Is Market Capitalisation a Good Way to Predict Price Potential for Splinterlands and Other NFT…

Time Stamp: November 8, 2021 4:13 AM
Source Node: 1106777

With the recent success of Axie Infinity many crypto investors are looking to new up and coming blockchain gaming platforms for the next 10, 100 or 1000x returns. I have recently been looking at the market cap of Axie Infinity AXS token ($9.4B at time of writing) and trying to predict the potential gains of up and coming projects. When looking at traditional cryptocurrencies this is a helpful tool to predict the growth of tokens of similar utility. However, I don’t…

Source: https://anthonytop.medium.com/is-market-capitalisation-a-good-way-to-predict-price-potential-for-splinterlands-and-other-nft-f2166398f0b4?source=rss——cryptocurrency-5

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