Trader’s Bullish Outlook: Ethereum-Based Altcoin Set to Become Next Axie Infinity
Cryptocurrency trader Criptopaul, followed by over 107,600 users on X, has high hopes for Heroes of Mavia (MAVIA). An Ethereum-based gaming project.
Comparing MAVIA’s potential to the massive success of Axie Infinity (AXS) in 2021. Criptopaul emphasizes MAVIA’s backing by prominent venture capital firms like Binance Labs and Hashkey. Having heavily invested in MAVIA at $3.33, Criptopaul believes it could offer a 15-20x potential ROI, citing its integration of Web2 concepts into Web3 and strong user adoption.
He predicts MAVIA could face resistance at $5 but anticipates a rebound and suggests profit-taking strategies. Additionally, Criptopaul expects a significant move in the Ethereum versus Bitcoin pair (ETH/BTC), which could impact altcoin performance and market confidence.
Clever Robot News Desk 23rd April 2024
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