Cryptocurrencies Price Prediction: Cardano, Polygon & Axie Infinity – American Wrap 08 September

There is no going back, Cardano is ready for Alonzo hard fork

Input Output Hong Kong has triggered the Alonzo Hard Fork on Cardano mainnet, smart contract functionality roll-out on September 12. Dogecoin millionaire Glauber Contessoto prepares to go "all in" on Cardano, plans to be ADA's biggest supporter. Cardano DeFi set to become a reality with compatibility upgrades across the software stack.

Polygon bloodbath not over yet, MATIC bears plan another 20% drop

Polygon is testing a fundamental level to the downside that could open up more losses, even to the extent of 20%. Over the past three days, Polygon already had to book 43% of devaluation because of headwinds in cryptocurrencies. Buyers will need to wait before stepping in until price action stabilizes.

Axie Infinity bulls are licking their wounds after AXS price takes 35% nosedive

Axie Infinity (AXS) has had a negative week, with the most significant loss occurring yesterday. AXS shedded 35% of its value in just one session, and overall Axie Infinity has lost 45% of its value in just five days.