Axie Infinity AXS live coin price, charts, markets & liquidity

The percent change in trading volume for this asset compared to 7 days ago. AXS staking acts as an incentive for holding AXS and supporting the ecosystem. Stakers receive freshly issued AXS and will be able to signal their support for various proposals to improve Axie Infinity. AXS stakers will eventually direct usage of The Community Treasury. Axie Infinity Shards are an ERC 20 governance token for the Axie universe.

• The 24 hour trading volume of Axie Infinity is $205,993,630.
• For this grant we’ve also separated events out into 4 tiers, Challenger, Dragon, Bear, and Wolf.
• DCG has no operational input into the selection or duration of CoinDesk content in all its forms.
• Unless the AXS coin reaches a weekly close above the $9.50 support area, a fall towards $3.40 is the most likely Axie Infinity price prediction.

Today I wanna show you the asset which is very closed to it’s bear market bottom. Axie Infinity have the unique wave structure and have already reached the very important level. On the 1D timeframe of the AXSUSDT chart we can see that AXS started it’s last bearish global… Buoyed up by the wider crypto market bull run and the Ronin sidechain launch in February 2021, AXS price rallied to breach $10 in April 2021.

AXS TV’s Most Watched

Users can stake AXS to earn voting rights and rewards for their help securing the Axie Infinity Universe. Axie Infinity allows users to monetize digital property ownership and generate revenue through the exchange of NFTs and in-game digital items on the Axie Marketplace. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Axie Infinity is developed by Sky Mavis, a blockchain game studio founded in 2018. Led by Trung Thanh Nguyen, the Axie Infinity team consists of over 40 individuals and is based in Ho Chi Minh City, Vietnam. Circulating supply shows the number of coins or tokens that have been issued so far. Popularity is based on the relative market cap of assets.

In cryptocurrency rankings based on market capitalization. The first two esports grants were effective in validating our model, where the majority of grant had to be allocated mostly to players in the form of prize pools. This grant system helps reducing risk for tournament organizers, both amateur and professional, while ensuring incentives to search for sponsors and maintain lean event budgets. Some 10 million of Axie’s AXS tokens owned by insiders and early investors will be unlocked soon, creating selling pressure. Player rewards will account for 20% of the supply and staking rewards for 29%, while the creators of the game at Sky Mavis will be gradually allocated around 20% over a period of years. The rest has been distributed in public and private sales or is being held in reserve for developing the Axie Infinity ecosystem.

AXS Price Information

Play-to-earn game that allows players to earn blockchain-based tokens through gameplay. Axie Infinity Shards, or AXS, are a settlement token used within the Axie Infinity ecosystem to purchase in-game NFT assets. Axie Infinity is a play-to-earn or “play to win” blockchain game, launched in 2020.

Tokenomics data for this coin is currently unavailable. Binance has the lowest transaction fee rate amongst all major trading platforms. We’ve detected that JavaScript is disabled in this browser. Please enable JavaScript or switch to a supported browser to continue using twitter.com. You can see a list of supported browsers in our Help Center.

AXS Markets

X-Range offers wider range, more useful and smoother gear progression, as well as smarter shift settings—enabled by AXS. Stop hand-delivering tickets or waiting at the entrance for everyone to arrive – quickly transfer tickets to friends and meet them at your seats. You will receive an email with instructions for how to confirm your email address in a few minutes.

AXS will be accepted as currency within the Axie NFT marketplace. AXS may also be used to determine eligibility for participation in certain sales/auctions conducted by the Axie team. To check Axie Infinity’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Deposit crypto to our exchange and trade with deep liquidity and low fees. The Axie Infinity price has broken down from the long-term $9.50 support area.

Crypto asset management firm Arca already deposited freshly-claimed AXS tokens to the FTX exchange – a move that sometimes indicates an inclination to dump. The game revolves around collecting pets called “axies,” represented by non-fungible tokens , and “breeding” the pets to make new ones with characteristics derived from the parents. Trading and breeding the NFTs incurs fees in the form of the AXS tokens and another in-game blockchain token called smooth love potions , which can be traded for fiat currency.

From the point of Elliott wave analysis, We can clearly see a downward trend from ATH, Which can have a final target in Wave Z in the specified Fibonacci Range. It is imperative that both players and tournament organizers have low-stakes entry points to participate in Axie Esports, as well as opportunities to level up as their skills improve. We’re excited to see interest from outside organizations, but feel strongly about continuing to reward organizers that have taken risk with us along the way and worked with us on previous grants.

AXS Price Chart

The percent change in trading volume for this asset compared to 24 hours ago. The Axie Infinity price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. Recently I showed you the very low targets for altcoins and the Bitcoin.

Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based… The Axie Infinity team encourages using the native Ronin wallet available in both desktop and mobile versions, to store your AXS coins, SLPs, as well as in-game NFT assets. You can also use any other crypto wallet compatible with the ERC-20 tokens, such as Atomic Wallet. Axie Infinity gameplay focuses on collecting Axies, NFT-based digital pets that can be used to battle other players. Different gameplay elements offer users different tokens — battle gameplay provides players with Smooth Love Potion tokens, while tournament gameplay provides players with AXS.

https://cryptolisting.org/ holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user generated content initiatives. Ronin uses a Proof-of-Authority consensus mechanism to secure its network and to process transactions occurring in the Axie Infinity ecosystem.

AXS Events, Concerts & Sports

However, it soon retraced to a low of $1.8 by May 19, 2021. AXS price stayed below $5 for the next two months and registered another remarkable rally starting July 2021, which culminated in its all-time high of about $166 on Nov. 6, 2021. AXS’s fully diluted valuation reached almost $45 billion at that point. Over 2.5 million daily players and billions worth of gaming assets traded on its native marketplace.

The play-to-earn feature of the game, coupled with a successful marketing strategy, drove a 200 times increase in the price of the token in 2021. Still in that month, the cryptocurrency suffered several variations, such as a drop of 5.7% and a growth of 4.6%, which generated a trading volume of just over 192,966,769 USD. With a circulating supply of 80 million units, AXS has the total supply of 300 million tokens. A few days ago AXIE start to unlock the coins for it’s early investors. 21.5M coins that worth almost $200M flow into exchange to SELL but as we can see there is no huge DUMP as 99% of traders expect.

If you are looking to buy or sell Axie Infinity, Upbit is currently the most active exchange. Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.

Chain management and our Flattop chain give a reassuringly quiet, secure and smooth ride. Since then, the possibility of earning What is AXS and subsequently dollars through in-game achievements has fueled Axie Infinity’s popularity in low-income countries. Some users in the Philippines and Venezuela have even adopted it as a core source of income, and authorities in the Philippines have floated the idea of taxing Axie Infinity players’ income. Players pit their pets against other players in battles. The company says it is skill-based, making it “good fit for competitive play and esports.” The virtual setting of Lunacia consists of “land” resources, also represented by tradable NFTs.