$AXS As of November 17, 2024, the price of Axie Infinity’s AXS token is $5.688. The sentiment in the market is cautiously neutral to slightly bearish, primarily due to ongoing challenges in the gaming sector and the large percentage of the token supply yet to be released. This could put downward pressure on the price, especially if the adoption of Axie Infinity and its game mechanics don't experience substantial growth.
However, analysts remain optimistic in the longer term, with predictions for 2025 ranging from $14.79 to $19.07. Some projections suggest that AXS could see a boost after 2025 due to the continued expansion of blockchain gaming.
**Target Price**: $14–$16 in the next 12 months.
**Buy Price**: Around $5.50–$5.80, considering current levels of support.
**Current Price**: $5.688.
Given the potential for long-term growth with blockchain gaming, a strategic entry point seems favorable around the current price range, with a view to holding through market volatility.