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

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The Aethir worth 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 undertaking’s worth initially surged lower than 24 hours in the past as Aethir introduced on X that its staff shall be representing as a pacesetter within the gaming trade at an upcoming European occasion between Aug. 21 and 25. It invited neighborhood members to attempt to guess what occasion the staff shall be attending, hinting that it’s “the largest gaming occasion of the 12 months.”

Players and recreation builders 🎮

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

Trace: It’s the largest gaming occasion of the 12 months 👀

— Aethir (@AethirCloud) August 15, 2024

After all, it didn’t take lengthy for the neighborhood 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 similar time, the undertaking’s worth surged from $0.06638 to $0.07094, earlier than correcting over the past 12 hours.

Aethir Worth Prediction

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

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

In the meantime, the undertaking’s Relative Energy 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, however it 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 worth seemingly discovered a robust assist at $0.065, however on the similar time, it’s held again by a resistance at $0.067. Whereas many within the trade would favor it to interrupt out and head again up, a win by the bears might trigger the assist to interrupt and the value to begin spiraling down.

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

Promising Options To Aethir

Whereas the ATH worth might doubtlessly break its assist and see additional drops based mostly on technical indicators, that doesn’t imply that there aren’t any different options for buyers to think about. One potential undertaking to put money into proper now could be the crypto trade’s current hit undertaking referred to as Crypto All-Stars (STARS).

This can be a new undertaking that goals to revolutionize meme coin staking via a brand new sort of staking protocol referred to as MemeVault. Whereas most crypto tasks that permit staking solely let customers stake their very own native token, MemeVault was designed to permit you to stake any main meme coin.

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

Its STARS token sells for $0.0013855 per token, however anybody involved in shopping for ought to act quickly, as this worth 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 undertaking early appears to be extremely really useful by crypto consultants, together with a serious crypto YouTuber with over 42K subscribers, Jacob Crypto Bury. He speculated just lately that Crypto All-Stars might have a minimum of 10x potential in his video in regards to the undertaking.

Buy STARS on its official web site.