Axie Infinity's AXS Coin, a key driver of the exploding GameFi sector, continues to draw attention as its performance oscillates. It hit significant highs, with about 700% gain from June lows and
new all-time high price levels, pushed by massive token airdrop, AXS staking, and imminent token unlock. Some experts predict AXS Price to reach up to
$10 and beyond by 2024 or 2030, while others predict a dramatic
96% price drop. Amid these extremes, the gaming token also positioned for recovery from all-time lows, hinting at correction and consolidation phases.
On the regulatory front, events like the
SEC expanding its Binance lawsuit to include AXS as security impacted the coin's performance. Moreover, platforms started enabling AXS payments, demonstrated by Singapore AXS users making digital currency payments. Slight negativity also came in the form of Binance
delisting APT, AXS, FIL, among others.
Axie Infinity's AXS was included in high ranking lists of top cryptocurrencies, gaming cryptos, altcoins, and play-to-earn cryptos to watch and buy. However, despite the coin's boom, some experts advised against buying AXS Coin, highlighting alerts and bearish events for the token. Furthermore,
AXS Coin made strategic partnerships and launched programs such as the digital currency bill payments services and bug bounty programs in Singapore.
AXS Coin News Analytics from Tue, 27 Oct 2020 08:24:27 GMT to Mon, 14 Oct 2024 14:01:43 GMT -
Rating 3
- Innovation 7
- Information 8
- Rumor -2
