Is It Too Late to Buy Axie Infinity? AXS Price Rockets Up 18% in 24 Hours as Viral New Meme Coin Secures $850,000 in Funding
Axie Infinity (AXS) the top-ranked Gamefi token (by market cap) has seen AXS price explode +18% in 24-hours amid a flurry of interest in crypto gaming tokens.
Over the past week crypto markets have shifted towards bullish sentiment on GameFi projects, with Axie Infinity (AXS) exploding +28.89% in 7-days, Sandbox (SAND) surging +14.98% in 7-days, and Decentraland (MANA) climbing +22.30% in 7-days.
🔥 Last Update for Axie Infinity ( $AXS ) and Trading Signals 👀
💥 Last Price Update for #AxieInfinity :
⚡️ Daily Gain: 16.13%
⚡️ Weekly Gain: 29.58%
— GemX Trading (@gemxtrading) October 30, 2023
However, keen eyed trading influencers have become concerned about a significant resistance level – potentially cap-stoning local upside potential in the current range.
AXS Price Analysis: Axie Infinity Soars As Interest in GameFi Tokens Renewed – Will Resistance Stall Rally?
As price action battles to push up Axie Infinity is currently trading at a market price of $5.77 (representing a 24-hour change of +2.32%).
This comes following an impressive 3 consecutive days of big upside movements, as price found support above the $4.75 price level.
Now in an ongoing resistance test with the 200DMA (sat at $5.825), all eyes are on the $5.75 price level – which could become a critical foothold for a further upside move.
Price action appears strong here with well-established lower support levels at $4.75 and the 20DMA at $4.575 – providing little downside risk to current position.
However, a significant warning emerges from the RSI indicator which has rapidly heated up to a substantially oversold 80.20, suggesting a retracement move could be inbound.
But the MACD remains bullish at 0.154 – suggesting breakout momentum could have control of ongoing price action.
Overall, AXS looks extremely strong here, with the only significant weakness in structure stemming from the red flag on the RSI indicator.
This leaves Axie Infinity with an upside target at $6.5 for AXS price (a possible short-time frame move of +12.28%).
While downside risk threatens a drop down to $4.75 for AXS price (a potential short-time frame move of -17.95%).
Axie Infinity therefore carries a risk: reward structure of 0.68 – a tough entry – reflecting the sharp end of a big rally.
But while Axie Infinity is facing a major resistance level test, the GameFi narrative has fuelled skyrocketing growth in the TG Casino presale.
Top Axie Infinity Alternative? This GameFi Crypto Presale Just Accelerated Past $1.5M
As Telegram trading bots and GambleFi dominate September’s narratives, the TG.Casino ($TGC) presale is gaining significant attention – racing to $1,562,205 raised in just two weeks, here’s why it should be on your radar.
By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.
The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.
With a range of offerings, from thousands of live Telegram casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.
And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.
From a security standpoint, users can rest easy – all data and funds are encrypted, ensuring robust protection against potential threats.
While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.
Biggest GambleFi Presale TG Casino Presale: Hype and Beyond
The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 3,446%.
Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.
And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.
The $TGC token’s utility is another aspect to spotlight – beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.
Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.
How to Buy TG Casino Early?
Step 1 – Go over to their official website
The first thing you want to get correctly is going over to their official website.
Step 2 – Create a Crypto Wallet
You need to set up a crypto wallet, and it’s important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.
Step 3 – Purchase ETH or USDT
Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.
Step 4 – Connect Wallet to Presale Dashboard
Go to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.
Step 5 – Buy TG.Casino Token
Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.
Step 6 – Claim TG.Casino Token
Once TG.Casino’s presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the ‘Claim’ button on TG.Casino’s homepage. That’s all for how to buy TG.Casino.
TG Casino’s Unrivalled Tokenomics Could Trigger Biggest GambleFi Moonshot
To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it’s a front-row ticket to the future of Telegram GambleFi.
With tokenomics supply – fairly distributed across the presale, liquidity pools, staking rewards, and player rewards – and the additional bolster of TG Casino’s jaw-dropping 3,446% APY – this project is positioned to become a huge name in the GambleFi vertical.
Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!
Dive into the TG.Casino Presale Now.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.