Axie Infinity (AXS), a play-to-earn cryptocurrency, has been a hot topic recently. The future potential of AXS with its price predictions reaching $10 by 2030 invokes big talks. However, the
SEC lawsuit expanded, declaring AXS, along with FIL, ATOM, as securities cloud its prospects. With the GameFi revolution, AXS found its place, with its price being analyzed alongside other tokens like GALA, SAND, to see its rally back to all-time highs. The observed rivalry with
Decentraland (MANA) brought contrasting crowd backing views. Huge tokens unlock in October for IMX, APT, AXS and more was seen as significant market activity. Yet, AXS took a hit in Singapore, with
Binance delisting it over legal challenges, causing the digital currency to nurse losses. Conversely, AXS users in Singapore can now make digital currency bill payments. Amid the GameFi future projections, AXS holds a significant stance with its
massive potential gains and
partnership with Triple-A to innovate digital bill payments. Yet, experts warn against some altcoins, including AXS, impacting its innovation rating negatively. Traders seemed unswayed by Axie Infinity hype, aggressively shorting AXS, suggesting bearish expectations. Nonetheless, AXS has shown a massive upswing with a huge
700% rise from June lows. Yet, its profitability hit a historic low, triggering questions on prospective holder recovery. AXS though hopes for a rebound with imminent token unlock and initiatives like staking, which propelled the coin to new all-time highs before.
AXS Coin News Analytics from Wed, 04 Nov 2020 13:27:01 GMT to Mon, 21 Oct 2024 22:00:05 GMT -
Rating 0
- Innovation 2
- Information 8
- Rumor -4
