
What is Axie Infinity?
AXS, an ERC-20 token, is the native cryptocurrency of Axie Infinity. Axie Infinity is a platform that hosts Axie NFTs, built on the Ethereum blockchain, and combines the popularly known Pokemon and Cryptokitties. It was launched in 2018 by Vietnam-based startup Sky Mavis. The AXS token can be traded, purchased or earned by playing the game. To play the game, you need three Axies to form a team, which might become a barrier for some users in the first place due to the price. These Axies are game characters that you own and control. The cheapest Axie is worth 0.03 ETH. However, winning a game would require good team synergy involving elements such as Axies stats and cards.
Players win by competing in PVP battles to win leaderboard prizes which go up to $30,000, or breeding Axies and then selling them on the marketplace, or battling against other Axies to win Small Love Potion tokens (SLP). Players can also collect and speculate rare Axies. The principle behind the game is play to earn, which is the most interesting aspect of the game. Users will soon be able to stake their AXS tokens on the protocol (Q3 2021) to receive regular rewards as a form of passive income.
Axie Infinity (AXS) is the 42nd largest cryptocurrency in the world by market cap, valued at $1,234,421,791. The current price of Axie Infinity is $10.71, which is -9.759% lower than yesterday. Prices have ranged between $11.96 and $10.66 over the past 24 hours. All prices are listed in US dollars and accurate as of January 31, 2023 03:01 UTC.
Recent Axie Infinity developments
Axie Infinity (AXS) price
Use our graph to track the performance of (AXS) over time.Axie Infinity at a glance
Coin symbol | AXS |
---|---|
Coin Marketcap | US$1,234,421,791 |
Total AXS supply | 270,000,000 |
Circulating AXS | 115,138,200 |
Current price | US$10.71 |
All time high | US$164.90 |
All time high date | November 06, 2021 |
Notable team members | Trung Nguyen, Aleksander Larsen |
Partnerships | MakerDAO, Aave, Digix |
Industry | Gaming |
Token uses | Governance |
Network | Ethereum |
Axie Infinity price performance over time
Historical prices compared with the price of US$10.71.
1 hour | -0.42% |
---|---|
24 hours | -9.76% |
7 days | -12.99% |
14 days | 19.33% |
30 days | 76.90% |
---|---|
60 days | 56.37% |
200 days | -22.98% |
1 year | -80.17% |
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Disclaimer: Cryptocurrencies, including Axie Infinity, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of AXS is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Axie Infinity or any other cryptocurrency discussed.
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