Crypto Pump Master, a widely followed cryptocurrency analyst, believes that UpOnly (UPO) could surge by multiple digital percentages on the incoming mega bomb. While the analyst did not give out an estimated price increase target, he informed his 422,000 followers on the X platform that UpOnly could be getting ready for an explosion soon.
UPO is a cryptocurrency powering Uponly, a decentralized financial protocol built on Solana, designed to simplify management of decentralized applications (including NFTs, finance, gaming, storage, identity, among others) with high-speed and low-cost transactions. Since the debut of its mainnet in early 20234, Uponly has continued to enable full functionality of DeFi applications and trading, marking its robust ecosystem growth.
Whale Accumulation Driving Uponly’s Growth
After weeks of sideways, Uponly is once again heating up and displaying renewed strength, according to data released today by the analyst. As per the analyst’s observation, whales are silently buying the token, a move that is set to bolster its price soon. Today, UPO experienced a remarkable 31.6% surge over the past 24 hours, making its price currently hover at $0.001513, thanks to buying activity developing up in its network. The rise makes UPO one of the top crypto gainers today, an indicator that an increasing number of buyers are entering the market, enthusiastic about its market potential.
UPO has been down 3.5% and 31.8% over the past week and month, respectively, showing its recent consolidative mood. However, data revealed today by the analyst indicates that smart money is now flowing into the market, a major signal of the market recovery. This little-known crypto is rapidly becoming a whale magnet, attracting serious capital inflows, as indicated by its market gains.
Today, Uponly’s trading volume recorded a 33.78% rise, an indicator of large-holder accumulation and a sign of institutional players positioning themselves ahead of a looming breakout. Furthermore, UPO climbed to around $0.001513, breaking major resistance levels and printing a golden cross bullish pattern, indicating a potential uptrend.
Uponly: DeFi Capability Powers Large-Scale Whale Interest
The rising recovery of Uponly is based on three catalysts: robust market sentiment, whale accumulation, and network activity.
Token accumulation currently taking place on Uponly shows the confidence of institutional customers holding big money on the platform, an activity that could create a supply crunch and heightened token demand. Whenever whales enter a crypto market, the whole market sentiment swings strongly in the direction where big money flows to.
Lastly, Uponly appears to offer something extraordinary and different in the DeFi landscape, a greater advantage in its decentralized network, as pointed out by the surging trading volume above.
