Axie Infinity, YGG and Sandbox prices could rally with the upcoming Web3 Games Summit

FXstreet
FXstreet

17 Nov 2023 1:14 PM

The Yield Guild Games Web3 Summit will be held between November 18 and 25. ...

  • The Yield Guild Games Web3 Summit is scheduled for November 18 and is expected to bring together gaming enthusiasts and market participants holding gaming and Web3 tokens like Axie Infinity (AXS), Yield Guild Games (YGG), and Sandbox (SAND).
  • Large wallet addresses have been accumulating AXS, YGG, and SAND tokens ahead of the event, indicating anticipation for announcements or updates during the summit.
  • Whale wallet activity, particularly the top 20 addresses holding AXS, YGG, and SAND, has a significant influence on the prices of these tokens.
  • Whale wallets have been withdrawing significant amounts of AXS, YGG, and SAND tokens from exchanges, reducing selling pressure and supporting a bullish thesis for the tokens' holders.

The sentiment of the article is generally positive, as it highlights the anticipation and bullish outlook among gaming token holders ahead of the Yield Guild Games Web3 Summit.

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You May Ask

When is the Yield Guild Games Web3 Summit scheduled to take place?Which gaming tokens are expected to be discussed during the summit?What influence do whale wallets have on the prices of AXS, YGG, and SAND tokens?How have whale wallets been accumulating tokens ahead of the event?Will the whale wallets engage in profit-taking during or after the summit, or continue accumulating in response to announcements and updates?

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