As Bitcoin is struggling to surge above the level of $34K, Axie Infinity and Waves are making gains in the market. The price of BTC has not changed significantly as witnessed on the 24-hour chart and is down 0.56% and is currently being traded at around $33,200 at the time of writing this article.
Axie Infinity and Waves Gains Even Though Bitcoin Struggles
The crypto market has been flat on the chart on July 2 with the target of the fourth of July in the United States. The current market valuation of the total crypto market stands at $1.378 trillion following the decline of $5 billion.
Well, the major thing to notice is the surge in the developments in Axie Infinity and Waves despite the fall in the crypto market.
The surge is due to the recent developments in non-fungible tokens.
Discussing the Axie Infinity, it is a trading and battling game based on blockchain, and it allows the players to collect, breed, surge, fight, and trade Axis, which are the tokens that are based on the trade token.
The VORTECS™ Score showed that AXS first registered on a positive note on June 26 as the price of AXS started to slowly grow higher and finally acquired the point of 83 on June 29 as its price started to surge another 45% over the next 3 years.
In addition to this, Waves has also been identified by the leading market aggregators as a promising performer after its VORTECS™ Score turned to a bull run in the month of June.
BTC Struggles to Surge
The weakness that we are witnessing in the price of altcoins because of the struggle in the price of Bitcoin at the level of $33,400 as several traders appear to have gotten an early beginning to their weekend.
Analysing the data from the leading market aggregators like TradingView show that the price of BTC has been trading between the range of $32,650 and $34,000.