In the latest on-chain DEX-launched skyrocket, Pokemon crypto Ash Satoshi token ($SC4) has erupted in a jaw-dropping +4,322% move.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, RAIN, MEGA, REFUND, DRS and SNOR.
The dramatic upside move has seen Ash Satoshi break-out as the top daily gainer on DEXtools, as market interest has flocked to the exclusive GameFi offering - which sees holders claim one of 11,111 unique Pokereum, each with its own value and story.
This has the added benefit of enabling a dual-earning system for $SC4 token holders; with potential income from gaming and staking.
Following the dramatic launch pump, Ash Satoshi has undertaken a remarkable 9-hour consolidation - with price now poised at a market price of $0.00007030 (representing a 24-hour change of +4,322%).
The stunning skyrocket move was triggered at 16:00 on October 17, as price action erupted +211%, following a somewhat slow initial stealth launch in the prior 6-hours.
With eagle-eyed traders drawn in by the sudden pump, the following 3-hours saw a huge influx of more than $2.3m in trading volume - triggering a major price surge +910%.
$SC4 token hit a localised all-time high at $0.00008500 at 22:00 on October 17.
Price action has since entered a -18.3% retracement move, however, a steadfast consolidation zone has emerged at $0.0000685 - with a well-defended display by committed holders driving a 12-hour support.
With price action now reaching the lower trendline once more, the solid footing at $0.0000685 will inevitably trigger a second rally-leg.
Upside potential from here could be significant, with Ash Satoshi still in the early stages at
Read more on cryptonews.com