AXS - sucsess is having a rest
This is my AXS working chart for trends.
The pattern is repeating.
BTC is a factor, but AXS has been self supporting. HOWEVER, if BTC and ALTs take a nose dive, AXS will dip.
Next move - I suspect a small sharp rise/fall/rise/fall and more consolidation before once again rising fast (Subject to BTC activity).
BIG NEWS - in case you missed it, Axie Infinity achieved $1 billion
One article "Ethereum-based NFT game Axie Infinity has hit a record $1.1 billion USD in sales, setting a new record for the highest-grossing NFT project ever. The game recently made headlines by helping rural Filipino communities weather unemployment during the pandemic through its play-to-earn model.
The active user base for Axie Infinity has grown exponentially from just over 108,000 daily active users in June to more than a million daily active users today. Data from DappRadar indicates sales of nearly $780 million in the last 30 days alone, with more than 1.4 million individual transactions."
AXS has a great future as a spot HODL and for futures long.
Not financial advice - DYOR
On a side note, check out IOTX - research the project and people involved. It's on Binance (if you don't have an account, use this referral accounts.binanc...com/en/register?ref=KX1UGP... )
So far, I have bought 80,000 coins and plan on getting more. I am 400% up and expect 10005 by September sometime.
The pattern is repeating.
BTC is a factor, but AXS has been self supporting. HOWEVER, if BTC and ALTs take a nose dive, AXS will dip.
Next move - I suspect a small sharp rise/fall/rise/fall and more consolidation before once again rising fast (Subject to BTC activity).
BIG NEWS - in case you missed it, Axie Infinity achieved $1 billion
One article "Ethereum-based NFT game Axie Infinity has hit a record $1.1 billion USD in sales, setting a new record for the highest-grossing NFT project ever. The game recently made headlines by helping rural Filipino communities weather unemployment during the pandemic through its play-to-earn model.
The active user base for Axie Infinity has grown exponentially from just over 108,000 daily active users in June to more than a million daily active users today. Data from DappRadar indicates sales of nearly $780 million in the last 30 days alone, with more than 1.4 million individual transactions."
AXS has a great future as a spot HODL and for futures long.
Not financial advice - DYOR
On a side note, check out IOTX - research the project and people involved. It's on Binance (if you don't have an account, use this referral accounts.binanc...com/en/register?ref=KX1UGP... )
So far, I have bought 80,000 coins and plan on getting more. I am 400% up and expect 10005 by September sometime.