A widely followed trader thinks one gaming project on Ethereum (ETH<\/a>) will be the Axie Infinity (AXS<\/a>) of this cycle.<\/p>\n In 2021, AXS was one of the best-performing coins, pulling off a 174,900% gain when the gaming altcoin rallied from around $0.10 to $175.<\/p>\n Now, pseudonymous trader Criptopaul tells his 107,600 followers on the social media platform X that Heroes of Mavia (MAVIA<\/a>), another play-to-earn game, may have similar potential as AXS, partially because of its backing by several large seasoned venture capital firms.<\/p>\n Says<\/a> the trader,<\/p>\n \u201cAdded MAVIA quite heavily here at $3.33. I talked about it on my Twitter before the launch and I still think it is the best Web3 game in the crypto space that is really bringing games and concepts from Web2 to Web3, one of the most adopted and mentioned games from users and on YouTube.<\/em><\/p>\n I believe it is going to be the AXS <\/span>of this cycle, with 15-20x potential ROI (return on investment). Basically backed by the top tier 1 funds\/venture capital in this space like Binance Labs, Hashkey, Delphi Digital, then Animoca Brands, Merit Circle, Genblock.\u201d<\/span><\/em><\/p>\n According to Criptopaul, from a shorter-term perspective, the $5 area may be the first resistance level for MAVIA to overcome.<\/p>\n \u201cFrom TA (technical analysis) perspective I believe we will see $5 rebound very fast so where you could cut some profits and hold the rest, this big dip that overwhelmed the market but created great opportunities like this.\u201d<\/em><\/p>\n Criptopaul also says<\/a> he\u2019s anticipating a sudden move in the Ethereum versus Bitcoin pair (ETH\/BTC<\/a>), which is often used as a bellwether for altcoin strength.<\/p>\n \u201cPeople will be caught by surprise by ETH\/BTC pump and altcoin with that<\/em> This will be the cause, this is also the cause of the simple rule \u2018buy when there is blood in the streets,\u2019 but so difficult for many to apply.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed trader thinks one gaming project on Ethereum (ETH) will be the Axie Infinity (AXS) of this cycle. In 2021, AXS was one of the best-performing coins, pulling off a 174,900% gain when the gaming altcoin rallied from around $0.10 to $175. Now, pseudonymous trader Criptopaul tells his 107,600 followers on the social […]<\/p>\n","protected":false},"author":2,"featured_media":99335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-287512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=287512"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287512\/revisions"}],"predecessor-version":[{"id":287514,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287512\/revisions\/287514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/99335"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=287512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=287512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=287512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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