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

October 2, 2023
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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 value to the present worth of $0.000000001937.

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

Paw Token Value Forecast

On the four-hour timeframe, Paw value 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 Shifting Common Convergence Divergence (MACD). Equally, the histograms of the Superior Oscillator (AO) are flashing crimson, exhibiting 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 giant traders take the lead. As such, volatility is anticipated, with low quantity of trades making the market extremely risky. Additionally it is unattainable to disregard the truth that pump and dump schemes have been on the rise of late, significantly for brand spanking new tasks. This underscores the necessity for further warning.

TradingView: PAW/USD 4-hour chart

Alternatively, the 9-day Shifting Common (MA) continues to offer assist for Paw value at $0.000000001688. The related smoothed MA additionally provides an extra layer of assist for PAW at $0.000000001412. This place is bolstered by the Parabolic SAR, which continues to trace the value motion from under. This reveals that Paw stays bullish, with the potential for extra positive aspects.

Elevated shopping for strain above present ranges might see Paw value 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 undertaking that’s outperforming is MK, the ticker for the Meme Kombat ecosystem, a gaming platform designed for gaming lovers.

🔥 Introducing $MK | @Meme_Kombat

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

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

TG -… pic.twitter.com/rApnGbeDX0

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

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

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

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

– Doxxed staff ✅– $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 undertaking remains to be within the presale stage, with a single MK promoting for $1.667. Up to now, presale collections have already reached $163,780, steadily edging towards the $1 million goal. Purchase MK tokens with Ethereum (ETH) or Tether (USDT).

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

Don’t look ahead to 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 purpose 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 consultants who’ve predicted excessive returns for MK. He has supplied a really insightful overview of the Meme Kombat undertaking. Bury anticipates 10X progress potential for early traders within the Meme Kombat undertaking.

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

Meme Kombat tokenomics

Be a part of the Meme Kombat group right here

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