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The buzz surrounding MemeFi, the viral online game, has hit a snag as its native token faces a price drop in premarket trading. Recently, the developers pushed back the listing date on exchanges from Oct. 9 to Oct. 30, raising concerns. What are the predictions for the token’s price moving forward?
Over the past month, the MemeFi (MEMEFI) coin experienced a remarkable price surge of 248% in premarket trading, according to CoinMarketCap. However, in the last 24 hours, it has seen a significant drop of 31.56%. As of today, Oct. 15, 2024, the token is trading at $0.0005372.
This latest decline highlights the ongoing volatility in its value.
What can we expect for the MemeFi coin following its potential listing on Oct. 30? And what is the MemeFi price prediction for 2024 and beyond?
What is MemeFi?
MemeFi is a blockchain-based game akin to Hamster Kombat and TapSwap. In this game, players dive into battles for control and resources in a world filled with diverse factions, each inspired by various memes. The game combines clicker mechanics with crypto mining and a Play-to-Earn model.
In MemeFi, you create your own one-of-a-kind character and team up with friends to form clans. The game’s highlight is the thrilling clashes between meme clans battling for control of resources and land. And throughout your journey, you’ll be earning and spending MemeFi tokens.
What drives the growth of the MemeFi coin? Let’s take a look at the latest news about the token.
MemeFi coin news
Since the MEMEFI token is not yet available on exchanges, you can’t cash out your earnings at the moment. If you’ve accumulated funds on the MemeFi platform and want to withdraw them, you’ll need to create an in-game wallet.
On Oct. 6, the official MemeFi X account announced that the highly anticipated coin listing has been rescheduled to Oct. 30, 2024, instead of the initially planned date of Oct. 9. This didn’t resonate well with crypto enthusiasts, resulting in a steep decline in the coin’s value.
Now, let’s take a look at the future MemeFi price predictions.
MemeFi price prediction: short-term outlook
According to CoinCodex, the MemeFi coin is predicted to soar by 225%, potentially hitting $0.001617 by Nov. 13, 2024.
As of Oct. 15, 2024, the overall sentiment for the MemeFi crypto price prediction remains neutral, with 13 technical analysis indicators showing bullish signals and 6 indicating bearish trends.
MemeFi coin price prediction 2024
What are the expectations for MEMEFI this year?
According to CoinCodex’s forecast for MemeFi, the token is expected to trade between $0.000498 and $0.002326 in 2024. If it hits the higher end of this range, MemeFi could see a jump of up to 370%.
DigitalCoinPrice, drawing from insights from investors and market experts, suggests that the MEMEFI token price might surpass its old high of $0.41 and settle between $0.00113 and $0.00118 soon.
Wallet Investor forecasts that the MemeFi token may reach a maximum price of $0.0008013 by the end of 2024.
Of course, it’s impossible to say what direction the MEMEFI price will head next, and investors should always be cautious of reading too much into the predictions listed on these sites.
Serious investors will tend to closely monitor price action and market-moving news and make their own price predictions based on personal, in-depth research before making a decision.
MemeFi coin price prediction 2025
According to DigitalCoinPrice’s MemeFi price prediction for 2025, its price could fluctuate between $0.00115 to $0.00137, with the most likely value stabilizing around $0.0013 by year’s end.
CoinCodex’s forecast for 2025 aligns with its prediction for 2024.
Wallet Investor’s prediction for the MemeFi token by the end of 2025 includes a low of $0.000986, an average of $0.00117, and a potential high of $0.00136.
MemeFi coin price prediction 2030
By 2030, CoinCodex expects the MEMEFI token to be priced somewhere between $0.001354 and $0.003094.
DigitalCoinPrice’s forecasts and technical analysis project that MemeFi’s price could reach a price of $0.00362 or $0.00394 by the end of 2030.
Is MemeFi a good investment? The projections are fairly modest. If the developers follow through and launch the token, there’s a chance you could see a return. Since we don’t yet know what the future holds for MemeFi, make sure to weigh the risks and decide if you’re up for spending your time on this game.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
This article first appeared at crypto.news
