Is Axie Infinity Still Profitable in 2023?Īxie Infinity universe offers many benefits, but the year 2022 was not the best for the cryptocurrency market. However, the future price of Axie Infinity (AXS) is expected to recover slowly and steadily. After hitting the ATH, the token corrected massively and reached a single-digit value.
The Axie Infinity’s price stands around $6.90, with an all-time high and low of $165.37 and $0.1234, respectively, in the crypto market.Īxie Infinity has a current circulating supply of 116,939,046 AXS, and the founders of Axie Infinity are highly optimistic that being a leader, the mass adoption of Axie Infinity has a lot of promises to behold for its fans as per their technical analysis.Īccording to technical analysis, AXS tokens have been trading extremely bearishly. With a market cap of $807,073,347 and a trading volume of $31,366,767, Axie Infinity’s current price action reflects a decent recovery. Axies entirely focuses on offering users the benefit of efficient data transfer that would make their gaming and transactions fast and flawless, thereby justifying its paradigm role in the digital eco-space. They also came in packages, be it redundant costs, speed, or roleplay of middlemen. In a unique way, the Axie Infinity protocol has also contributed to eradicating the challenges of blockchain being data accessibility. Designed to address various bottlenecks in finance, Axie Infinity (AXS) is set to make lives more empowered and expeditious. Users can own the native Axie Infinity of the Axie marketplace, collect them, and utilize them across an ever-expanding universe of games!Ĭonceptualizing the Axie Infinity protocol has brought one more fact to the limelight: the advantages of blockchain go beyond borders and the limitations of just the finance sector. On the one hand, the Axie universe symbolizes a gaming and entertainment era on the other, it reflects a social responsibility value wherein it creates employment opportunities for the masses and builds an ambiance of a strong community carving the roadmap to a sustainable platform. Hence, this may boost the overall growth of the Axie ecosystem and ETH, as per our Ethereum price prediction. Monster-battle (Non-fungible token) NFT games have gained tremendous popularity worldwide. Players can earn the AXS crypto by playing the game, and the tokens can then be traded on some crypto exchanges. AXS is a token used in a blockchain-based game where users can collect and build using cryptocurrency. There are infinite ways of earning Axie, but being a part of cutting-edge technology, i.e., Blockchain rewarding players for engagement, is entirely unheard of in the world of Axie Infinity.Īxie Infinity ecosystem is built on the Ethereum blockchain. Being founded by Sky Mavis on the benefits of the gaming, crypto, and blockchain industry, Axie Infinity is built on Ethereum (ETH) network.
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