SuperVerse Token Records a Remarkable 230% Surge Over the Last 7 Days

Crypto News– Over the past week, SuperVerse has witnessed an astounding 230% surge, as reported by Lookonchain, a notable on-chain smartmoney platform. SuperVerse, a blockchain solution with a focus on advancing Web3 products and empowering crypto enthusiasts with cutting-edge NFT functionality, saw notable activity from Spark Digital Capital. Two wallets affiliated with the research-focused crypto fund deposited a substantial 1.93 million SUPER (equivalent to $784,000) on Binance in the last three days.

SuperVerse Token Records a Remarkable 230% Surge Over the Last 7 Days

In a noteworthy revelation, Lookonchain highlighted Spark Digital Capital’s strategic move, withdrawing 999,874 SUPER (equivalent to $181,000) from Binance on August 13, 2022, when the price hovered around $0.18. After patiently waiting for 469 days, the crypto fund capitalized on a significant price surge, selling SUPER to secure profits.

The latest rally for SUPER commenced on November 11, triggered by a breakthrough above resistance at $0.1148. Following a brief pullback and retesting of the now-supportive level, token embarked on an unprecedented rally. According to TradingView data, token has surged by over 340% in the past two weeks, with a notable spike on November 25, propelling the price from $0.2241 to $0.4478.

Despite a 17% retracement to $0.3719 after yesterday’s surge, SuperVerse has promptly resumed its upward trajectory, currently trading at $0.4402 at the time of this writing, as per TradingView data.