Axie Infinity Price Corrects, Theta Trades Sideways, But Pomerdoge Remains Bullish

Axie Infinity Price Corrects, Theta Trades Sideways, But Pomerdoge Remains Bullish

After the Grayscale win forced a market-wide rally, many cryptocurrencies have cooled off leading to a mixed sentiment in the market. In recent developments, while Axie Infinity (AXS) faces a price correction and Theta (THETA) maintains a sideways trend, Pomerdoge (POMD) continues its bullish momentum.
Click Here To Find Out More About The Pomerdoge (POMD) Presale
Axie Infinity (AXS) Sees Price Correction
Following the crypto market’s resurgence on August 29th, the price of the Axie Infinity token experienced a substantial 4% rebound. This positive movement coincided with Grayscale’s recent victory in its legal battle against the US SEC.
Nonetheless, bearish forces have returned to the Axie Infinity market. This pressure has led to a downward swing that breached the crucial support level of $5. According to CoinMarketCap, the Axie Infinity price is valued at $4.85, a 2.36% price decline in the last 24 hours.
Meanwhile, whales are currently trying to spark a price surge above the $5

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