will axs reach $100?
*Vs Mana
Axie Infinity is a blockchain-based game where players can fight, collect, and build digital empires for their pets. The game is like Pokémon and Tamagotchi in that it uses non-Fungible tokens (NFTs) to represent unique creatures, abilities, land plots, and other in-game assets. This coin has established itself as a leader in non-fungible token (NFT) gaming, where the AXIE creature is represented by the NFT in the game. This game works on a play-to-earn business model where a player can start this game for free and then get paid to add new features and content.
AXIE Infinity uses blockchain economic design to reward its players for their great performance.
Axie is a trading and gaming platform based on blockchain, which is partially operated by its players. Unlike few other cryptos available in the market, AXS has its utility within its ecosystem.
Below mentioned are two main use cases of AXS:
It means that Axie Infinity has the potential to grow in the future because it is one of the top-performing gaming cryptocurrencies in recent times.
At the start of 2022, Axie Infinity shared its goal of progressively decentralizing its network. The aim of Axie is to work towards an end-state so that the community members can make resourcing decisions for the platform.
Since the announcement, the team is actively performing the necessary steps too.
Thus, it is slowly making progress and now it has more than 700 community members to join the inaugural pilot season of Axie Contributors. Every contributor will soon have access to the newly created “Governance” section in the Axie Infinity Discord.
Therefore, Axie infinity is progressively moving towards its ultimate goal of decentralizing the platform and getting an excellent response from the crypto community (especially the gaming community) too.
Several other factors could impact the price of Axie Infinity (AXS) in the coming years
1. For example, the adoption rate of blockchain technology and NFT gaming is a significant factor in the growth of the platform. Any positive developments in the adoption and use of blockchain technology and NFT gaming could result in an increase in the value of AXS.
The NFT gaming niche is experiencing an upward trend, with almost half of all crypto traders considering it as a viable investment route. There are currently over 500 NFT games for mobile devices in a live playable state, with many more in various forms of testing. The top five most played NFT games in 2022 are Axie Infinity, Splinterlands, The Sandbox, Alien Worlds, and Sorare – Fantasy Football. Alien World was leading the NFT games on mobile with the highest number of users, with an average daily rate of over 225,000 Unique Active Wallets. Third-world countries, such as India, Hong Kong, UAE, and the Philippines, see the most significant appeal in the NFT/play-to-earn games genre.
2. The overall health of the cryptocurrency market. As with other cryptocurrencies, the value of AXS is closely tied to the health of the market as a whole. Factors such as central bank regulations, major hackings, or scams, or economic downturns can impact the overall health of the market and result in a decline in the value of AXS.
One month ago, the number of $AXS holders was 59,638, and today the number is 63,688, meaning that there is an increase of 6.35% in just one month.
Image Source: CoinCarp
No doubt that current modifications in the Axie ecosystem are well received by its community.
Axie Infinity has its own utility and use cases, which makes it a useful coin. Also, the Axie team is actively taking steps to make the platform even better along with fulfilling its long-term goal.
Moreover, after FTX’s crash, crypto users are actively moving towards Defi platforms because they are prioritizing self-custody now. Therefore, Axie has a good scope for growth in the future.
Thus, Axie Infinity has a huge potential to bounce back. But, as the macroeconomic and liquidity factors are not much in favor of the crypto industry, AXS’s price might not get back to the pre-covid levels.
Also, we can see that the current fed rates are also not in the favor of the crypto industry.
Therefore, it needs the current liquidity and macroeconomic factors to ease out for Axie to reach its all-time high price again, which indeed will take more time.
To reach $100, AXS will have to rise 12 times higher. At $100, Axie Infinity’s market cap will be $11.6 Billion. If Axie Infinity were to rise 25% every year, it would take 12 years to reach this levels.
Overall, it is likely that Axie Infinity will reach $100.
Price movements are always one of the crucial factors to determine and predict the price of crypto. Below is AXS’s all-time graph; we can see that the coin peaked at $160.62 in November 2021.
Image: AXS’s all-time graph
AXS’s lowest price was $0.18, meaning that it took nearly 1 year for Axie Infinity to reach its all-time high price of $160.62. Note that, it was almost 892 times growth from its lowest to its all-time high price.
Keeping in mind, its current price of $7.19, we can safely say that AXS’s price has declined by 22.33 times in just 13 months, though it has faced many ups and downs in between.
Considering a growth rate of 892 times (which it showed to reach its all-time value) which it completed in 12 months, we can say that it can grow at a rate of 74.33x in one month.
To reach a level of $1000, AXS requires to grow at a rate of 139.08x keeping in mind its current price of $7.19.
Therefore, it should theoretically reach a value of $1000 within 2 months (keeping in mind its 74.33 times growth in one month). However, it is not the only factor to consider and it is not practical either.
One of the crucial reasons is the difference in macroeconomic and liquidity factors in recent times, compared to earlier times. It means that AXS cannot show a 74.33 times growth in one month, as opposed to the previous years.
Let’s consider its growth from February 2022 to March 2022 to have a relatively more practical approach to studying the price movements. Its price in Feb 2022 was $51.08 and in Mar 2022 was $71.66. meaning that it faced a 1.4 times hike in one month.
It means that to increase by 139.08 times (to reach $1000), it will need nearly 8.17 years, which is again possible only if the liquidity and macroeconomic factors remain similar to this year and if Axie Infinity continues to outperform its competitors.
Note that Axie is currently outperforming Sandbox in terms of the number of active players. Axie Infinity’s number of monthly active players is reported to be 680,144, in comparison to 200,000 players in the case of Sandbox. So, will Axie Infinity reach $1000? Certainly, yes, but not sooner.
For all the latest Axie Infinity News and Announcements, follow this link
Axie Infinity is one of the best-performing metaverse tokens. AXS is the native token of Axie Infinity Network. It is built by Vietnam-based company Sky Mavis for trading resources earned in the Axie Infinity video game.
Like the rest of the tokens, AXS can be purchased by following steps:
Some of the exchanges offering AXS tokens for trade are 1. Binance 2. Uphold 3. Gate.io 4. Coinbase
~Charu Taneja
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.
It was one of the most prominent play-to-earn cryptos to emerge during the metaverse boom, but what is axie infinity (AXS)?
Let’s see what we can find out, and also cast our eyes over some of the axie infinity price predictions that were being made as of 19 December 2022.
One of the most notable crypto-related trends to hit headlines in 2021 was that of The Metaverse. While the idea that people could enter an online world and interact with other people via their computer-generated avatars had been around since the virtual reality craze of the early 1990s at least, it was in 2021 that the concept really started to take over.
People linked up their online spaces with non-fungible tokens (NFTs), the rights to individual pieces of digital art, and despite the fact that metaverse-related coins and tokens seem to have borne the brunt of 2022’s bearish crypto market, they are still a notable sector of the crypto world.
One sector of the metaverse takes the idea that people can buy and sell NFTs to another level. There are some games on the blockchain that allow people to utilise their in-game NFTs to take part in things like battles and challenges, getting the chance to earn both NFTs and regular cryptocurrency tokens in the process.
Since the various kinds of tokens can be traded for a theoretical profit, that means that these games can, again theoretically, make people a profit. This particular sector of games are called, appropriately, play-to-earn, or p2e for short.
One of the most prominent play-to-earn games is Axie Infinity. This game was created by Vietnamese company Sky Mavis and allows participants to compete by battling to collect individual cards representing cartoon monsters. These creatures, called Axies, fight each other, with the winner getting rewards.
These rewards take the form of the two native tokens of the Axie Infinity game, axie infinity shards (AXS), more commonly known as axie infinity, and small love potion (SLP). AXS is the rarer crypto, and therefore it is more valuable. The cards are all individual NFTs, and they can be bought, sold and traded on the game’s marketplace.
As the system’s whitepaper says: “Axie infinity shards (AXS) are an ERC-20 governance token for the Axie Universe. AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes.
“Players will also be able to earn AXS when they play various games within the Axie Infinity Universe and through user-generated content initiatives.”
The site also says that the goal of axie infinity is “to align the incentives between the players of the game and the developers in novel and exciting ways”.
There is one particular issue that we need to address. Axie Infinity first made headlines in 2020, when it was reported that an unspecified number of people in the Philippines were supplementing their incomes by playing Axie Infinity. This was all well and good, but the truth was that the piece in question was written by the director of a consulting firm who represented play-to-earn games, including those by Sky Mavis investor Animoca Brands, in the Asia Pacific region.
Also, the one person named as making money from playing the game’s social media presence appears to be a Twitter feed that started just after the original article was released – which was before AXS was widely traded – and has not been updated since January 2021. That might suggest that the reports may not have been as accurate as some people, keen to display their enthusiasm for crypto as a harbinger of a new industrial revolution, believed, having quite possibly fallen for an unverified, glorified press release.
Even when the ever-changing crypto world moved on, there were still hold-outs who took the piece at face value, giving AXS a prominence it may not have deserved.
One other thing to point out is that the Axie Infinity game’s blockchain, Ronin (RON), fell victim to the largest crypto hack in history in April 2022, when hackers took control of the network and transferred more than $600m worth of crypto into a wallet.
Talking of blockchains, since the AXS crypto itself operates on Ethereum (ETH), that means that it is a token, rather than a coin. You might see references to such things as an ‘AXS coin price prediction’, but such terms are, technically speaking, incorrect.
Let’s now take a quick look at some of the AXS price history. While past performance should never be taken as an indicator of future results, knowing what the token has done previously can help give us some important context when it comes to either interpreting an axie infinity price prediction or making one of our own.
When AXS first came onto the open market in November 2020, it was worth about $0.18. After that, it got caught up in the crypto boom of early 2021 and reached a periodic high of $10.85 on 28 April that year. There was then a dip as the market slumped over the summer, but the news that bitcoin (BTC) had reached record levels later on in the year, coupled with a growing interest in play-to-earn, the Metaverse and NFTs, saw it reach an all-time high of $160.36. That high could not be sustained and it closed the year at $93.30.
While 2021 was a very good year for axie infinity, the same could not be said of 2022. While AXS initially peaked at $97.78 on 3 January, it was downhill to a low of $42.11 as Russia invaded Ukraine on 24 February. There was something of a recovery to $74.37 on 25 March, but it was back down from there, as the Ronin hack and a series of market crashes left it at a low of $11.92 on 18 June 2022.
Although there was a small recovery after that, the collapse of the FTX (FTT) exchange sent the market into turmoil and AXS dropped to a low of $5.84 on 9 November before it made a small recovery which culminated in a high of $9.54 on 6 December. After that, though, it fell back down again and, on 19 December 2022, it was worth about $6.95.
At that time, there were about 99.6 million AXS in circulation out of a total supply of 270 million. This gave the token a market cap of about $690m, making it the 53rd-largest crypto by that metric.
With all that over and done with, let’s take a look at some of the axie infinity price predictions that were being made as of 19 December 2022. It is important to remember that price forecasts, especially when it comes to a commodity as potentially volatile as cryptocurrency, often turn out to be wrong. Also, you should note that many long-term price predictions are made using an algorithm, which means that they can change at a moment’s notice.
First, CoinCodex had a rather gloomy short-term axie infinity crypto price prediction. The site argued that the token could fall to $6.84 by 24 December and continue to drop to $6.42 by 18 January 2023. The site’s technical analysis was bearish, with 22 indicators sending negative signals and just eight making bullish ones.
Next, DigitalCoinPrice made an AXS price prediction that said the token could trade at $7.84 this year, $16.50 in 2023 and $24.44 the year in 2024. By 2025, the site said that axie infinity could potentially be worth $30.15 and stay there throughout 2026 before resuming its rise to reach $35.64 in 2027 and $49.99 in 2028, then potentially closing the decade at $69.75.
The site then made an axie infinity price prediction for 2030 of $97.51, before claiming that it could break through the $100 barrier to trade at a potential $132.99 the following year.
Meanwhile, CoinsKid had an AXS token price prediction that suggested the crypto could close 2022 at $7.09 before possibly reaching $10.61 in December 2023 and $13.60 12 months on from then. The site then went on to make an axie infinity price prediction for 2025 that said it could start the year at $16.17, and then possibly close the year at about $20.98 before closing 2026 at $19.19.
Finally, Wallet Investor was far more downbeat and bearish when it came to making an axie infinity price prediction for 2023, saying that the token was in for a tough 12 months, forecasting it to fall to a mere $0.687 by the middle of December 2023.
When considering an AXS token price prediction, it’s important to keep in mind that cryptocurrency markets remain extremely volatile, making it difficult to accurately predict what a coin or token’s price will be in a few hours, and even harder to give long-term estimates. As such, analysts and algorithm-based forecasters can and do get their predictions wrong.
If you are considering investing in cryptocurrency coins and tokens, we recommend that you always do your own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. Keep in mind that past performance is no guarantee of future returns, and never trade with money that you cannot afford to lose.
Axie Infinity was once the most popular play to earn web 3.0 game which rewards its player in AXS token. Price of AXS token in 2021 skyrocketed from less than 0.20USD to a whopping 160USD in less than one year from its launch. And since then the price has been falling. It is currently trading at 8.42USD (as per April 5th, 2023) and investors are worried if they should continue holding AXS or not?
Let us have a look at AXS price prediction from 2023 to 2030, in order to get a clear picture of the price movement.
While creating the price prediction, we have taken several factors in count, like technical analysis, past price movement, market sentiments etc.
Axie Infinity is a play to earn blockchain game where you not only can earn AXS tokens, you can also breed Axies (NFTs) and sell them for more money.
There was a time when more than 1 million people used to actively play Axie Infinity every day, making it the most well-liked blockchain-powered game to date. However, numbers have reduced in the bear market. As on April 5th, 2023, the total number of 30 days average active users is 382,091.
In order to receive daily rewards, players can gather, breed, and battle Axies. In line with Pokemon, there are nine different classes of Axies, and each class has a distinct edge in combat. Each Axie is unique despite being members of the same species. Each of the three genes—dominant, recessive, and minor recessive—is present in one of the six bodily components that axes have.
Depending on the Axie’s class and the player’s preferred fighting build, each Axie can be bred a maximum of seven times, with some traits being more potent than others. The most likely genes in the progeny of their NFT can be found using the Axie Breeding Calculator.
In the player vs. player arena mode of the game, as well as in the player vs. environment adventure mode, three Axies are required for combat. Tokens for Smooth Love Potion will be awarded to players for winning. Breeding new Axies requires SLP as well as AXS, the game’s native coin. Axie Infinity rewards players for their successes and successful completion of daily objectives with SLP tokens, adhering to the fundamentals of play-to-earn gaming.
Because SLP may be converted to fiat currency and other cryptocurrencies via cryptocurrency exchanges, this incentive scheme is distinctive. Additionally, through the Axie Infinity Marketplace, axes can be exchanged for Ethereum and sold as NFTs.
Axies, which are ERC-721 tokens, and its two cryptos, SLP and AXS, are ERC-20 tokens. Together, these three token types served as the basis for Axie Infinity’s initial core technology.
Since then, Sky Mavis has created Ronin, a sidechain with permissions that works with Ethereum and was created to house the game.Axie Infinity moved to Ronin blockchain in April 21.
The in-game collectibles, axes, pieces of land, and every other item are NFTs that provide safe, censorship-resistant proof of ownership. Being able to always be sold in the game’s marketplace contributes to their value retention. For winning in-game battles, players are awarded SLP tokens.
You could say that this game is the first one where in-game collectibles are actually held by the players. Opening a Ronin wallet and linking it to their accounts is required for players who want to make purchases from the marketplace. Windows, Android, Mac, and iOS users can all play the game.
The use of blockchain technology by Axie Infinity to advance gaming in Web 3.0 is one of its most distinctive features. Even though there have been prior attempts, this is the first game to successfully draw in a healthy, global gaming community.
Theoretically, participants in regular play can generate a sizable revenue. For winning in-game battles, players are awarded SLP tokens. You could say that this game is the first one where in-game collectibles are actually held by the players. Compared to popular MMOs like World of Warcraft, where artificial gold with no real-world value is used as the in-game cash, this is a stark difference. There is no trading, selling, or character transfer available for items or rewards that players gain.
If game company Blizzard decides to ban a player’s account, they risk losing all their possessions and achievements, unlike in Axiom Infinity where these resources are the player’s property. Players aren’t the only ones who prize Axies; investors do too. Because of their scarcity, the mystic axes are valuable, and as more players join, their value will probably rise.
The fact that Axie Infinity is working toward decentralization is another positive feature of the company. Along with slowly transitioning to a DAO, the company is also developing Lunacia SDK, a map editor that enables users to design game types and other encounters and save them as NFTs.
The goal of the Lunacia SDK is to gradually decentralize the game development process. A detailed roadmap of Axie Infinity’s objectives has been made available. All significant previous and upcoming milestones are included in the roadmap, which provides information about how the project is progressing.
The native token for Axie Infinity’s governance is called Axis Infinity Shard (AXS). As of right now, breeding fees can be paid with AXS. The game’s future evolution will be decided by AXS holders, who will also be able to wager their AXS tokens to obtain incentives within the game. Axie Infinity intends to gradually transform into a decentralized autonomous organization (DAO) in order to support community governance.
During the first week of November 2020, Axie Infinity began trading on the Binance Launchpad and was officially launched. AXS’s price increased again after falling below $0.10, rising all the way to $0.46 by the end of November. It’s a shame that this rise was short-lived. The highest AXS price ever was $0.90 in December. AXS pricing continued to decline, reaching $0.54 at the end of 2020. Even though the price of AXS had dropped, since Axie Infinity had first introduced the token, it had increased by 200 percent.
The cost of AXS decreased once again to $0.41 in the first half of January 2021. The AXS increased to a value of $0.81 at the conclusion of the month. Axie Infinity’s price significantly increased in February to $2.38 before dropping back to $1.40 in late February. At the conclusion of the month of March, it surpassed $6 for the first time ever. At the end of April, it reached a new high as it passed the $10 threshold. Then, it went on a protracted bullish run before reaching a new all-time high of $157 on November 6. Then, prices started to drop, and it closed the year at $93 instead.
By the end of January, it had dropped to $47 from the beginning of the year’s bear market in pricing. It increased to $68 during the first week of February before declining once more. Then, as a result of the market’s sharp decline, the price of the AXS token dropped to roughly $7.07. AXS ended the year at 6.04USD.
For April 2023, the Axie Infinity price outlook is bearish. This month’s trade prices may range from $9.19 to $7.72, while in April 2023, AXS is expected to trade in between $7.71 and $5.19. By the end of September 2023, it’s expected that the price of Axie Infinity will have typically go up to $7.91.
Based on the AXS Price Prediction in INR, the maximum price of AXS in 2023 is expected to be 942.24 INR and the minimum price is 352.63 INR.
In 2024, the maximum price is expected to reach 2151.64 INR and the minimum price is 793.85 INR.
In 2025, the maximum price is predicted to be 6237.22 INR and the minimum price is 2301.22 INR.
The maximum price is expected to reach its peak in 2030 with 15641.93 INR and the minimum price is 5771.08 INR.
It is possible to anticipate, based on the statistics, that investing in Axie Infinity over the long term will be profitable. Long-term is defined as the Axie Infinity price estimate for a time frame of five years or more.
Experts predict that Axie Infinity could range between $7.96 and $9.28 in 2023.
Experts predict that Axie Infinity could range between $28.77 and $77.97 in 2025.
AXS could reach 100USD in 2027. Experts predict that Axie Infinity could range between $57.53 and $155.93 by 2027.
Experts predict that Axie Infinity could range between $72.14 and $195.52 by 2030.
After its brutal fall, some investors say AXS is a scam as the price have dropped and does not seem to go up. Well, the price may have gone down by a huge margin, but that does make AXS a scam token. Axie infinity is one of the best play to earn games out there.
Some experts do say the token model of AXS is flawed and is designed to go down with time, and is a PONZI.
However, that is not true, according to us. AXS tried something new, and should stay the market leader in the world of play to earn blockchain games.
The inclusion of gameplay centred around the game’s land NFTs, which let players modify the landscape and create shareable experiences, is the next item on the game’s extensive roadmap.
Axie Infinity will be able to do more than just fight and create monsters thanks to this additional feature.
It could be a good additional to your portfolio, but in very small amount. I personally would not be adding AXIS, but if you are interested, April 2023 could be a good time to add a few coins to your portfolio.
Axie Infinity Price $7.71 Axie Infinity Price Change 24h 1.78% Axie Infinity Price Change 7d -1.99% Axie Infinity Market cap $895,390,717.93 Axie Infinity Circulating Supply 116,136,529 AXS Axie Infinity Trading Volume $20,970,654.96 Axie Infinity All time high $165.37 Axie Infinity All time low $0.12
According to the latest data gathered, the current price of Axie Infinity is $$7.77, and AXS is presently ranked No. 57 in the entire crypto ecosystem. The circulation supply of Axie Infinity is $902,558,704.26, with a market cap of 116,136,529 AXS.
In the past 24 hours, the crypto has increased by $0.21 in its current value.
For the last 7 days, AXS has been in a good upward trend, thus increasing by 1.77%. Axie Infinity has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of AXS has increased by 7.26%, adding a colossal average amount of $0.56 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
According to the technical analysis of Axie Infinity prices expected in 2023, the minimum cost of Axie Infinity will be $9.37. The maximum level that the AXS price can reach is $11.03. The average trading price is expected around $9.67.
Based on the price fluctuations of Axie Infinity at the beginning of 2023, crypto experts expect the average AXS rate of $8.02 in May 2023. Its minimum and maximum prices can be expected at $7.26 and at $8.25, respectively.
Cryptocurrency experts are ready to announce their forecast for the AXS price in June 2023. The minimum trading cost might be $7.88, while the maximum might reach $8.57 during this month. On average, it is expected that the value of Axie Infinity might be around $8.26.
Crypto analysts have checked the price fluctuations of Axie Infinity in 2023 and in previous years, so the average AXS rate they predict might be around $8.43 in July 2023. It can drop to $8.05 as a minimum. The maximum value might be $8.99.
In the middle of the year 2023, the AXS price will be traded at $8.60 on average. August 2023 might also witness an increase in the Axie Infinity value to $9.41. It is assumed that the price will not drop lower than $8.29 in August 2023.
Crypto experts have analyzed Axie Infinity prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $8.94. The lowest and peak AXS rates might be $8.56 and $9.75.
Crypto analysts expect that at the end of summer 2023, the AXS price will be around $9.12. In October 2023, the Axie Infinity cost may drop to a minimum of $8.74. The expected peak value might be $10.20 in October 2023.
Having analyzed Axie Infinity prices, cryptocurrency experts expect that the AXS rate might reach a maximum of $10.56 in November 2023. It might, however, drop to $9.00. For November 2023, the forecasted average of Axie Infinity is nearly $9.30.
In the middle of autumn 2023, the Axie Infinity cost will be traded at the average level of $9.67. Crypto analysts expect that in December 2023, the AXS price might fluctuate between $9.37 and $11.03.
After the analysis of the prices of Axie Infinity in previous years, it is assumed that in 2024, the minimum price of Axie Infinity will be around $13.57. The maximum expected AXS price may be around $16.45. On average, the trading price might be $14.06 in 2024.
Based on the technical analysis by cryptocurrency experts regarding the prices of Axie Infinity, in 2025, AXS is expected to have the following minimum and maximum prices: about $20.74 and $24.00, respectively. The average expected trading cost is $21.44.
The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2026, the minimum AXS price might drop to $30.60, while its maximum can reach $36.04. On average, the trading cost will be around $31.46.
Based on the analysis of the costs of Axie Infinity by crypto experts, the following maximum and minimum AXS prices are expected in 2027: $52.49 and $43.57. On average, it will be traded at $44.83.
Crypto experts are constantly analyzing the fluctuations of Axie Infinity. Based on their predictions, the estimated average AXS price will be around $66.41. It might drop to a minimum of $64.17, but it still might reach $75.46 throughout 2028.
Every year, cryptocurrency experts prepare forecasts for the price of Axie Infinity. It is estimated that AXS will be traded between $91.07 and $110.94 in 2029. Its average cost is expected at around $93.72 during the year.
Cryptocurrency analysts are ready to announce their estimations of the Axie Infinity’s price. The year 2030 will be determined by the maximum AXS price of $162.76. However, its rate might drop to around $134.16. So, the expected average trading price is $138.85.
After years of analysis of the Axie Infinity price, crypto experts are ready to provide their AXS cost estimation for 2031. It will be traded for at least $192.88, with the possible maximum peaks at $236.84. Therefore, on average, you can expect the AXS price to be around $199.82 in 2031.
Cryptocurrency analysts are ready to announce their estimations of the Axie Infinity’s price. The year 2032 will be determined by the maximum AXS price of $336.15. However, its rate might drop to around $286.05. So, the expected average trading price is $296.04.
As of now, Axie Infinity (AXS) price is $7.77 with Axie Infinity market capitalization of $902,370,352.79.
The forecast for Axie Infinity price is quite positive. It is expected that AXS price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
It seems that the average price of Axie Infinity might reach $9.67 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $44.83. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
AXS minimum and maximum prices might hit $9.37 and $11.03 accordingly.
Axie Infinity network is developing rapidly. AXS price forecast for 2025 is rather positive. The AXS average price is expected to reach minimum and maximum prices of $20.74 and $24.00 respectively.
Its Axie Infinity price prediction for 2022 expects it to reach $55 in a year. The site's Axie Infinity price prediction for 2025 is for the coin to surge above $100. The momentum is expected to continue, and in five years' time could be worth $207. There is an even more positive AXS coin price prediction from Gov.
In this guide, we will provide a comprehensive Axie Infinity price prediction. In addition to the short term and long term Axie Infinity price forecast, we will discuss the factors that drive AXS price, as well as the latest important news surrounding the gaming platform and its token.
Cryptoassets are a highly volatile unregulated investment product
Every investment advisor will encourage every potential investor to consider the background of an asset before buying it. In the same vein, we recommend a fundamental analysis of digital assets before investment decisions. Here, we will start with background information before delving into Axie Infinity price history proper.
Axie Infinity can best be described as a trading and battling gaming platform powered by cryptocurrency and partly owned by its player. It is one of the leading platforms in the evolving P2E niche, serving millions of gamers and crypto enthusiasts around the world.
Axie Infinity works by allowing players to collect, breed, raise, and battle with Axies, which are basically token-based creatures or digital pets. There are several Axies in the Axie Infinity gaming metaverse, and they take various forms. In terms of diversity, more than 500 different body parts are available, and Axies can take any form such as aquatic, bird, bug, plant, reptile and even beast. They also come in different rarity categories, including common, rare, ultra-rare and legendary.
Axies in the Axie Infinity ecosystem are valuable because they are NFTs. Players can enter their Axies into 3v3 battles where they can potentially earn experience (exp) points. The points can be used to evolve Axies’ body parts or to level up their stats. Axie Infinity has a native token called Axie Infinity Shards. It’s also the governance token of the platform.
Axie Infinity was reportedly inspired by games like Pokemon and Tamagotchi. It was created in 2018, by Sky Mavis, a Vietnam-based tech-focused game developer co-founded by Trung Nguyen and Aleksander Larsen. However, the Axie Infinity Shards (AXS), which is both the utility and governance token of the network, was launched in November 2020.
When AXS was launched through the Binance Launchpad IEO sale, the price of each token was $0.10. Coingecko started tracking the price of the coin immediately after it was made available on top crypto exchanges, and the first reported price on 4th November 2020 was $0.1457 per token. Two days later, AXS reached its all-time low price of $0.123718 on 6th November 2020.
By 1st January 2021, AXS was trading for $0.537 per token. It grew quickly within the first four months of the year, reaching $10.20 on 1st May 2021. By July 2021, AXS price was growing at an incredible pace. It eventually reached an all-time high price of $164.90 on 6th November 2021.
After slipping from its all-time high price, AXS dropped significantly in the last weeks of 2021. By 1st January 2022, it was already down to $93.58. Its price was affected further by the 2022 bear market, which is why it is trading at such a ridiculously low price now.
Before we delve fully into our Axie Infinity price prediction, here’s a quick summary of what we have covered so far:
It’s pretty hard to argue that Axie Infinity will run into many issues in the future, suggesting that it could make an excellent short-term investment or long-term investment. Here are our Axie Infinity price prediction for the years ahead.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Moving on to the forecast section, how do you expect the Axie Infinity price prediction chart to shape up in the current year, 2023? Knowing that it was a top performer a couple of years ago, it is normal to assume that AXS will perform well this year.
While Axie infinity coin may not be counted among mainstream crypto tokens at the moment, it is still considered among the best cryptocurrency to invest in. This is primarily because the potential for growth is overwhelming.
Axie Infinity is a pioneer and one of the best P2E gaming platforms in the crypto and Web3 space. Just a few years after its launch, it has been able to attract millions of gamers worldwide, most particularly from the Central & Southern Asia and Oceania region. Its player base will likely grow stronger and more evenly distributed in the coming years.
One of the major reasons Axie Infinity has been able to attract many players is because of the earning opportunities it provides. There were reports that gamers in Vietnam and other CSAO countries earned more from Axie Infinity than the minimum wage in their respective countries. This is a true testament to the life-changing opportunities the platform offers.
Considering how high AXS has gone, it is safe to state that it is among the most undervalued cryptocurrency at the moment. This is another major reason why most prediction websites suggest that AXS will rise considerably if the crypto market stays positive this year.
While we believe that AXS price will continue to fluctuate in the coming months, we are also expecting a steady price gain over time. Based on actual market sentiment, our Axie Infinity price prediction for 2023 is $12.85 per token.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Axie Infinity became one of the best altcoins soon after it was launched. Of course, we can assume that this was caused by the obvious hype surrounding the play-to-earn gaming model at that time. However, over the years, we’ve seen that the hype was real in the case of Axie infinity.
At the moment, there’s no disputing the fact that Axie Infinity token (AXS) is one of the best new cryptocurrency to invest in. It grants holders several earning opportunities, whether they intend to play games or just buy the token for profit purposes.
Market factors (demand and supply) will be the greatest drivers of AXS price in 2024. It is expected that the crypto market will recover considerably this year, and build on the momentum in 2024. This is one of the core reasons a majority of prediction websites, including Coincodex, have a bullish Axie Infinity price forecast.
At this point, it’s important to admit that the prices of other digital currencies, including Bitcoin and Ethereum, will influence Axie Infinity price prognosis. However, our Axie Infinity price prediction for 2024 sees the coin reaching an impressive valuation of $30 per token.
Axie Infinity is one of the projects in the crypto space that can attract even people who are not primarily disposed to cryptocurrencies to test the waters. It appeals to active gamers, as well as individuals who are willing to play games to earn money. The project is likely to help to drive crypto adoption, and that is a big bonus and incentive to expect a bullish Axie Infinity long term price prediction.
We also need to consider the fact that Axie Infinity is currently one of the most undervalued crypto assets. For a coin that has crossed the $160 mark to be trading for less than $10, you can deduce that it has been significantly devalued. The last crypto bear market hit the coin in the most interesting ways, and we believe a full recovery is underway.
As an undervalued digital asset, the Axie Infinity coin has what it takes to generate a high return on investment. If you can buy Axie Infinity tokens now, there are chances that they can become a lot more valuable in the next couple of years.
In spite of Axie Infinity’s exploits so far, it is important to point out that it hasn’t reached a worldwide audience. Though there are currently millions of players on the platform, they are majorly from the Asian continent. With time, the popularity of the trading and battling P2E platform will expand into other markets.
When Axie Infinity succeeds in getting people from all parts of the world interested in its games, the popularity of the platform and its native token will soar. This will have a remarkable impact on Axie Infinity long term price prospects.
2025 could be a turnaround point for the Axie Infinity coin/token (AXS). It may not be able to reach the height it set two years ago, but we feel the value of the Axie crypto asset should be somewhere above the $100 mark if events play out the right way.
At this point, you’re probably itching to know our actual 2025 Axie Infinity Price Prediction. You must understand that many factors play key roles in determining the actual price of an asset at any given time. However, our Axie Infinity price prediction for 2025 estimates that the coin can reach as high as $110 per token.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
If you are interested in buying a valuable asset and HODLing for years, then Axie Infinity (AXS) could be a good fit for your portfolio. This section of Axie Infinity long term price forecast will explore the opportunities the coin may present to people who can hold it until 2030.
One of the first important things to keep in mind is that a lot can change in the crypto space in a matter of two years. This also implies that so much can happen within seven years that it’s challenging to predict with certainty how a particular asset will turn out to be in seven years.
Regardless, our research and analytical methods help us determine the possible growth pattern of crypto assets, including Axie Infinity. While our methods are not infallible, they consider all the important factors that can drive the price of an asset.
We’ve already stated that Axie Infinity is a top-performing crypto with the potential to yield high returns. We’ve also hinted that it is one of the next crypto to explode if market conditions turn out to be favorable in the years to follow. The coin will most likely surpass the ATH it set a couple of years ago before 2030.
Why are we so confident that Axie Infinity will succeed? Well, looking at what it has been able to achieve in such a short time, there is no reason to believe that it will not perform even better. It hosts some of the best Web3 games in terms of earning potential. The future is bright.
Before 2030, it is likely that Axie Infinity will grow its player base considerably. The larger the player base, the more valuable the coin will become. A wider geographical coverage will also improve trust and help drive the value of AXS upwards.
Another factor that could drive AXS price upward is the involvement of partners and institutional investors in the project. Axie Infinity can attract many valuable partners in the future, and their potential involvement could push the price further. This forms part of the reasons to believe in Axie Infinity long term positive outlook.
It is possible that Axie Infinity will grow beyond our imaginations before 2030. However, we need to be cautious with our price forecasts. As per our Axie Infinity price forecast for 2030, we expect the coin to rise to about $240 per token.
If you can buy a digital asset and HODle till 2040, then Axie Infinity is one of the best crypto to invest in right now. We've already stated that it is one of the most undervalued crypto and that its price is most likely to rise considerably in the coming years.
One way to understand Axie Infinity’s potential price rise is to consider its price history. Barely one year after it surfaced on major cryptocurrency exchanges, AXS’s price jumped from under $1 to over $150. It was able to generate as high as 7047.46% in ROI (Return on Investment) for early investors.
As it stands, Axie Infinity can be categorized under cheap cryptocurrency to buy now. We believe it will be a bargain buy for most crypto enthusiasts, especially those who can buy and HODLe for several years. The potential profit for those who can wait till 2040 could be mind-blowing.
At this point, we need to reiterate that many uncontrollable factors will contribute to determining Axie Infinity price in the future. As a volatile asset, AXS will continue to fluctuate. However, our Axie Infinity long term price forecast remains positive.
More players will continue to flood the Axie Infinity platform and more investment will continue to pour in as the platform expands. In all, our Axie Infinity price prediction for 2040 projects that the coin can reach as high as $520 per token.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
A volatile asset will always experience bullish and bearish trends. Axie Infinity will not be an exception.
In this section of our Axie Infinity price prediction guide, we’ll summarize AXS’s potential highs and lows for the coming years in a table.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Since we’ve classified Axie Infinity coin as one of the best altcoins, it is important that we discuss its use cases. This section of our Axie Infinity price prediction will focus on the coin’s current and potential use cases:
As the native token of the Axie Infinity ecosystem, AXS is primarily used to settle all kinds of transactions within the ecosystem. It can be used to pay for transactions, as well as gas fees.
As the Axie Infinity ecosystem expands, AXS use cases will also expand. Of course, this singular fact will always have a positive impact on AXS price prognosis.
Most top cryptocurrencies you can buy now can be used as a method of payment. Bitcoin and the majority of other digital assets are now readily acceptable as payment methods, and Axie Infinity coin is not an exception.
Making payments with AXS shouldn’t be challenging at all. Once the other party agrees on its value and accepts to be paid with the crypto, making a transfer is always straightforward.
Most cryptocurrencies can be staked, including Axie Infinity coin. The AXS token is primarily staked to help secure the network and yield returns for the holder.
Staking involves locking up a digital asset for a specific period. It is one of the best ways to generate passive income with crypto, and the holder doesn’t even need to sell to generate income.
Axie Infinity Shards (AXS), also called the Axie Infinity coin or the Axie Infinity token also serve as the governance token of the network. This implies that it bestows governance right on holders/investors.
As the governance token of the Axie Infinity ecosystem, AXS gives every holder the right to vote on proposals that will shape the future of the network. It improves trust in the system and allows the real owners of the network (token holders) to determine how it is run.
Every digital currency, including Axie Infinity token, is an investment vehicle. This is because they all can be bought and sold for economic reasons. Buying AXS and selling at a different time in order to generate profit or grow wealth means you are using the coin as an investment vehicle.
As more individual and institutional investors/traders continue to buy AXS, we expect Axie Infinity future price to continue to rise too. If it improves significantly, it may be considered among the best coins to buy as an inflation hedge.
Axie Infinity is an NFT-based online video game and is arguably the most successful blockchain video game so far. Supposedly inspired by Pokémon, the idea of the game is to collect digital pets called ‘Axies’ which can then be raised and traded and even battled with one another.
AXS is one of two ERC-20 tokens used by Axie Infinity, the other being SLP. AXS stands for ‘Axie Infinity Shards’ and SLP stands for ‘Smooth Love Potions’.
Some of Axie Infinity’s rivals include:
AXS acts primarily as a governance token, allowing holders to participate in the decentralised organisation (DAO) by voting on how the platform develops. Each ‘Axie’ in Axie Infinity is an NFT (non-fungible token) and is given value by the AXS inside. Meanwhile, SLP, Axie Infinity’s other token, is collected during gameplay.
Some of Axie Infinity’s benefits include:
Axie Infinity was created by Sky Mavis, which is led by Trung Nguyen, Aleksander Larsen, and Viet Anh Ho.
Via Binance Launchpad, Axie Infinity raised $2.97 million in an initial coin offering (ICO) that ended on the 4th of November 2020 and has been active ever since.
Axie Infinity is the biggest blockchain game to date with up to 5 million players. At the very highest, Axie Infinity had up to 8.3 million one-time players in December 2021.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
There are good chances that the Axie Infinity coin will become a lot more useful in the future. As it stands, this digital currency is used for both gaming and investment purposes. Its use cases can expand, and we believe this possibility should have an impact on this Axie Infinity price prediction guide.
The Axie Infinity gaming metaverse already has several rewarding games and we know that better games will hit the platform in the future. Axie Infinity can also improve its offerings in many ways and offer more use cases for its token. This will help drive AXS price upward.
In addition to what could happen within the Axie Infinity ecosystem, future crypto investment options will also affect AXS price in the future. The emergence and popularity of Crypto ETFs, for instance, can have a meaningful impact on AXS price forecast in the near future.
Considering how fast the crypto industry is developing, there is no limit to what could happen within the Axie Infinity ecosystem in the next decade. While being cautious, we can assert that the value of AXS will most likely skyrocket in the coming years.
Valuable crypto assets like AXS will benefit from any other crypto market bull run. Being one of the newest cryptocurrencies and next crypto to explode, Axie Infinity coin (AXS) will benefit significantly from the next Bull Run.
Demand and supply are considered the most significant determinants of price, regardless of the asset class. However, there are other factors that can drive the price of Axie Infinity coins, and we’ll briefly discuss them below:
Axie Infinity is already a bubbling gaming and trading platform. Activities within the ecosystem will continue to drive the price of the coin upwards, and this is one of the major reasons our Axie Infinity price prediction remains bullish.
With time, we believe several updates and upgrades within the Axie Infinity ecosystem will add value to the network and the native token too.
It’s almost impossible to separate cryptocurrency and social media. Most crypto enthusiasts are on different social media platforms and their discussions and interactions always have a significant effect on the prices of assets.
We also know the roles Social media play in crypto marketing. Most crypto teams depend on platforms like Telegram, Discord, Twitter and the rest to reach and engage their user base. It is understandable, therefore, that Axie Infinity long term price prospects can be impacted by social media.
Crypto adoption is growing at a decent pace and we know that it can have a meaningful impact on the prices of assets, including mainstream crypto assets and new altcoins like AXS. Of course, there is a multitude of factors that drive crypto adoption, and a favorable market condition is the most influential.
It is safe to say that crypto is slowly going. El Salvador, for instance, has already adopted BTC as a legal tender and it’s been working perfectly fine for the country. With time, others will follow, and growing adoption will help to drive Axie Infinity long term future price, among other cryptocurrencies.
Crypto regulation is another major force that can affect how the prices of assets turn out in the future. World leaders are already debating crypto regulation, and it remains to be seen what the impact of regulations will be.
A digital asset like AXS may not have any serious issues in the face of crypto regulation. Being one of the most valuable crypto assets even as it is still undervalued, AXS could soar high in the face of favorable market conditions and regulations.
Play-2-Earn gaming is becoming more popular. Axie Infinity is one of the biggest players within the sub-niche, and we anticipate serious growth in the coming years.
As the P2E niche continues to grow, projects like Axie Infinity will most likely upgrade and offer better experiences for users. That alone is one of the reasons to expect a bullish Axie Infinity price prediction for the years ahead.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Before we conclude this Axie Infinity price prediction guide, it’s crucial that we provide you with some relevant, latest news. Without further ado, here are some noteworthy developments and news stories surrounding Axie Infinity:
Axie Infinity appears to have struck a chord with the world’s gamers and with a user base of over 2.3 million recorded, it certainly seems there is demand for the platform. Of course, whether or not this makes for a good investment over the next five to ten years remains to be seen, but both of the Axie Infinity tokens have proven their ability to undergo significant growth.
Based on the Axie price prediction that we encountered, it would appear that Axie Infinity Shards present the better investment opportunity overall, as analysts are almost unanimous in predicting growth for AXS, whereas Smooth Love Potion appears to have received mixed forecasts.
It’s also worth bearing in mind that people can get tired of playing the same games unless they have incentives to keep playing - and that doesn’t just mean the opportunity to earn cryptocurrency. The continued success of Axie Infinity over the long term will require the developers behind the platform to keep innovating to maintain user interest.
Axie Infinity is certainly a worthy consideration, but it should be seen more as an option for short-term diversification and an investment that needs to be closely monitored. If you do choose to invest in AXS, make sure you are familiar with the key fundamentals of the gaming industry, as well as the technical particulars of Axie Infinity.
As we’ve seen, you effectively have two options if you want to invest in Axie Infinity - Axie Infinity Shards or Smooth Love Potion. Realistically, most investors are going to go with AXS as it is the more stable investment, not to mention being more widely listed than its sibling.
If you’re new to cryptocurrency investment then the first thing you’ll need to do is find a broker that can give you access to the market. We recommend eToro for most users, as it is a trusted brand with a reliable trading platform. It also happens to list Axie Infinity Shards.
Opening an account takes just a few minutes and once you complete verification you’ll have full access to your chosen cryptocurrency, as well as numerous articles and news feeds to keep you up to date with the industry.
In this guide, we’ve presented a comprehensive Axie Infinity price prediction for intending traders/investors. We started with background information before discussing short term and long term Axie Infinity price forecasts. We also discussed the coin’s utility and future potential.
Based on everything we’ve covered, you can tell that Axie Infinity is one of the best altcoins to buy now. We also suggested that eToro is arguably the best platform to buy Axie Infinity, other cryptocurrencies, as well as other asset classes like stock and Forex.
In conclusion, it’s important to understand how the Axie Infinity price could shape up in the future before buying. Our Axie Infinity price forecasts were majorly bullish, which means it could be a good buy at the moment. However, you should dig deeper before buying any volatile asset.
All in all, Axie Infinity looks like it’s got a great decade ahead of it. That said, investors should be cautious of how tied Axie Infinity’s value is to the success of NFTs.
There is a possibility that NFTs may struggle if there is unfavourable regulation placed on them in the coming years. Though this will likely be more of an issue with artwork than gaming NFTs where it can be said they are harder to duplicate and serve more utility.
While the future of NFTs may be uncertain at this point, you cannot argue with the popularity of the Axie Infinity game and play-to-earn gaming. With blockchain gaming expected to increase, Axie Infinity is best-positioned to increase. It could also steal a lot of the Pokémon Go crowd from a few years ago.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Cryptoassets are a highly volatile unregulated investment product.
