Beam Price Prediction: Top Gainer BEAM Surges 24%, But Is This New GameFi ICO A Better Pick?

The
Beam
price
surged
24%
in
the
last
24
hours
to
trade
at

$0.03252
as
of
4
a.m.
EST
on
trading
volume
that
skyrocketed
618%
to
$121.6
million.

BEAM
saw
its
price
soar
in
tandem
with
Upbit
Korea,
one
of
the
most
trusted
global
digital
asset
exchanges,
announcing
several
new
BEAM
pairs.

By
adding
market
support
for
BEAM/KRW,
BEAM/BTC,
and
BEAM/USDT,
the
exchange
increased
exposure
to
the
asset,
drawing
new
traders
and
investors
to
add
it
to
their
respective
portfolios.

신규
디지털
자산
빔(BEAM)
거래지원
안내

✅
지원
마켓:
KRW,
BTC,
USDT
마켓
????
거래지원
개시
시점:
2024-05-31
18:00
~
19:00
예정

????
공지
바로가기:https://t.co/Di4vDFDD5A#Upbit

#BEAM

pic.twitter.com/PNWk0A50P2

—
Upbit
Korea
(@Official_Upbit)

May
31,
2024

BEAM
is
a
native
crypto
asset
of
the
Beam
Network,
a
gaming
network
empowered
by
the
Merit
Circle
DAO.
As
such,
Merit
Circle’s
actions
also
often
have
a
positive
impact
on
the
token,
such
as
the
DAO’s
decision
to
back
Ithaca
Protocol,
a
non-custodial,
composable
option
protocol.

Merit
Circle
x

@IthacaProtocol

We’re
excited
to
back
Ithaca
Protocol,
a
Non-Custodial,
Composable
Option
Protocol.

It
all
starts
with
participating
in
the
Pre-Seed
funding
round
alongside
notable
names
like

@wintermute_t
and

@CumberlandSays.

What
is
Ithaca?
????????

pic.twitter.com/xnIk4ooYS7

—
Merit
Circle
(@MeritCircle_IO)

May
30,
2024

Lastly,
Merit
Circle
also
recently

announced
a
Beam
game
called
Rumble
Arcade,
which
may
have
also
attracted
investors.

Beam
Price
Prediction

The
BEAM
price
has
skyrocketed
in
the
past
several
hours
in
a
sudden
and
rapid
surge
that
took
it
from
$0.025
to
$0.035
in
a
matter
of
minutes.
However,
the
price
has
since
corrected
to
$0.032,
only
to
surge
back
to
$0.035,
and
once
again
correct
to
$0.032.

The
question
now
is
where
will
it
go
from
here?

The
token’s
technical
indicators
do
not
provide
a
clear
picture,
as
some
suggest
the
continuation
of
a
bullish
trend,
while
others
indicate
that
a
greater
correction
might
happen.

For
example,
BEAM’s
Bollinger
bands
are
extremely
wide,
which
is
a
very
bullish
signal.
Compared
to
their
state
over
the
last
several
days,
the
bands
suggest
extreme
bullish
behavior.

However,
the
token’s
Relative
Strength
Index
(RSI)
value
has
ventured
deep
into
the
overbought
zone,
nearly
reaching
the
value
of
100.
Since
then,
it
has
dropped
to
68.42,
which
suggests
that
many
of
the
traders
have
taken
profit,
selling
their
BEAM
supply.
But,
the
RSI
is
still
in
the
overbought
zone,
albeit
not
as
deep
in
as
it
used
to
be.

This
suggests
that
other
traders
might
make
the
same
move
before
long,
opting
to
profit
before
the
price
sinks
deeper.
Of
course,
this
is
not
a
guarantee
and
a
new
bullish
wave
may
inspire
traders
and
investors
to
continue
buying,
although
this
is
a
less
likely
scenario.

Right
now,
BEAM
is
maintaining
certain
stability,
thanks
to
the
support
at
$0.032
being
fairly
strong,
and
capable
of
keeping
its
price
from
sinking
further.
But,
with
the
RSI
score
still
in
the
overbought
area,
many
might
take
this
as
a
signal
that
they
can
still
profit
from
selling,
which
means
that
the
support
might
be
broken
in
the
near
future.

Therefore,
traders
interested
in
working
with
BEAM
should
be
very
cautious
and
use
risk
management
tools
to
their
advantage
to
avoid
potential
losses.

A
Promising
Alternative
To
Beam

While
Beam’s
recent
surge
brought
major
gains
to
its
holders,
the
chances
are
that
the
token
will
see
a
correction
soon.
There
may
be
a
more
promising
alternative
in

PlayDoge
(PLAY),
the
new
mobile-based
P2E
game
that
transforms
Doge
into
a
2D
pet,
similar
to
a
hit
toy
from
the
‘90s,
Tamagotchi.

The
project
just
launched
its
presale
on
May
28,
and
it
is
still
in
the
first
out
of
40
scheduled
phases,
meaning
that
its
price
is
currently
at
its
lowest
point,
and
can
only
go
up
from
here.

PlayDoge
holds
massive
potential
due
to
its
combination
of
meme
coins,
gaming,
and
P2E.
Experts
such
as
crypto
YouTuber
Jacob
Crypto
Bury,
who
has
39.5k
subscribers,
believe
that
this
might
be
the
next
10x
potential
crypto.

The
project
has
already
raised
more
than
$588k
in
just
three
days.

Right
now,
PLAY
tokens
costs
only
$0.005
each.
A
price
hike
is
coming
in
less
than
21
hours
so
buy
now
if
you
are
interested
for
the
best
deal.

Visit
PLAY
official
website.
You
can
buy
PLAY
with
BNB,
USDT,
ETH,
or
a
credit/debit
card.

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