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The Walrus price has soared 12% in the last 24 hours to trade at $0.6016 as of 3:37 a.m. EST on a 100% surge in trading volume to $59.2 million.
Following the surge, the WAL price soared to the top of the biggest gainers list on Coinmarketcap. Its market cap also broke the $750 million mark. But what caused this rally?
With Sui prices soaring and nearing the previous all-time high, the network is gaining popularity. WAL, a decentralized data storage protocol on the Sui blockchain is among the recent tokens on the network to pop off.
Walrus Price Is Popping Off – 48% Gains Ahead?
Looking at the 12-hour WAL/USD chart, the Walrus price is showing some serious bullish energy. The price broke out of a bullish pennant pattern on April 22, soaring 59.55% to a high of $0.6964 before encountering a resistance.
The WAL price then dropped back down, and has tested the 0.5 Fibonacci retracement level at $0.5437 multiple times in the past couple of weeks. The recent price surge is another attempt by WAL to smash through resistance around $0.6492-$0.6964.
WAL is now resting at $0.6038 with the 21 Simple Moving Average (SMA) on the 12-hour chart at $0.5870 acting as a dynamic support.
The Relative Strength Index (RSI) is at 56.36, showing there’s still room to run before hitting overbought territory above 70.
However, the Moving Average Convergence Divergence (MACD) indicator is giving a bearish signal with the MACD line (blue) below the signal line (orange). This suggests the Walrus price is in a short-term bearish trend.
Volume is also picking up, which backs the breakout above the 0.382 Fib level.
The next resistance levels to watch are $0.6964, $0.7606 and $0.8586.
WAL’s 12% surge and chart breakout are all green flags that suggest bulls are in control. Coupled with solid indicators, the crypto seems poised to continue its climb.
In the meantime, the presale for Best Wallet (BEST) is stealing the spotlight. Prominent crypto analyst ClayBro, with over 136K YouTube subscribers, predicts BEST could soar 10X post-launch, citing the rising demand for utility tokens.
Best Wallet Presale Nears $12M — Investors Eye 10X Potential
The non-custodial, multi-chain wallet has raised over $11.9 million in its ongoing presale, with daily inflows signaling strong investor confidence.
Launched in late 2024, Best Wallet has rapidly gained traction, boasting over 250,000 monthly active users. Its sleek, user-friendly interface supports more than 60 blockchains. This includes Bitcoin, Ethereum, and soon Solana, making it a one-stop hub for investors looking to manage diverse crypto portfolios.
The wallet also integrates with over 200 decentralized exchanges (DEXs) and 20 cross-chain bridges, ensuring competitive pricing and seamless transactions.
What sets Best Wallet apart is its ecosystem, which is powered by the BEST token. Holders unlock additional perks such as reduced trading fees, enhanced staking rewards—currently offering a dynamic 124% APY—and governance rights.
🚨 Hey Best Fam! Here’s what’s poppin’ in the ecosystem this week 👇
🌟 Zealy Sprint – New challenges incoming 👀
🎁 $300 Discord Community Giveaway
📢 Telegram Competition – Engage & win from a $200 pool
🎮 Discord Game Night – Fri, Apr 25 @ 14:30 UTC ($100 up for grabs!)
🎯… pic.twitter.com/y7yd7FNZrU— Best Wallet (@BestWalletHQ) April 23, 2025
The wallet’s “Upcoming Tokens” feature is a game-changer, and has already spotlighted presale gems like Pepe Unchained (PEPU), which surged 700%, and Catslap (SLAP), which skyrocketed 7,000% at its peak.
Best Wallet also caters to iGaming enthusiasts. It offers exclusive perks like free spins and deposit bonuses through partnerships with top platforms. Its crypto debit card, Best Card, enables real-world spending as well, while fiat on-ramping via MoonPay and Alchemy Pay supports over 100 currencies.
Security is a top priority, with Best Wallet leveraging Fireblocks’ MPC-CMP technology and a Coinsult audit confirming its robust code. No KYC requirements further enhance user privacy, appealing to Web3 purists.
With the presale nearing the $12 million milestone, investors can buy BEST via the official website or app using ETH, USDT, or a bank card.
Priced at $0.024975, BEST tokens are set for a price hike in around 11 hours. Therefore, investors that want to lock in the best presale rate will want to act fast.
Visit the Best Wallet website to learn more.
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