Event JSON
{
"id": "3b13d44ba9cc1dcce1fd5930cfcfad28348b8491979d8b21ce07f94c85ae38e7",
"pubkey": "4f02cb250da07a2fafdf1bc40bee1360da7f1b68767142469a04f0b13776608a",
"created_at": 1736420624,
"kind": 1,
"tags": [
[
"r",
"https://crypto.news/axl-in-trouble-on-chain-metrics-point-to-potential-losses/"
],
[
"subject",
"AXL in trouble? on-chain metrics point to potential losses"
],
[
"published_at",
"1736420600"
],
[
"image",
"https://crypto.news/app/uploads/2024/01/crypto-news-trading-chart-front-side-view-Exchange-building-background-bright-neon-colors-option07.webp"
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],
[
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],
[
"summary",
"Axelar's price has been declining since December 16, with its market cap dropping to $552 million. Several on-chain metrics suggest that the asset could face more downward pressure in the coming days. The project's DeFi ecosystem has lost value, traders are moving their holdings to exchanges, and social sentiment has turned bearish. Additionally, the prevailing risk-off sentiment and bearish technicals are contributing to the decline."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/01/crypto-news-trading-chart-front-side-view-Exchange-building-background-bright-neon-colors-option07.webp\nAXL’s recent price slump shows no signs of easing, with on-chain metrics hinting at more pain ahead for the crypto asset. Axelar, a programmable blockchain interoperability platform with the ticker AXL, fell for three straight days to $0.6152 at press…\nhttps://crypto.news/axl-in-trouble-on-chain-metrics-point-to-potential-losses/",
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}