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The Black Agnus price plummeted 89% in the last 24 hours to trade at $0.00003875 as of 4.45 a.m. EST on trading volume that skyrocketed 85% to $10 million.
The implosion came despite some positive news developments for Black Agnus recently, including the announcement that it was in discussions with three top-tier exchanges to get its FTW token listed.
🚀 Exciting News, Black Agnus Community! 📷 We're thrilled to announce that we're in discussions with three top-tier exchanges to get your favorite token, #FTW, listed! 📷$FTW to the world! #FTW #BTC #USDT pic.twitter.com/dyG2JnXOi3
— BlackAgnusToken (@AgnusBlackToken) September 17, 2024
However, the project also warned users multiple times that scammers are targeting FTW users by creating fake versions of Black Agnus with their own contract addresses meant to trick people into sending them money.
🚨Important Alert🚨
It has come to our attention that some individuals are creating fake versions of Black Agnus (FTW).
🔒 Our official contract address is:
0x306fD3e7b169Aa4ee19412323e1a5995B8c1a1f4
Always double-check the contract address before making any transactions!🛡 pic.twitter.com/oEdlgvpBAp
— BlackAgnusToken (@AgnusBlackToken) September 14, 2024
Being fairly new on the crypto scene and only out for two weeks, the project has not yet stabilized amid major price swings
Black Agnus Price Prediction
The Black Agnus price has seen a sharp price drop yesterday, but since then, its price has seen relative stability. The token simply corrected to the levels seen before the surge that took place the day before. For now, its Bollinger bands remain fairly wide, with the price halfway between them, in a neutral position.
The sizable space between the bands is a bullish sign, while the price being between the upper and lower band signals neutrality, but overall, the project is not giving away bearish signals at this time, based on CoinGecko data.
Meanwhile, the token’s Relative Strength Index (RSI) value has climbed from the oversold zone after yesterday’s price drop to a more neutral area, seeing small fluctuations between the value of 50 and 55. This shows that a certain portion of traders has bought the dip, which brought the RSI value back to neutrality.
However, for the time being, the RSI is not showing signs of further surge, although this could change soon, given that the crypto market is trading in the green on hourly, daily, and weekly basis.
Bitcoin itself sits above $63.6k after spending a week climbing to this area, and its price performance typically signals what the rest of the market will do. So far, the altcoin market has mostly followed its lead, which suggests that Black Agnus might as well, even though the coin’s effect might take a while longer to reach the low-cap crypto.
Promising Alternative to Black Agnus
While the Black Agnus price could go either way from where it finds itself now, investors might consider as an alternative the Crypto All-Stars (STARS) presale.
This is a new meme coin that has attracted a lot of attention thanks to its technology, and what it brought to the wider market.
Crypto All-Stars is a project that could revolutionize staking for the rest of the meme coin sector, thanks to a new type of staking smart contract known as MemeVault.
Unlike other projects that offer staking, MemeVault does not limit the user to staking only its native token, STARS. Instead, it lets them stake nearly any of the largest meme coins, including Dogecoin, Pepe, Floki, Milady, Brett, Turbo, and more. As such, it has positioned itself as the center of meme coin staking.
In addition, staking STARS itself earns a stunning 967% in annual rewards.
Crypto YouTuber ClayBro, who has over 130k subscribers, says STARS could bring 26x gains after it launches.
The project’s ICO has already raised over $1.5 million, and STARS is currently priced at $0.0014593 apiece. With a price hike coming in less than 2 days, don’t wait too long to lock in the best deal.
You can purchase STARS with a variety of tokens, including ETH, BNB, USDT, FLOKI, SHIB, PEPE, DOGE, or credit/debit cards.
Visit the official STARS website here.
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