The weekend was hot, and the strong rise was seen by all the shorts, and finally stopped at 0.02948, just a hair away from the integer of 0.03, and began to pull back in the early morning. As of 17:00 in the afternoon, it had fallen by about 30% compared with the highest position. The huge increase has accumulated a lot of profit-taking, and the pullback is also reasonable.
After the rally stopped, the golden shovels of the BSC ecosystem and the game representatives stood out. As a tool for earning airdrops and extra income in various Binance exchanges, BNB’s potential value is self-evident. After years of silence, the increase of more than 5 percentage points really delighted all those who participated in the activities and held BNB for a long time.
I want to specifically mention ALICE, which is an old coin that was born in the last round of gamefi craze. It is a game token in the BSC ecosystem that is comparable to SLP.
The pure gamefi sector and the related metaverse sector did not perform impressively in this round of rise. The prices of many coins are still at the bottom of 10% or 20% of the ATH at the end of 2021. At present, it is difficult to turn around in this round of crypto cycle. With the linkage of hot spots in real sports events, some currencies may have a large rebound space. To return to the previous historical highs again, market liquidity and risk appetite cannot support it.
The market is changing very fast, like the electric fan market. You can't linger on every transaction, especially for those currencies driven by market sentiment. If you can't keep up with the speed or the timing of the transaction is wrong, you will lose profits or suffer heavy losses. Starting from June, sports events have begun, and there will always be several varieties of fans and games that will jump out in response to the occasion. Let's talk about which fan game currencies you think will rise in June!
