Axie Infinity (AXS) remains to be one of the active cryptocurrencies in crypto space. Crypto is now one of the top 30 cryptos in CoinGecko in terms of market capitalization.
Moreover, the crypto reported an over 100% growth rate in the past 30 days, an uptrend position. Today, AXS bounces back from its bearish dip last July 26 and trades at a high price of $139.98. If the uptrend keeps on, AXS might generate a new all-time high record in no time.
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What is Axie Infinity (AXS)?
Axie Infinity Shards (AXS) is a governance token utilized in the Axie Infinity game, the blockchain game of the summer of 2021. The creators of Axie Infinity declared that its objective is merging work and play — meaning that the players can earn real-world rewards while having fun.
Axie Infinity is a game inspired by Pokemon and other names like it. Players begin by purchasing Axies — the creatures that can breed, get strength upgrades, and fight against other players’ Axies.
A player can pick a broad variety of body parts to add to their Axie and evolve it, so there are some unique and valuable builds out there.
Every Axie is an NFT token and can be traded with other players or sold — the most valuable ones selling for upwards of $820,000. A player can also build the environment for their Axies, such as buying land, which is also tradable.
AXS token is used for governance of the Community Treasury. Players’ tokens must be staked to participate in the voting process, allowing them to get rewards. AXS is also the main currency of the Axie NFT marketplace.
Axie Infinity (AXS) Current Market Value
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Axie Infinity price trends at $139.98 with a 24-hour trading volume of $419,709,081. Axie Infinity has been up 4.15% in the last 24 hours. The current CoinMarketCap ranking is #23, with a live market cap of $8,525,741,500 USD. It has a circulating supply of 60,907,500 AXS coins and a max. Supply of 270,000,000 AXS coins.
Axie Infinity (AXS) Price Prediction 2021
Axie Infinity has worked great over the past several days. Moreover, the AXS price has been over 100% in the last 30 days. AXS might run along with the bulls if this trend lasts, overtaking its $311.52 resistance level and climbing higher.
On the other hand, if the investors turn against the crypto, the bears might take over and dismiss AXS from its uptrend position. In more simplistic words, the price of AXS might fall to almost $64.08, a bearish signal.
Meanwhile, the long-term AXS price prediction for 2021 is bullish. It has a high chance of exceeding its current all-time-high (ATH) at about $155.08 this year. However, that will only occur if it breaks many previous psychological resistances.
Axie Infinity (AXS) Price Prediction 2022
If this bullish trend lasts, Axie Infinity will reach $200 by the end of 2022. Moreover, the first half of 2022 is going to exhibit fast growth, up to $250.
Then this growth will slow down, but no significant falls are expected. With upcoming partnerships and developments reaching $200 is very optimistic in the price point of view but undoubtedly possible for the near future.
Axie Infinity (AXS) Price Prediction 2023
The price of Axie Infinity can move even exceptional heights, however, reaching $350. Moreover, this is achievable only if the market continues its bullish trend. In addition, only if the cryptocurrency Axie Infinity breaks past the psychological resistance level.
Axie Infinity (AXS) Price Prediction 2024
As per the latest upgrades, developments, Axie Infinity price prediction, and new project forecasts of the platform, this might boost Axie Infinity’s price in the crypto market, and it will be the best investment as the price can spike and reach around $500.
Axie Infinity (AXS) Price Prediction 2025
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In the next four years, Axie Infinity prices could race up to $720. This indicates that Axie Infinity has a high possibility of reaching a new ATH soon in the next five years as per the prediction. However, getting this level could not be so tricky for Axie Infinity as other media, short-term, and long-term price targets could be found to purchase or sell orders.
Expert Take on Axie Infinity Price
Answering the question about if Axie Infinity is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $118.258, growing to $160.736 by the end of 2022.
In DigitalCoin analysis, the price of Axie Infinity cryptocurrency will rise in the next 5 years starting from $137.1175048 as of today’s price to $540.0799116. It will go up to $232.3483858 by 2022 and continue its growth in 2023-2024. Based on this forecast, Axie Infinity is a valuable long-term investment.
In 2021, the average Axie Infinity price will go up to $140.5. In 2022, Axie Infinity’s price will rise significantly to an average of $219.375.
According to WalletInvestor, Axie Infinity price will grow from $132.8 to $465.033 in one year. That makes AXS an awesome investment. The long-term earning potential is 250.18%. Predicted price for the end of 2026 is $1779.770.
With the continued sturdy marketing approach, we can say that Axie Infinity has a glorious future ahead of it in 2021. Bullish AXS price prediction 2021 is $311.
As stated above, it may even reach $350 if investors have determined that AXS is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
With Axie Infinity conferring promise, AXS can be an excellent investment compared to other tokens in the crypto space, but only if invested at the right time with the right price measure as per our Axie Infinity price prediction.