Axie Infinity ($AXS): Ever Hitting $100?
Axie Infinity gives you the opportunity to battle, collect and build your own digital kingdom for pets. AXS is an Ethereum token that powers this blockchain-based game where players can earn rewards by staking their tokens, participating in the game, and voting on key governance issues.
This post contains the price predictions of AXS. We shall take a close look at the Axie Infinity platform and see what to expect in the coming years.
*Disclaimer: Non of the information stated below should be considered an investment advice. Always DYOR.
Axie Infinity: Fun Way Earning!
Cryptocurrencies are becoming more and more popular with time. However, many may not make it through the test of popularity unless something changes. A revolutionary asset must come forward to focus on what everyone wants: fun.
Axie Infinity is an online game built on the Ethereum blockchain created and owned by Sky Mavis; a blockchain development firm focused on producing games with player-owned economies. Players in the game can collect and trade in-game creatures called Axies. Axies are NFT creatures with distinct characteristics and fighting abilities. Players must carefully select their starter Axies to have the best chance of defeating their opponents.
Axie Infinity is a platform that aims to create a completely decentralized gaming ecosystem. Axie Infinity is the intersection of cryptocurrency and gaming. Axie’s mission is to make blockchain technology accessible to the general public in a fun way.
The protocol launched Axie Infinity Shards (AXS), a governance ERC-20 token that combines cryptocurrency benefits with gaming. The AXS crypto may be acquired by playing the game, which is a fun way to earn, and the AXS token can be staked to earn rewards. AXS token holders, for example, are raised to decision-making positions and have the ability to vote on operational changes and future advancements. This, however, is a work in progress. Sky Mavis retains control over sensitive processes and systems for the time being. Before we get into the actual AXS Infinity coin price prediction, let’s look at the overview.
Axie Infinity Overview
Axie Infinity (AXS): Defining Infinite Possibilities
Axie Infinity (AXS) is a blockchain-based trading and combat game where users can gather, breed, nurture, fight, and trade attractive creatures known as Axies. Axie Infinity, based on the video game Pokemon, employs non-fungible tokens (NFT) to represent Axies, plots of land, and various other items. Users can earn tokens by battling, collecting, raising, and developing a land-based kingdom for their Axies, demonstrating their gaming abilities. Axie’s assets and genetic data are easily scalable by third parties, allowing the entire developer eco-space to find the foundation of their tools and experiences.
Axie Infinity users can trade NFTs and in-game products, with over 25,000 ETH traded in the Axie Infinity Marketplace. Axie Infinity is also the most popular Ethereum game, with over 19,000 monthly active users and over 6,400 ETH in revenue.
Axie represents a gaming and entertainment age; it displays a social responsibility value. It produces jobs for the masses and fosters a powerful community, paving the way for a long-term platform. Users can own, collect, and use the native Axie Infinity Token of the Axie marketplace throughout an ever-expanding world of games.
Furthermore, Axie Infinity’s social networking features have created a dedicated community of passionate gamers and crypto enthusiasts. Crypto games like Axie Infinity are among the most visible entry points for crypto adoption.
Axie Infinity (AXS): The Historical Data
The native token AXS aspires to be ranked as the first obvious choice in gaming-cum-earning protocols, making aspirations of diverse earning possibilities come true. Axie Infinity is well supported by its parent organization, the Axie Infinity Foundation, which provides considerable assistance to crowd sales.
However, based on technical price analysis, the Axie Infinity ecosystem has demonstrated tremendous potential, consistently demonstrating hidden potential. The token reached its all-time low on November 6, 2020, at $0.123718 per AXS coin, and its all-time high exactly a year later at $164.90, representing a growth of approximately 133187%. Axie Infinity is ranked among the top 50 cryptocurrencies, competing with peers such as Stellar and Ethereum.
Axie Infinity, the native token traded by millions of users throughout the world on multiple exchanges, has yet to establish itself as an investment-worthy currency based on fundamental capabilities. This cryptocurrency has yet to gain traction with investors, as the market remains skeptical of its underlying value.
Axie Infinity Technical Analysis
AXS currently has a price of $20.16 as per data taken from the Coingecko website on May 14, 2022, and the current trading volume is $474,176,459. AXS has a market capitalization of $1,574,704,194 and its fully diluted market cap is estimated to be $5,359,827,418.62. Therefore, AXS’s market dominance is 0.12%.
Axie Infinity has a current circulating supply of 78,425,739 AXS out of a total supply of 270,000,000 AXS. The founders of Axie Infinity are highly optimistic that the mainstream adoption of Axie Infinity has a lot of potential for its followers.
Axie Infinity (AXS) Price Prediction: Market Sentiment
Here are some experts’ opinions on the price prediction of the AXS Infinity coin
WalletInvestor: AXS is an excellent long-term investment, according to the WalletInvestor forecast System. The forecast price for 2027 is $343.45. Revenue is expected to be around +1627.79% after a 5-year investment. If you invest $100 in AXS today, your money could be worth $1727.79 by 2027.
GOV capital: According to Gov capital’s data, the AXS token has been on an upward trend for the past year. Because Axie Infinity has been on the rise, they believe that similar market segments were very popular during the period in question.
The future price of the asset is predicted at $277.31010974086 (1402.384% ) after a year, according to their prediction system. If you invested $100 now, your current investment might be worth $1502.384 in 2023.
Digital Coin Price: According to the Digital Coin Price Forecast data analysis, the price of AXS is expected to cross the $26.41 level. Axie Infinity is expected to reach a minimum fee of $24.11 by the end of the year. Furthermore, the AXS price has the potential to reach a high of $27.55. Cryptocurrency investors and holders must be aware of the Axie Infinity Price Prediction 2022.
Reddit Community: Due to many Axie Infinity projects progressing from the concept to the testing phase, The Reddit community feels that by the end of the year, a significant number of projects will have been completed, resulting in an overall bullish projection of $72.00, urging traders to profit by selling Axie Infinity token.
Axie Infinity (AXS) Price Prediction: 2022–2028
Volatility drives the cryptocurrency market. As a result, it is difficult to predict and keep up with current pricing. In this case, many experienced crypto analysts are involved in price prediction, and the mood appears to be quite positive.
According to analysts, AXS has a good chance of becoming a major player in the digital currency market. Users are drawn to its network because of its built-in gaming ecosystem and token reward system.
Here is a quick rundown of price forecasts.
Price Prediction 2022
According to the AXS price prediction and technical analysis, if the market sees a good bull run in 2022, the AXS price may cross $50. Long-term investors are expected to continue holding, with the average price in 2022 ranging from $20 to $60.
Price Prediction 2023
Axie Infinity (AXS) has built a fast, dependable network and is concerned with the product’s user experience. These features have the potential to propel the AXS coin to a much higher price of $74.11. If the demand for functional crypto continues into 2023, the AXS price may even experience a big transition, allowing users to profit significantly.
Price Prediction 2024
By the end of December 2024, the price of AXS is predicted to reach $87.23. For 2024, the predicted ATH price is $90, with an ATL of around $70. The average projection for Axie Infinity coin price in 2024 is $82.
Price Prediction 2025
The price of 1 Axie Infinity is expected to reach a minimum of $84.62 in 2025, according to the Axie Infinity projection price and technical analysis. Throughout 2025, the AXS price might reach a high of $100.41, with an average price of $92.87.
Price Prediction 2026
In a long-term forecast, the AXS Token price is expected to catch up with other cryptocurrencies in 2026, reaching a high of $130. AXS is also expected to experience a staggering amount of optimism, owing to its constant performance over the years. Axie Infinity will stabilize and provide outstanding returns to its investors.
Price Prediction 2027
According to our in-depth technical analysis of AXS price history, the price of Axie Infinity in 2027 is expected to be around a minimum price of $148.10. The Axie Infinity price can reach a maximum of $200, with an average trading value of $194.41.
Price Prediction 2028
Fundamental analysis is essential for making long-term predictions on AXS. In the cryptocurrency market, the AXS coin has several advantages. The digital economy is advantageous due to its independence. As stable currencies evolve, the network will provide competitive programmable payment options.
According to the AXS price prediction and technical analysis, the price of Axie Infinity will reach a low of $281.07 in 2028. Throughout 2028, the Axie Infinity price could reach a high of $327.17, with an average trading price of $290.79.
AXS Price Prediction FAQs
Is It Profitable to Invest In Axie Infinity (AXS)?
It is profitable to invest in Axie Infinity coin based on the data from the price prediction. The predictions forecast that investing in Axie Infinity will be profitable for investors over a long period.
Where Can You Buy Axie Infinity (AXS)?
There are several ways to acquire AXS. The most common method is to use an AXS-enabled exchange, such as Swapzone. Users can quickly find the best Axie Infinity (AXS) rates on Swapzone and convert any cryptocurrency to the AXS token.
Swapzone offers the best exchange rates and information on crypto exchange offers and services, allowing you to choose the best and convert cryptocurrency instantly, with low fees and no registration required.
Is Axie Infinity the Future?
According to the overall price movement since the start of the year, the Axie Infinity (AXS) price will climb once more as it has a bright future and will achieve new record prices in the years ahead, giving out a positive AXS price prediction on the chart.
How does Axie Infinity Gain Significance in the Market?
Currently, AXS’s prospects appear promising, and the platform has gained significance due to its community. Its fundamentals emphasize the importance of community in Axie Infinity, and it is motivated to collaborate with the core development team to grow the network. Investors have realized that AXS is a good investment. Axis Infinity’s price is expected to rise, and AXS would undoubtedly be an excellent investment.