In the world of cryptocurrency, play-to-earn (P2E) gaming projects are nothing new. Rather, they present investors and consumers with countless opportunities to profit greatly.
Axie Infinity was essential in creating a route for P2E gaming. However, the downward trend that followed its 2021 top has sparked worries about profitability in the cryptocurrency market.
Consequently, we release this article analysing Axie Infinity’s price forecast and outlining Pikamoon’s strong position as one of the top two GameFi tokens for cryptocurrency investors.
Axie Infinity’s Best Bets: Pikamoon and AXS for High ROI,Axie Infinity’s Best Bets: Pikamoon and AXS for High ROI
Axie Infinity Price Forecast: Will AXS Maintain Its Leading Position?
The NFT and P2E gaming realms were opened up in the cryptocurrency field thanks in large part to Axie Infinity (AXS). And because of its success, AXS, its native token, is now well-known.
As one of the most popular GameFi tokens, AXS has remained at the top. However, analysts are deeply involved in predicting the price of Axie Infinity to determine how much profit investors can still earn before it’s too late and whether they should instead concentrate on other GameFi tokens like Pikamoon.
AXS’s 2023 performance thus far indicates a down-the-drain movement. It seems like AXS has wiped out all of the gains that investors had from the price spike in this cycle.
Similarly, the token has encountered opposition and has not been able to break through on several efforts.
AXS has failed to trade between $6.5 and $5.50 during the last three months. Between them, the token’s price dropped to a point where it was just above $4.1 and had difficulty rising back to $6.4. Although there is no sign that the price will reach $10 before the year ends, an optimistic bull run might drive it up to $8.0.
However, if it keeps digging down into the downturn, the token can end up on the $4.50 threshold. However, the token can settle for about $7.0 on average.
The project whitepaper states that as new upgrades are released in the future, the token value may rise. On the chart, there has been a lot of green throughout the past month, indicating a bullish rise. boasting a 49% monthly growth.
The Greatest GameFi Tokens for Crypto Investors: Pikamoon
Following a profitable run in 2021, the Axie Infinity price projection suggests potential returns for investors. Nobody who knows anything about the future can predict with certainty. But in 2023 and beyond, Pikamoon (PIKA) presents a fantastic chance to earn enormous rewards.
PIKA has a competitive advantage over other GameFi tokens thanks to its disruptive functionality.
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