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Meta Games Coin Price Prediction: MGC Tops Monthly Gainers With 133% Pump, But Is This P2E Meme Coin A Better Pick?

Jul 15, 2024 #仮想通貨
Meta Games Coin Price Prediction: MGC Tops Monthly Gainers With 133% Pump, But Is This P2E Meme Coin A Better Pick?

Meta Games Coin (MGC) has emerged as the top monthly gainer among the biggest 200 cryptos by market cap, with a 133% pump. This performance has sparked interest in MGC’s future prospects and its position as a leading P2E meme coin.

Points

  • Meta Games Coin (MGC) recorded a 133% gain, topping monthly gainers.
  • MGC’s performance is driven by its listings on centralized exchanges.
  • The coin trades above both the 50-day and 200-day Simple Moving Averages (SMAs).
  • MGC’s bullish trend is supported by strong buying pressure and positive technical indicators.
  • PlayDoge, another P2E meme coin, is also gaining traction with its unique gaming approach.

Meta Games Coin Price To Continue Soaring Over The $0.25 Resistance

Meta Games Coin (MGC) has seen a remarkable 133% increase, making it the top monthly gainer among the biggest 200 cryptos by market cap. This impressive performance has been fueled by MGC’s listings on centralized exchanges, with the latest being on SuperEX.

Meta Games Coin Price Chart Analysis Source: GeckoTerminal.com

Currently, MGC bulls are looking to push the token towards a bullish trend reversal, with the price trading above both the 50-day and 200-day Simple Moving Averages (SMAs). There is intense buying pressure, with the Relative Strength Index (RSI) rebounding from the 50-midline level as it moves towards the 70-overbought region, currently at 60.

The buying pressure coincides with the Moving Average Convergence Divergence (MACD) line crossing above the signal line and trading over the zero line. The green bars on the histogram extend above the neutral line, confirming MGC’s positive momentum.

Meta Games Coin Price Prediction

According to Meta Games Coin price analysis on the 4-hour chart, MGC is set for a bullish trend reversal over the $0.2532 resistance level, as investors look to capitalize on the double bottom pattern to push the token to the $0.2864 resistance. However, with the RSI soaring, the token is set to become overvalued, which may prompt a slight selloff. In this scenario, the MGC price may retrace back to the $0.2242 support level (200-day SMA).

PlayDoge Presale Zooms Towards $6 Million – Best Meme Coin To Buy Now?

PlayDoge

is a mobile-based play-to-earn (P2E) game transforming the DOGE meme into a Tamagotchi-style virtual pet, allowing users to earn $PLAY tokens. The project is gaining traction with its unique approach, offering users the opportunity to care for their virtual dog, take them on adventures, and earn rewards in the process.

Don’t ghost your #Doge or it’ll die 👻

https://twitter.com/PlayDogeGame/status/1796577377746620905

According to Jacob Bury, a prominent crypto analyst and YouTuber, PlayDoge has the potential to surge 10X after its launch. With a presale price of $0.00518 per $PLAY token, investors have a limited window to lock in the best deal before the price hike.

解説

  • Market Performance: Meta Games Coin’s (MGC) impressive 133% gain positions it as a top performer, driven by strategic listings and strong technical indicators.
  • Technical Analysis: MGC’s bullish trend is supported by positive signals from the RSI and MACD, indicating continued upward momentum.
  • Investor Opportunities: The P2E gaming market, exemplified by PlayDoge, presents unique investment opportunities with significant growth potential.
  • Future Prospects: MGC’s technical setup and PlayDoge’s innovative approach highlight the promising future of P2E meme coins in the crypto market.
  • Investment Strategy: Investors should monitor technical indicators and market trends to capitalize on potential gains in MGC and PlayDoge, while managing risks associated with market volatility.