Axie Infinity Price (AXS)

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1 AXS =$6.27Last updated:
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Price of Axie Infinity (AXS) today

As of the latest data, Axie Infinity (AXS) is currently priced at $6.29 with a market capitalization of $1.13B. The 24-hour trading volume stands at $98.81M, The circulating supply of Axie Infinity is approximately 145.37M. The cryptocurrency has seen a -5.62% decrease in value over the past 24 hours.

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About Axie Infinity (AXS)

Axie Infinity is a digital pet universe where players can battle, raise, and trade fantasy creatures known as Axies. It is the first blockchain game to introduce a mobile application, allowing users to engage with the game on the go. One of the unique features of Axie Infinity is the ability for players to earn money simply by playing the game, providing an innovative way for gamers to monetize their gaming experience. With a focus on blockchain technology, Axie Infinity offers a new and exciting gaming experience that combines elements of strategy, collectability, and financial incentives. The asset's website provides further information and resources for those interested in exploring the world of Axie Infinity.

How does Axie Infinity work?

Axie Infinity (AXS) is a decentralized blockchain-based game that allows players to collect, breed, and battle fantasy creatures called Axies. The game operates on the Ethereum blockchain, enabling peer-to-peer transactions and ownership of in-game assets through smart contracts. Players can earn AXS tokens by participating in battles, completing quests, and trading Axies on the marketplace. The game uses a proof-of-stake consensus mechanism, allowing players to stake their AXS tokens to secure the network and earn rewards. Axie Infinity's unique features include a play-to-earn model, where players can generate income by playing the game, and a vibrant community that collaborates and competes in various in-game activities. The game's use cases extend beyond entertainment, with potential applications in education, art, and virtual economies, showcasing the versatility and innovation of blockchain technology in revolutionizing traditional financial systems.

How to keep your Axie Infinity (AXS) safe?

To keep your Axie Infinity (AXS) safe, it is recommended to utilize hardware wallets such as Ledger for enhanced security. These wallets provide an extra layer of protection by storing your private keys offline, making it harder for hackers to access your funds. Additionally, trusted platforms like Nexo, Coinbase, and YouHodler offer secure storage options and insurance coverage for your assets, giving you peace of mind knowing that your AXS tokens are safe from potential threats. By utilizing these platforms and wallets, you can ensure the safety and security of your Axie Infinity holdings.

Sentiment about Axie Infinity (AXS)

Social media platforms are indicating a positive sentiment towards Axie Infinity. The sentiment score, which represents the balance between positive and negative posts weighted by interactions, is broken down as follows:

• Reddit posts show 73%

• YouTube videos show 82%

• TikTok videos show 77%

• On X (formerly Twitter), sentiment towards Axie Infinity varies. Approximately 49.98% of tweets express bullish sentiment, 16.5% express bearish sentiment, and 33.52% remain neutral. These sentiments are based on 147.06K tweets.

These findings are based on a total of 201.56K interactions over the last 24 hours, involving 421 unique social contributors to the topic.

This aligns with Axie Infinity's market performance; it is currently priced at $6.36 with a market capitalization of $1.13B.

In addition, in the last 24 hours, the price decreased by -5.25%. Market data suggests a bearish sentiment, indicating a negative outlook for the cryptocurrency.

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