Amidst a market environment under pressure, AXS has staged an independent rally. As of now, this token has surged to around $2.35, with a 24-hour increase of nearly 15%, and a weekly gain of over 60%—standing out prominently in a sea of green.
This counter-trend surge is not without clues. According to recent announcements, the project team has made significant adjustments to the tokenomics model, with the most critical step being the removal of the original SLP reward mechanism that continuously generated inflationary pressure. Such changes on the supply side often stimulate market sentiment in the short term.
However, the logic of the crypto world is like this: large fluctuations bring great opportunities, but risks should not be underestimated. The current rally is indeed tempting, but a look at the historical records shows that AXS has already fallen 99% from its all-time high. From this perspective, any rebound is just one move in the chess game. Short-term speculation and long-term value are two different things; taking profits when the time is right is always the best strategy. Never let the rapid gains cloud your judgment.
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Anon32942
· 01-21 08:52
Ah, AXS is playing the rebound game again
Cancel SLP and it can rise 60%? Wake up, buddy
A rebound from a 99% drop, do you believe it? I don't believe it
Those rushing in are all bagholders, right?
Knowing when to take profits is a perfect saying
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GateUser-3824aa38
· 01-21 08:51
Damn, AXS this wave is really awesome, a 60% weekly increase and I made a huge profit, but I still have to pour some cold water.
Things that drop 99% and then rebound 60%, what's there to be excited about? Beware of the pump-and-dump rhythm.
Canceling SLP inflation sounds good, but I'm just worried it's a smoke screen.
Take profits when the time is right, that's the way to go. Don't be brainwashed by the gains.
Not to hype or bash, but rebounds are just traps. How could the bottom be so easy?
A 60% weekly increase, I only believe it if I see it.
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AltcoinMarathoner
· 01-21 08:47
just like mile 20 in a marathon, this AXS bounce is just another wall to push through. sure, the tokenomics fix sounds decent, but we're still down 99% from ATH... that's not a finish line, that's just a water station.
Reply0
GasWaster
· 01-21 08:34
Is this another play to cut the leeks? What about after a 60% weekly increase?
This rebound in AXS is just a trap; don't be fooled.
Canceling SLP will save the day? That's laughable; history will repeat itself.
Dare to say there's an opportunity after a 99% drop? I think it's just a gambler's dream.
I only watch these coins but don't touch them; they're too hot to handle.
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RetailTherapist
· 01-21 08:33
Bro, can you believe this rebound? Something that dropped 99% only rebounds 15% and you're excited.
AXS is just relying on canceling SLP to hold up the scene. What's next?
I'm even afraid of a 60% weekly increase. These kinds of coins are most likely to crash.
From the all-time high to now, it feels like picking up cigarette butts.
Don't be fooled by this surge. I'm still on the sidelines.
If SLP is gone, can it turn around? What's the logic, brother?
It's true that taking profits when things look good. Not being greedy is the real winning strategy.
Feels like another round of harvesting is coming.
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RugPullSurvivor
· 01-21 08:32
Old crypto circle veteran, I've seen too many of these rebound plays.
This 60% weekly increase in AXS looks satisfying, but considering the peak that was cut in half by 99%... it's really just a rebound.
Canceling SLP inflation is indeed a positive, but don't be blinded by short-term emotions. It's best to exit early.
Those who truly dare to go all-in have become just a backdrop in history.
View OriginalReply0
NftMetaversePainter
· 01-21 08:24
ngl the whole "deflationary tokenomics = pump" narrative is just algorithmic theater... slp removal is elegant on paper but doesn't address the real hash value proposition here, does it?
Amidst a market environment under pressure, AXS has staged an independent rally. As of now, this token has surged to around $2.35, with a 24-hour increase of nearly 15%, and a weekly gain of over 60%—standing out prominently in a sea of green.
This counter-trend surge is not without clues. According to recent announcements, the project team has made significant adjustments to the tokenomics model, with the most critical step being the removal of the original SLP reward mechanism that continuously generated inflationary pressure. Such changes on the supply side often stimulate market sentiment in the short term.
However, the logic of the crypto world is like this: large fluctuations bring great opportunities, but risks should not be underestimated. The current rally is indeed tempting, but a look at the historical records shows that AXS has already fallen 99% from its all-time high. From this perspective, any rebound is just one move in the chess game. Short-term speculation and long-term value are two different things; taking profits when the time is right is always the best strategy. Never let the rapid gains cloud your judgment.