Reports suggest that crypto gaming platform Axie Infinity might soon suffer a large influx of supply, potentially crashing its price. That’s because 10 million AXS tokens which early investors and insiders own, will soon be unlocked, causing a massive influx of new tokens on the market.
It’s a big issue for that platform and raises questions about transparency, with many other investors questioning why they weren’t informed about this. One project avoids these issues and is completely transparent, offering investors secure growth and strong profits. That project is Oryen, which has all the credentials needed to succeed. Here’s why:
Oryen (ORY)
Oryen helps bring the most accessible crypto passive income gains ever seen in the industry by offering a superior 90% APY as part of the most straightforward staking protocol ever. With Oryen’s revolutionary Oryen Autostaking Technic (OAT), rewards are paid out hourly into holders’ wallets without any external staking being required. This eliminates complications in the passive-yielding world and could allow more regular investors to enjoy the benefits of DeFi. It’s got the fastest payouts, with hourly rebase rewards that compound to a huge yield over a year. Oryen could be the perfect investment right now, and it’s available at a discount during pre-sale before the official launch.
Axie Infinity (AXS)
As an innovative and creative crypto project, Axie Infinity has managed to put the fun back into the space by allowing users to earn rewards from their immersive gaming experience. However, recent news might suggest that prices could soon crash, causing major issues for both the platform and existing users. There might be better investment options out there right now.
Conclusion
AXS could soon suffer a detrimental oversupply and may slump in price. But regardless of what happens to that platform, Oryen has the transparency and other fundamentals needed to thrive in the coming months.
Learn About Us:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Telegram: https://t.me/OryenNetwork
Discord: https://discord.com/invite/jSvaXmb2cB
Twitter: https://twitter.com/oryennetwork
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Source: https://coinpedia.org/press-release/insiders-might-crash-axie-infinity-price-as-big-supply-unlock-is-looming-invest-in-transparency-with-oryen/