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BNB is the top-performing cryptocurrency these days, while the others appear to be losing heavily

The AXS network growth witnessed a slowdown given the bearish market conditions Axie Infinity's organic demand witnessed a drop in the last 12 months Just a year ago, Axie Infinity had made its name as one of the most popular crypto projects out there.

According to a panel of experts at a Fortune conference last week, businesses across a variety of industries are using the metaverse to operate more productively and effectively, but the consumer market for this technology is still in its infancy.  According to a report from Citi, the metaverse economy could be worth between $8 trillion to $13 trillion by 2030.

How is the AXS metaverse token responding to the general crypto bearish trend

If you're new to crypto, it can be tough to understand all the jargon and concepts.

The bear market has influenced the lower market prices of Binance Coin (BNB) and Axie Infinity (AXS). While projects like Binance Coin and Axie Infinity may bounce back in the next bull run, it's always shrewd to look to new players in the market.

Axie Infinity (AXS) price action has been rather dull of late, but in an interesting turn of events, whales have been on the move, pumping price almost 200% on Nov 13. The post Unraveling the Reasons Behind the 200% Pump in Axie Infinity (AXS) Price appeared first on BeInCrypto.

Selling pressure is tapering off and could offer entry positions for long trades  Axie Infinity has witnessed a substantial decline in network growth and social activity.

The Axie Infinity (AXS) price has broken down from the long-term $9.50 support area. This could be the catalyst for a decrease towards $3.40.

The metaverse is undoubtedly the future. Or so it seems, with Bloomberg predicting that the metaverse may one day be worth $800 billion. When well-respected names like Bloomberg start making these statements, you know it's time to sit up and listen.

Here are 7 cryptos to avoid as the crypto winter drags on. Invest in big-name projects with identifiable utility and avoid these names.

Axie Infinity (AXS) finally managed to break away from its downward momentum that's been going on for the last six months. According to latest data from Coingecko, the crypto asset peaked at $11.29 today before entering a minor price correction that made it decline by more than 7% over a 24-hour period.

Axie Infinity price prediction remains bullish, especially above the $10.15 level, extended by a 61.8% Fibonacci retracement.

 AXS's price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards.   AXS's price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying.

With the recent price jump in Axie Infinity coin, the buyers breached a six-month-long resistance trendline. Therefore, if the prices show sustainability above the breached trendline, it would indicate the market sentiment has shifted from selling on rallies to buying on dips; should you enter now?

Sky Mavis, is onboarding more game studios to build the next generation of Web 3.0 games on the Ronin Network.

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Some crypto coins have ended October with a loud bang, so many crypto holders see their portfolios slowly recovering after this long crypto winter. For some optimists, the market appears to enter a new bullish phase, which could erase all the losses from the previous months.

In the ever-changing crypto space, every project must prove itself to make it to the top.

Despite the huge potential and market cap of Axie Infinity, the popular play-to-earn (P2E) cryptocurrency, investors have witnessed a decline in growth with the ongoing AXS price correction since its all time high reached in late 2021.

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Crypto price today Oct 30th: Since last week, the crypto market has witnessed significant improvement and pushed the major cryptocurrencies to higher ground. Furthermore, the meme coins like DOGE and SHIB were the stars of this rally, and it seems the bullish sentiment has found its way to Metacoins.

 The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The flag pattern, although bullish, was not ideal AXS saw some developments in the futures market which indicated speculators had a more bearish stance The crypto markets saw a sharp bullish move over the past

Metaverse gaming is tipped to be the next big trend in the industry, and titles like Axie Infinity have already shown that titles within this sector can quickly ascend to stardom.