Axie Infinity (AXS) and OKB (OKB) are both showcasing bearish performance on the charts, and as a result, many are looking for diversification opportunities. While there is potential for both of these altcoins to experience an upswing during the upcoming months, the Meme Moguls (MGLS) presale has seen exponential growth, which can push it far above in terms of ROI potential. To see just how far each crypto can climb, we will go over their on-chart performance. 

Axie Infinity (AXS) Faces Major Rejection – Can It Recover?

Axie Infinity (AXS) has seen a major decrease in the past week of 14%, worrying traders with its overall momentum. While the crypto did briefly touch $8.39 on the weekly chart, it has since retraced back to $6.86; as a direct result of this, many are now worried about the future outlook for the Axie Infinity price. 

Despite being one of the more well-established altcoins, AXS has demonstrated a downtrend in previous months, and buyers are not enthusiastic anymore to overcome obstacles and reach new heights. The Axie Infinity crypto price action also suggests that it has not managed to break multiple highs and has demonstrated weakness in the light of bears. Yet, the crypto does have the potential to recover, as its long-term outlook is optimistic. According to the Axie Infinity price prediction, it can end 2024 at a value of $13.24.

Okb (OKB) Decreases Over 16% on the Weekly Charts – Price to Recover to Above $90 by the End of Q4

OKB (OKB) was also affected by the broader market correction phase, where the cryptocurrency experienced a total price decline of 16.4% in the weekly trading session. While initially, the OKB price spiked from $45.76 to $55.45, it then declined to its current support at $45, indicating that it's rapidly moving up and down in value by $10. 

This could be the result of increased seller activity for the OKB crypto, which can result in further losses down the line. Yet, its MACD and RSI are natural, and if bulls regain control and move it above the 50-day EMA, the crypto could experience a swing in a bullish direction. According to the optimistic OKB price prediction, the crypto can end the year at a value of $90.34. 

Meme Moguls (MGLS) Introduces P2E Elements and Simulated Trading

Meme Moguls (MGLS) is an upcoming Web3 platform that can completely change how users enter the meme coin space by introducing Play-to-Earn (P2E) elements. Players are able to compete in simulated trading and learn how to utilize numerous investment strategies. 

Every player will begin with $100,000 in virtual currency and can then create a portfolio with that balance. In addition, they can complete challenges and turn the profits into cashable returns. Every player can utilize 20% of the portfolio within a single investment to better simulate real-world investing.

Alongside all of this, each player can access a dedicated Metaverse known as Moguls World. In it, players can mine tokens, join liquidity pools, and even stake their balance. Every user can also complete missions and challenges and will be able to access valuable meme-inspired assets. They can then resell them for additional gains.

Summary

The Axie Infinity and OKB cryptocurrencies have seen a rough patch during the past trading sessions, yet optimism still exists that they might explode in value by the end of 2024. In the meantime, Meme Moguls and its blockchain ICO are capturing significant attention. At Stage 5, MGLS trades at just $0.0036, indicating a 33.33% increase from the last stage. According to analysts, it can surge by 100x following its launch, making it the best new crypto to invest in.

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