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Cryptocurrency News Articles

Monsta Mash Launches a GameFi Challenge Amidst Investor Rush to Buy $MASH Tokens

Nov 16, 2024 at 12:26 am

Cryptids – Monsta Mash announced its in-game challenge launch today. This comes as the excitement around the $MASH presale builds, with a huge influx of whales.

Monsta Mash Launches a GameFi Challenge Amidst Investor Rush to Buy $MASH Tokens

The global crypto market cap rose by about 1.84% in the past 24 hours, recording a market cap of $3.14 on November 14.

At the time of press, Bitcoin price has declined by 4.4% to $88,175. Similarly, Ethereum’s price has gone down by 6.56% to $3080. Earlier in the day BTC had increased to a new ATH of $93k while ETH was trading above $3200. Could this be the start of a bearish trend?

Meanwhile, Monsta Mash ($MASH) a new entrant into the crypto scene has seen huge transfers of BTC and ETH into the project. This indicates that the BTC and ETH whales might be switching to $MASH. What could have inspired the move?

Why Whales Are Investing in Monsta Mash ($MASH)

The Cryptids – Monsta Mash has taken the crypto space by storm with its carefully designed utility token $MASH. The project is a play-to-earn game which combines fun and investment, gamers get to play diverse gaming models, with impressive challenge levels while earning rewards. Investors who buy in, get to hold tokens that will always be in demand by design, hence sustainable value growth. Also, they get to stake the coins via MashYields, gaining more ROI.

Analysts are anticipating a 1000% surge as soon as Q1 of 2025. If you are yet to join the community, grab some $MASH now on presale at $0.0018.

Bitcoin Dips as BTC Miners sell-off Weight

Bitcoin recently surged hitting new ATHs above $90k. According to analysts, this may have triggered investors to take profit. Miners might have been the largest contributors to the selling pressure. On the other hand, the Bitcoin ETF launched earlier this year continues to attract institutional investors. If the inflow from Bitcoin ETFs continues, it might act as a cushion to a bearish trend. Notably, the RSI has been observed to be around 80; which indicates an overbought state. This points to bullish exhaustion and a possible trend reversal. Traders are warned to be cautious not to add more BTC to their portfolios. This might explain the interest in other coins that might be trend survivors.

Monsta Mash Launches a GameFi Challenge Amidst Investor Rush to Buy $MASH Tokens

Cryptids – Monsta Mash announced its in-game challenge launch today. This comes as the excitement around the $MASH presale builds, with a huge influx of whales. The challenge is set to take off with a lot of activity and challenge with players looking to win the coveted 1,000,000 $MASH tokens prize.

The gaming challenge requires gamers to play and collect 30 gems. Then, each player will snap a screenshot of their gem stash and post it on the challenge thread on Monsta Mash’s official X page. The next step would require participants to like and comment #10Adventure #GemChallenge on the X post link, and tag two friends. To claim the prize players must already be a $MASH tokens holder.

Ethereum Possible Downward Trend; Investors Jumping Ship

Ethereum is trading at $3151, down by over 4% after its supply started going down. In the past few days, the total amount of burnt Ethereum has surpassed mined ETH. Analysts say that if this trend persists, there might be more demand for ETH, causing a price surge. The price decline of ETH may have been caused by over $95 million in liquidations recorded in the past 1 day. Analysts had predicted that if ETH could retest the $3,300 level and rise above $3,307, it could sour to about $3,732 forming a new resistance level. Being that ETH dipped below $3,200, does it mean the coin is about to dip deeper?

Be part of a revolution

Monsta Mash isn’t just another crypto; it’s a revolution in blending gaming and blockchain. Unlike Ethereum and Bitcoin, which primarily serve as a store of value or a platform for decentralized apps, $MASH actively integrates real-world utility through its play-to-earn and tap-to-earn ecosystem. This is just the beginning of the excitement!

With its 10-series game challenges, Monsta Mash goes beyond passive holding, it actively rewards and engages its community. Every 10 days, investors have a chance to win prizes, creating a bond between the token and its holders. While ETH and BTC might be renowned crypto’s, $MASH is designed to deliver exponential growth and entertainment value, giving you more reasons to invest and stick around. Each challenge is another opportunity to win big and be part of something groundbreaking.

Website – Official Site

Presale – BUY $

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