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Paw Pumps 47% on DEXTools – Yet Another Scam, Or A Potential Pepe Coin?

October 2, 2023
in Bitcoin
Reading Time: 5 mins read
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Paw (PAW) token pumped 47% on DEXTools on September 30 and it’s up nearly 147,000% in ten days from the ground worth to the present worth of $0.000000001937.

As engaging because the surge is, buyers should at all times commerce with warning and conduct their very own analysis earlier than investing. However that, the outstanding surge by Paw worth provides off some Pepe Coin (PEPE) vibes, which exploded 125% upon itemizing on debuting on Binance Alternate.

Paw Token Value Forecast

On the four-hour timeframe, Paw worth chart reveals that whereas the token stays on an uptrend, revenue taking has begun, with the token dropping round 6% within the final 24 hours. The technical that is indicated by the fading histogram bars of the Transferring Common Convergence Divergence (MACD). Equally, the histograms of the Superior Oscillator (AO) are flashing purple, displaying the presence of sellers or bears out there. This threatens the upside potential for PAW.

Cognizant that it’s a weekend, retail merchants are within the again seat as massive buyers take the lead. As such, volatility is anticipated, with low quantity of trades making the market extremely risky. Additionally it is unimaginable to disregard the truth that pump and dump schemes have been on the rise of late, notably for brand spanking new tasks. This underscores the necessity for further warning.

Paw price
TradingView: PAW/USD 4-hour chart

Alternatively, the 9-day Transferring Common (MA) continues to supply help for Paw worth at $0.000000001688. The related smoothed MA additionally provides a further layer of help for PAW at $0.000000001412. This place is bolstered by the Parabolic SAR, which continues to trace the worth motion from under. This reveals that Paw stays bullish, with the potential for extra features.

Elevated shopping for stress above present ranges might see Paw worth overcome the fast barrier at $0.000000002059. Additionally, whereas the profit-taking begins, the bullish outlook would solely be invalidated as soon as PAW breaks and closes under the 0.0000000003902 degree. That is the final decrease excessive that kick-started the uptrend after a interval of consolidation within the 4-hour timeframe.

PAW Various

One other mission that’s outperforming is MK, the ticker for the Meme Kombat ecosystem, a gaming platform designed for gaming fanatics.

🔥 Introducing $MK | @Meme_Kombat

Meme Kombat is an revolutionary new gaming platform designed for gaming fanatics. #GameFi sector is rising, so it’s price checking 💯

Devs are doxxed on web site, presale is ongoing and so they already raised $100K+Lets see the way it goes.

TG -… pic.twitter.com/rApnGbeDX0

— Crypto Normal 🦄 (@DaCryptoGeneral) September 28, 2023

As its web site says, “Meme Kombat is an revolutionary new gaming platform designed for gaming fanatics. From energetic betting to passive staking, there are rewards for all customers.“

The mission was not too long ago endorsed by Crypto Tony, a person of social media platform X, identified for insightful buying and selling and investing methods within the crypto taking part in discipline.

New presale i’m deliver some consciousness too .. Legends at @Meme_Kombat who’re an revolutionary new gaming platform designed for hardcore players.

– Doxxed group ✅– $100,000 raised already ✅– Passive staking ✅– AD / NFA / DYOR ✅

– Presale hyperlink : https://t.co/TWAEnq5WG0– TG :… pic.twitter.com/r6xtdbBmeX

— Crypto Tony (@CryptoTony__) September 28, 2023

The mission remains to be within the presale stage, with a single MK promoting for $1.667. To date, presale collections have already reached $163,780, steadily edging towards the $1 million goal. Purchase MK tokens with Ethereum (ETH) or Tether (USDT).

The mission presents buyers or group members (MK holders) many alternatives for earnings incomes. As soon as you purchase MK, you do not want to shelve the token in anticipation for a worth surge upon itemizing. Use it to develop your earnings by staking, with Annual Proportion Yields (APY) as excessive as 112%. Taking one other quote from the web site:

Don’t await battles, start incomes APY on $MK tokens in the present day by shopping for the presale.

The Meme Kombat ecosystem presents gamers an opportunity to purchase and stake MK, betting on thrilling meme battles, with the aim of profitable extra tokens, amongst different prizes. Extra apparently, you get the possibility to decide on your winner, both on metrics of profitable odds, or easy favouritism.

Who is able to see some Kombat? Is there an apparent winner between @wojakcoineth and @pepe2coineth ? pic.twitter.com/6SJ6fQGN0W

— Meme Kombat (@Meme_Kombat) September 28, 2023

In the meantime, YouTube analyst Jacob Bury joins specialists who’ve predicted excessive returns for MK. He has supplied a really insightful overview of the Meme Kombat mission. Bury anticipates 10X development potential for early buyers within the Meme Kombat mission.

The mission tokenomics are additionally community-oriented, which is proof of how a lot the mission is dedicated to MK holders.

Meme Kombat tokenomics

Be part of the Meme Kombat group right here

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