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- AXS prices must close above $150.
- Famous games like Pokémon and Tamagotchi inspire the platform.
- The crypto recorded an over 112% growth rate in the past 30 days, an uptrend position.
A quick technical, as well as analysis of the price of Axie Infinity, is shown below. In this section, FXStreet’s analysts assess what AXS needs to continue rising.
Only technical analysis has been used to get this Axie Infinity (AXS) price prediction for 2021. You will be able to view the significant indicators that we considered while developing our AXS price analysis and forecast in the next section.
Axie Infinity is a trade and combat game that is partly owned or controlled by its users. It is based on blockchain technology. Furthermore, the platform was influenced by popular video games such as Pokémon and Tamagotchi. However, it does allow players to acquire, breed, raise, combat, and trade Axis, which are token-related creatures that may trade.
More importantly, these Axies may take on a variety of shapes and sizes, with over 500 distinct body parts to choose from, including aquatic, beast, bird, bug, plant, and reptile parts, among others. Features from each kind of class are available in four different rarity ratings, which are as follows: common, uncommon, ultra-rare, and legendary. Particularly noteworthy is that the Axies may have any mixture of bodily parts, making them very varied and frequently unusual and unique.
Axie Infinity (AXS) has maintained its position as one of the most active cryptocurrencies in the cryptocurrency market. To put it another way, according to CoinGecko, bitcoin is now one of the top 50 most valued cryptocurrencies.
Furthermore, the cryptocurrency saw an increase of almost 112 percent in the last 30 days, indicating that it is in an upswing. AXS has recovered from its bearish drop on July 26 and is currently trading at a high price of $69. As a result of this, AXS has experienced a 17 per cent improvement in performance over the last 14 days. If this upward trend continues, AXS might set a new all-time high in a short period.
Each Axie is a non-fungible token (NFT) with a unique set of characteristics and advantages. Also available are 3v3 bouts, with the winning side receiving different experiences (exp) points, which may be utilised to level up an Axie’s stats or evolve the body parts of the Axie’s opponents. Axies may be mated together to create new and unique offspring, which can then be utilised or sold on the Axie market.