Axie Infinity AXS/USD is a blockchain-based trading and battling game that a lot of players seem to be enjoying, as its token is rising in value. Enjin Coin ENJ/USD provides blockchain-based gaming products.
Chiliz CHZ/USD is a leading digital currency for sports and entertainment. All of them mark the future of collectibles and the value of in-game assets.
Should you buy Axie Infinity (AXS)?On July 27, Axie Infinity (AXS) had a value of $47.
To analyze and predict its value, we will look at its highs and lows historically.
AXS had its all-time high of $49.33 on July 27.
When we look at June’s performance, AXS sat around the $4 mark throughout the entire month.
However, when we analyze the following month, on July 7, it jumped to $16 for the first time, marking a new high in value. On July 13, we saw it leap again to $22, and it jumped to $28 on July 15.
Then on July 24, it jumped to $47 and has been rising steadily since.
According to data from IntoTheBlock, AXS saw $67.81 million in transactions greater than $100.000 in the last 7 days.
At this rate, the AXS token has the potential of getting to the $55 value mark by the end of July, and up to $60 by the end of August, making it a worthwhile purchase.
Should you buy Enjin Coin (ENJ)?On July 27, Enjin Coin (ENJ) had a value of $1.31.
To analyze and predict its value, we will look at the highs and lows throughout ENJ’s history.
ENJ had its all-time high on April 9 at $3.94. When we look at its performance in June, on June 4, ENJ was valued at $1.68. Then on June 22, it saw one of its lowest points at $0.79.
According to data from IntoTheBlock, ENJ saw $141.04 million in transactions greater than $100.00 in the last 7 days. It also saw $39.25 million in total exchange inflows in the last 7 days. ENJ even saw $39.49 million in total exchange outflows in the last 7 days.
This gives us a clear perspective as to how high and how low the coin has gotten in value. Based on this, we can expect its value to kick back up to the $1.50 range by the end of August.
Should you buy Chiliz (CHZ)?On July 27, Chiliz (CHZ) had a value of $0.25.
Let’s see how it historically performed.
CHZ saw its all-time high value on March 13 at $0.87.
Analyzing its performance in June, it saw one of its highest points at $0.33 on June 11 and one of its lowest at $0.15 on June 22.
According to data from IntoTheBlock, CHZ saw $140.52 million in transactions greater than $100,000 in the last 7 days. It also saw $38.11 million in total exchange inflows in the last 7 days. CHZ even saw $45.26 million in total exchange outflows in the last 7 days.
This means that it has potential for growth and we could see it climb back up to $0.35 by the end of August and that makes it a solid purchase.
The post Axie Infinity, Enjin Coin, and Chiliz signal a buy on today’s charts, let’s see why! appeared first on Invezz.
