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This veteran base-layer asset has returned as the center of macro speculation after moving quietly in the lower discount area for a long time. On April 28-29, 2026, market narratives were heated by claims from an insider definitively refuting skeptical narratives that the project is "dead". They publicly projected a potential price explosion of up to 300% in the near term thanks to a series of upcoming network updates and smart contract utility enhancements. This euphoric bullish claim finds highly solid validation on the daily (1D) chart, where the price successfully bounced from a strong macro base and refused to be dragged by external downward sentiment currents. The 1-hour (1H) chart confirms this momentum shift through a string of structural breakouts (Break of Structure) that successfully lifted the price and stabilized it at the $0.25 equilibrium point. Driven by returning investor conviction and capital rotation seeking cheap fundamental assets, this accumulation pressure is projected to be capable of breaching the current resistance ceiling, targeting the $0.265 sweep level up to the $0.28 supply boundary over the next 5 days.
Hyper-optimistic claims without the backing of real product launches in the near future are highly vulnerable to being categorized as news traps (hopium). If the price loses buying volume and slips below the $0.24 defense wall, this revival scenario will be totally delayed.
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