating in the presale is a straightforward process accessible to all investors. Simply connect your digital wallet and fund it with ETH or USDT on the Ethereum blockchain or BNB or USDT on the Binance Smart Chain (BSC).

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THORChain Projections: Exploring the 1% Increase in RUNE Value and Market Excitement