Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
AXS (Axie Infinity) surges 52% in 24 hours: GameFi rebound and whale activity drive rally

AXS (Axie Infinity) surges 52% in 24 hours: GameFi rebound and whale activity drive rally

Bitget PulseBitget Pulse2026/04/26 02:31
Show original
By:Bitget Pulse

Volatility Overview

In the past 24 hours, the price of AXS rebounded from a low of $1.177 to a high of $1.789, with the current quote at $1.441, resulting in a price fluctuation of up to 52.0%. Trading volume saw a significant increase, reaching $184 million within 24 hours, surging compared to usual levels.

Brief Analysis of Anomalies

• GameFi sector rebound: AXS followed the recovery of the sector, with a surge in activity, driving a 40% increase.

• Whale activities and trading volume surge: 24-hour trading volume exceeded $756 million, with obvious signs of whale accumulation.

• Ronin network expansion and game updates: Community mentioned the expansion of Ronin and gameplay optimization, coupled with short squeeze momentum.

Market View and Outlook

Market sentiment is extremely bullish, with the community viewing AXS as a leader for the 2026 gaming cycle. The 24-hour price increase ranges from 34% to 38.8%, and the technical aspect shows a breakthrough from the downtrend. Mainstream viewpoints forecast that if momentum continues, AXS could reach $6.50, but bearish market pressures persist, so caution is needed regarding pullbacks.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

A critical moment for capital has arrived? AI narrative shifts from technology to financing, major players face cash flow crises, and warning signs emerge in the bond market

Bridgewater warns of a "critical moment for capital." Morgan Stanley predicts that by 2028, approximately $1.75 trillion in AI construction funding will be raised from credit markets. However, risks have emerged: Oracle's CDS surged to 180 basis points, and free cash flow is nearing -$40 billion. The "new Bond King" Gundlach bluntly stated that issuing long-term bonds backed by GPUs is no different from "using bananas to create 30-year ABS."

华尔街见闻2026/08/17 01:56

The Super Copper Cycle Remains Elusive: BHP Faces Cooling Bullish Sentiment Ahead of Earnings, Analysts Abandon Bullish Outlook

Analysts' bullish sentiment towards BHP (BHP.US) has cooled ahead of the company's annual results announcement on Tuesday.

智通财经2026/08/17 01:36
The Super Copper Cycle Remains Elusive: BHP Faces Cooling Bullish Sentiment Ahead of Earnings, Analysts Abandon Bullish Outlook