The queen of the electronic currency market “seems to have bottomed out for now and continues to lead capital inflows, with $71 million last week, the highest since early December,” noted analyst Lark Davis’s team. For this reason, it is included in the weekly list of trending assets. These are the main ones:
one. Axie Infinity
Among the altcoins, Axie Infinity, the online video game based on collectible NFTs, is receiving special attention from analysts, which has announced a series of “economic changes” that will be launched with the 20th season of the Axie game, to make it less inflationary. Specifically, Smooth Love Potion (SLP) is Axie Infinity’s token, which has been on a downward trend since the summer of last year due to inflation. Axie’s recent announcement to reduce SLP supply has been well received, and the price has skyrocketed. Axie’s token AXS is up 40% this week on the news.
two. Gala Games
Sticking with “gaming,” Gala Games is a gaming ecosystem that has released its first collectible card game called Legends Reborn with a local pre-sale and developer AMA. They have also released some presales of the Town Star and Spider Tanks games.
3. ethereum
ethereum is gaining attention this week after GameStop partners with the L2 Immutable X solution for the NFT market. The price of the second coin by market capitalization has once again experienced significant increases.
Four. Shiba Inu
Shiba Inu (SHIB) gained 75% in two weeks, after a potential burn blew up the token. The world’s first crypto record label, Bigger Entertainment, announced a Valentine’s event to burn 1 billion SHIB.
5.polygonal
It is a layer two scaling solution for Ethereum that has announced a new integration with Drips for recurring payments and subscriptions, as well as $450 million in funding and the launch of Solace on the network. They also hosted their Web 3 event this past week.
6. BinanceCoin
It is the currency of the Binance platform and it is trending this week due to the African Cup of Nations soccer tournament that is taking place, in which they are the official sponsors.
Source: Ambito
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