Play-to-earn gaming tokens have taken over the crypto space as the best crypto to buy today. They have shown bullish price gains. Crypto Analyst @Learnernoearner earlier stated that Axie Infinity would rally if it held its support level. That seems to be the case with other gaming tokens like Immutable and <a href="https://captainaltcoin.com/meme-coins/" target="_blank" rel="noopener noreferrer nofollow">Meme</a> Moguls following suit.&nbsp;
<a href="https://pr.mememoguls.com/15vog1" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;Visit Meme Moguls&lt;&lt;</a>
<h2 class="wp-block-heading" id="axie-infinity-accumulation-ongoing-says-donofbots">Axie Infinity Accumulation Ongoing, Says @DonOfBots</h2>
On December 1st, a crypto trader on X, <a href="https://twitter.com/Learnernoearner/status/1730507602499338475?t=y-Q-NBqOQtkweRfQI_72Fw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">@Learnernoearner, tweeted</a> that Axie Infinity would see a huge bounce if it helped the support at $6.437. As of December 8th, the Axie Infinity price recorded a major rally, crossing the $7 mark. Data from CoinMarketCap, Axie infinity coin rose from a 7-day low of $6.43 to a local peak of $7.41.
According to crypto analyst <a href="https://twitter.com/DonOfBots/status/1732804633704223226?t=CjXP9_Bf6CKHe5TCnfMiRg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">@DonOfBots</a>, $AXS is witnessing huge accumulation. The AXS token would aim to rally above&nbsp;the $7.44 resistance level in the near future. If this resistance is broken, AXS will be able to rise beyond $7.80.&nbsp;
But if Axie Infinity is unable to overcome the $7.44 barrier, it could potentially retrace. The price of AXS will fall to $6.90 if it breaks below $7.44. Still, the Relative Strength Index (RSI), hovering&nbsp;at 70&nbsp;indicates that the Axie Infinity price may increase further.
<figure class="wp-block-image size-large">
 <a href="https://pr.mememoguls.com/15vog1" target="_blank" rel="noopener noreferrer nofollow"><img loading="lazy" width="1024" height="271" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-351-1024x271.png" alt=""></a>
</figure>
<a href="https://pr.mememoguls.com/15vog1" target="_blank" rel="noopener noreferrer nofollow"></a>
<h2 class="wp-block-heading" id="merit-circle-dao-partners-with-immutable-imx">Merit Circle DAO Partners With Immutable (IMX)</h2>
The Merit Circle DAO, a decentralized autonomous organization (DAO) focused on gaming and responsible for operating a blockchain network, has formed a partnership with Immutable for its Web3 platform.
As the largest known DAO globally, the Merit Circle DAO is taking steps to broaden and enhance its ecosystem. This <a href="https://www.prnewswire.com/news-releases/merit-circle-dao-chooses-immutable-to-unlock-beams-future-gaming-and-trading-experience-302008210.html#:~:text=SYDNEY%2C%20Dec.%206%2C%202023,native%20digital%20asset%20marketplace%20Sphere" target="_blank" rel="noopener noreferrer nofollow">collaboration</a> seeks to enhance the Beam open-source blockchain network using Immutable’s Web3 platform.
In other news, the Immutable coin has <a href="https://coinmarketcap.com/currencies/immutable-x/" target="_blank" rel="noopener noreferrer">pumped 11.6%</a> from a low value of $1.35 to $1.54 in the past week. Interestingly, Immutable token has a year-to-date gain of 244.3% as it recovered from its 2022 losses. Analysts have predicted more price growth in the future for the Immutable coin.
<h2 class="wp-block-heading" id="meme-moguls-mgls-emerges-as-top-contender-for-the-bull-market">Meme Moguls (MGLS) Emerges As Top Contender for the Bull Market&nbsp;</h2>
<a href="https://pr.mememoguls.com/15vog1" target="_blank" rel="noopener noreferrer nofollow">Meme Moguls (MGLS)</a> has garnered significant attention in the cryptocurrency community and has become a popular topic of discussion. Notably, Meme Moguls stands out as one of the few meme coins offering practical uses. Its role as a play-to-earn token positions it as a strong contender in the gaming token arena, akin to Axie Infinity.&nbsp;
This&nbsp;DeFi project will allow&nbsp;users to&nbsp;participate in free and paid trading competitions. This enables gamers to compete for monetary prizes as well as valuable meme collectibles such as Dogecoin. Meme Moguls features an in-game marketplace where players may buy, sell, and trade in-game items. This opens up a method for players to collect more MGLS tokens.
Meme Moguls has a wealth leaderboard, where&nbsp;the top 20 players will be&nbsp;rewarded with&nbsp;a percentage of daily revenue generated by the platform.&nbsp;The goal of the leaderboard is to encourage healthy competition and rivalry among participants.
Another intriguing aspect of Meme Moguls is “Mogul Land,” a virtual environment. Here, users can interact and mine tokens and stake tokens. This is a major reason people are moving to the Meme Moguls DeFi project. MGLS tokens are available at an affordable price of only $0.0021. Experts have foreseen a 1,000% price increase in the coming months.
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
Analysts have tipped play-to-earn tokens like Axie Infinity, Immutable, and Meme Moguls to see more gains in the coming weeks. Meme Moguls is the best crypto to buy among these three tokens, considering its low price and low market capitalization. This gives the token a high chance of more gains in the coming week.
<a href="https://pr.mememoguls.com/15vog1" target="_blank" rel="noopener noreferrer nofollow">Visit Meme Moguls</a>
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post <a href="https://captainaltcoin.com/bullish-crypto-analyst-learnernoearner-predicts-axie-infinity-surge-immutable-and-meme-moguls-soar/" rel="noopener noreferrer nofollow">Crypto Analyst Bullish On Axie Infinity; Immutable and Meme Moguls Price Skyrockets</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

Crypto Analyst Bullish On Axie Infinity; Immutable and Meme Moguls Price Skyrockets

Table of Contents

CaptainAltcoin

Other articles published on Dec 13, 2023

Join our free newsletter for daily crypto updates!