The Planet ReFi ($PLANET) token has pumped 20% over the last 24 hours, reaching around $97 million in market capitalization. This price surge comes on the heels of two major announcements – a partnership with soccer superstar Lionel Messi focused on mystery boxes to fund environmental cleanup efforts, and the official launch of the Planet platform.
Noted crypto analyst Mac, who boasts over 400k Twitter followers, revealed that he invested in $PLANET after an impressive call with the team. He explained, “They will be working with Messi on producing RWA mystery boxes, sale proceeds will be used to clean environment from waste.
They have already done a good job in Argentina.” With connections in Dubai and plans to partner with more celebrities in the future, Mac believes the token could continue climbing as more money enters the crypto space.
Source: CoinMarketCap
Planet aims to be one of the pioneers of ReFi (Real-World Asset Finance) by bringing real-life experiences to Web3 and disrupting the $300 billion green tech industry.
Through celebrity partnerships and the proven Amazon revenue model of flywheel momentum, Planet is creating both a sustainable income stream and laying the foundation for meaningful social change through environmental cleanup initiatives.
From a technical analysis perspective, the relative strength index (RSI) for $PLANET sits at 60 on the daily chart. RSI is a momentum indicator that measures the speed and velocity of recent price movements to determine overbought or oversold conditions. An RSI reading of 60 shows bullish momentum is present but not yet overheated, signaling potential for more upside for $PLANET in the near-term.
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With major partnerships, real-world social impact, big backers, and positive market momentum all converging at once – the stars seem aligned for $PLANET to continue its meteoric rise. As the official platform launches and awareness spreads, Planet ReFi may be ready to create some serious waves in the crypto space.
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