Dogeliens (DOGET), The Sandbox (SAND), and Axie Infinity (AXS): 3 Gaming Coins of 2022 That Will Protect You from The Crypto Winter
Unexpected price movements in global markets continue to put pressure on cryptocurrency prices. Users sharing their analysis and opinions on crypto platforms agree that this is a great opportunity. Dogeliens news…
Coins that have been in an upward trend for a long time and lost value with this contraction, have the potential to reach their old value again in the short term. This is considered an opportunity to buy the dip by everyone, including big investors. By expanding their portfolios in this period, investors have entered into profit expectations in the short and medium term.
Dogeliens (DOGET): The Fire That Will Burn Away the Crypto Winter with its Profits
It can be seen that this period has caused a change in investor trends on major cryptocurrency platforms, including CoinMarketCap. In particular, it is stated that investors are focusing on newer projects, showing interest in large ecosystems such as Dogeliens (DOGET).
Although the Dogeliens (DOGET) ecosystem is designed as a meme coin, it has many improvements in terms of usability. The ecosystem offers a staking program to provide long-term profitability and passive income. Investors can have a say in decentralized management.
The Dogeliens (DOGET) project also creates a collection on NFT. Users can mint the NFTs of the ecosystem at any time. The project is supported by play-to-earn mechanics. It is planned that users will be able to earn income with the games that will take place in the ecosystem. Dogeliens (DOGET) attracts investor attention by offering a broader ecosystem than a meme coin.
The Sandbox (SAND): Still Full of Opportunities
One of the most impactful events in the fall of the stock markets, which also caused the loss of value of The Sandbox (SAND) project, is the Terra Blockchain problem. The Terra (LUNA) event created an environment for the loss of value in The Sandbox project, just like other cryptocurrencies. The Sandbox (SAND) project, which has lost 89% from its peak, is currently trading at $0.9. But this gives an opportunity to buy the dip.
Axie Infinity (AXS): Is a Different Financial Investment Window
Axie Infinity (AXS) reached the highest level in its history by reaching the price band of 170 dollars and gaining 1700 times its value. It is among the most profitable cryptocurrencies of 2022. The local cryptocurrency of the project, which has a business model that provides income by supporting the ecosystem within the platform, is the AXS token. This altcoin is one of the most exciting cryptocurrencies in 2022 and has a large investor base.
Cryptocurrency markets, which follow almost the same price movements in the US stock markets, have also begun to be affected by the global economy’s problems. The fact that the inflation data announced by the USA is higher than expected every month causes the FED to stand firm on the interest rate hike. Especially in periods of high inflation, it can be said that the escape from risky assets accelerates, and liquidity flows to interest. The fact that the total capital in cryptocurrencies has fallen below $ 1 billion is also data that reveals this situation. This also affects Axie Infinity (AXS) significantly but brings various buying windows.
The crypto winter has caused a lot of investors to lose money, but that doesn’t mean you should avoid all cryptocurrencies. In fact, there are three coins that we believe will still be around in 2022 and offer great potential for growth: Dogeliens (DOGET), The Sandbox (SAND), and Axie Infinity (AXS).