Axie Infinity (AXS) has been a topical subject in the cryptocurrency landscape. From climbing 35% to 40% in short intervals, AXS coin has demonstrated significant volatility and potential for growth amidst the meme coin phenomenon. Nevertheless,
warnings about an
upcoming bearish event and a token unlock worth $15M bring uncertainties into its future. Analysts have noted that it is engaging in competition with Blockchain gaming altcoins and other projects.
Cryptocurrency users and investors continue to keep a close eye on AXS for potential surge, despite a flash crash along with other gaming tokens. Some experts argue that it's not too late to buy AXS, citing its ongoing development and innovation. AXS users can make
payments in digital currencies in Singapore, further expanding its practical usage.
However, AXS also faces legal challenges, with
Binance delisting major trading pairs including APT and AXS pairs, allegedly due to legal challenges. Alongside this, it's reported that AXS Price could be available at zero after the
SEC lawsuit labeled AXS as a security. The future of AXS could be impacted by these circumstances while
Axie Infinity's latest season is set to stimulate AXS' declining fortunes, however, its token unlock is speculated to be a roadblock.
AXS Coin News Analytics from Wed, 04 Nov 2020 13:27:01 GMT to Thu, 29 Aug 2024 07:00:00 GMT -
Rating -3
- Innovation 8
- Information 8
- Rumor -2
