Play-to-win (P2E) application connected with an altcoin project has passed the review of Google’s app store Play Store. Meanwhile, expectations for the altcoin in question were listed. Here are the details…
Altcoin enters Google Play Store
Axie Infinity (AXS) price is back in the green after a gruesome week of seeking support. The bullish look on AXS came with the reveal of one of the biggest P2E games, Axie Origins. The AXS team announced that Axie Origins has passed the tough Google Play Store review. As one of the leading Web3 game developers, Axie Infinity considers this success no big deal as they have to work closely with the Google Play Store team, who share expertise. Axie Origins is now the first Web3 app to complete a transparent review process.
Axie Infinity, Origins will make its debut on Malaysia’s Play Store. Thus, it plans to make a soft launch. This step will allow the team to continue exploring new features to improve the game. Axie used the following statements in a blog post:
As part of a rollout strategy to collect data, we will launch Origins in smaller countries that reflect the demographics and player archetypes of regions such as North/South America, Europe and East Asia.
https://twitter.com/AxieInfinity/status/16058489111842680832
What’s next for price?
Axie warned that early Play Store versions of the game will come with limited features such as the inability for players to earn tokens to comply with the Play Store’s current policies. The price of Axie Infinity suddenly jumped more than 2.4 percent on Thursday as the community reacted to the news. But at the time of writing, it’s down 1 percent. A rising green candle closed the gap to the 50-day Exponential Moving Average (EMA) at $7.24. However, AXS has withdrawn, trading at $7.03 at the time of this writing.
The Moving Average Convergence Deviation (MACD) indicator gave a buy signal, confirming the optimistic outlook for Axie Infinity. A break above key levels such as $7.24, $7.48 and the falling trendline lower is needed to confirm AXS’s bullish bias, according to analyst John Isige. On the other hand, closing the day below the 50-day EMA reduces the chances of a pre-New Year AXS rally. The bears will become aggressive if Axie Infinity price breaks the support at $6.39. The next stop from here will be $5.79, where AXS could rebound.
