Honk Price Prediction: Solana Meme Coin HONK Plunges 14% As This New GameFi Presale Soars Towards $8 Million.

great price sudden drop It is up more than 14% in the last 24 hours, trading at $0.01399 as of 11:45 PM ET.

Honk price has formed a bearish channel.

HONK/USDT 4-hour chart (Source: TradingView)

that much make cry Prices have been trading in the integrated channel since January 27th. However, over the past 24 hours, the altcoin has printed a series of lower lows and lower highs. This created a downward price channel. If this selling pressure continues, HONK could soon retest the $0.012040 support level.

If Honk price can overcome $0.016115 resistance, this bearish theory could be invalidated. Not only will this place it above the current bearish channel, but it will also result in the cryptocurrency converting the $0.016115 resistance into support. Buyers can then identify this as a long item, which can then be make cry Increase. As a result, Honk price may attempt to break the $0.019125 threshold.

Horn prices are trying to break the negative cycle

Hawk price is currently attempting to overcome the middle level of the falling price channel. A 4-hour candle closing above this point could be an early sign of a bullish move. Conversely, if HONK fails to establish a position above this mark, there is a risk of it continuing to decline over the next 48 hours.

Honk prices may continue to fall, but Meme Kombat is quickly approaching $8 million in presales.

Game introduction to Meme Coin Space

combat memes is a decentralized gaming platform where the most well-known memes will soon face off against each other. Token holders can bet on these battles on who will be the winner.

If your character wins, you will receive a reward. In addition to this, more hyped battles will take place within the ecosystem, which will give players the opportunity to win more lucrative rewards.

The goal of $7.6 million has been reached!

We keep pushing! $8 million plus $25 million prize🥊 pic.twitter.com/muZYlQPg4J

— Meme Kombat (@Meme_Kombat) January 28, 2024

In addition to the possibility of earning rewards, Meme Kombat also offers a staking program that offers early-stage investors an attractive Annual Percentage Yield (APY) of 122%. Investors who purchase the project token, MK, through the pre-sale will automatically stake their tokens.

Are you trying to become the next Meme Coin King?

A few lucky investors have been able to make significant profits by trading new meme coins over the past few months. Now investors are poised to profit from the rise of Meme Kombat, as evidenced by the project’s booming pre-sales.

One potential reason why Meme Kombat is exciting so many investors is the Meme Coin community and its appeal as an innovative gaming platform. Not only does this introduce a high level of utility not typically associated with meme coin projects, it also positions the project to fully capitalize on the rapidly growing blockchain gaming sector.

The cryptocurrency is selling for $0.279 and can be purchased using Ether (ETH), Tether (USDT), bank cards, or Binance Coin (BNB).

Visit the official website and purchase Meme Kombat here.

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