The Astar token price has surged 26% in the last 24 hours to trade at $0.136 as of 6:49 a.m. EST, as trading volume rose by 186% to $104 million.

ASTR has soared 49.5% in the past week and by 128% over the past month.

The Astar Token Price: Bulls Break Above the Ascending Triangle

ASTR shows a consistent upward trajectory, establishing robust support around $0.038 and breaking above the ascending triangle pattern. Despite a brief correction to $0.06, aligned with the upper boundary of the ascending triangle, bullish momentum recovered, propelling the price to $0.17, surpassing levels seen in April 2022.

ASTR currently trades above the 50-day and 200-day Simple Moving Averages (SMAs), affirming the prevailing upward trend. A golden cross occurred at $0.052, reinforcing the positive momentum in the market.

Astar Token Price Prediction

The Astar price is consistently bullish, backed by positive signals from the SMAs and the RSI, indicating a bullish trend. 

Nevertheless, there is a possible situation where bears could extend the corrective phase, causing the price to reach the $0.13 support level and potentially affecting current profits.

Amid Astar’s ongoing upward trajectory, investors are shifting their focus to acquiring SpongeV2, which promises a 100X return on investment through its Stake-to-Earn feature.

Justin Sun Holds SPONGE – Will It Go Into Orbit Again?

SpongeV1 is staging a remarkable comeback, evolving into SPONGEV2 after experiencing a 2,900% surge, garnering over 13,000 holders, and delivering substantial profits for those who invested early.

This new iteration incorporates a Stake-To-Earn approach, pledging to achieve a repeat of the 100X return on investment in 2023.

🚀Missed 100x in 2023?💥 $SPONGE is BACK with V2 – Bigger, Better, and ready to absorb the damp!

Hurry and stake now to join the ride!

Visit our website for more info! 🔥#SpongeV2 #Web3 #Crypto #Alts pic.twitter.com/bD4oZTpElW

— $SPONGE (@spongeoneth) January 2, 2024

No wonder Justin Sun, the founder of TRON, has bought a substantial amount of the SPONGE token. According to recent data, he has transferred a whopping $14.7 million worth of ETH out of Binance, which could very well be related to his purchase of the Sponge V2 token.

A wallet associated with him now holds $49,581 worth of $SPONGE tokens, as per data from DeBank. This comes after he revealed through a tweet that he will buy low-cap memes with high potential.

I’ve decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023

This move by Sun has sparked a lot of interest in the crypto community, as many are now speculating whether Sponge V2 is the next big meme coin that could potentially bring in massive returns.

Stake-to-Earn For Lucrative Rewards

Through the official website, you can stake your acquired $SPONGE tokens in the SPONGEV2 smart contract. Doing so will automatically secure your share of the SPONGEV2 Stake-to-Bridge system, a revolutionary link between the token and the V1 ecosystem, delivering unparalleled utility.

The more SPONGE tokens you stake, the higher your yield in SPONGEV2 tokens, unlocking lucrative rewards for savvy investors and an impressive 490% annual percentage yield (APY). 

Seize the opportunity to accumulate tokens and secure substantial gains. When the staking period concludes, you can claim your SPONGEV2 tokens through the official SPONGE website. 

If you’re holding original $SPONGE tokens, you must stake them in our V2 smart contract via the website home page. 🙌

You’ll automatically secure your share of the V2 token upon launch. 🚀

GO GO GO 🧽🧽🧽🧽#Sponge #Web3 #Crypto #Alts pic.twitter.com/I6eX3nQVGN

— $SPONGE (@spongeoneth) December 23, 2023

You can also earn from the Sponge P2E game, which offers a free and a premium version. In the free version, you can enjoy playing for fun. Alternatively, in the paid version, you can utilize $SPONGEV2 tokens to acquire extra game credits, increasing opportunities to earn more $SPONGE.

ClayBro on YouTube has released a video where he discusses the potential for massive returns that SPONGEV2 has.

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To purchase Sponge V2 tokens, connect your Web3 wallet to the official Sponge.vip website, swap your ETH or USDT for v2 tokens, or use your bank card to buy directly. 

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• Source: https://insidebitcoins.com/news/astar-price-prediction-astr-soars-26-and-128-in-a-month-as-analysts-turn-to-this-meme-coin-with-a-100x-track-record