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Cryptocurrency News Articles
Astros Price Aims For A Breakout as Catslap (SLAP) Rolls Out A Massive Airdrop Campaign
Dec 13, 2024 at 03:21 pm
The Astros price jumped 7% in the last 24 hours to trade at $0.10072 as of 11:31 p.m. EST on trading volume that soared 60% to $2.62 million.
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The Astros price jumped 7% in the last 24 hours to trade at $0.10072 as of 11:31 p.m. EST on trading volume that soared 60% to $2.62 million.
Astros Price Aims For A Breakout
The 15-minute chart for the ASTROS/USDT pair shows a relatively volatile price action of Astros over the last trading sessions. Initially, there was a sharp decline followed by a period of sideways consolidation. This was succeeded by some bullish momentum, marked by a series of higher lows, suggesting a potential shift toward an uptrend.
However, the current Astros price movement is consolidating in a tight range near the $0.100 level, indicating a phase of indecision.
The 50-day Simple Moving Average (SMA) is trending upwards and currently supports the price action, signaling a short-term bullish bias.
Meanwhile, the Relative Strength Index (RSI) is moving up, currently at 55, showing that the bulls may be gaining momentum.
The MACD line is above the signal line, but only slightly, indicating weak bullish momentum. The histogram is close to the zero line, suggesting a lack of strong momentum in either direction, aligning with the current consolidation pattern.
If the price breaks above $0.101, backed by increased volume, the next resistance zone could be around $0.104-$0.105, representing the highs from previous spikes.
A breach below the 50-day SMA and $0.0985 could invalidate the bullish outlook. In this case, the price may retest the key support at $0.095 or lower toward $0.088.
Meanwhile, investors are rushing to buy the newly launched meme coin Catslap (SLAP), which ClayBro, a prominent crypto analyst with over 131K subscribers, says could be the next meme coin to surge 50X.
Catslap Rolls Out A Massive Airdrop Campaign
Catslap introduces an innovative Slap-2-Earn mechanism for crypto enthusiasts.
The game has already recorded a massive 719 million slaps on its Slapometer globally. The game’s popularity has boosted community engagement, and there are now 18,959 individuals holding SLAP tokens.
Its “Hot Token” status on Best Wallet, a fast-growing crypto wallet, connects it to over 60,000 users, boosting visibility and momentum.
Catslap is also set to launch the Zealy Community Slapdrop Campaign, combining social and community quests with the Slap to Earn Airdrop to help participants earn XP and climb the leaderboard.
The Slapdrop rewards include $10,000–$100,000 USDT for each of the Top 10 leaderboard predators. All engaged Catslappers will receive an airdrop of $SLAP tokens, scaled by leaderboard rank. The harder you slap and the more tasks you complete, the bigger your share of the loot!
Token holders can also earn passively via the project’s staking mechanism, which offers a 40% annual percentage yield (APY).
We be cooking. Staking now live, all website buys will be staked for 7 days at 40% APY. Early unlock by burning 🔥🔥 pic.twitter.com/ZIUK9pd3sZ
— Catslap (@CatSlapToken) November 21, 2024
The token surged after its listing on MEXC last week, and its developer is now teasing another major announcement in about 6 days. That’s rumored to be another CEX listing, with some speculating it could be Coinbase.
SLAP is currently trading at $0.005095 after a 10% increase in the last 24 hours and 4,800% since launch, according to data from CoinGecko.
You can purchase SLAP Token from its official website here.
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