Wed, April 24

Axie Infinity (AXS) Price Reached ATH of $119.92 USD

Axie Infinity Raises $150M to Repay Customers Affected by Ronin Hack Altcoin News
  • Each Axie has unique characteristics and strengths.
  • Axie Infinity Shards are the unique governance token.

Axie Infinity is a blockchain-based trade and fighting game run by its users. Moreover, it is a collectible token-based game inspired by Pokémon and Tamagotchi.

Furthermore, these Axies come in over 500 distinct body parts, including aquatic, beast, bird, insect, plant, and reptile parts. Axies may have any combination of body parts from any class type, making them extremely varied and frequently uncommon and unique.

Each Axie has unique characteristics and strengths and may be utilized in 3v3 fights to gain experience points that can be used to level up an Axie’s stats or develop its body parts. Moreover, breeding Axies together creates new and unique offspring that may be utilized or sold in the Axie market.

Axie Infinity Shards are the unique governance token for the Axie Infinity ecosystem (AXS). These allow holders to vote on important governance issues and influence how the Axie Community Treasury spends.

AXS Still Has Long Way to Go

In March, the platform had notable media appearances in The Wall Street Journal, Game analytics, and Aftenposten, resulting in a price surge to $10 by the end of May.

Moreover, the currency’s value remained stable with minor fluctuations. Furthermore, on May 19, it slipped into a bearish trap and lost nearly 60% of its value, falling to $3. It stayed about the same price until June.

The increasing popularity of NFTs in July aided the currency’s strong bull-run, which reached $81.2 on July 28. The Axie Infinity (AXS) price reached $92.21 on September 4, 2021. AXS pricing reached ATH of $119.92 USD on October 2, 2021, kicking off the 4th quarter.

AXS/USDT: Source: TradingView

This year, expectations are that the token will reach a maximum of $150. If NFT’s markets collapse, the price may fall to $44.15. This altcoin’s average price is $82.26.

According to CoinMarketCap, Axie Infinity’s price today is $114.54 USD with a 24-hour trading volume of $1,434,430,793 USD. Furthermore, Axie Infinity has been up 18.49% in the last 24 hours.

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Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.