AXS this project, I have been paying attention to it since the last wave of blockchain games, and I actually participated. It’s a bit regrettable—timing the entry was not precise enough, and in the end, I only suffered a small loss.

The recent upward trend over the past few days actually has some tricks behind it. From the market performance, it’s clear that the main players have already completed their chip accumulation at the bottom. Now they are holding tight and starting to replicate the tactics of some hot coins recently—controlling the supply on the spot to push the price up, while simultaneously harvesting on the futures side. Everyone has seen this kind of strategy before.

If you want to participate in this wave of market, my view is as follows: every time there’s a small correction to a lower support level, consider going long. Once it reaches a certain level, decisively exit. Don’t think about eating a big profit all at once. Even if it continues to rise later, you can participate multiple times, repeatedly riding the waves. But don’t expect to hold it forever, because such coins often experience sudden crashes. This type of project is not suitable for long-term holding; it’s purely a trading opportunity during the short-term hype.

The recent surge of SPL was actually a sign that this was about to exit. To put it simply, most blockchain games are designed with dual tokens—for example, in this game, AXS is used to buy and sell game characters, but the earnings generated by the characters are settled in SPL. The two tokens are closely linked.

That said, this project is already outdated. The only reason it can still be pumped is that the main players want to extract some profit. Be cautious if you participate.