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COINTURK NEWS > Altcoin News > Star Atlas Coin Surges: A Deep Dive into the Rising Star of Crypto Gaming
Altcoin News

Star Atlas Coin Surges: A Deep Dive into the Rising Star of Crypto Gaming

In Brief

  • Crypto investors are awaiting a general market recovery at the end of November, but BTC remains unresponsive. As the king cryptocurrency stays below $37,000, altcoins are losing significant support levels and moving away from resistance. However, ATLAS Coin’s price has seen an increase of around 30 percent today. Star Atlas Neden Yükseliyor? With the recovery […]
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COINTURK NEWS 1 year ago
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Crypto investors are awaiting a general market recovery at the end of November, but BTC remains unresponsive. As the king cryptocurrency stays below $37,000, altcoins are losing significant support levels and moving away from resistance. However, ATLAS Coin’s price has seen an increase of around 30 percent today.

Star Atlas Neden Yükseliyor?

With the recovery in Solana’s price, mummified projects in its ecosystem have suddenly started moving. One of these was the Star Atlas project. The team found community support again when hope seemed lost, and Star Atlas got back on its feet. Today, we see ATLAS Coin’s price rapidly recovering due to game updates and increasing demand.

Today’s rise was primarily fueled by the game’s NFT market surpassing the $176,000 level after a long hiatus. $176,000 is not a small sum, especially considering the volume-less nature of the NFT market and the zero-bound prices, which is quite impressive.

The following graph supports the “comeback” narrative from the first section. With Solana’s price recovery, the volume in the NFT market has also increased significantly.

Star Atlas Coin Alınır Mı?

Firstly, individuals who can bear the potential loss should make investment decisions related to cryptocurrencies. Star Atlas was a project that experienced a major hype in its early days and came close to demise after the FTX collapse. However, if they can survive in an environment where the foam is skimmed off the Solana ecosystem and weak players are eliminated, and if they can offer players a pleasurable space, this is promising for the medium and long term.

This game is a space game similar to Darkorbit, which only a few readers may remember. You have ships and can earn income by “farming” in the game’s parlance. Furthermore, events are organized to ensure players spend more time on the platform. While many p2e platforms see an increase in user numbers, Star Atlas has risen to a good position.

ATLAS Coin’s price has increased by 204 percent in the last month, well above the market average, and despite Solana’s losses, ATLAS Coin stands strong. Nearly 40 percent of the maximum supply is in circulation, and there is a risk of 60 percent new supply. However, the difference between circulation/maximum supply is not as wide as it was initially.

The ATH level was $0.277, but the historic low level is more significant, which is $0.00133. The price is currently 341 percent above the ATL (all-time low) level, and if it can remain stable, it will be exciting to see where this figure reaches at the bull peak.

  • ATLAS Coin experiences a 30% surge.
  • Star Atlas thrives post-market turmoil.
  • Game updates fuel ATLAS Coin rebound.
You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 28 November, 2023 - 1:09 pm 28 November, 2023 - 1:09 pm
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