The crypto winter has been tough for many cryptocurrencies, and Axie Infinity (AXS) has not been spared. The price of the Axie Infinity token is down 90% from a year high of $97.7. However, it only recently startedAnd the Axie Infinity Token The Axis Infinity Shard (AXS) is recording an uptick in network activity, which has been associated with ecosystem developments and upgrades on the Axie Network.

Ecosystem developments have been mostly on the game’s user interface and gameplay, with AXS’ coin stats indicating positive market sentiment as users anticipate new upgrades and ride on the hype of recent developments. Additionally, as the market recovers from its downward run for the year, it will likely push prices higher as we cross into 2023.

On December 4, AXS stock is down nearly 93% year-to-date, trading at $6.70. The situation changed for the gaming token over the next few days, prompting AXS to trade at $9.50 by December 6, up 41% in just two days. On December 5, Axie Infinity Shard (AXS) trading volume increased by 1,061% to $10.5 million.

.@tweet Transaction volume increased by 1,061% to $10.5 million on December 5, 2022 with the unveiling of the “Axie Core”.

Axie Core offers NFT accessories and partial upgrades that allow players to customize the appearance of their axes. pic.twitter.com/AoiNt8ihBg

Delphi_Digital December 9, 2022

This followed the revelation that the gaming project is working on an “Axie Core”. AXS coin stats indicate positive market sentiment from the recent developments of the ecosystem and anticipation of new upgrades.

Although AXS has given back some of its gains and is currently trading at $8.28, it is still up about 23% over the past seven days and up 24% over the last 14 days, according to Data on CoinGecko.

Axie Infinity (AXS) quotes for users anticipating new upgrades

Acce Infinity is an online game based on a non-fungible token (NFT) developed by Sky Mavis, and soon after, led the play-for-profit (P2E) blockchain game wave in 2021 along with games like crypto kitties. The original code for the game is AXS.

After the success of this project, more games have appeared since then, resulting in a relatively low market share for Axie Infinity. However, Axie Infinity envisions a future where players can own and share 95% of their spending and accessories.

Axi Core

Axie core is an aspect of the game Axie Infinity designed to offer experiences where players can upgrade the collectability and personality of their Axies.

1/ Dear Axie Community,

We wrote an article outlining the vision of an important part of our ecosystem: the Axie Core.

Axie Core is eternal and not tied to one particular game; It is Axie’s universal and aesthetic experience.

📜 | https://t.co/NJIlqSrqz6 pic.twitter.com/olZNsvuzLh

– Axi Infinity | #My _ Lord _ my _ love December 5, 2022

Among the aspects of the Axie core are accessories, upgradeable parts, an immersive breeding interface, a downloadable avatar, and Axie breeding to include petting and feeding. Axie Core also offers partial upgrades. For example, obscure parts will have unique art for their tracks upgraded to set them apart even more.

It should be noted that all related aspects, including accessories and parts, can be traded as non-fungible tokens (NFTs), with other players bringing a new level of stimulating the in-game economy while reducing reliance on power-ups.

Axie Core will start releasing several upgrades by the end of 2022. In light of this announcement, the price of AXS has increased by 20% since the beginning of December.

Axie Core will start rolling out various upgrades by the end of the year.

Following the announcement, the price of $AXS up 20% since the beginning of the month.

Read more in our free daily newsletter ⬇️https://t.co/YDQJKQ0S3w

Delphi_Digital December 10, 2022

Axie Infinity Season Two

Season 2 of Axie Infinity is also upon us, with promises of several upgrades to improve the user experience. In anticipation, Axie’s Twitter feed has been busy with discussions about what new changes to expect in the season.

Take a look at the cool new animations in crafting in @tweet 🔥👀 pic.twitter.com/WpZv092KS6

– QU3ST (@QU3ST_io) November 23, 2022

according to TweetsThe second season entails four phases. #1 for core mechanics, #2 game updates, #3 community testing, and finally #4 launch. The developers will also introduce new mechanics throughout the season, including tweaks to the project’s core mechanics. Other than these changes, players are also looking forward to several updates to selected 5 cards, runes, and magic to implement.

However, the latest ecosystem update is to merge From Ronin’s portfolio in Collab land, a “token walk” invention consisting of an automated bot that can check NFT holdings and tokens. The bot allows community members to choose roles with permissions granted based on their Discord ownership. The bot also allows graded access to different levels, and serves as an excellent tool for preparing new players.

Verification of ownership of assets on the Ronin Wallet is enabled by the bot’s integration with the Ronin Network, which also adds a new layer of security, community, and exclusive experiences.

In a December 5 blog about the platform’s governance section, Axie announced that approximately 700 AXS community members will join an inaugural pilot program to “experience shaping community governance.”

The announcement came at a time when the crypto, Metaverse, and NFT spaces are seeing an influx. Since then, NFT industry data aggregator, Cryptoslamp, said NFT sales volumes increased by nearly 10 percent on December 5. On the same day, the co-founder of Axie also took to Twitter to explain the sudden price hike.

What’s going on with $AXS?

I’m not sure but:

• Axie is the #1 Web3 game by traction (Dappradar)
• Largest Discord/Twitter in Web3 Games: 650K / 910K
Governance progress: https://t.co/z8H2C64mLk
• Origins S2, Land Alpha, and more

We are relentless and inevitable. pic.twitter.com/6gDYoitOZX

– Jiho.eth | #aquarig (@jihoz_axie) December 5, 2022

All of these factors are contributing to the current rally in AXS, but the bulls seem to be taking a break

AXS/USD daily chart

At press time, AXS is trading at $8.16 with strong bearish momentum forming a descending channel pattern. He has his sights set on the support area around the $7.9 level as the selling pressure continues to build. If AXS price breaks this support, look at AXS price for a retest of the next support at $6.9. On the other hand, if the bulls are reinvigorated and regain control, they will have to break the resistance at $8.7

Technical indicators are also very promising, with the Relative Strength Index (RSI) of 50 indicating an increasing increase in buying momentum. If the bulls can maintain this trajectory, it could push AXS prices higher.

Moreover, the AXS is also about to cross a bullish moving average (MA), which gives a strong buy signal. This means that there will still be buying opportunities to be taken along the way. Thus, buyers can still enjoy an absolute advantage.

Therefore, the bearish rally may continue and only pull back in the supply area at $7.9. Therefore, traders can take profits by selling at this level. However, closing the candle below the demand area at this level will break the flag pattern and invalidate the above expectations.

IMPT eco-friendly cryptocurrency presale ends in 1 hour!

The Impact Project (IMPT.io), the parent of the IMPT token, is closing its final pre-sale in one hour.

Pisces buy $1M+ in IMPT pre-sale with 24 hours left

YOU NEED TO KNOW: Industry Talk section provides insights across the cryptocurrency industry… https://t.co/1pbekAEpRC # Blockchain # encrypt #cryptocurrency # kryptonius.com # Affirmation # kryptonius # lolacoin pic.twitter.com/lPYZamL0Fi

– Lola Coin (LolaCoinOrg) December 11, 2022

Project Impact has raised over $17.3 million in pre-sale of IMPT tokens in three weeks.

IMPT It is native token for the Ethereum-based platform and was intentionally created to overcome the growing controversies surrounding cryptocurrencies such as Bitcoin and Ethereum, among others, which have been criticized for the amount of carbon emitted.

With global organizations such as the United Nations raising calls to reduce carbon emissions and curb global warming, many crypto projects have come up with an environmentally friendly and efficient solution to crypto energy consumption through cryptocurrency mining. IMPT is the best of them all, leveraging blockchain technology to tokenize carbon credits and save the environment.

The Ethereum-based platform will achieve this by acting as an intermediary between select green projects and users, individuals and institutions alike. Users can generate change by obtaining carbon credits in the form of NFTs, which will run on the blockchain network to prevent double spending and ensure transparency.

Users can also decide to copy the NFT by sending it to an empty address or exchange it for unique NFTs from artists. They can also accumulate IMPT tokens which they will use to purchase carbon credits, which will go a long way in reducing carbon.

About 10,000 brands and retail stores have agreed to partner with Project Impact and allow the platform to sell their products. With IMPT closing the pre-sale in just over an hour, now is the time to cash in your winnings so you can take advantage of 10x profit. Tokens can be claimed starting December 12th.

It should be noted that IMPT will have its IEO on December 14th, with decentralized exchange Uniswap being the first to list it, after which centralized exchanges LBank and Changelly Pro will list IMPT. IMPT token has a positive outlook, and the token will continue its astronomical upward trend into next year. Don’t miss out for any reason.

Read more about IMPT:

• The early stage pre-sale is now live
• Professional Doxxed Team
• Use cases in industry – carbon footprint offset