Stakestone (STO) price is with more than 30% in the last 24 hours, stimulated by Spotlijst on Binance Exchange.
Sto set Trading on Binance Spot at 16:00 UTC on 2 May on several couples, including USDT and BNB. According to the official announcementeligible users who have subscribed to Binance Coin (BNB) to easily earn products-flexible or locked and on the chain yield between April 27 and April 29, will receive STO Airdrops as part of the launch stimulus.
Before that token was alone available On the Alpha market of Binance, which gives early access to selected users.
Stakestone was launched at the beginning of April through a tokentameration event event from Binance Wallet, quickly got a grip with listings such as Mexc, Bitget, Kucin and Gate.io. Today’s list on Binance has further increased the visibility of the project and the price of the token, which leads to more than 30% rise in the price of token.
At the time of the press, STO acts at $ 0.17 with the trade volume of more than $ 45 million. On the 4-hour graph, the 30%+ rise today pushed the STO price far above the EMA of 20 periods and the SMA with 50 periods, indicating a strong bullish momentum. The RSI has also discussed the breakout overbough above 70, which suggests a potential withdrawal or consolidation in the short term. A bullish crossover between 20 EMA and the 50 SMA, however, happened before the outbreak, which might have served as an early signal of the upward trend.
Looking ahead, this sharp rally can be due to a recliningback in the short term, but the technical setup suggests that a broader uprising can unfold.
