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SLP is now deflationary, the supply is reducing. More SLP burning mechanism to be launched this December 2023 #SLP
SLP is now deflationary, the supply is reducing. More SLP burning mechanism to be launched this December 2023 #SLP
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Bullish
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Maruko___
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Bullish
Its Time for ETHERIUM $ETH ๐Ÿš€๐Ÿš€๐Ÿš€
Axie Infinity is now deflationary! Building up $AXS {spot}(AXSUSDT) Treasury Rev from nightmare evolution 11,839 AXS. Burn ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ. Pump target 50 $ ๐Ÿš€๐Ÿš€๐Ÿš€ #AXS LFG
Axie Infinity is now deflationary! Building up $AXS
Treasury Rev from nightmare evolution 11,839 AXS. Burn ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ. Pump target 50 $ ๐Ÿš€๐Ÿš€๐Ÿš€ #AXS LFG
$AXS to 80$ ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰๐Ÿ˜ฒ๐Ÿ˜ฒ๐Ÿ˜ฒ
$AXS to 80$ ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰๐Ÿ˜ฒ๐Ÿ˜ฒ๐Ÿ˜ฒ
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expert AXS
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Analysis: Why AXS Could Reach $80 and Beyond
#AXS๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ $AXS Introduction
AXS (Axie Infinity Shards) has been gaining significant momentum in recent weeks, sparking optimism among traders and investors. With a history of reaching $165 during the 2021 bull market, the token shows potential for recovery, especially with recent market developments and strategic efforts by its founding team. Hereโ€™s a breakdown of the key reasons why AXS could hit $80 in the near term and potentially $100 by the end of December.

1. Strategic Leadership and Marketing Push
Trung Nguyen, the CEO of Sky Mavis and co-founder of Axie Infinity, has recently signaled a renewed focus on aggressive marketing and ecosystem expansion. His goal is to restore Axie Infinity's dominance in the crypto gaming space. Marketing campaigns and partnerships could drive user adoption and increase demand for AXS, which is essential for price appreciation. Historically, similar marketing-driven projects have seen significant price jumps when strategic investments were implemented.

2. Axie Infinityโ€™s Ecosystem and Growing Utility
Axie Infinity remains one of the most recognized blockchain-based gaming ecosystems, boasting millions of users at its peak. The continued development of the platform, introduction of new features, and potential integration with broader GameFi platforms are expected to drive growth. The utility of AXS for governance, staking, and in-game transactions ensures its central role in the ecosystem, creating consistent demand.

3. Market Sentiment and Current Trends
The broader cryptocurrency market has recently shown signs of recovery, with Bitcoin stabilizing above key levels. Altcoins like AXS tend to follow BTC's trajectory, and bullish sentiment in the market often lifts gaming and metaverse tokens significantly. AXS has also shown strong support around its current price levels, indicating a potential base for further growth.

4. Historical Performance and Potential for Recovery
In 2021, AXS surged to an all-time high of $165, driven by massive user adoption and the GameFi boom. While the market has since cooled, AXSโ€™s price movements suggest a pattern of consolidation and preparation for a breakout. A move to $80 would represent a partial recovery to previous highs, which is feasible given the current technical structure and increasing market interest in GameFi projects.

5. Technical Analysis and Price Target
From a technical perspective, AXS has recently broken key resistance levels, suggesting a continuation of its upward trend. If the token maintains its current trajectory and trading volume increases, $80 becomes a realistic short-term target. The psychological level of $100 could be tested by late December, driven by retail and institutional interest.

Resistance levels: $50, $70, $80
Support levels: $30, $40
A breakout above $80 could set the stage for a larger rally as traders eye the next major milestone of $100.

Conclusion
AXS is at a critical juncture with strong potential to regain its previous highs. Trung Nguyenโ€™s focus on revitalizing Axie Infinity through marketing and development, combined with favorable market conditions and growing demand for gaming-related tokens, positions AXS as a top altcoin to watch. While no investment is without risk, AXS's fundamentals, market position, and technical outlook suggest that reaching $80โ€”and possibly $100โ€”is well within reach.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing.
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Bullish
Its Time for ETHERIUM $ETH ๐Ÿš€๐Ÿš€๐Ÿš€ {spot}(ETHUSDT)
Its Time for ETHERIUM $ETH ๐Ÿš€๐Ÿš€๐Ÿš€
#AXS target December 2024 10$-18$ atleast, if bull continues may surge up to 20$-30$. Axie is now deflationary. $AXS
#AXS target December 2024 10$-18$ atleast, if bull continues may surge up to 20$-30$. Axie is now deflationary. $AXS
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Bullish
AXS$AXS {spot}(AXSUSDT) AXS will ๐ŸŒ™๐ŸŒ™๐ŸŒ™โœ…๐Ÿš€๐Ÿš€๐Ÿš€ today
AXS$AXS
AXS will ๐ŸŒ™๐ŸŒ™๐ŸŒ™โœ…๐Ÿš€๐Ÿš€๐Ÿš€ today
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Maruko___
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Daily $AXS volume hit 1 billion usd dollar for the first time in 2024. Alt season is waving ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰. Web3 gaming ready to take off $RONIN
$SLP
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Bullish
$xrp will surge atleast 2$-4$ by the end of the year. All Time High for #xrp $XRP .. epic comeback for the token this 2024, and may run up to 5x-10x by 2025. Meanwhile $AXS target for 2024 is 10$- 14$ bull. , might have 3x-5x if bull continuous by 2025 $AXS
$xrp will surge atleast 2$-4$ by the end of the year. All Time High for #xrp $XRP .. epic comeback for the token this 2024, and may run up to 5x-10x by 2025.

Meanwhile
$AXS target for 2024 is 10$- 14$ bull. , might have 3x-5x if bull continuous by 2025 $AXS
Daily $AXS volume hit 1 billion usd dollar for the first time in 2024. Alt season is waving ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰. Web3 gaming ready to take off $RONIN $SLP
Daily $AXS volume hit 1 billion usd dollar for the first time in 2024. Alt season is waving ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰. Web3 gaming ready to take off $RONIN
$SLP
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Bullish
#AXS to break 8$ $AXS $RONIN $ETH Alt season confirmed ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
#AXS to break 8$ $AXS $RONIN $ETH
Alt season confirmed ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
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Bullish
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Binance News
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Axie Infinity Community Proposes Hard Fork Upgrade for Axie & Land Smart Contracts
According to Odaily, the Axie Infinity community has proposed a new initiative to upgrade Axie & Land smart contracts through a hard fork. The proposal highlights that Axie asset holders often request a safer way to delegate Axie assets to minimize the risk to asset owners. After reviewing various smart contract methods in the crypto community, REP-015 was developed. However, implementing REP-015 requires a fundamental upgrade to the Axie smart contracts.

The Axie community convened a technical expert committee, including members Owl of Moistness, Maxbrand99, freak, Duke, and dw. They analyzed all available methods to upgrade the contract, aiming to deliver these features to users while minimizing risk. The committee unanimously recommended a hard fork on Ronin and direct contract modification. This action will include two upgrades: REP-015, to achieve stronger delegation features, and ERC1967, to avoid future hard forks when upgrading smart contracts in the future.
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Bullish
Whe ETH ETF gets approve this May 2024., This is the last time you will see $AXS like this. Study fundamentals and follow me for more update guys. $ETH
Whe ETH ETF gets approve this May 2024., This is the last time you will see $AXS like this. Study fundamentals and follow me for more update guys. $ETH
This bullrun how much $AXS will be? Follow me for more updates
This bullrun how much $AXS will be? Follow me for more updates
3$
15%
25$
20%
50$
27%
175$
38%
93 votes โ€ข Voting closed
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Bullish
ETH founder Vatalik is pro web3 gaming, as He recognize Axie Infinity importance. Follow me for more updates. #slp $AXS
ETH founder Vatalik is pro web3 gaming, as He recognize Axie Infinity importance. Follow me for more updates. #slp $AXS
New York Times Tacled Axie Infinity greatest come back .. This is bullish to all Web3 Gaming most especially #AXS $AXS $SLP $RONIN #pixel #gala .. Prices are on sale now, buy and hold before its too late ๐Ÿš€๐Ÿš€๐Ÿš€
New York Times Tacled Axie Infinity greatest come back .. This is bullish to all Web3 Gaming most especially #AXS $AXS $SLP $RONIN #pixel #gala .. Prices are on sale now, buy and hold before its too late ๐Ÿš€๐Ÿš€๐Ÿš€
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Bullish
Worried with the dump? No worries! Thatโ€™s the power of staking. And the real bullrun begins ๐Ÿš€๐Ÿš€๐Ÿš€. $AXS $SLP $RONIN .. on sale now, buy before its too late
Worried with the dump? No worries! Thatโ€™s the power of staking. And the real bullrun begins ๐Ÿš€๐Ÿš€๐Ÿš€.
$AXS $SLP $RONIN .. on sale now, buy before its too late
Meme coins off, Utility Gaming tokens with excellent projects ๐Ÿš€๐Ÿš€๐Ÿš€ $SLP #$AXS $RONIN
Meme coins off, Utility Gaming tokens with excellent projects ๐Ÿš€๐Ÿš€๐Ÿš€ $SLP #$AXS $RONIN
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