With the renewed popularity of GameFi projects, cryptocurrencies like Axie Infinity (AXS) and Illuvium (ILV) have witnessed significant gains in the past few days, and another digital asset from this branch could soon join the crowd and therefore provide a great opportunity for investing.
Specifically, pseudonymous crypto market analyst Crypto Tony has observed that BRN Metaverse (BRN), a token and game project designed for the metaverse, GameFi, and Web3 areas, is getting ready to become “a hot run next,” as he said in an X post published on February 27.
BRN price action analysis. Source: Crypto Tony
Indeed, this crypto asset is showing some optimistic signs for its future price, including its 100-day and 200-day exponential moving averages (EMAs), as well as simple moving averages (SMAs) pointing at a ‘buy’ sentiment, alongside a positive 10-day momentum.
On top of that, the company has recently introduced its BrainApp, a “cutting-edge platform designed to revo
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