MemeFi: Bridging Gaming, Blockchain, and Growth PotentialMemeFi has rapidly established itself as a pioneering force in the Telegram mini-app space, seamlessly blending the fun of mobile gaming with the power of blockchain technology. With over 55 million users and 10 million on-chain wallets, the platform has transformed from a simple tap-to-earn game into a thriving ecosystem that merges entertainment with decentralized finance (DeFi).
Fundamental Strengths of MemeFi
At its core, MemeFi offers an engaging meme fantasy universe integrated into the Sui network. This strategic integration provides users with an accessible entry point into Web3, making it a standout project in the crypto-gaming space. The recent launch of the MemeFi Ads platform has added a revenue stream, boosting the platform's long-term sustainability and appeal to both users and advertisers.
Market Performance and Potential
Currently trading at approximately $0.01283, MemeFi ($MEMEFI) shows impressive resilience and market interest. Key metrics include:
- Market Cap: $125.7 million
- 24-hour Trading Volume: $569.8 million, reflecting a 14.3% increase
- All-Time High (ATH): $0.01376 (Nov 27, 2024)
- All-Time Low: $0.005246 (Nov 24, 2024)
This rapid rebound, with prices up 101.83% in the past 7 days, signals strong buying momentum and increasing investor confidence.
Technical Analysis
From a technical perspective, $MEMEFI is showing strong signs of bullish momentum. The token recently formed a bullish symmetrical triangle pattern, with a breakout point at the $0.014 pivot level. This zone represents the upper ceiling of the triangle, suggesting a potential surge toward its recent ATH of $0.01411.
Key Indicators:
Currently the RSI is at 60, indicating $MEMEFI still has room for upward movement without entering the overbought zone. Support Levels at $0.0108 provides a buy zone, with strong bullish sentiment above this level.
A confirmed breakout above $0.014 could pave the way for higher gains, potentially revisiting or surpassing its ATH.
Broader Market Influence
The overall bullish sentiment in the crypto market, particularly with Bitcoin ( CRYPTOCAP:BTC ) hovering between $90K and GETTEX:97K , further supports $MEMEFI's potential growth. If Bitcoin maintains its upward trajectory, MemeFi's performance could ride this wave, benefiting from increased capital flow into altcoins and meme tokens.
Conclusion
MemeFi's strong fundamentals, innovative approach, and promising technical setup position it as a compelling investment opportunity. With its expanding ecosystem and bullish market trends, $MEMEFI is not just a game—it’s a significant player in the evolving world of Web3 gaming and decentralized finance.
Playtoearn
#AXSUSDT #1D (Bybit) Big falling wedge breakoutAxie Infinity regained 50MA support after a long downtrend, looks ready for mid-term recovery towards 200MA resistance.
⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
5.202
Entry Targets:
1) 4.854
Take-Profit Targets:
1) 6.947
Stop Targets:
1) 3.805
Published By: @Zblaba
NYSE:AXS BYBIT:AXSUSDT.P #Axie #NFT #P2E axieinfinity.com
Risk/Reward= 1:2.0
Expected Profit= +86.2%
Possible Loss= -43.2%
Estimated Gaintime= 1-2 months
Decentraland / MANA Decentraland price today is $0.58 with a 24hour trading volume of half a billion dollar. MANA price is up 96% in the last two weeks
Decentraland is a decentralized, traversable, three-dimensional, virtual reality platform being built on the Ethereum blockchain. The platform focuses on the ownership of parcels of digital land where users can create unique environments in a virtual world. Content creators will be able to prove ownership of, and capture value from, their contributions to the platform. Users will be able to traverse unique areas of content, which can be clustered into districts, giving content creators targeted traffic and allow for spatial discovery of new content by users. Currently, users gather, interact, share content, and play games primarily on large proprietary platforms like Facebook. The team believes that a decentralized model will allow participants to realize several benefits over current centralized services. Users and contributors will be able to benefit from transactions that occur on the platform, instead of allowing some or all of the revenue to flow to a single party. Furthermore, a decentralized platform will reduce the risk of censorship and vulnerabilities due to infrastructure failures or security breaches. Decentraland uses two tokens, LAND and MANA, which allow users to interact with the platform. Individual ownership of land parcels are represented by non-fungible LAND tokens containing the coordinates of a single point on the grid and a reference to the details of each parcel. Ownership details are managed through a ledger on a smart contract. To acquire LAND users must burn ERC20 based MANA tokens. MANA tokens are also used for the purchase of in-game goods and services.
Mana first big resistance is 0.9$ and 0.4-0.5 is a good dip zone. monthly MACD and RSI giving positive and buy signal too
A glance into Metasoccer $MSUMetasoccer's market cap is a little over $400K, in other words, very few participants are in this market right now.
Meanwhile, fantasy sports is a $24B+ market, with football (aka soccer) being the world's most popular sport, and fantasy football (soccer) a craze in many parts of the world.
The argument to get in on $MSU is a rather easy and clear one. Buying into a microcap like this, you're basically trading awareness: buying something known to be big, but of which a lot of people are still unaware of.
Here's a thought experiment for you: Taylor Swift is probably the most popular singer in the entire world. Imagine you and a few other people knew one secret no one else knew: she's coming to your country and there are only 100 tickets for the show, each at $1. Wouldn't you want to buy a bunch of tickets to sell later (if that's legal in our country ;D ), even if you're not a Taylor Swift fan or even if no one else is talking about the show (obviously, as it is a secret)?
Of course! Because you'd be profiting off information asymmetry - something you know others don't know - yet ;)
It's thus very reasonable to expect a somewhat analogous situation with $MSU: we know football/soccer fantasy is huge and that Metasoccer is a rather good game but mostly unknown ($400K market cap, remeber?).
It's a bet with a huge upside potential, one I've been in since the beginning.
Follow me for more insights.
$SAND vs $MANANYSE:SAND vs EURONEXT:MANA
Boy was I wrong on #Sandbox. But that's why you cover trades at support, good move, as it ended up going much lower.
Both have been crushed during the bear market but @decentraland has outperformed @TheSandboxGame.
Compare the highs of NYSE:SAND vs EURONEXT:MANA & they're at a similar in price now!
Diluted mkt cap is better on NYSE:SAND 70% vs what it was before, last unlock was brutal, but not as good as EURONEXT:MANA 82%.
Still like both projects, final comparison:
MANA put in LOWER 2021 LOW
SAND HELD 2021 LOW
#P2E #P2EGame #crypto
GALA's DCA Zone (Gems Edition)Gala is a decentralized gaming ecosystem that runs on the blockchain. The Gala token, the native virtual currency of the Gala network, is used to power all transactions within the ecosystem. Gala has a wide range of games designed to appeal to all types of gamers. The games on the Gala platform are provably fair and transparent, and all transaction data is stored on the blockchain. The gala token is also used to power the Gala marketplace, which allows gamers to buy and sell in-game items. Being an ERC-20 token, Gala can be stored in any ERC-20 compatible wallet. The Gala network allows users to buy, sell, or trade assets using the Gala token. Gala offers its users unique digital assets — NFTs.
Do you also think GALA is a gem?!
$ILV/BTC 8h (#Binance) Falling wedge breakout and retestIlluvium is pulling back to 100EMA support after a clear bullish move, more up-trend against Bitcoin sounds legit.
⚡️⚡️ #ILV/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 7.3%
Current Price:
0.003430
Entry Targets:
1) 0.003316
Take-Profit Targets:
1) 0.003992
Stop Targets:
1) 0.002864
Published By: @Zblaba
$ILV #ILVBTC #Illuvium #P2E #NFT
Risk/Reward= 1:1.5
Expected Profit= +20.4%
Possible Loss= -13.6%
Estimated Gaintime= 3 weeks
Intersection of Trading and Gaming: The Rise of Play-to-EarnHello traders (and gamers),
Trading is an industry that has been through significant change over the last few years as a result of the emergence of new technology and techniques that have shaken up the market.
The convergence of trading and gaming, which has resulted in the proliferation of play-to-earn platforms, is one of the most fascinating movements now taking place.
Play-to-earn platforms are online gaming environments that enable users to earn real money by participating in a variety of in-game activities.
Play-to-earn platforms may be found on the internet.
These pursuits may include anything from the purchase and sale of virtual products to the completion of in-game chores and challenges.
Play-to-earn platforms, in their most basic form, combine the thrill of gaming with the opportunity for cash gains associated with trading.
The development of blockchain technology has been a major driving force behind the proliferation of play-to earn platforms.
This is because blockchain makes it possible to generate virtual assets that players can own and exchange with one another.
Game creators may establish decentralized platforms where players can buy, sell, and trade virtual assets in a safe and transparent manner by utilizing blockchain technology.
These platforms can allow players to purchase, sell, and trade virtual goods.
Axie Infinity, a blockchain-based game that enables users to gather, breed, and combat creatures called Axies, is one of the most well-known play-to-earn platforms.
Players may earn cryptocurrency by participating in the game.
Axies are one-of-a-kind digital assets that may be purchased, resold, or exchanged on a variety of different online markets.
By accomplishing a variety of in-game objectives, players have the opportunity to accumulate in-game tokens, which may later be traded in for "real money."
Players from all over the globe are coming to Axie Infinity in order to make money and have fun while playing the game.
Axie Infinity has become a worldwide phenomenon.
The popularity of the game has resulted in the proliferation of a new crop of play-to-earn websites, the majority of which are also based on blockchain technology.
Play-to-win platforms have opened up fascinating new doors of opportunity for traders as well as gamers, but users should be aware that these platforms are not risk-free.
Participants have a responsibility to exercise caution in order to avoid falling victim to cons and other fraudulent schemes, as well as the volatile nature of virtual assets.
Play-to-earn platforms, on the other hand, provide a one-of-a-kind opportunity for users who are prepared to do the necessary research and accept some degree of uncertainty in order to make money while still having fun.
To summarise, the merging of the worlds of business and entertainment has opened up a whole new swath of potential revenue streams for those who are game to investigate them.
Play-to-earn platforms are an exciting new trend that have the potential to alter the way that we think about gaming as well as trading.
Play-to-earn platforms combine the elements of gambling and trading.
Those who are willing to put themselves out there and attempt new things will have a bright future thanks to the ongoing development of blockchain technology, which will likely result in the emergence of even more ground-breaking applications, services, and experiences.
The more hyped a game is, the more people talk about it and want to trade the underlying crypto coin.
Crypto trading is inherently social
That's why I monitor the different trends using Google Trend and other screeners to figure out which games people are actively playing.
This is part of my fundamental analysis when looking for crypto gaming coins to trade
I'm mindful that Bitcoin is the tide that lifts all the boats - meaning if Bitcoin doesn't pump first, the altcoins - including the gaming coins - won't move much
Thank you for reading
AOG still in buy channel Even daily buy channel got broken a little seems it's just fake signal and uptrend will continue. Price approaching 50MA and Golden cross. Slowly but steady growing. Game release arround the corner (planned for the end of Q1 2023), supporting bullish sentiment (FED just slowed down interest rates increase). 120M out of 270M total supply released in last year! The rest of the tokens is for game rewards, further game development, marketing and team tokens (team owns 1% of total supppy). Tje scarcity of tokens is growing. Worth mentioning team tokens are locked untill 1B marketcap which is very challenging to achieve. Even then team is not supposed to sell. Happy trading.
$TLM - 4X Potential - Low Cap P2E Alien Worlds is a simulated economy where players compete using NFTs. In the metaverse, economic competition and collaboration are encouraged and promoted between players – which would be done by incentivizing players to compete for the scarce resource, Trilium (TLM).
TLM is required to control competing Decentralized Autonomous Organisations (known as ‘Planet DAOs’) and gain access to further gameplay. Thus, thriving on both incentive and competitive mechanisms, Planet DAOs and players compete for TLM – leading to intense competition and collaboration between stakeholders.
Competitors : $MANA $SAND $AXS
Technicals:
Close above 200D MA &
Flip S/R around 0.025 then it's getting
SENT.
Support Levels - 0.02010 , 0.01665
Next Resistance - 0.028 , 0.041, 0.067
$AXS/USDT 12h (#Bybit) Ascending triangle breakout and retestAxie Infinity Shard is pulling back to 50MA support, a bounce leading to another bullish move towards 200MA resistance seems likely.
⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.3X)
Amount: 7.0%
Current Price:
7.665
Entry Targets:
1) 7.310
Take-Profit Targets:
1) 9.725
Stop Targets:
1) 5.695
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +42.95%
Possible Loss= -28.72%
NAKAMOTO GAMES risk reward looking goodNAKAMOTO GAMES - the chart tell me a lot of upside here. 64 X to all time high. NAKAMOTO GAMES going up up up sense December and the botton could be in. NAKAMOTO is a gaming project with a lot of twitter followers (that could spread the message "buy buy" in a bull run)... we will probably hear a lot about NAKAMOTO next bull run. I think it could be a good time to buy next pull back and hold long term. This is not a financial advice. Gaming project could be very risky, do your own research. Be aware of the Small Market Cap, 8.1 million dollar....it can move fast.
$SFUND great project, horrible investmentHave TINY positions: $CEEK & $SFUND = "trackers"
Why? Because we REALLY LIKE these projects
Sold these some time ago & have traded a few times
#CeekVR
NO signs daily
WEEKLY OVERSOLD & may get some pump here
#SFUND
NO signs daily
Oversold recently daily & weekly still
LIKE project but $ better elsewhere
Fully diluted NOT very good sub 50%
$PLA short term move TESTING resistance$PLA beginning to move again
Look @ volume (use minute chart)
Pumps hit levels & then met with sells
Look @ yellow line
Need more BUYS & close above it
Also has GREEN Mov avg ahead
#P2E #metaverse #NFT #crypto
$ILV/USDT 12h (#Bybit) Falling broadening wedge breakout retestIlluvium finally ended the long down-trend and is pulling back to 100EMA regained support, time for a swing.
⚡️⚡️ #ILV/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 7.2%
Current Price:
68.2
Entry Zone:
66.1 - 58.7
Take-Profit Targets:
1) 83.1
2) 98.7
3) 114.3
Stop Targets:
1) 45.1
Published By: @TradingOn
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +33.16% | +58.14% | +83.13%
Possible Loss= -27.71%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #ILVUSDT #P2E #Metaverse #NFT #Gaming #DAO #DeFi
Website: www.illuvium.io
AXS/USDTA low number of players means a low demand for AXS
As a quick refresher, AXS serves as a payment token within the Axie Infinity game ecosystem, allowing players to purchase non-fungible tokens (NFTs), in this case the digital pets we all know as "Axies."
It also acts as a utility token that players can spend to breed new Axies.
New users entering the Axie Infinity ecosystem need 3 Axies to take on other Axies. When they win, the platform rewards them with another native token, called Smooth Love Potion (SLP) while winning bigger tournaments earns them AXS.
Consequently, old Axie Infinity players rely on new ones to keep up the demand for Axies.
Otherwise, they could risk former players selling their SLP and AXS earnings on the markets (e.g. cryptocurrency exchanges), thus adding downward pressure to their prices.
But when native Axie Infinity token prices go down, it also makes the game less attractive to new players, who would still need to buy 3 Axies in order to earn SLP and AXS, only now they would be worth less.
The Axie Infinity ecosystem has gone through stages, as mentioned above, in 2022, with its player count falling to 8,950 in June from 63,240 in January, a drop of almost 85%, according to data provided by Dapp Radar. Interestingly, this coincides with the 80% drop in the price of AXS in the same period.
Inflation rising
New inflation data has further curbed bullish bets on major cryptocurrencies, which, one way or another, fuels the bearish outlook for AXS.
In particular, the US consumer price index (CPI) rose at an annual rate of 8.6% in May, compared to 8.3% in the previous month, accentuating investor fears that the Federal Reserve will be forced to raise interest rates aggressively in the coming months, which would push risky assets down across the board.
$SAND/USDT 2h (#BinanceFutures) Ascending triangle on supportThe Sandbox is pulling back to descending TL / 200MA which is about to golden cross with 50MA!
Current Price= 1.3503
Buy Entry = 1.3472 - 1.2470
Take Profit= 1.6099 | 1.8454 | 2.1595
Stop Loss= 1.0354
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.3
Expected Profit= +24.12% | +42.27% | +66.49%
Possible Loss= -20.18%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #SAND #SANDUSDT #NFT #Metaverse #P2E #Gaming #Creation #Launchpad #DeFi #SolEco
Website: www.sandbox.game
Contracts:
#ERC20 0x3845badAde8e6dFF049820680d1F14bD3903a5d0
#SPL 49c7WuCZkQgc3M4qH8WuEUNXfgwupZf1xqWkDQ7gjRGt