![]() ![]() The cryptocurrency market has been flashing red since the start of the day, weighed down by mounting concerns about an interest rate hike. Bearish Crypto Market & Stronger US Dollar Therefore, the recent initiative that has increased trading activity and the token’s price may provide the much-needed boost for a better new year for the native token of Axie Infinity. Price reached a high of $8.84 and a slight correction followed afterwards. This was due to the latest news regarding 'Axie Contributor Initiative’, a progressive decentralization strategy built around the #AxieInfinity community. $AXS had a 28% price jump in the past 24 hours. Axie Infinity recently announced its “Axie Contributor Initiative,” which will promote its progressive decentralization strategy with the Axie community by forming an “Urban Planning” team, community councils, decentralized community treasury governance, and other initiatives.Īs a result, AXS’s weekly chart showed double-digit increases, with its price increasing by 24% in the last seven days.rogressing: Axie Infinity | #AxieOrigins December 5, 2022ĭecentralization of Axie Infinity is ProgressingĪnother important factor supporting the Axie Infinity coin price is the Axie team’s positive statement. We’ve penned an article laying out the vision for a crucial part of our ecosystem: Axie Core.Īxie Core is eternal and not tied to one particular game it’s the universal Axie experience and aesthetic. “The goal of Axie core is to strengthen the emotional bond between you and your axies.” What is Core all about? Get more alpha from ?Īs a result of the good market reaction to this news, AXS surged from $7 on Sunday to over $9 on Tuesday.Īxie Core is the Axie experience that is eternal and not tied to one particular game it’s the universal Axie experience and aesthetic,” Substack writes. ? Axie trading volume shot up 800% to $10.4 million after the team released their first details about Axie Core! The Axie Infinity team outlined the “Axie Core” idea on Monday.Īxie Infinity’s future roadmap featured information on character accessories, breeding, and avatar images focused on collectability to foster emotional ties to the company. Axie Infinity Latest Update “Axie Core”Īxie Infinity has generated some excitement in the cryptocurrency industry due to an update to the project’s strategy for the future. It has a total supply of 270,000,000 AXS coins and a circulating supply of 100,564,114 AXS coins. Axie is now ranked #50 on the market, with a market capitalization of $842 million. Axie Infinity had a 0.15% increase the day before. ![]() The current price of Axie Infinity is $8.37, with a 24-hour trading volume of $197 million. I'm looking forward to being part of whatever comes next! Let's keep building ?️ Today, a group of over 600 dedicated and impactful community members have been gathered together to help shape the future of been an honor to play a role in this early process. According to “Artic,” an Axie Infinity missionary, “today, a group of over 600 devoted and significant community members have been gathered together to help build the future of Axie Infinity.” ![]() However, the blockchain-based game Axie Infinity has recently made a remarkable statement, one of the key factors that kept the AXS prices higher. ![]() AXS, which has a market valuation of $842 million, has also risen in the ranks of cryptocurrencies and is currently the 50th biggest cryptocurrency in the world. In addition to the price increase, there has been an increase in trading activity due to traders profiting from the recent volatility. Axie Infinity is essentially a Pokémon-like game that uses public blockchain NFTs and the AXS currency, both of which may be used as in-game assets or exchanged outside the Axie Infinity ecosystem.Īxie Infinity’s native token, AXS, which allows players to buy fantasy creatures called Axies, increased by 24% over a week. DropTown Saloon – Welcome! ? December 6, 2022ĪXS is a play-to-earn cryptocurrency game. AXS’s weekly chart shows double-digit gains, with the price increasing by 24% in the last seven days.īitcoin Price and Ethereum Have Given Up Earlier Gains Axie Infinity Jumps 30% – #Crypto #CryptoNews #CryptoTrends #NFT #NFTNews #NFTRelease #NFTDrop #AltCoin #AirDrop #NFTProject #NFTArtist #NFTCommunity #CNFT #CNFTCommunnity /H2Q6OmMvfx Join Our Telegram channel to stay up to date on breaking news coverageĪxie Infinity, a blockchain gaming token, is one of the cryptocurrency assets seeing massive gains as the crypto market gradually returns to green after weeks of uncertainty due to the FTX breakdown. ![]()
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