The Avalanche Foundation was founded in 2018 by EminGunSirer. The Avalanche Foundation is a nonprofit organization responsible for developing and maintaining the Avalanche (AVAX) platform. The Avalanche blockchain consensus protocol enables "fast finality" with "high throughput" and "low latency,” making it suitable for a wide range of decentralized applications. AVAXis the platforms native cryptocurrency. Its price is expected to increase, making it a good option for holding through this bear market too.Īvalanche (AVAX) is an open, programmable smart contracts based platform for decentralized applications. Its economy is based on Ethereum, making it a good investment. Its features make it a promising gaming platform with great potential.
#AXIE INFINITY NEWS FULL VERSION#
The games economy is based on Ethereum (ETH), and players can use AXS to buy, sell, or trade Axies.ĭespite the bear market, we recommend you buy Axie Infinity (AXS) as the price is expected to increase when the platform launches its full version later this year. In addition, players can earn rewards by participating in weekly contests and tournaments. The game features multiple game modes, including PvE, PvP, and seasonal events.
With the strong tokenomics and incentives outlined in the whitepaper, this token could prove to be a great presale option for waiting out the bear market.Īxie Infinity (AXS) has its Own World from the Bear MarketĪxie Infinity (AXS) is a gaming platform that allows users to collect, raise, and battle creatures called Axies. In our opinion, Zompot Token (ZPOT) has a good chance of succeeding in this bear market, given the teams experience in building user-friendly products, its presale bonuses, such as a referral system where Dollar 200 deposit will net both participants with Dollar 50 or the extra 40 percentage of tokens depending on the fiat amount deposited. This can address any potential security or privacy concerns that may arise on the network. ZPOT is currently sitting in a bear market, but this could be a great buying opportunity for ZPOT as the project has good potential, and the Zompot Token (ZPOT) will be undervalued at its launch.
Zompot Token (ZPOT) is a blockchain-based system that aims to simplify crypto for consumers and to allow them to execute transactions. According to data from Active Player, Axie Infinity had nearly 2.78 million players during the start of the year.Zompot Token (ZPOT) has so much Potential with its Features Over the past 30 days, only 701,447 players interacted with Axie Infinity, levels not seen since December 2020.
The week’s bearish performance pushed AXS down 93.9% from its all-time high of $164.90 in November 2021.Īpart from the broader market’s bearish sentiments, AXS price has also been affected by the upcoming token unlock and the constant declining player count.Īccording to Token Unlocks, about 8% of the total AXS supply, totaling 21.543 million, is about to be unlocked for investors and advisors on October 25.Īs of this writing, the unlocked tokens are worth more than $210 million. The damage is much worse when examined over the past month, with CoinGecko indicating a drop of nearly 19%. Gaming-related cryptocurrencies including Axie Infinity (AXS), Chiliz (CHZ), and Apecoin (APE) have posted substantial losses of at least 8% over the past week.ĪXS, the token powering the popular NFT-based game Axie Infinity, has dropped more than 13% over the past week, per data from Coingecko. Several tokens were hit harder than others amid the chaos. price report last Thursday, the broader crypto market shed nearly $8.08 billion in value, reports data from Coingecko.
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