Bitcoin
Bitcoin (BTC)
$101,675.00 0.9432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,942.46 3.94819
Ethereum price
BNB
BNB (BNB)
$714.98 2.42542
BNB price
Solana
Solana (SOL)
$231.26 0.69189
Solana price
XRP
XRP (XRP)
$2.41 -0.251
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000288 -0.31289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000245 -1.68796
Pepe price
Bonk
Bonk (BONK)
$0.0000398 1.41468
Bonk price
dogwifhat
dogwifhat (WIF)
$3.09 0.05655
dogwifhat price
Popcat
Popcat (POPCAT)
$1.25 -2.42558
Popcat price
Bitcoin
Bitcoin (BTC)
$101,675.00 0.9432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,942.46 3.94819
Ethereum price
BNB
BNB (BNB)
$714.98 2.42542
BNB price
Solana
Solana (SOL)
$231.26 0.69189
Solana price
XRP
XRP (XRP)
$2.41 -0.251
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000288 -0.31289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000245 -1.68796
Pepe price
Bonk
Bonk (BONK)
$0.0000398 1.41468
Bonk price
dogwifhat
dogwifhat (WIF)
$3.09 0.05655
dogwifhat price
Popcat
Popcat (POPCAT)
$1.25 -2.42558
Popcat price
Bitcoin
Bitcoin (BTC)
$101,675.00 0.9432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,942.46 3.94819
Ethereum price
BNB
BNB (BNB)
$714.98 2.42542
BNB price
Solana
Solana (SOL)
$231.26 0.69189
Solana price
XRP
XRP (XRP)
$2.41 -0.251
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000288 -0.31289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000245 -1.68796
Pepe price
Bonk
Bonk (BONK)
$0.0000398 1.41468
Bonk price
dogwifhat
dogwifhat (WIF)
$3.09 0.05655
dogwifhat price
Popcat
Popcat (POPCAT)
$1.25 -2.42558
Popcat price
Bitcoin
Bitcoin (BTC)
$101,675.00 0.9432
Bitcoin price
Ethereum
Ethereum (ETH)
$3,942.46 3.94819
Ethereum price
BNB
BNB (BNB)
$714.98 2.42542
BNB price
Solana
Solana (SOL)
$231.26 0.69189
Solana price
XRP
XRP (XRP)
$2.41 -0.251
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000288 -0.31289
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000245 -1.68796
Pepe price
Bonk
Bonk (BONK)
$0.0000398 1.41468
Bonk price
dogwifhat
dogwifhat (WIF)
$3.09 0.05655
dogwifhat price
Popcat
Popcat (POPCAT)
$1.25 -2.42558
Popcat price

TROY token price surges after exchange listings but flirts with overbought territory

troy-token-price-surges-after-exchange-listings-but-flirts-with-overbought-territory
Edited by
Markets
TROY token price surges after exchange listings but flirts with overbought territory

The TROY token has gone parabolic, soaring over the past eight consecutive days and reaching its highest level since July 2023.

Troy (TROY), a cryptocurrency at the intersection of artificial intelligence and gaming, rose to $0.0042, marking a 342% increase from its lowest level in October. This rally has boosted its market cap to over $41 million.

TROY’s surge followed listings on Bitget and Binance, two of the top crypto exchanges, which added TROY futures to their platforms.

These listings helped push open interest in TROY futures to a record high of $57 million, with most of it concentrated on Binance, Bitget, and BingX. This open interest is significantly higher than last week’s low of $3.5 million. Cryptocurrency prices often see jumps following listings on major exchanges.

TROY also gained momentum after receiving a strategic investment from Unicorn Verse, a company with investments in other cryptocurrencies like LeverFi, Simon’s Cat, Ponke, and CoralApp.

https://twitter.com/TROY_DAO/status/1850815059985092953

According to its white paper, TROY is a blockchain network that operates TROY Play, a marketplace for AI agents accessible through TROY ID. This platform allows users to import agents from networks like AgentLayer’s AgentStudio and other third-party applications.

The network also includes TROY DAO and TROY Trade. TROY DAO is a membership platform granting holders privileges such as early access to AI agents, while TROY Trade supports the growth of AI projects within the network. As part of its expansion, developers have announced a $10 million ecosystem fund.

A key risk for TROY investors is that the number of holding addresses has dropped from 2,197 on Sunday to 2,160. Additionally, the top ten holders own 98% of all tokens, meaning that the price could be significantly impacted if they decide to sell.

TROY token gets overbought

TROY price
TROY chart by TradingView

The daily chart shows that the TROY token bottomed at $0.00097, its lowest point since Aug. 8, and has since surged by triple digits. It has formed a golden cross pattern as the 200-day and 50-day moving averages crossed.

The MACD indicator has continued to rise, with the two lines reaching their highest point in months. The Relative Strength Index has surged to an overbought level of 74.57.

Therefore, the token may pull back in the coming days as the upward momentum fades. If this happens, the next support level to watch will be $0.0023, its lowest point on Sunday, Nov. 3. Further gains will be confirmed if the price surpasses this week’s high of $0.0042.