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Media and Entertainment sector

$GALA

$AXS

$SAND

$CHZ

$MANA

$ENJ

$BAT

$AUDIO

$WAXP

$MAGIC

From yesterday's closing price until the highest price in the past 50 days.

It is suitable to start buying the current dip

The average is more than 30.61%.

HUGH MATH INDEX PERCENTAGE

$BTC 13.15%

$ETH 16.30%

$BNB 11.98%

$SOL 8.72%

$ADA 23.04%

$DOGE 46.92%

$AVAX 15.10%

$LINK 26.35%

$DOT 22.90%

$MATIC 23.98%

$SHIB 80.62%

$UNI 41.72%

$ICP 38.71%

$ATOM 21.72%

$IMX 31.74%

$APT 17.97%

$FIL 39.28%

$NEAR 33.93%

$HBAR 26.31%

$OP 36.92%

$INJ 30.24%

$VET 35.98%

$LDO 48.80%

$CRO 39.59%

$TIA 53.86%

$RNDR 23.76%

$GRT 35.12%

$ARB 37.14%

$SEI 26.69%

$MKR 3.92%

$SUI 28.03%

$RUNE 40.27%

$EGLD 29.55%

$QNT 19.49%

$AAVE 29.57%

$GALA 45.20%

$SAND 32.13%

$AXS 30.26%

$CHZ 26.22%

$MANA 31.26%

⚫️ Hugh Math Index

The HMI is a broad-based Index for the cryptocurrency market designed to measure the overall growth of the cryptocurrency market by tracking the performance of a large of crypto assets picked to represent the broader cryptocurrency market.

Crypto News Week 3 and 4 (Part 2)

$BTC $AXS $SOL $MANA $SAND

Metaverse gains momentum - Axie Infinity grows by 45 per cent

The Metaverse was back in the spotlight last week as the global elite discussed digital transformation in Davos and Apple announced a low-cost mixed reality headset.

In response, Axie Infinity, a token for a Pokémon-like game, surged 45% over the week, while Immutable X rose 19% on news that NFT game Tiny Colony will break away from Solana and instead be based on the Layer 2 blockchain.

Metaverse rivals The Sandbox and Decentraland lagged behind, but also made it into positive territory with smaller percentage gains.

Shiba up 14 per cent after launch of Shibarium

To differentiate itself from rival Dogecoin, Shiba Inu is building a layer 2 dog-themed network that will run on the Ethereum blockchain.

Shibarium, as the network is called, will allow developers to build and launch decentralised applications that offer lower fees and greater scalability.

News of the Shibarium beta sparked a 14 per cent rally for Shiba Inu last week, helping the token overtake Dogecoin in the race to become the best-performing meme token so far in 2023.

Next week:

• The correlation between bitcoin and tech stocks could be put to the test next week when the likes of Microsoft, IBM and Tesla announce earnings.
• Other factors that could influence the market include increasing rumours of an economic downturn and the US reaching the debt ceiling.

However, recent weeks have shown that crypto is strong enough to survive even the most negative headlines.

Crypto News Week 3 and 4 (Part 1)

$BTC $AXS $MANA $CRV

Metaverse rally pushes crypto market to 1 trillion. USD

$AXS leads with over 45% gain

$BTC soars above USD 22,000, a rally in Metaverse tokens has pushed the total market capitalisation of cryptocurrencies back above the USD 1 trillion mark. USD.

$AXS is the top performer with explosive 45% weekly gains driving the market higher on hopes of an end to crypto winter. The optimism is fuelled by the observation that bad headlines seem to have lost their ability to influence prices as crypto assets rise despite one of the largest crypto lenders filing for a long-dreaded bankruptcy and the stock market stagnating due to global economic uncertainty.

The week's biggest gainer $AXS is up 125% year-to-date, while Metaverse favourite Decentraland (MANA) is up 149% over the same period. Close behind is Curve, which is up 100% after gaining more than 30% last week on the back of excitement over the dollar pegging of the Stablecoin project.

This week's highlights.

• Metaverse gains momentum as Axie Infinity surges 45
• Shiba rises 14% after the launch of Shibarium

We took a small speculative 5% position in $AXS that we'll watch closely and intend to sell short term.

Gaming coins are soaring and $AXS legs the trend. Our target is 9 usd.