The cryptocurrency market is buzzing as $A2Z formerly League of Kingdoms Arena (LOKA) gains momentum following its rebranding and a 1:20 token swap.
Currently trading at $0.0070, A2Z has surged 30.42% in the past 24 hours and an additional 30.29% in the last hour, drawing significant investor interest. The bullish momentum is evident in its trading activity, with the hourly chart showing a strong upward breakout above key moving averages.
Backed by a market cap of $76 million, the token’s rally reflects growing market confidence. However, a recent red candlestick hints at a possible short-term correction, with resistance near $0.011635 and support at $0.004439.
For traders and project supporters, the rebranding and token swap could mark a fresh start for A2Z. While the consolidation from the 1:20 swap may strengthen its value proposition, investors should remain cautious as volatility could persist during the market’s adjustment phase.
