Stakestone (STO) prices have exceeded 30% in the last 24 hours and are supported by Binance Exchange’s spot list.
STO began trading at Binance Spot at 16:00 UTC on May 2nd in multiple pairs, including USDT and BNB. According to the official announcement, you will be subscribing to Binance Coin (BNB) to receive STO airdrops as part of your launch incentives, with flexible or locked product yields and on-chain yields between April 27th and April 29th.
Prior to this, the tokens were only available in Binance’s Alpha market, giving early access to selected users.
Launched in early April through a token generation event by Binance Wallet, Stakestone quickly gained traction on exchange lists such as MEXC, Biteg, Kucoin, and Gate.io. Today’s list on Binance has further increased project visibility and token prices, with token prices skyrocketing by over 30%.
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At the time of pressing, the STO was trading at $0.17 with a volume of over $45 million. On the four-hour chart, today’s 30% or more surges pushed STO prices far above both the 20th EMA and the 50th SMA, showing strong bullish momentum. RSI also enters over 70 over-acquired territory in breakouts, suggesting potential pullbacks or integrations in the short term. However, a bullish crossover between 20 EMA and 50 SMA could occur before the breakout and act as an early signal for the uptrend.
Future this keen rally may be for short-term pullbacks, but the technical setup suggests that a wider uptrend could be unfolding.
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