Axie Infinity's native cryptocurrency, AXS, has been experiencing significant growth. As of December 6, 2024, the price has risen to $9.43, marking a 19.97% increase over the past week and a remarkable 105.87% surge in the past month. This uptick has been driven by growing market interest, strong trading volumes of over $387 million in 24 hours, and renewed optimism in the crypto gaming space!
Despite still being far from its all-time high of $164.90 in November 2021, AXS has been steadily recovering from market lows. Analysts predict further potential gains, with price targets ranging between $15 and $50 for 2025 depending on market conditions and gaming sector growth
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