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Request’s REQ Price Prediction: Might REQ Triple Its Value with Growing Demand for Decentralized Invoicing?

October 13, 2023
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A shock bullish transfer in Request’s REQ caught many traders unexpectedly. Previously few weeks, the token’s value had been fluctuating.

Request trades at $0.114129 per (REQ / USD) with a market capitalization of $114.10M. Its every day common commerce is $73.79M, and with a circulating provide of 999.72M, demand has elevated by 83.84% since final evening.

Request REQ Value Indicators Bullish Transfer to $0.085 Help

REQUSD Value Chart by Tradingview.com

Request (REQ)’s bullish momentum has attracted extra consumers, propelling the worth above and reaching the vital resistance level at $0.12.

REQ value prediction gained bullish momentum from the $0.06 assist zone, a robust basis for consumers. We see this within the vital spike coinciding with the 50-day and 200-day easy transferring averages.

Nonetheless, the bulls encountered rejection at $0.12, resulting in a short lived retreat to the $0.085 assist zone. They regrouped to extend the worth. Bulls could purpose to surpass the $0.12 barrier if bullish sentiment persists, driving increased costs.

The 50-day and 200-day transferring common indicators are positioned under $0.065 and $0.071, respectively, additional reinforcing this bullish sentiment.

The relative energy index (RSI) strikes downward at 60, exhibiting a rebound under 70. This means potential shopping for strain pushing the RSI above the overbought area at 70.

Primarily based on this evaluation, the Request REQ value stays bullish, receiving assist from the SMAs and the RSI. The bulls could break by the resistance stage and obtain new highs within the coming weeks, with the important thing resistance stage at $0.12. Some imagine Request is a promising cryptocurrency and will rise considerably.

Why the Upward Pattern in Request’s REQ Value?

One motive for this upward development, which might triple Request’s worth, is not less than 2,000 companies and tasks use Request to handle their decentralized payroll and invoicing. These embrace The Sandbox, Maker Basis, AAVE, Fantom Basis, and Gnosis.

Request Finance, Request Create, WooReq, and payroll administration can be found as a part of the Request suite of merchandise. Moreover, it helps a number of cryptocurrencies and stablecoins on numerous blockchains and 10+ fiat currencies. Assuming extra collaborations and developments quickly, $0.126815 is formidable however possible. The rise might be gradual, however no main drops are anticipated. $0.108699 stands out as the minimal worth for REQ.

As you await the token’s anticipated development, why not broaden your portfolio with the stake-to-earn program within the Meme Kombat presale? The mission is poised to earn early traders excessive returns.

MK Pre-Sale Reaches Practically Half of $1 Million Goal

The Meme Kombat(MK) presale has picked up steam, amassing $474,135, nearing the midway mark of its $1 million fundraising aim.

Your ideas on the $MK tokenomics updates?

We’re simply gearing up for kombat ⚔️ pic.twitter.com/tDJ8NgcEVV

— Meme Kombat (@Meme_Kombat) October 11, 2023

Out of the entire token provide of 120 million, roughly 50% is for the presale. One other 30% is for staking and battle rewards, 10% goes to group rewards, and the ultimate 10% is for decentralized change liquidity.

Customers can purchase Meme Kombat tokens ($MK) for $1.667 per token.

Thrilling Seasons and Future Development of Meme Kombat

Meme Kombat is a gaming platform offering customers with a number of alternatives to earn rewards utilizing their gained MK tokens. It additionally gives numerous types of leisure, together with watching the preferred memes battle. It additionally gives to guess on outcomes, and difficult stakers in direct competitions.

Meme Kombat MK will use seasons to attain this aim, a preferred idea in conventional gaming. The primary Battle season (Season 1) was unveiled this month following the platform launch.

The season will embrace 11 standard crypto memes like DOGE, SHIB, PEPE battles, leaderboards, and extra. Consequently, setting the stage for steady gameplay, attracts gamers, and fosters group engagement. Stakers can watch and guess on their favourite memes as they battle.

What else you going to do when market is dangerous. Let off some steam within the area 😈#MemeKombat pic.twitter.com/3zUIe7opya

— Meme Kombat (@Meme_Kombat) October 10, 2023

Meme Kombat will launch Season 2 in December 2023. It will characteristic new battles, rewards, and alternatives additional to solidify Meme Kombat’s presence in blockchain gaming.

Moreover, Meme Kombat MK seems to be ahead to introducing new gameplay modes and forming further partnerships because it grows.

Meme Kombat Staking and Play-to-Earn Options

Meme Kombat’s stake-to-earn and play-to-earn options present profitable alternatives. Buyers can stake their tokens and obtain a powerful 112% Annual Proportion Yield (APY), because of the allocation of 30% of the token provide for staking and battle rewards.

Satoshi Staker explains to his 282,000 YouTube subscribers how Meme Kombat works and easy methods to leverage its staking characteristic.  

You’ll be able to join their web3 pockets to the Meme Kombat web site and acquire the tokens utilizing ETH, BNB, or USDT (ERC-20 and BEP-20).

Associated Information

Sam Bankman-Fried’s Alameda Analysis Misplaced At Least $200 Million To Safety Breaches, Former Engineer SayWhy this New Meme Coin May Pump 10X Subsequent

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Tags: decentralizedDemandGrowingInvoicingPredictionPriceREQRequestsTriple
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