In cryptocurrency markets, we observe that interest in metaverse-focused tokens is gradually decreasing. This is due to the fact that periodically rising tokens cannot attract investor interest in the long term. For example, SAND and other metaverse tokens now appear to have lost investor interest as they move into new areas such as artificial intelligence.

Axie Infinity (AXS) June Predictions
In the last 30 days, the total value of cryptocurrencies increased by 17%. Bitcoin pushed the $70,000 level after bottoms below $60,000, but could not maintain this level for long. Events such as the hack of the Japanese crypto exchange DMM Bitcoin put pressure on the price. When we look at the June predictions for AXS Coin, it increased by only 11%, despite its popularity in the play-to-earn space. A drop in price below the 20-day EMA indicates that investor interest has decreased.

If Axie Infinity price continues to stay below the 20-day EMA, traders may receive a sell signal. If this situation continues, the AXS Coin price may drop to $7.3. In an even worse scenario, it is possible that the price will drop to $6.76.

The Sandbox (SAND) June Predictions
There hasn't been any major activity in the Metaverse space for a long time. SAND Coin's MACD indicator is giving a sell signal by showing that its short-term average has fallen below its long-term average. The loss of hype for Metaverse tokens continues due to interest in new areas such as AI, PolitFi, new meme coins, and RWA tokens. We have warned in the past that investments in metaverse lands could lead to huge losses in the long term.

However, the adoption of AI-powered story and rendering by powerful metaverse projects could change the situation. June predictions for SAND Coin indicate a risk of a decline to $0.36 on closes below $0.4. The situation may change if Bitcoin experiences an abnormal rise or if we see news selling after ETH ETF listings.

#Bitcoin is our world

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