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Is FINE Positioned for a 22% Price Climb Inspired by Meme Kombat?

September 25, 2023
in Bitcoin
Reading Time: 7 mins read
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Nice value is down 8% within the final 24 hours and 4000% since its launch on the Uniswap decentralized change on Sept. 7. On the time of writing, FINE is buying and selling at $0.00000001186 with a market capitalization of $5.08 million, with $431,930 in liquidity.

It’s among the many trending articles on DEXTools in the intervening time.

Hot Pairs Dextools
Supply: DEXTools

The 24-hour buying and selling quantity was $1.19 million, in accordance with information from CoinMarketCap. 

On Sept. 7, the crew behind Nice, a meme coin, launched the $FINE to leverage the continuing market lull to solidify its presence. Highlighting that “that is high-quality” on the X social media platform, the undertaking advertises itself because the go-to place for your complete business to rally behind.

“With all of the uncertainty about market situations, laws, and political occasions,” FINE commits to taking traders from the depths of the bear market, with promise even for the skeptics that “EVERYTHING IS FINE.”

the “that is high-quality” meme is one this whole house can rally behind. with all of the uncertainty about market situations, laws & political occasions. on the depths of the bear market, we maintain the angle that EVERYTHING IS FINE.

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 pic.twitter.com/76SFNhb1r4

— $FINE (@thisisfinerc) September 11, 2023

On Friday, BitGet, a number one crypto derivatives and buying and selling platform, introduced that it was itemizing the FINE token. 

🔥 The hype for $FINE is ramping up on #Bitget! @thisisfinerc

🚀 Commerce $FINE now: https://t.co/HnORFDjl25

— Bitget (@bitgetglobal) September 22, 2023

Earlier, the token had secured a list on the MEXC change, additional solidifying its recognition.

🚨#MEXC new listings alert!

📈 $FINE/USDT will listing within the Innovation Zone at 09:00 on Sep 13 (UTC).

🔹Deposit: Opened🔹Withdrawal: Sep 14, 09:00 (UTC)

Particulars: https://t.co/vHC30H6D7r pic.twitter.com/N0n6qN4rXK

— MEXC (@MEXC_Official) September 13, 2023

With a liquidity pool of over $442,000, FINE boasts a good reserve of tokens, although DEXTtools can’t observe any liquidity of provide locked in sensible contracts. Such a stash permits merchants to swap tokens for different currencies or fiat currencies simply. 

A undertaking with a sound liquidity pool makes buying and selling extra easy, quicker, and handy. Such a undertaking instructions confidence amongst traders, which is, in flip, favorable for its value development. 

FINE Stares Into An Abyss As Losses To $0.0000000060 Loom

The Nice value motion painted a descending triangle chart sample on the every day timeframe, as proven under. The triangle’s hypotenuse, suppressing the value since Sept. 21, was appearing as speedy resistance with the 50-day Easy Transferring Common (SMA). The equal lows round $0.00000001186 outlined the triangle’s horizontal line and supported the brand new altcoin. 

Due to this fact, a every day candlestick shut under the x-axis at $0.00000001186 would set off huge orders. The following promoting stress might push FINE first towards $0.00000001179 and later to the pessimistic goal of the governing chart sample round $0.0000000060. This might symbolize a 49% decline from the present value.

FINE/USD Two-hour Chart

Fine Price Chart - Sept 25
TradingView Chart: FINE/USD

Aside from the governing chart sample, this gloomy outlook was supported by the downward-facing Easy Transferring Averages (SMAs). Additionally, word that these SMAs had been transferring above the value, representing areas of huge resistance. These had been areas outlined by the 20-two-hour SMA, the 50 SMA, and the 100-period SMA at $0.00000001288, $0.0000000166, and $0.00000002641, respectively. 

As well as, the Relative Power Index (RSI) was going through downwards. The value power at 38, near the oversold area, instructed that bears managed the value. This meant that the trail with the least resistance was downward.

Issues might favor the patrons if the FINE value turns up from the present ranges to provide a two-hour candlestick shut above the 50 SMA. This might affirm a bullish breakout from the governing chart sample to tag the $0.0000000155 psychological degree. This might mark a 22% uptick from the present ranges, the place FINE’s upside may very well be capped within the brief time period.

FINE Alternate options

Meme Kombat

Meme Kombat is a brand new stake-to-earn (S2E) gaming token that has simply launched its presale in what’s shaping as much as be one of many 12 months’s most enjoyable releases. This revolutionary blockchain-powered playing undertaking seamlessly blends the memetic love of nostalgic gaming and GambleFi right into a decentralized Web3 platform.

$MK, an Ethereum-based crypto, is the native token of the Meme Kombat undertaking. Its presale was launched on Friday, Sept. 22. The crew behind $MK has already raised near $60,000 inside three days, exhibiting preliminary stable investor curiosity. 

The $MK presale is formally dwell!

🚶Go to our website🤝Be a part of our Telegram🫶Activate notifications

It is time to put together for Kombat 🥷 pic.twitter.com/SrrnD6kwjm

— Meme Kombat (@Meme_Kombat) September 21, 2023

Now you can purchase Meme Kombat ($MK) for $1.667 and begin staking and incomes instantly. The $MK token presale has a tough cap of $10 million. It has a complete provide of 12 million $MK, 50% of which is allotted for the presale.

To purchase Meme Kombat, go to the undertaking web site right here, join your pockets and fund it with USDT or Ethereum, and get some $MK tokens. You can too purchase the token on the BNB Sensible Chain. 

It has a roadmap outlining its plans to extend utility additional and provides an annual share yield (APY) on staking of 112%.

Meme Kombat Staking

With the GambleFi business booming following cash like Rollbit, Meme Kombat appears poised to faucet into this profitable market with its progressive strategy.

The platform is presenting one thing contemporary to the crypto group by merging memes, gaming, and blockchain.

For these seeking to diversify their portfolio with a novel providing, Meme Kombat looks as if a possibility too good to overlook – so don’t be left behind. Embrace the way forward for meme-based gaming and betting with Meme Kombat.

Go to Meme Kombat right here for extra details about the undertaking and methods to take part within the presale.

Associated Information

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