SatoshiVM

GambleFi

Manta Network

Million

Influencer

<div class="insidebitcoins">
 The SatoshiVM price has plummeted by 62% in the last 24 hours to trade at $3.93 as of 1:00 a.m. EST.&nbsp;
 This comes amid scam allegations from the community after a rollercoaster ride since the launch of the new Layer 2 network for the&nbsp;Bitcoin blockchain.&nbsp;
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 ❤💛💚💙
 🇺🇸 In recent news, it was revealed that $SAVM is owned by Scam Influencer 'MacnBTC'.
 He dumped $20 MILLION worth of tokens with 250 paid influencers.
 Innocent people's money have been stolen, as they were lied to.
 Many other influencers caught.
 SAVM -55% in 24hrs pic.twitter.com/cRMQNdvGZD
 — yourfriendSOMMI ❤️💛💚💙 (@yourfriendSOMMI) January 25, 2024
 </blockquote>
 
 <h2 id="span-style-font-weight-400-satoshivm-price-prediction-span">SatoshiVM Price Prediction</h2>
 Analyzing 1-hour SatoshiVM/USDT charts, we see that the market is in a downtrend, as indicated by the price being consistently below the moving average (orange line) and the Bollinger Bands (BB) widening, which suggests increasing volatility to the downside.
 Additionally, from the Bollinger Bands (BB), we see that the price has been trading towards the lower band, indicating that it is in a strong downtrend. The Relative Strength Index (RSI) is near the 33 mark, which is close to the oversold threshold of 30. This indicates that the market is not in the oversold territory yet but could soon be.&nbsp;
 The Average Directional Index (ADX), used in gauging market trends, is above 40, which indicates a very strong trend. Given the overall context, this strong trend is a downtrend.
 The last few candlesticks show a mix of red and green with no dominant momentum, indicating some indecision in the market. However, the presence of long red candles before this pattern indicates strong selling pressure.
 <h2 id="span-style-font-weight-400-satoshivm-price-prediction-what-are-the-chances-of-a-reversal-span">SatoshiVM Price Prediction: What Are The Chances of A Reversal?</h2>
 Despite the general bear trend on the token, the northern trajectory on the RSI could suggest some mounting bull pressure, which would indicate a potential reversal.
 The Awesome Oscillator (AO), currently below zero, is reverting towards the positive region with green histograms, which suggests building bullish momentum in the market.
 The price has recently experienced a slight increase, as indicated by the few green candlesticks that are forming at the end. However, without a significant increase in volume or a change in the position relative to the moving average, this may not indicate a trend reversal. Additionally, looking at the Bollinger Bands again, the price action is not showing signs of rebounding strongly back to the upper band, which would suggest a potential reversal.
 <img decoding="async" class="alignnone size-full wp-image-475416" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%202538%201266'%3E%3C/svg%3E" alt="" width="2538" height="1266" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 2538w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 300w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 1024w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 768w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 83w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 1536w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 2048w" data-lazy-sizes="(max-width: 2538px) 100vw, 2538px" data-lazy-src="https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp">
 <noscript><img decoding="async" class="alignnone size-full wp-image-475416" src="https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp" alt="" width="2538" height="1266" srcset="https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 2538w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 300w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 1024w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 768w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 83w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 1536w, https://cdn.thebittimes.com/images/2024/01/26/7f23bbc5e8ceb1a1633e8f7b519f5a83.webp 2048w" sizes="(max-width: 2538px) 100vw, 2538px">
 </noscript>
 1-hour SatoshiVM/USDT | Source: TradingView
 Generally, the market is in a strong downtrend, as indicated by most of the technical indicators. There is some recent price stabilization, but the indicators do not yet suggest a reversal.
 Meanwhile, as the SatoshiVM price plummets, Meme Kombat is emerging as another promising alternative for meme coin lovers with the the project ranking among 2024’s top presale picks.
 <h2 id="span-style-font-weight-400-is-mk-the-go-to-meme-coin-span">Is MK The Go-to Meme Coin?</h2>
 Described as “an innovative gaming platform designed for enthusiasts,” the Meme Kombat ecosystem runs on the MK token. More than $7.4 million has been raised during the project’s presale, with the MK token presently selling for $0.279.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We have surpassed the $7.4 million mark in the $MK presale🥊
 One step closer to finishing this up⚔️ pic.twitter.com/QdKOPIjv5G
 — Meme Kombat (@Meme_Kombat) January 25, 2024
 </blockquote>
 
 Players may take part in combat as various meme characters, choosing their favorite meme coins and various betting odds. Players get the chance to engage in larger conflicts in addition to the usual ones that even bigger rewards.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 You get to play any one of them right now. Which one are you picking? pic.twitter.com/zp8Zi6IRJK
 — Meme Kombat (@Meme_Kombat) January 23, 2024
 </blockquote>
 
 Anyone who purchases MK tokens during the presale may <a rel="noopener noreferrer nofollow" title="start" href="https://thebittimes.com/tag/start.html">start</a> collecting APY on their tokens right now without having to wait for fights. The annual percentage yield (APY) is now at 125%.
 Crypto analyst Jacob Bury says the project has the potential to be the next Pepe.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/-9be61DTSZk" data-id="-9be61DTSZk" data-query="feature=oembed" data-alt="Is This Meme Coin The Next PEPE COIN or BONK COIN?!"></div>
 <noscript><iframe title="Is This Meme Coin The Next PEPE COIN or BONK COIN?!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/-9be61DTSZk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </noscript>
 
 To participate in the MK presale, visit the official website here.
 <h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
 <ul>
 <li style="font-weight: 400;" aria-level="1">Manta Network Price Prediction: MANTA Pumps 30%, But Analysts Say This Booming ICO Might Be The Best Crypto To Buy Now</li>
 <li style="font-weight: 400;" aria-level="1">New Play-to-Earn Meme Coin Aiming to Become the Next GambleFi Gem</li>
 <li style="font-weight: 400;" aria-level="1">New Stake-to-Earn Gaming Meme Coin Presale Surpasses $7 Million Milestone</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/satoshivm-price-prediction-savm-plummets-62-as-this-gamefi-upstart-closes-on-7-5-million-in-presale-tbt77852.html">https://thebittimes.com/satoshivm-price-prediction-savm-plummets-62-as-this-gamefi-upstart-closes-on-7-5-million-in-presale-tbt77852.html</a>
</div>

SatoshiVM Price Prediction: SAVM Plummets 62% As This GameFi Upstart Closes On $7.5 Million In Presale

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