Have you been thinking about how to make the most of the cryptocurrency market in the long run? While short-term gains might look tempting, building wealth through cryptocurrencies is all about picking projects with solid foundations and potential to grow steadily over time.

Story Highlights The live price of the Ordi token is . Ordi price could soar to a maximum of $80 by the end of 2024. ORDI price with a potential surge could go as high as $610 by the end of 2030. BRC-20 tokens are reshaping Bitcoin's ecosystem, offering unmatched versatility to its blockchain.

Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of.

Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.

Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

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Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce.

The firm's founder has stressed that the layoffs are not financially motivated.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.

This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.

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.

The Ordinals Protocol's native token, ORDI, has been gaining attention from traders as it approaches a critical price level. With heightened market sentiment and a significant increase in trading volume, ORDI is positioned for potential growth in the coming days.

If ORDI closes a daily candle above the $44.45 level, it could soar by nearly 40% to reach the $62 level.

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.

The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

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 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.

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.

This article is all about the top 6 BRC 20 tokens that might have the same potential as ORDI, giving you a chance for big returns.

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.

Story Highlights The live price of the Ordi token is . Ordi price could soar to a maximum of $80 by the end of 2024. ORDI price with a potential surge could go as high as $610 by the end of 2030. BRC-20 tokens are reshaping Bitcoin's ecosystem, offering unmatched versatility to its blockchain.

ORDI has made headlines with a significant 20% surge, leaving investors and analysts eagerly speculating about its future trajectory. This dramatic rally, observed on Monday, September 2, 2024, has reignited discussions about ORDI's potential, especially given its unique characteristics and market position.

ORDI, a coin with a similar circulating supply as Bitcoin, presents an interesting opportunity for long-term upside.

With the price of BTC reclaiming the $59,000 mark, the crypto market has recorded a jump of 0.78% in its global valuation. Moreover, Bitcoin-based tokens have followed the footsteps of BTC and recorded a similar price action by breaking out of their resistance levels.

ORDI has secured the top gainer spot, posting double-digit gains despite the prevalent bearish market condition. ORDI (ORDI) is up 17.76% in the past 24 hours securing a position as the top gainer among the leading 100 cryptocurrencies.

ORDI's price registered a notable rise at the beginning of the week as the broader crypto market experienced a slight recovery.

Cryptocurrency Prices Today (September 3): The current market state has ignited considerable investor optimism globally. Bitcoin (BTC) price regained a pumping movement to trade above the $59K level, whereas Ethereum (ETH), Solana (SOL), and XRP gained roughly 3%-5% today.

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.

Mina Protocol has announced that digital assets custody and management firm Copper has added support for its native token MINA. The platform announced the development in a press release on Wednesday, with Mina Foundation highlighting that Copper now supports institutional custody and staking of the Mina Protocol token.

Digital assets custody and collateral management provider Copper now offers custody and staking support for Mina Protocol. Copper.co announced its support for Mina Protocol (MINA) on Aug.

ORDI (Ordinals) has recently attracted attention with a significant increase in trading activity and a potential shift in its price trend. Despite a recent surge, the question remains: Is ORDI ready for a breakout run to $70?

ORDI, a cryptocurrency operating on the Bitcoin network within the Ordinals protocol, is one of the top gainers in the market today. This is happening at a time when BTC price is struggling to hold on the $60,000 mark.

Amid the crypto market staggering to reclaim recovering momentum, ORDI price witnesses a 98.17% surge in trading volume to hit $166M. The surge in trading activity over the past 24 hours bolsters the recovery of 15.40%.