{"id":52834,"date":"2025-05-21T13:57:30","date_gmt":"2025-05-21T13:57:30","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/astar-network-scores-animoca-brands-partnership-will-astr-price-surge\/"},"modified":"2025-05-21T13:57:30","modified_gmt":"2025-05-21T13:57:30","slug":"astar-network-scores-animoca-brands-partnership-will-astr-price-surge","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/astar-network-scores-animoca-brands-partnership-will-astr-price-surge\/","title":{"rendered":"Astar Network scores Animoca Brands partnership: will ASTR price surge?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/astar-network-animoca-partnership-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/astar-network-animoca-partnership-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/astar-network-animoca-partnership-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/astar-network-animoca-partnership-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Astar (ASTR) price changed hands around $0.03, risking downside continuation.<\/li>\n<li>Partnership with Animoca Brands could help ASTR\u2019s price bounce.<\/li>\n<li>Market outlook is nonetheless bearish.<\/li>\n<\/ul>\n<p>Astar (ASTR) price traded around $0.03, slightly in the green on the day, as bulls struggled to keep bears off.<\/p>\n<p>This comes as the Astar Network token has seen its native token plummet more than 10% in the past week, with technical charts signalling a potential downside continuation.<\/p>\n<p>But with a major partnership and investment from a leading blockchain gaming firm in the bag, can ASTR\u2019s price bounce?<\/p>\n<h2>Astar Network gets Animoca Brands\u2019 backing<\/h2>\n<p>On May 21, 2025, the Astar Network team <a href=\"https:\/\/astar.network\/blog\/animoca-brands-investment-203\" target=\"_blank\" rel=\"noopener\">announced<\/a> a huge move.<\/p>\n<p>Astar is teaming up with Animoca Brands.<\/p>\n<p>The companies announced their strategic collaboration on Wednesday, revealing that Animoca Brands had also made a key investment in Astar.<\/p>\n<p>Per the announcement, Astar will leverage the new alliance to bolster its position within the entertainment and gaming ecosystem.<\/p>\n<p>It seeks to leverage Animoca Brands\u2019 support to become the leading project for industry players looking to enter the Japanese and Asian markets.<\/p>\n<p>Not only is this about bringing intellectual property on-chain, but also about scalability and focus on consumer-facing experiences.<\/p>\n<p>\u201cThe investment from Animoca Brands is not just about financial backing. It\u2019s a strategic initiative aimed at driving long-term growth in Web3 entertainment. Animoca Brands sees the value in Astar\u2019s unique position as a gateway for entertainment IP from Japan and Asia into the global digital ownership economy,\u201d Astar Network wrote in its blog post.<\/p>\n<p>Part of what\u2019s next for Astar and Animoca Brands includes collaboration on further ways of driving adoption across Web3.<\/p>\n<p>The platforms\u2019 future plans also include the potential unveiling of an Intellectual Property and entertainment-focused fund.<\/p>\n<h2>Will ASTR price rally?<\/h2>\n<p>ASTR token traded at lows of $0.025 on May 7, 2025. However, amid network developments and a <a href=\"https:\/\/coinjournal.net\/news\/\">broader market uptick<\/a> that followed, the altcoin surged to above $0.035.<\/p>\n<p>Bears have since pushed Astar Network\u2019s native token into the woods, with ASTR dumping over 10% in the past week.<\/p>\n<p>On the daily chart, the RSI and MACD indicators signal bearish continuation, the latter having the histogram trending weak.<\/p>\n<figure id=\"attachment_310453\" aria-describedby=\"caption-attachment-310453\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-310453 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/astr-usdt-chart.png\" alt=\"Astar Network Inks Animoca Brands Deal\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-310453\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ASTRUSDT\/\" target=\"_blank\" rel=\"noopener\">Astar price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>ASTR is, however, within a broad ascending triangle with the main resistance zone around $0.035.<\/p>\n<p>If price dips below the trendline support, bears could target $0.022.<\/p>\n<p>On the upside, a run to December 2024 highs of $0.9 is possible amid a rallying crypto market.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/astar-network-scores-animoca-brands-partnership-will-astr-price-surge\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Astar (ASTR) price changed hands around $0.03, risking downside continuation. Partnership with Animoca Brands could help ASTR\u2019s price bounce. Market outlook is nonetheless bearish. Astar (ASTR) price traded around $0.03, slightly in the green on the day, as bulls struggled to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":52835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52834"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52834"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52835"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}