Altcoins

Is ASTRO worth buying after its listing on Gate.io?

AstroSwap ASTRO/USD is an interstellar DEX for the Cardano Network.

It completed its IDO on ADAPad, and it got listed on Gate.io.

The Gate.io listing as a catalyst for growth

Initially, AstroSwap went into a truly unique position when it partnered up with ADAPad, which has now facilitated the first launchpad and DEX partnership within the ecosystem.

Its goal is to provide a seamless route from development to trading for the host of innovative projects that will launch on Cardano.

That said, on October 11, through their Twitter page, AstroSwap announced that they would begin trading on Gate.io.

On October 13, AstroSwap started trending on CoinGecko. 

Additionally, AstroSwap also gained the support of WagyuSwap, which launched on BlueZilla’s VelasPad. 

WagyuSwap is intended to provide AstroSwap with technical information on how to run its DEX.

That said, this Gate.io listing and the fascinating 330x ROI achieved within just 48 hours of its IDO finishing have definitely put ASTRO on the map for a lot of investors.

Note that the total token supply is 10 billion, while the current circulating supply is at 120 million.

Should you buy AstroSwap (ASTRO)?

On October 13, AstroSwap (ASTRO) had a value of $0.332288.

To get a better perspective on what kind of value this is for the token, we will compare it to its recorded all-time high and all-time low value.

In terms of its all-time high value, it was achieved on October 9, when the token was worth $0.498834.

At its all-time high, when compared to the value on October 13, the ASTRO token was $0.166546 higher in value or 50% higher.

When we look at its all-time low value, it was on October 7, when the token was worth $0.174465.

When we compare the all-time low with the value on October 13, we can see that the token increased in value by $0.157823 or by 90%.

With its current trending status on CoinGecko as well as its listing on Gate.io, we can expect the ASTRO token to reach a value of $0.490022 by the end of October, making it a solid purchase.

   

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