Axie Infinity gains 16% amid increased whale transactions
Axie Infinity (AXS) is the biggest gainer among the largest 100 crypto assets, surging by 16% in the past 24 hours amid increased whale transactions and development activity. The asset’s recent uptrend began on Oct. 20 following a collapse to an 11-month low of $4.05 on Oct. 19. Axie Infinity began registering impressive gains following the massive drop, recording a historical nine winning sessions out of ten days since Oct. 20. AXS price, social volume and whale activity – Oct. 30 | Source: Santiment Notably, the upswing gained momentum on Oct. 28 amid the sustained bullish sentiments surrounding the broader crypto market. While Bitcoin (BTC) and other assets have witnessed a drop in bullish momentum, AXS has retained its run, surging to a 2-month high of $6 on Oct. 30. Despite the resistance the asset faced at the $6 territory, it has maintained a value above the $5 psychological price threshold. This resilience demonstrated by AXS has sealed its spot as the lar...