Shiba Inu (SHIB) is still going strong despite the broader crypto market dip, while Axie Infinity (AXS) introduced its latest update. In addition, Kangamoon (KANG) to launch an innovative P2E game combining the gaming sector with memes.
Summary
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Shiba Inu projected to climb in value to $0.00001078 by the end of the year
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Axie Infinity to surge in value to $7.73 based on analyst projections
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Kangamoon expected to 20x in Q4, 2023 based on analytical data
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Shiba Inu (SHIB) Showcases Solid Liquidity and Can Grow in Value
The popular meme coin Shiba Inu (SHIB) saw a price decline during the past week. However, with a market capitalization of $4.38 billion, the Shiba Inu crypto has remained one of the top 20 cryptocurrencies by market cap.
Its recent daily trading volume stood at $54.26 million. This indicates that Shiba Inu has decent liquidity and investor interest. The monthly and 6-month losses are at 22.93 and 29.65%, which pronounce the cryptocurrency’s recent price dip. However, this can be attributed to the broader market downtrend of 2023.
Despite this, the Shiba Inu token traded between $0.00000701 and $0.00000759 in the past week. According to the Shiba Inu price prediction, it can reach $0.00001078 as its maximum value by the end of the year.
Axie Infinity (AXS) Releases Pre-Beta of the Homeland Update
Axie infinity (AXS) is one of the most popular GameFi projects that initially introduced solid Play-to-Earn (P2E) elements. However, recently, the Axie Infinity crypto showcased a decline in value.
Recently, the team announced the pre-beta release of their Homeland update. In this latest update, players gather, build, and craft in unique land-based experiences. Interest in The Axie Infinity crypto can increase, but can the value?
During the last 30 days, the Axie Infinity price is down 9.6%. The cryptocurrency traded between $4.09 and $5.02, making $5.50 its next significant price barrier. However, according to the Axie Infinity price prediction, the cryptocurrency can spike in value to a maximum of $7.73.
Kangamoon (KANG) to Become the Most Exciting P2E Project of 2023
Kangamoon is now pioneering a revolution in the meme coin sector. The project will integrate new P2E elements to help players monetize their time more efficiently.
In addition, within the Kangamoon ecosystem, players gain control over a boxing kangaroo . They battle it out across different boxing matches and tournaments. They can build characters, test their skills, and participate in unique competitors.
Moreover, each character can get upgraded with unique abilities and rare items. By winning or completing quests, players receive virtual currency or rare items.
Consequently, at the project’s core is the KANG crypto, which now only trades at $0.005. The project introduces a unique blend of blockchain and gaming and can become 2023’s most exciting meme coin, expected to 20x in Q4, 2023.
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