ATH Drops 3% As This New Meme Coin Charges Towards $1 Million

The Aethir value dropped 3% within the final 24 hours to commerce at $0.06644 as of three:35 a.m. EST on buying and selling quantity that went down 32% to $69.7 million.

The mission’s value initially surged lower than 24 hours in the past as Aethir introduced on X that its staff will probably be representing as a pacesetter within the gaming business at an upcoming European occasion between Aug. 21 and 25. It invited group members to attempt to guess what occasion the staff will probably be attending, hinting that it’s “the most important gaming occasion of the yr.”

Avid gamers and sport builders 🎮

From August 21-25, the Aethir staff will probably be representing as a pacesetter within the gaming business at an occasion someplace in Europe…. Are you able to guess the occasion and placement?

Trace: It’s the largest gaming occasion of the yr 👀

— Aethir (@AethirCloud) August 15, 2024

In fact, it didn’t take lengthy for the group to conclude that the occasion in query is Gamescom, which is going down in Cologne, Germany, between Aug. 21 and 25 at Cologne Honest. On the identical time, the mission’s value surged from $0.06638 to $0.07094, earlier than correcting during the last 12 hours.

Aethir Value Prediction

The Aethir value noticed a robust surge, partially as a result of mission’s announcement, and partially as a result of latest bullish wave that allowed many crypto costs to get well yesterday. Since then, nonetheless, the crypto has undergone a pointy correction, earlier than one other slight improve.

Nonetheless, Aethir’s technical indicators counsel that the token’s struggles are usually not over but. Its Bollinger Bands just lately began narrowing increasingly more, which is a bearish signal, particularly as its value continues to push the decrease band additional down.

In the meantime, the mission’s Relative Power Index (RSI) worth has been fluctuating across the impartial space for hours, not fairly sinking or rising strongly sufficient to succeed in the overbought or oversold zone, but it surely clearly signifies that the bears and the bulls are each attempting to take over management.

The worth fluctuations within the twelve hours are a direct consequence of this battle, and for now, it’s unclear which aspect will take management. On one hand, the ATH value seemingly discovered a robust assist at $0.065, however on the identical time, it’s held again by a resistance at $0.067. Whereas many within the business would favor it to interrupt out and head again up, a win by the bears may trigger the assist to interrupt and the value to begin spiraling down.

Being optimistic throughout a bear market is kind of dangerous, so whereas specialists could possibly use the present state of affairs to their benefit, much less skilled merchants are going through an excellent danger of loss by getting into the market proper now. Luckily, there are different tasks for them to discover.

Promising Options To Aethir

Whereas the ATH value may probably break its assist and see additional drops based mostly on technical indicators, that doesn’t imply that there aren’t any different alternate options for traders to think about. One potential mission to spend money on proper now’s the crypto business’s latest hit mission often called Crypto All-Stars (STARS).

It is a new mission that goals to revolutionize meme coin staking via a brand new kind of staking protocol often called MemeVault. Whereas most crypto tasks that permit staking solely let customers stake their very own native token, MemeVault was designed to help you stake any main meme coin.

You’ll be able to stake Dogecoin, Pepe, Brett, Floki, Turbo, and plenty of others, all from the identical place, and with the purpose of uniting the meme coin sector with Crypto All-Stars. The mission’s ICO turned extraordinarily standard as quickly because the phrase unfold out and is now quickly approaching half one million {dollars}, presently at $451.6K.

Its STARS token sells for $0.0013855 per token, however anybody fascinated by shopping for ought to act quickly, as this value will undergo a scheduled improve in solely 24 hours. If you wish to purchase the meme coin, you are able to do so with both ETH, USDT, BNB, or credit score/debit card.

Getting concerned with this mission early appears to be extremely advisable by crypto specialists, together with a significant crypto YouTuber with over 42K subscribers, Jacob Crypto Bury. He speculated just lately that Crypto All-Stars may have no less than 10x potential in his video concerning the mission.

Buy STARS on its official web site.

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