Reddit Posts
Top 8 Blockchain Games Worth Exploring in 2024
Axie Infinity (AXS) Breaks Through $10 Barrier—Has the Bull Run Begun?
100% Gains In A Month: Here is Why Web3 Gaming Tokens are exploding
Sky Mavis is the developer of the blockchain-based Axie Infinity. Sky Mavis partners with Act Games The partnership brings Japanese Web2 games to the Ronin Blockchain. The partnership also increased the price of AXS by 15%. AXS,
October token unlocks: are these projects destined to be crushed by their tokenomics?
METACADE: The Community Hub for Mainstream and Blockchain Gamers
Why HoldingFundamentals Project With Utility Is Key
Axie Infinity (AXS) Retests $5 - Will Long-Term Holders Trigger a Reversal?
Axie Infinity (AXS) Retests $5 - Will Long-Term Holders Trigger a Reversal?
Can Axie infinity make a return? Is Ronin going to become anything worthwhile?
How to evaluate the tokenomics of a crypto project
Gaming Tournament Pushes Axie Inifinty (AXS) Price Above $6.50 —More Gains Ahead?
On June 6, 2023 - Jim Cramer has called the following cryptos "counterfeit tokens" and said "If you're in them, you're fool. Since then: SOL (+27%), ADA (+6.5%), MATIC (+6.3%), FIL (+38%), ATOM (+13%), SAND (+12%), MANA (+17%), ALGO (+18%), AXS (+28%), CODE (+20%)
Why do you think the SEC is inclined towards not labelling Ethereum as a security?
This is how much SE&C has caused our bags to dump in just 9 Days
I asked Gary Gensler for help to secure the future of my family on January 1 2023. I think he might have misunderstood and declared my portfolio a security instead.
10 Intriguing Play-to-Earn Games to Watch in 2023
[Binance] What to do with my Crypto in Canada ?
AXS Pumps by 13% as Axie Infinity Game Goes Live on Apple Store
Bitcoin is outperforming 48 of the top 50 alt coins and has not shown such incredible relative strength since September 2019.
Ronin liquidity pool staking. My thoughts on past, present and future and hopefully some of your thoughts too.
Bitcoin is King: Bitcoin performed better than 46 of top 50 altcoins over the past 90 days. The last time Bitcoin performed so well relative to alts was almost two years ago (August 2021)
I held a homeless man at gunpoint and forced him to make his best assumptions for the next weeks crypto rally. Here they are:
I held a homeless man at gunpoint and forced him to make his best assumptions for the next weeks crypto rally. Here they are:
If you're interested and have the time here are some Web3 games to check out. Also if anyone knows any other ones (besides Gods Unchained) please let me know!
I made a lot of mistakes and I’m grateful for it.
Crypto Gaming Token AXS Surges 40% Ahead of $64 Million Token Unlock
Don't think anyone has really noticed but Axie Infinity is going crazy rn. Up 20 percent today to nearly 12 dollars a coin. What is behind this?
Analysing the ROI from DeFi and CEFI together with NFT and GameFi
Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength
Staking or lending to survive the bear market?
Axie Infinity is on 🔥 #altcoin Axie Infinity current price is $7.14 with a 24 hour trading. AXS price is up 1.3% in the last 24 hours. It has a circulating supply of 110 million AXS coins and a total supply of 270 million. If you are looking to buy or sell Axie Infinity, Bitforex is currently the m
Axie Infinity's AXS is Pumping, Possible Price Manipulation and Hack
What is a "good project", after considering what's happened this year?
Crypto Game Axie's AXS Tokens Get Unlocked, Recipients Send $5.7M Worth to Exchanges
Axie Infinity (AXS) drops 22% to a new 52 week low. There is an expected distribution today of nearly 21.543 million tokens to early investors
A look at some of the 'must watch' Metaverse projects for 2022 and how they're doing at the moment.
What was Axie Infinity ($AXS) Binance LP value when they were at $80 (or ATH)?
Swing Trade Setups: AAVE, ADA, ATOM, AXS, CAKE, MATIC
People of the UK! How do you get your FIAT into Binance?
Axie Infinity-During this bear market i think this is a great time for anyone to get into crypto gaming
Axie Infinity CEO Denies Rumors of Moving Millions of Dollars in AXS During Massive $600,000,000 Ronin Attack.
What are your thoughts on Axie Infinity? Has it peaked?
Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS
Crypto Investing Help for a Rookie
P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
'Crypto Heists' The next evolution of bank robbers
New margin pairs for AXS, CRV, GRT and NANO accessible now
GameFi in Crypto Winter: reduced budgets, hiring freeze, new opportunities
What 5 cryptocurrencies would you invest in?
Axie Infinity V-shape recovery fizzles as AXS price drops 20% from three-week high
Binance CEO CZ applauds Axie Infinity’s team, AXS prepares for recovery
ApeCoin (APE) Is Now The Biggest Metaverse Token, Edging AXS, MANA, SAND - PlaytoEarn LFG!!!
I just sold everything on a loss. I followed the buy high sell low!
Axie Infinity (AXS) Sales Volume Plunges by $816M in March
Weekend Watch: ETH Soars to 3-Month High, AXS Adds 12% Despite Recent Ronin Hack
What do you think of Coinbase's Top 10 Crypto Picks?
What Would You Do If You Exploited Axie for $600M+
What's the best hardware wallet available right now? Which ones support the most variety of coins? Any particular ones to absolutely avoid?
24th March Price Report: ADA, DOGE and AXS
Catecoin that generate 2000x returns launches Catpay Reward Token - Participate in IDO
Top 3 Gaming Crypto to Look out for in March 2022: AXS, GALA, ENJ
How would you advise someone new in Crypto trading
2022 Metaverse Coins Compared - MANA, SAND, THETA, AXS
Forget what's happening in the market right now, fokus on accumulating value
In every trade I have ever made, there’s been a catch
IN 2022, THE TOP GAMING AND METAVERSE CRYPTOCURRENCIES TO CHECK OUT
IN 2022, THE TOP GAMING AND METAVERSE CRYPTOCURRENCIES TO CHECK OUT
Forget what’s happening in the market right now, focus on accumulating value
Stepping into a new category of projects to expand my portfolio
Crypto to Keep an Eye on this Week: ETH, AXS, GRT
Coins.ph enables Ethereum sidechain for affordable AXS, SLP deposits
GameFi Explained - Introduction to GameFi and Play-to-earn
A newbies quick guide for navigating crypto
Smooth Love Potion soared over 300% since the beginning of February due to an Axie Infinity update
What are the best cryptocoins based on the metaverse?
Does re-staking rewards daily...Classify me as a BUSINESS?
Bitcoin, SHIB, AXS, MANA, GALA Analysis Today
Axie Infinity token AXS gains 40%
Mentions
Can anyone point me in the direction of the goods and bad of AXS. Any bad press etc since the last bull run?
I bought AXS once because someone mentioned it as the next Pokémon. Bought 300usd of it when it cost like 40c. I sold 50% when it hit 100 and some more in 115. Got 11k in return. Put the rest in staking and got out of it like 3k more recently when it went to 30 and still have a shit ton on staking leaving there to rot. I got lucky for sure but I really believed in the premise... Not anymore though. It's all rug here and there now or truly boring games that no one wants to play. :/
**2018** Went -99% in 2018 from bag holding. Then kept DCA'ing BTC ETH and random shitcoins (XVG) during bear market. **Mistake one:** Not taking profits and just keep holding **Mistake two**: Buying XVG when ETH was at $80 and continuing until late 2019 (sold at a loss for ETH late 2020) **Mistake three**: Spending capital on unnecessary things. Dropped 20k on a condo escrow deposit a week before the March 2020 capitulation. **Mistake four:** Trying Axie Infinity (the game) in Oct 2020 and didn't buy the token cuz the game was ass. (AXS was 10 cents at the time, $140 peak in Nov 2021, you do the math) ​ **2021** **Mistake one**: Not having sell targets for hodl bags, just wanted to wait until I held longer than one year for reduced tax rate. Missed out on selling 25x in ADA, 30x in VET in first half of 2021. 30x in ADA, 20x in EGLD during second half of 2021 (tho I did sell a bit because of previous experience, but not enough). **Mistake two**: Held on to stables/USD during BTC mid-summer dump and did not buy. **Mistake three:** Kept flipping gaming coins in Nov 2021 without a stop loss. Made basically a year of my salary in a week and give it all back to the market in early 2022. **Mistake four:** Took a personal loan to continue flipping gaming tokens into begging of 2022 (I still have 4 years of payments on it) **Mistake five:** Assumed we would have a finale grand finale alt-season like in 2018. Did not sell until was forced to sell (at a loss) for 2021 taxes. Also sold a bit for living expenses. At the very bottom was down -85% from 2021 ATH. **Mistake six**: Not buying BTC and ETH during Luna and FTX collapse. (Am unemployed so need to protect capital, even though I knew it was the bottom) ​ I probably have some more mistakes, but these are the big ones. According to OG youtubers, it takes on average 3 cycles or 7 years to hit 7 figures in crypto, but given all my mistakes, not sure if I'm going to hit that. If I do great, if I don't its whatevers lol The most important thing I've learned all this time being in crypto, portfolio size really doesn't make a difference in my life. My quality of life right now is significantly better than 2021 when my portfolio was multiples of what it currently is. And I don't need much to sustain my currently unemployed NEET ass. I dont want to own a house, I dont want a gf/family, I dont want status. I just want to quietly live my life, playing games, watching anime, and checking outs whats good on youtube/reddit/twitter. So with that in mind, had I cashed out the way I wanted to in 2021, and ended up buying a house in TX, my life would be significantly worse than it is now. So I thank god that I made those mistakes, learned the lessons, and am now a happy NEET living in my moms basement.
SLP, AXS, YFI, SUSHI, ERN, etc
Low risk low reward: like 3-4x ADA DOT LINK Medium : AXS C98 SUSHI BAKE CAKE PERP High : DOGGIE PEPE.... All small caps
Currently 100% alts. Up avg 28% on portfolio. AXS DOT PERP CRO WRX AAVE AI
Umm, I've been -60% during the bear market.. and instead of buying coins I saved up to make 2 down payments for my apartment.. that's 40k which went to the bank to save some 4k on interest.. and in crypto I've put less and less.. but I got burned with gaming tokens in 2022 (looking at AXS)
This guy is def new to crypto. BTC steals dominance at the beginning of the bull, then alts eat that dominance and go into hyperdrive (alt season) Then BTC goes +50% while MOST ults do 5-10x. Then you have the outlandish 100x+ returns like SHIB and AXS (even before the gaming pump). I'm looking for that type of return, not 2-3x in boomer BTC lol Guess that why I'm a degenerate
Ai tokens will be the biggest gainers this run. So load up on $FET $AGIX & $RNDR There's a big chance that games will do well. $RON - is the best gaming blockchain, with most active gamers on, by a LOT! $AXS - biggest game out there, built on Ron btw
Found this because I was confusedly looking for the difference between pooling and staking. I always thought pooling WAS staking, or at least was a form of staking. But personally I've always used liquidity pools. Mostly just because I've lucked out and found ones with insanely high APY. Best example right now is Axies. You can either stake RON for 13-16% APY, or you can pool RON with various other tokens for 50-70% APY. The choice seems obvious to me, especially since the APY has remained consistent for about 2 years now (lowest I saw it go was like 49% I think). Right now I have RON/ETH(73% APY) and RON/AXS(64% APY). started 2 years ago or so (whenever they started the pools) with around 5-8k in there, and slowly been building that (split my rewards about 50/50 every time I cash out, and put half back into LP) and it's worth like 28k now. Impermanent loss is something that has always confused me too. Maybe I have just always gotten lucky with projects, but I've only ever seen permanent gains, with how much these pools usually pay out it's almost impossible to have impermanent loss, because your rewards will cover any amount of loss if it ever does happen (unless you are just choosing shitty project pools idk). Like I understand how it can go wrong, I've just never experienced it myself so it's hard for me to comprehend how you would allow it to happen. But then again I probably wouldn't pool or stake anything these days for less than 20% APY (which is why I haven't staked RON, there's almost no point when I can pool for quintuple the money). I don't feel like pooling needs high monitoring or has high risk. Every time I "monitor" it, it's because I am excited to see how much money it is making me today, or how much RON has pumped, or how much ETH has pumped etc. I also feel like this post ignored the fact that pools kinda give you a double safety. Pretty much both coins have to fail for you to lose all your money. With staking, only one coin has to fail to lose all your money. Like if Ron is down but ETH is up, things stay mostly the same in my pool, and it eventually corrects itself anyway (in this case at least since axies has been trending upward). Lastly, pools can give you some almost sketchily impossible gains. ***I can not stress enough how much I DO NOT recommend what I am about to mention, and it is the furthest thing from a suggestion, as it is an already failed project:*** AlpacaCity. Alpaca city was a project that started in 2020, and was failed about halfway through 2021. A lot of people were making a lot of money breeding alpacas and selling them, but this was limited to people who had "cracked the code" for breeding. The other two ways were squad farming (you "stake" up to 30 alpacas, and they farm ALPA for you based on their average energy levels) and LP farming (you "stake" ONE alpaca and some LP tokens, and it farms ALPA based on how much LP you have, factored with the energy level of your alpaca) about 99% of people went with squad farming because most people had dozens of low tier pacas, and most people didn't have anything very high energy, but also everyone is scared of the mysterious "impermanent losses". I decided to take the risk and try out LP farming (back in 2020 when it was still poppin) and quickly discovered that since almost no one else was doing it, the rewards were INSANELY high, not only compared to squad farming, but compared to anything else in crypto, even to this day. I only ever put in 1000$ into LP farm, but I was pulling about 200$ a week from it. This honestly never slowed down even after the project died, because the pools were all abandoned with money still in them. To make things crazier, during the dying period when 90% of the community was already gone, they changed the LP contract, which meant anyone with alpacas or LP in the old pool, would no longer get rewards, and had to move to the new pool. I was quite literally THE ONLY PERSON in the new pool for MONTHS. (it shows you lowest/highest energy alpaca in the pool. I had the highest energy, and the lowest energy was blank, meaning there was no other alpaca in the pool). Despite this, it seemed like it was still pulling rewards from the original pool, because my rates never changed. Which by the way, have been at 5,000%-20,000% APY for over 2 years now. If it wasn't for how dead and sketchy this project is, I would have put much more money into it, but never wanted to risk more than my initial investment of about 1000-2000$ (I spent money on a 9000 energy alpaca to make rewards better at some point). I would have to add it all up again, but I've made somewhere around 15-20k USD off alpaca farming since it started, and still to this day I am making about 200$ a month from alpaca farming, despite the project being 100% dead at this point. As long as this pool still has money in it, I am gonna drain it though. The best cow in crypto, but it's definitely emaciated at this point. To clarify: if I would have just held 2000$ as ETH for 3-4 years, I would have made no where near the amount of money I made farming alpaca. Which is why impermanent loss confuses me. Again, I have probably just gotten stuuuupid lucky when it comes to LP, but I think impermanent loss is just a skill issue honestly.
I did that once upon a time but now it’s BTC only…AXS, CRV, SAND, MANA, OMG, DOT, ETH, RPL…I think it’s too many project to keep track of and all have much higher risk, imo.
I did that last cycle… bought Axie Infinity - AXS just after the ICO.. 10,000+ holding for about 2 ETH @ circa $800…. Sold AXS at x 6, x 10 & final amount x 20…. Was happy turned 2 ETH into just over 10… Coin ended up doing over 500x- I cried myself to sleep for months after.. Even if I missed the very top - would have turned $1800 into over $1,000,000… Be very careful with DCA’ing out.
What's the expectation when AXS tokens get unlocked today? Dump?
Keep in mind that for those that do not believe crypto games are being played on a mass level, your opinion would likely change if you got a peek as to what's happening regionally. For example, Axie Infinity took off during the pandemic because people couldn't work and needed to still somehow earn an income. I've read that alot of mom and pop businesses played AXS to "earn", and to my amazement, they apparently did. My basic point - just because it might not be happening in your backyard, doesn't mean it ain't happening
LoL this gave me giggles. I sold AXS at like $100 what feels like years ago. Checked now and it is $8ish
Inverse r/cc long short index update The inverse r/cc long short index is an index consisting of 5 longs (SOL, BCH, TRX, PEPE, AXS) and 5 shorts (ALGO, LRC, ADA, XMR, LRC) that attempts to mirror the inverse of reddit sentiment. The goal is to find out whether the inverse r/cc meme is true, and that countertrading this sub is profitable. I started this experiment with an account balance of $5000, and $1000 in each position link to original thread here: https://www.reddit.com/r/CryptoCurrency/comments/18xf86c/inverse_rcc_longshort_index/ screenshot of positions and account balance: https://imgur.com/a/T3rupoR The inverse r/cc index is up around 5% since Jan 4. We finally have a long in profit in BCH, with the other 9 positions still below entry price. ALGO and LRC still down double digits from last week
It's kind of fun watching which of the altcoins on my watchlist will hit double digit gain first for today. As of this writing, leading the way is ADA, AXS, DOT and VET at 6%+ apiece.
This sub doesn't even talk about BCH, TRX or AXS... is this just to promote forgotten coins?
Inverse r/cc long short index update The inverse r/cc long short index is an index consisting of 5 longs (SOL, BCH, TRX, PEPE, AXS) and 5 shorts (ALGO, LRC, ADA, XMR, LRC) that attempts to mirror the inverse of reddit sentiment. The goal is to find out whether the inverse r/cc meme is true, and that countertrading this sub is profitable link to original thread here: https://www.reddit.com/r/CryptoCurrency/comments/18xf86c/inverse_rcc_longshort_index/ screenshot of longs and shorts + account balance: https://imgur.com/a/wicMKcS The index is up $300 (6%) in about a week after a lot of market volatility and alts bleeding vs btc, which is a great return. The top 3 performing alts (SOL, BCH, TRX) in the portfolio are all part of the inverse r/cc longs, with LRC performing the worst out of all 10 coins
Where do i look, alts starting to grow really well, don't know what alt you in buy my $AXS pumping well
AXS, Axie Infinity is very much making a comeback
Most of my crypto money is on RON and some AXS
Is AXS inflationary or deflationary?
AXS is down an awful lot. But it's still one of the most played crypto based games. Still 350k people playing a month. Down from 2m at peak. But it still outplays other crypto games. Compared to The Sandbox which only has around 3k active users a month. Axie Infinity is doing pretty well.
Idk. Did the entire market start following AXS instead of BTC now? Lol
tldr; Axie Infinity (AXS) has seen a significant price increase, breaking through the $10 barrier and reaching a new yearly high of $11.05. The cryptocurrency has broken out from a descending resistance trend line that had been in place for over 700 days since November 2021. The Relative Strength Index (RSI) and Elliott Wave theory both indicate bullish trends, suggesting the possibility of further gains. However, failure to close above the $13 resistance could lead to a price drop. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
AXS waking up on Christmas is crazy
AXS, ONE and VET on double digit gains today. BONK too. J/k 😆
Why is AXS pumping for 2 days now?
Yep. Staked the AXS though since 2021. Not yet at breakeven but if this run continues, I'll surely see greens for my axs
I just brought a little $AXS, it looks pretty undervalued (sorry not trying to shill).
Not quite surprising, given that AXS has been on a roll lately -- but exercise some caution.. yes?
AXS , it makes about the 35% of my crypto investments, the rest is on BTC, but damm I like those flexible earnings of 14% every month
I used to have hundreds in AXS on Coinspot cuz they offered really high interest rates, but when Coinspot halted the earning program, I swapped pretty much all my AXS for DOT.
Looks like metaverse and gaming coins are having a good day. Just looking at the top 100 with AXS, MANA, SAND and GALA.
Whats going with AXS? Any news?
**Your submission has been removed because at least 1 submission with the same title has posted on the subreddit recently.** **OP:** coinmonks **Date:** 2023-10-21 16:36:15 **Duplicates:** N | User | Date | Posted... | Similarity | Title :-:|:-:|:-:|:-:|:-:|:-:|:-:|:-: 0 | [/u/coinmonks](https://www.reddit.com/user/coinmonks) | 2023-07-31 18:32:45 | 2 month(s) before| [88%](https://https://coincodecap.com/axs-crypto-price-analysis) | [AXS Crypto Price Analysis](https://redd.it/15eo249) I am a bot. If you believe this was sent in error, reply to this comment and a moderator will review your post. **Do not delete your post or moderators won't be able to review it.**
Some notable events this month to watch out for: Token unlocks: Oct 16: $FLOW - $3.23M, 0.7% supply. Oct 17: $APE - $16.6M, 4.23% supply. Oct 20: $AXS - $64.59M, 11.5% supply. Oct 22: $ID - $3.41M, 6.46% supply.
Token unlocks: Oct 16: $FLOW - $3.23M, 0.7% supply. Oct 17: $APE - $16.6M, 4.23% supply. Oct 20: $AXS - $64.59M, 11.5% supply. Oct 22: $ID - $3.41M, 6.46% supply.
Looking forward to the AXS and OP tokens unlock this month. Should be a fun watch PA wise.
AXS will unlock $65 million worth of coins on October 20th. This is very bad tokennomics and will crash the price.
ICP because it hurt me personally AXS because it's going nowhere BNB because fuck Binance
Do you think it'll do what AXS did last time?
You really want an honest answer? First time I bought my first crypto (AXS), I felt like the richest man in the world. I had so much hope for the project, I didn't look at the cons, was blinded by the development map, I had the highest hopes. I expected it to skyrocket in weeks time. It crashed instead.
What to keep prior to BTC halving Hey guys, today I have all these coins (95% DOT) in my Binance wallet (all at loss for a long time). Thinking about selling everything and buying either all in BTC or get a bit of ETH as well and hold until the Halving and after it (2025/2026). Thoughts? I know the sky is the limit, but how much BTC it would be nice to accumulate minimum prior to the halving for a nice gain? Is there any other coin you guys would recommend accumulating as well? I'm all ears to any advice you may have. Thanks! Coins: - DOT - ENJ - MANA - SAND - AXS - BNB - MATIC
According to this article by bitcoininsider.org Key Findings : Ethereum (#ETH) and Solana (#SOL) are loved by the most countries. 68.7% of tweets about Stellar (#XLM) contain positive sentiment — the highest in the U.S. for any coin on the market. Bitcoin (#BTC) is the most hated currency, with negative sentiment strongest in 16 countries. People voice their frustration in 32.3% of posts about Axie Infinity (#AXS), making it the most hated coin in the U.S. overall. thoughts? and why BTC has the worst sentiment among all the coins
Listen to me right now! First off, I love you okay? Now yes, your in a hard spot but you can turn it around and instead of IMX & AXS try BTC & ETH and yes, this IS financial advice god damn it!! Now get out there in the fiat mines and get your ass to work!! (So you can have more fiat to invest in case you don’t get that)
As if it wasn’t bad that my portfolio is down 60%, I have no job, savings and my cards are maxed out. I look at my portfolio and find IMX and AXS… What a cruel fate
ICP , AXS , LUNC. Those are 100% guaranteed.
What's your biggest bag of alts that you're ashamed of? It's your chance to get it off your chest now. I got myself a bagful of AXS in January of last year. I was a believer of the Axie Infinity game and thought it was the future so I rode it down to the depths of wherever it is now. Definitely got bamboozled.
>I feel bad for the hodlers ![gif](giphy|KDRv3QggAjyo) I used to be one of those with $AXS.
Well RIP $AXS and $APE ​ The other can probably handle the extra supply
What was the first coin you guys made your first 2x on? Or maybe your first profit? This coin would be the one that started your crypto 'addiction.' Mine was AXS. Yep, I know...
Sounds like totally made up B.S. when it comes to "potential takeover" of SAND or AXS. 🤦 $PIKA maybe profitable on days 1-3 like any pump and dump scheme, before every "investor" with at least two remaining brain cells runs for the hills.
Easy MATIC, AXS, GALA
Reminds me of certain tokens before last bull run -Mana @ $0.03 -Sand @ $0.05 -AXS @ $0.7
We all have our ups and downs in crypto. What crypto disappointed you? Mine’s SLP and AXS.
Nah. It was SLP/ AXS. Gave that up for obvious reason
I was *so* close to buying into Axie Infinity back when an Axie was genuinely $180-$200 **each.** I had spreadsheets to work out the cost of breeding based on the price of the $AXS token and the daily income.. $SLP was it? **Man.** I was so fucking close and I'm so glad I waited.
Cried in AAVE and AXS😭
What are you doing AXS go back to bed
You're forgetting AXS. 90% with 120 days lock up period.
So besides FTX dumping a bunch of crypto to pay back their users, SOL, APE and AXS have unlock dates in the coming month or so. Doesn't sound like total meltdown to me.
tldr; The article discusses the potential crash of altcoins in the cryptocurrency market. FTX, a bankrupt crypto exchange, is expected to sell at least $3.4 billion worth of crypto assets to return fiat currency to its users. This selling pressure, along with other crypto venture capital funds also needing to return funds to investors, is expected to create an overhang for altcoins for the rest of the year. The article highlights specific altcoins like Solana (SOL), ApeCoin (APE), and Axie Infinity's token (AXS) that are exposed to potential sales and have experienced price declines. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; One year after Canadian Prime Minister Justin Trudeau criticized the suggestion to invest in Bitcoin, it has outperformed inflation and the S&P 500. Despite Trudeau's negative stance on crypto, several Liberal Members of Parliament in Canada own digital assets. Bitcoin has seen a 15% increase in value over the past year, while inflation was at 6.5%. The CoinDesk Currency Select Index (CCYS) and the CoinDesk Currency Index (CCY) also showed positive returns after inflation. However, some tokens, such as MANA and AXS, have experienced significant losses. Several Canadian politicians from both the Liberal and Conservative parties own digital assets, including Bitcoin and Ether. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
AXS! I got blinded by the high APR that Binance offered, failed to do my own research and of course, the coin crashed...
AXS. thankfully cut my losses when I had the chance.
I've played and invested in alot of crypto games over the last few years. I only ever made any money on two, Axie Infinity (AXS) and My First Defi Pet (DPET) - I never made any money on the actual Pet gameplay though, purely from speculating on the token. Lost alot of money on Devikins, Plants vs Zombies, NFT11, and about 5 others that I can't even remember the names of now! They're all mostly scams, but bundled around a genuine game - which is usually a pile of rubbish that nobody of sane mind is ever going to bother playing. Axie Infinity on the other hand, is genuinely a rather entertaining game, and it went nuts back in the day, reaching 1m daily active users, with their market place sales dwarfing any other app on Ethereum in their heyday, and the AXS governance token equally exploded, going from 50c cents to $150 in a few months. Out of all of the games I played, only Axie did I actually enjoy playing, and even now I have around 50 Axies waiting to venture out on the land again, one day! It's still fairly popular so I'm confident it will come roaring back again!
AXS from Axie infinity. Shit sunk so fast
From MOONS current price it’d take a 16x to get us into the top 50 by market cap, usurping AXS’s market cap of ~$627.5mil At ATH of 0.65 MOONS ranked in the top 250 by market cap, reaching ~$80.9mil. At ATH MOONS would need 7x to reach top 50, at a price of around $5. This is all in the context of the longest bear in crypto history, lasting >500 days. The connotations for this are immense, given the market-wide shunt up in price we see during the bull market. It’ll be fascinating to see what price it’d need to be in the 50 during the next bull, what are your guesses?
Yep. I did similar with AXS although I never locked it, I used KatanaDex to do my staking. Thankfully I wised up and got out before my bag was worthless.
Let me share my worst decision. Bought AXS at $62 and thought if it goes lower then I’d still have 120% APY if locked for 90 days. When that period ended in Aug Sept 2022, the whole bag was worth 20% of what it was initially.
I miss the bullmarket. I miss making good money on random shitcoins like Decenterland and AXS.
The price of Axie Infinity (AXS) has dropped by 97% from its peak of $166 during the 2021 Metaverse rally, where it had reached a market value of $9.6 billion. Once a popular shill on the Internet, now it’s going to the rubbish bin.
ETH, AXS and SLP not holding any of those rn lmao
It's really frustrating to see coins with 18 decimal points. Probably the only reasons AXS will never reach true 0
I made a 110% on Mines of Dalarnia lol. Also, AXS, AVAX, and ONE were huge.