SuperVerse’s native token, SUPER, has staged a powerful 50% breakout over the past 24 hours amid a surge in trading activity. SUPER was trading around $0.1964 at the time of writing.

Trading volumes have skyrocketed over 740% to $44 million in the past 24 hours, with Binance contributing over half the amount. SUPER currently ranks among the top gainers on Binance, pointing to strong interest from the exchange’s users.

Source: CoinStats – Start using it today

While no clear catalysts have emerged, SUPER’s technology and roadmap seem to be winning over investors. SuperVerse is building Web3 products focused on NFTs and blockchain gaming, two of crypto’s hottest sectors.

Flagship offerings include NFT marketplace GigaMart, which features advanced analytics and social tools, and multiplayer metaverse impostors. The unified ecosystem is governed by the $SUPER token.

As the crypto market shows signs of recovery, investors are likely to rotate into quality mid- and small-cap projects with strong fundamentals before the next bull cycle. SuperVerse’s real-world traction and array of Web3 products make SUPER an ideal altcoin candidate as the metaverse wave accelerates.

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With SUPER flashing multiple technical buy signals amid record exchange volumes, traders seem to believe this altcoin has ample room left to run. SUPER remains an intriguing crypto for both short- and long-term time horizons.

The post Why is SUPER Price Up By 50%? Exploring the Catalysts Behind SuperVerse’s Rally appeared first on CaptainAltcoin.

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