- Axie Infinity (AXS) Might Reach the $1,000 Mark By 2030!
- Axie Infinity Price Prediction: Latest News and Updates
- Everything About Axie Infinity
- 5 Reasons to Invest to Axie Infinity (AXS)
- Axie Infinity Price Prediction: What Do Experts Say About AXS?
- Axie Infinity (AXS) Technical Analysis
- Axie Infinity Price Prediction FAQs
- Disclaimer of our Axie Infinity Price Prediction
The following information you’ll see in this Axie Infinity Price Prediction article is based on both fundamental and technical analyses. As you read on, we will look into the purpose behind AXS and how beneficial it would be for an investor to buy AXS, even though he/she is not a gamer.
Axie Infinity (AXS) Might Reach the $1,000 Mark By 2030!
To brief you with the future price prediction of three well-known crypto analysts, we learned that the AXS price might reach $1,419.11 by 2030. The two remaining forecasts are $805.09 and $217.66.
For more information, read the entire article.
Axie Infinity Price Prediction: Latest News and Updates
Axie Infinity tops the list of Design Bundle, an online marketplace for designers, as the most popular among NFTs with 3.86 million searches on Google. The NFTs were ranked according to the number of times each had been searched in a given month.
Furthermore, as reported by Cointelegraph, Axie gamers traded almost $3.5 billion in NFTs last year. This represents over two-thirds of all NFTs exchanged in the blockchain gaming business.
Everything About Axie Infinity
Are “Axie” and “AXS” the same? The answer is here! This section covers the basic information you need to know about Axie Infinity.
Axie Infinity: the Game
Axie Infinity is one of the popular play-to-earn games that use Ethereum-based cryptocurrencies. The concept of this game is about purchasing, breeding, and pitting “adorable” monsters, known as Axies, against each otherto earn in-game currency—known as Smooth Love Potions (SLP)—which may be converted to fiat cash. The game boomed in several countries, including the Philippines, Venezuela, the USA, Indonesia, Thailand, and Malaysia.
Axie: the NFT
Each Axie is a non-fungible token (NFT), a one-of-a-kind collectible that can be purchased or traded on external exchanges. Axies come in different shapes and sizes, with over 500 body parts to choose from, including aquatic, plant, bug, beast, bird, and reptile parts.
AXS: the Governance Token
AXS or Axie Infinity Shards are also part of the Axie Infinity ecosystem. These are used to vote on essential governance issues and will provide holders rights in dealing with the Axie Community Treasury’s funds management.
At the time of writing, Axie Infinity (AXS) holds the #43 market rank with a price of $46.39 and a market cap of $2.86 billion. According to the live statistics available on eToro, the coin has a 24hr trading volume of $280.74 million and a circulating supply of 60.9 million AXS.
Do I Need to Play Axie Infinity to Invest in AXS?
While many people are playing the game to gain profits, it is not the only way to earn AXS. Like other cryptocurrencies, an investor may simply purchase the token from specific crypto exchanges and hold it in their crypto wallet.
5 Reasons to Invest to Axie Infinity (AXS)
You probably have a lot of reasons to invest in Axie Infinity if you are a gamer. What about people who are not interested in playing NFT games? Here are some of the reasons you can consider to start investing in AXS:
- In such a short period, AXS has performed admirably. Since its launch, we have seen how it has quickly grown in value and become included in the top performers.
- Most cryptocurrency exchanges now accept AXS. AXS is traded on various major crypto exchanges and brokerages. You may buy and sell it at any moment!
- Axie Infinity’s development team is run by blockchain and gaming experts. The Axie Infinity team’s competence is one of the primary reasons for the project’s rapid success. Axie Infinity employs a total of 25 full-time professionals, several of whom have prior games development expertise. This fact also assures an interested AXS holder that the token has a strong foundation and accurate background history.
- Axie Infinity has a decentralised governing system. As mentioned earlier, AXS token holders can use this functionality to vote on improvements and other important things within the ecosystem.
- Staking is possible with AXS, so you may earn money while holding your investment. A great method to profit from your crypto investment portfolio is to get passive income while waiting for the token price to rise.
Axie Infinity Price Prediction: What Do Experts Say About AXS?
Let’s look at what the following crypto professionals have to say about Axie Infinity (AXS).
“Fun stuff, crazy stuff… are we going to be the next guy who buys two houses with this in-game profits from Axie Infinity? Are you? But I hope that we’re all making the grand scheme of things.”
— Voskcoin on claiming that Axie Infinity is the best NFT game
Another known crypto analyst, Coin Bureau, also praised Axie Infinity’s updates which have propelled AXS to new highs, with the stock up nearly tenfold since January (2021). Their team of experts have seen that AXS is in a strong uptrend, and believes that new all-time highs are on the way.
If you want to watch another review from crypto analysts, check out this video:
Axie Infinity (AXS) Technical Analysis
Keep in mind that Axie Infinity (AXS) forecasts are based on a combination of historical and technical research, and crypto experts’ predictions might have errors. For starters, let’s first proceed to the past performance of AXS.
The price of AXS at the start of 2021 was $0.53. By the end of December 2021, the price had risen to $93.47. It had a recorded volume of $193,156,080 and a market cap of $5.69 billion by that time. The highest price it ever attained last year was $164.58 on November 6th.
Top 3 Axie Infinity Price Predictions in 2030
The price forecasts for Axie Infinity (AXS) below are based on historical and technical analysis, and they are subject to change. There’s no assurance that previous outcomes will repeat in the future.
Digital Coin Price
According to researchers at Digital Coin Price, the future price of AXS will reach a peak of $217.66 in 2030. The average price is expected to be $212.10, with a minimum of $203.81.
We have seen how high AXS has reached. With the current forecast of Price Prediction experts, we can say that it’s indeed promising to see! Throughout 2030, the AXS price will climb to an average of $1,250.81. It is predicted to open the year with a minimum of $1,217.03 and a maximum of $1,419.11.
Coin Price Forecast
According to Coin Price Forecast experts, the AXS price will reach $744.28 by the middle of 2030, and $805.09 by the end of the year.
Axie Infinity Price Prediction FAQs
Here are the frequently asked questions about AXS:
Is AXS a Good Investment in 2022?
As we can see in our featured price predictions, investing in AXS this year could potentially be a good investment choice. Moreover, based on AXS’s significant achievements, we may conclude that AXS is a highly promising cryptocurrency to invest in.
Before deciding whether or not to acquire Axie Infinity, it’s crucial to analyse both technical and fundamental factors. Always conduct your own research and remember that the value of your investment may rise or fall.
Where to Buy Axie Infinity (AXS)?
Axie Infinity (AXS) is traded on major cryptocurrency exchanges like eToro, Binance, Huobi Global, FTX, KuCoin, etc.
What Will the Price Of Axie Infinity (AXS) Be by the End of This Year?
Based on the research of market experts, the highest possible price of AXS by the end of this year might be $228.03.
Disclaimer of our Axie Infinity Price Prediction
The purpose of this Axie Infinity (AXS) Price Prediction article is to educate our readers. Our views and opinions should not be considered investment advice. We will not be liable for how the reader uses the information supplied. Before making any investment decisions, our team strongly advises you to conduct more research and talk with a financial expert.