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Ripple’s native token XRP is down close to 20% in a month. The downturn indicates that the bull run could be over as its price is on a slippery slope. While bulls were expecting the leading altcoin to breach the $4 mark, it now looks like it could fall below the $2 range. Investors are skeptical of taking an entry position, believing that the altcoin is yet to bottom out in price. Also Read: AI Models Reveal How Ripple May Surpass Rival Cryptos Will XRP Rise Again? Source: Coin Edition Yes, XRP will rise again, and that’s the way the market functions in a cyclic manner. The rise, fall, and sideways trading is the norm, but the million-dollar question is, how long will it last? Nobody, not even a seasoned investor, can crack the market timing, as it’s the only thing that cannot be tamed or controlled. Also Read: Canary Capital Sets Nov. 13 Launch for XRP ETF After SEC Shift Leading on-chain metrics and price prediction firm Wallet Investor has painted a bearish picture ...

Join Our Telegram channel to stay up to date on breaking news coverage Axie Infinity was the most popular metaverse game by a long shot for months, but according to the recent game statistics from the website called Activeplayer, this appears to be changing. The project has recently had the lowest count of active monthly players in over a year and a half, currently back to January 2021 levels. The project saw its peak around January 2022, when it had 2.78 million active players in a single month. However, as the year progressed, the number of active players per month dropped, reaching 1.2 million in June of this year. Now, that number has dropped to 701,447 Why is Axie losing players? There are several potential reasons for the current state of things regarding Axie Infinity. Obviously, the crypto industry has been suffering massive price drop s for almost a year now, ever since crypto prices started crashing in November 2021. However, this is not the only reason, as the ga...

Join Our Telegram channel to stay up to date on breaking news coverage Mango Markets has been exploited and drained more than $100 million worth of cryptocurrencies. The decentralized finance (DeFi) platform was exploited after an attacker manipulated the price data of the native token before taking loans against holdings. Mango Markets drained over $100M Mango Markets is a DeFi platform based on the Solana blockchain. The platform has been hit by an exploit that drained more than $100 million after an attacker exploited price oracle data. The exploit allowed them to take cryptocurrency loans that were not collateralized. OtterSec, a blockchain security company, first detected the attack. The blockchain security company tweeted that the exchange had lost more than $100 million because of the attacker manipulating the price of MNGO, the native token of the Mango DeFi platform. The attacker later took out loans from the Mango treasury. It appears the attacker was able to ma...