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Axie Infinity (AXS) continues to be one of the most active cryptocurrencies on the market. The asset is now in the top 30 best cryptocurrencies by market capitalization according to CoinGecko.
The colossal performance has allowed the Axie Infinity token price to record a 100% gain over the past year, highlighting its uptrend. Axie Infinity price now is recovering from its bearish fall and is trading at its yearly low. If the uptrend continues, AXS could make a new all-time high in no time.
Axie Infinity token price
As of this writing, AXS is trading at $14.5 on a 24-hour trading volume of $182,443,185. AXS is up 3.7% in the last 24 hours.
In addition, there are currently 82,475,673 out of 270,000,000 AXS in circulation. The top cryptocurrency exchanges to check the Axie Infinity price now are:
- Huobi Global,
Pros and cons of investing in the AXS to USD pair
Axie Infinity really has huge potential – users unanimously agree that the gameplay is interesting and exciting, and this contributes to the introduction of blockchain into everyday life.
Obviously, the company is not going to stop there, and a large community actively supports it and is waiting for updates.
- An interesting gaming product with opportunities to earn money and participate in eSports tournaments.
- Decentralized governance among AXS USD token holders.
- Informative website and social networks.
- Strong Axie Infinity coin price chart.
- There is already a large and active community, even though the project is at an early stage.
- World-class partners: Samsung, Ubisoft, HTC, etc.
- Experienced team since 2018.
- Despite the extensive plans and positive Axie Infinity price prediction, at the moment the project is still damp and continues to be refined daily.
- Entry barrier – need to buy 3 Axies to start the game.
Up-to-date Axie Infinity price prediction
The chart above shows that the Axie Infinity coin price chart has performed well over the past few months. However, the AXS is showing a bearish trend, having only a 50% decrease in the last 30 days.
If this trend continues (+3.7% in 24 hours), AXS to USD cost could follow the bulls, breaking its resistance level in the $20-25 region and rising higher.
Fresh Axie Infinity coin news
Meanwhile, the Axie Infinity coin news are optimistic. This cryptocurrency has a good chance of hitting a new all-time high (ATH) of $155.08 this year. However, this scenario can only happen if the asset breaks previous AXS USD resistances.
With an ongoing strong marketing approach, we can expect Axie Infinity to have a bright future in the coming years. The bullish forecast for the Axie Infinity price charts is $311. As mentioned above, the asset could even reach $350 if investors decide that P2E industry investment is a decent step.