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Information about Axie Infinity (AXS)
Axie Infinity is a fighting game built on the blockchain platform. In Axie Infinity, players collect and nurture imaginary creatures called Axies. Players do missions to collect Axies, team up to fight, and trade Axies with other players. Axies are encrypted into NFT and recorded on the Ethereum Blockchain network so that the player’s ownership of Axie is safe. The Axie Infinity ecosystem simultaneously works with 2 tokens, AXS and SLP. Simply put, AXS is the governance token that supports system operations and SLP is the currency used in the game.
AXS is the cryptocurrency used in the entire Axie Infinity gaming platform, with the following primary purposes:
In addition, AXS is also considered an investment asset in the crypto market, helping participating investors find profitable opportunities and share benefits from the business activities of the Axie Infinity platform.
News
The metaverse is witnessing a decline due to the rise of generative AI technologies. Investments by companies like Meta have not yielded expected outcomes, leading to doubts about metaverse’s future.
Despite challenges, tokens like MANA, SAND, and AXS show resilience. Investors with strong conviction see these as undervalued opportunities and community-focused platforms may drive future success.
Sky Mavis revealed a trailer for Atia’s Legacy, a new MMO in the Axie universe. This game promises enhanced gameplay, including 3D combat features and mini-games, as part of Sky Mavis’ strategic plans after recent team downsizing.
The company has introduced a referral program enabling players to earn AXS tokens for successful referrals. Moreover, positive momentum in the NFT market is seen with recent SEC rulings, indicating a favorable outlook.
The price prediction for AXS in 2024 uses technical analysis with various indicators to analyze price movements. AXS’s maximum price is forecasted between 8,973 USD and 14,035 USD, with the potential to reach 20 USD. The lowest projected price is 3,566 USD. Currently, AXS is priced at 7.74 USD, increasing by 6.69% in the last 24 hours, with a market cap of 1.19 billion USD.
Axie partners with Philippine taxi app Grab
Axie Infinity stated that they will cooperate with the Filipino ride-hailing software Grab to provide additional benefits to Filipino users.
Players can earn Grab points by accessing the Merch Store through the Grab app, and can also purchase discount codes for certain items from the Merch Store.
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