$AXS
$5.68 USD, down ~0.7% over the past 24 hours.
$871.87M with a circulating supply of 153.47M tokens.
Approximately $97.73M in the past 24 hours, showing reduced market activity recently.
AXS has seen mild recovery in recent days, increasing by 6% over the past week, outperforming the general crypto market. However, its trading volume has declined, signaling market caution.
The token remains 96% below its all-time high of $165 recorded in November 2021, which reflects the broader decline in interest in GameFi and metaverse projects.
Gaming and Metaverse Integration: AXS serves as the governance token for Axie Infinity, a popular blockchain-based play-to-earn game. With the continued adoption of gaming and metaverse-related technologies, the demand for AXS could grow.
Token holders can earn additional AXS through staking and participate in governance decisions, providing a utility-driven investment opportunity.
With 153M tokens currently in circulation out of a maximum 270M, AXS's limited supply could enhance its value in bullish market conditions.
Projected to reach ~$5.97 USD.
Could grow to ~$7.61 USD under optimistic scenarios, reflecting gradual but steady progress.
AXS’s recovery depends on broader crypto market trends, increased user engagement in Axie Infinity, and innovation within the play-to-earn space. As GameFi projects regain momentum, AXS could capitalize on its established position in the sector.
Consider AXS a speculative investment tied to the success of blockchain gaming and metaverse adoption. Its price growth may be slow but steady in the long term, assuming these industries expand as anticipated.