A multitude of recent articles offer divergent analyses about Axie Infinity and its proprietary AXS Coin. Positive viewpoints highlight the coin's potential to reclaim former highs by 2025 and the fact that AXS users in Singapore can reportedly make payments in digital currencies. Increasing investor anticipation and AXS price rallies following games' meta-narratives and Coinbase Pro listings contributed to the coin's attractiveness. Conversely, several reports cast a shadow over AXS prospects, suggesting price drops, with some even prophecizing that the coin's price could plummet to zero due to speculation it may be classified as security by SEC, amidst reports of Axie Infinity CEO moving tokens ahead of a $625M hack. Despite maintaining a range since August, AXS was hit hard in the market storm created by Bitcoin's flash crash. There are possibilities of a Turbulent 2024, notably due to potential competition from other metaverse and GameFi projects. Amidst all these events, AXS Coin has been seen as a viable staking option and even despite major losses, it managed an all-time high.
AXS Coin News Analytics from Wed, 04 Nov 2020 13:27:01 GMT to Sun, 08 Dec 2024 08:00:00 GMT -
Rating -3
- Innovation -1
- Information 0
- Rumor 2