The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.
Axie Infinity is poised for a comeback with its upcoming update, Wings of Nightmare, launching on November 21, 2024, which has already driven the $SLP token up by 25% as excitement builds among players. The post Could Axie Infinity Be Making a Comeback? SLP Up 25% in a Day – Here's Why appeared first on Cryptonews.
Despite a recent pullback, AXS is set for a strong recovery.
Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.
Decentraland has introduced Decentraland 2.0 beta for desktop clients.
Two popular tokens, Axie Infinity (AXS) and Sandbox (SAND), have seen significant price increases recently. This uptick comes as the entire crypto market experiences a rally, with Bitcoin testing the crucial price level of $69,000.
New interest in crypto gaming has play-to-earn game Axie Infinity (AXS) up as bulls celebrate upside momentum. It's an outlook that's also catalysed interest in Dogizen (DOGIZ). This tap-to-earn game has captured investor attention with the first-ever Telegram ICO.
The crypto market has recorded a jump of ~2% in the past day, resulting in the Bitcoin price retesting its $69,000. Following this, the Metaverse and the gaming industry have regained momentum with many projects retesting their important resistance levels.
AXS Unlock date - Oct 14th 2024 Number of tokens unlocked- 12.58 million AXS (4.66% of its circulating supply) Current Circulating Supply - 152.23 million million AXS Token distribution Staking rewards - 2.45M tokens (3.13%) Teams - 5.74M tokens (10.1%) P2E - 2.70M tokens (5%) Ecosystem - 1.69M tokens (7.81%) Source - cryptorank.
Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.
The Web 3 game Axie Infinity saw an increase of 11.34% of its staked AXS in one year. From October 1st 2023 till October 2024, the amount of staked AXS has gained 5,956,719 AXS.
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) clocked more notable development activity than any other non-fungible token (NFT) project in the past month, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub events in the past 30 days.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Bitcoin failed to hold above $62,000 as the crypto prices continued to battle sell-off pressure in a month that has historically been bullish. Several altcoins are however likely to mirror BTC's holding of support near $60k, including Tron (TRX), Worldcoin (WLD) and Decentraland (MANA).
Contrary to the anticipated “Uptober” rally, the cryptocurrency market has experienced a significant downturn, largely driven by geopolitical tensions in the Middle East. Major assets have seen their values decline, with some retesting multi-week lows.
Crypto gaming project Decentraland (MANA) has suffered a security breach, according to blockchain security firm PeckShield. PeckShield says hackers took control of Decentraland's social media account on X and promoted a fake MANA airdrop. The aim of the scheme was to get people to visit a phishing site that collects details of their digital wallets.
Users were tricked into connecting their wallets to a phishing site, leaving them vulnerable to financial loss.
Decentraland's X account was hacked to promote a phishing scam advertised as a MANA airdrop.
Decentraland's X account was compromised in a phishing attack. PeckShield warns users to avoid interacting with the compromised account.
Decentraland's official X account was hacked, which allowed the attackers to distribute a phishing link masquerading as a MANA token airdrop.
Virtual reality-focused project Decentraland's X account was compromised earlier today to promote phishing links. According to PeckSheild alert, on Sept.
The fraudulent post on Decentraland's X account promoted a fake MANA airdrop with a phishing link, prompting users to connect their cryptocurrency wallets to claim the tokens.
PeckShield warns Decentraland followers of an ongoing phishing attack using a fake MANA airdrop, urging users to avoid interaction.
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing.
TL;DR The SEC expands its lawsuit against Binance, now classifying tokens such as Axie Infinity (AXS), Filecoin (FIL), and Cosmos (ATOM) as unregistered securities. Binance and its subsidiary BAM Trading are accused of promoting these tokens as investments without complying with the necessary regulations.
The SEC's latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.
MANA reclaimed key support at $0.26, but that alone might not work out!
Three tokens have significant short interest and may see a squeeze of those positions. MANA, GRT and AAVE can extend their gains, erasing the accumulated short positions.
Aave, The Graph and Decentraland could see significant spikes due to notable declines in their funding rates.
Decentraland (MANA) is at a critical juncture as it faces a key trendline retest that could determine its next major move. With the price hovering near a crucial support level, market watchers are keen to see whether MANA will hold the line and spark a bullish reversal.
GeForce NOW adds 'Visions of Mana', 'Star Wars Outlaws', and 'Call of Duty: Black Ops 6' Open Beta to its cloud gaming library.
Story Highlights The live price of Axie Infinity is . AXS price could trade as high as $10.12 by 2024. Axie Infinity with a potential surge could go as high as $53.16 by 2030. One of the growing trends in the crypto verse is blockchain gaming.
The cryptocurrency market welcomed 2024 with bullish promises for each sector, and experts anticipated historical all-time highs this year. Metaverse project Decentraland (MANA) seemed to have all it takes for a bull ride, though the outcome hasn't been as encouraging.
Another spike in Bitcoin to $61K for the seventh time since August 8th means the altcoin market is heading to the $1 trillion mark. As the bullish momentum increases, interest in DeFi, AI, and Gaming tokens increases. With the bullish resurgence showing potential to hit 2021 levels. Here are the top Gaming tokens to buy.
Compared to the past month, the native token of the Decentraland platform has fallen by 15%. However, over the past week, it has increased by approximately 4%.
Ronin Bridge, an Ethereum sidechain built for the popular play-to-earn non-fungible token game Axie Infinity, has been hacked. The hack caused 3,996 Ethereum (ETH) worth approximately $9.33 million to be lost.
The Wild Noctid Chase in Axie Infinity Homeland Avatar Mode gives players a chance to win AXS, Land Items, and SLP.
After an Open Beta Test that ran from 17th July – 24th July, the Homeland Avatar mode in Axie Infinity is now live for all players. All data from the beta test has been reset, and players can now start fresh with a new account.
The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.
The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA's price occurred following a price rejection at $0.3099, marked by the formation of a hammer candlestick pattern.
The Open Beta Test for the Axie Infinity Homeland Avatar Mode has come to an end. The team is now implementing bug fixes in the base game, and more announcements can be expected next week.
In the latest YouTube video, the well-known crypto expert, Alex Becker, discusses the market pumping for the first time in a millennium and how it has been coming.
Axie Classic Competitive Season 4 is now live and will run until 19th August. During this 4-week season, guilds can battle and climb the guild leaderboard for a chance to win rewards from a prize pool of 10,000 $AXS.
MOG Coin, Stellar and Decentraland are our top choices for cryptocurrencies to watch this week, following their contributions to the recent market rebound.
With potential interest rate cuts on the horizon, adjust your portfolio by identifying high-risk altcoins to sell amid ongoing turbulence.
As the broader cryptocurrency market faces a downturn, marked by a 3% drop in Bitcoin's price and a similar decline in Ethereum, Decentraland (MANA) stands out as a resilient performer. Despite the prevailing market conditions, MANA is showing signs of potential recovery.