Buying Axie Infinity (AXS): value and trends (2024)

Why buy Axie Infinity (AXS)

One of the main reasons to buy AXS, the token of Axie Infinity, is that it’s the cryptocurrency of one of the most famous play-to-earn games ever created. This crypto, built on the Ethereum blockchain following the ERC-20 standard, is unique among its peers. It serves as both a utility and governance token, essential for playing Axie Infinity and for participating in decisions about the game’s future. Moreover, it can also be staked to earn rewards.

If you’re deciding whether to buy Axie Infinity or not, you’ll also want to know that the maximum supply of this play-to-earn token is capped at 270 million units, with the last AXS being issued in 2026. Therefore, if you believe in the bright future of blockchain gaming, buying AXS could be a wise choice. Currently, very few video games can compete with the one developed by Sky Mavis.

What is Axie Infinity (AXS) and How Did It Start?

Based on the “play-to-earn” model, Axie Infinity is among the most popular decentralised video games in the crypto market. Its gameplay involves finding, enhancing, and trading fantastical creatures that inhabit its colourful world. The characters have interchangeable body parts, and players are encouraged to collect them based on their “class.” How does the economic system of Axie Infinity work? It is based on two tokens: SLP and AXS, Axie Infinity Shards, the governance token. Additionally, each Axie – the name for the collectable creatures – corresponds to an NFT.

The entire game development is managed by the software house Sky Mavis. Based in Vietnam, it was founded by Trung Nguyen and Aleksander Larsen. The idea originated from their passion for gaming. In particular, Nguyen was inspired by the famous Cryptokitties and decided to develop his own play-to-earn blockchain game. Currently, the game boasts prestigious partners like Ubisoft, Maker, Samsung, Binance, and AAVE.

Buying Axie Infinity (AXS) might make sense if you believe these illustrious partners will contribute to the future developments of the game.

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Buying Axie Infinity (AXS): value and trends (1)

Buying Axie Infinity (AXS): value and trends (2)

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Buying Axie Infinity (AXS): value and trends (2024)

FAQs

Buying Axie Infinity (AXS): value and trends? ›

The current Axie Infinity Shards price is $4.77. In the last 24 hours Axie Infinity Shards price moved +1.80%. The current AXS to USD conversion rate is $4.77 per AXS. The circulating supply of Axie Infinity Shards is 149,365,110 AXS and the current Axie Infinity Shards market cap is $712,471,575.

Is Axie Infinity coin a good investment? ›

The all-time high is still a long way off. However, analysts do expect Axie Infinity to start a cautious recovery. Throughout the year, the price is projected to trend upward. In September the price will reach €3.99 and by December, it is expected to reach €9.75 euros.

Is Axs still a good investment? ›

Yes, as per our AXS price prediction, the Axie Infinity token is a good investment because, by 2030, the highest price of the coin may be around $59.51. However, do your own research before making any final investment decisions. Invest wisely in the highly volatile crypto market.

How much is 1 Axie Infinity worth? ›

The live Axie Infinity price today is $4.55 with a 24-hour trading volume of $29.95M.

What is the future potential of Axie Infinity? ›

Axie Infinity (AXS) Price Prediction 2030

According to your price prediction input for Axie Infinity, the value of AXS may increase by +5% and reach $ 6.022938 by 2030.

Will axs reach $100? ›

The Changelly blog states that AXS will reach a high of $16.59 in 2025. It does, however, have AXS breaking the $100 mark in 2030, with an end-of-year high of $114.76. Bitnation forecasts a price of $26.26 for AXS by 2025 and expects it to exceed $8.21 by the end of this year.

Is Axie Infinity dead in 2024? ›

Part One: Axie by the Numbers

Axie Infinity has made a strong comeback in 2024, driven by initiatives such as the Bounty Board and Coinbase's Learn and Earn campaign. These efforts have successfully re-engaged players and attracted new participants, setting new standards in the industry.

Is it safe to buy from AXS? ›

Every ticket purchased on AXS is guaranteed real and authentic, but too many tickets on other sites are fraudulent.

Should I buy an AXS token? ›

If you're deciding whether to buy Axie Infinity or not, you'll also want to know that the maximum supply of this play-to-earn token is capped at 270 million units, with the last AXS being issued in 2026. Therefore, if you believe in the bright future of blockchain gaming, buying AXS could be a wise choice.

Why did AXS drop? ›

A decline in both price and open interest suggests the fall has been caused mainly due to closures of bullish positions rather than outright shorts or bearish bets.

How much money can I make from Axie Infinity? ›

Players can earn between $10-50 a day while playing the game. Not surprisingly, the game has become a source of income for many players, especially in the Philippines. How to Earn Money Playing Axie Infinity? For most beginner players, farming and harvesting SLP is the starting point.

How much is 1 USD to Axie Infinity? ›

1 USD equals 0.22 AXS. The current value of 1 United States Dollar is -1.34% against the exchange rate to AXS in the last 24 hours. ​ The current Axie Infinity Shards market cap is $672.88M.

How much is Axie Infinity convert to money? ›

Right now, 1 Axie Infinity is worth about ₱251.76.

What's going on with Axie Infinity? ›

In June 2022, the original Axie Infinity game, now called Axie Infinity Classic, was shut down and replaced with Axie Infinity Origins. Axie Infinity Classic was brought back in November 2022, and as of July 2024, both versions can be played to earn AXS.

What is the prediction for Axie Infinity stock? ›

Axie Infinity Prediction Table
MonthMinimum PriceAverage Price
September$4.21$5.01
October$5.01$5.01
November$5.01$5.01
December$5.01$5.01
1 more row

How to earn in Axie Infinity 2024? ›

As a play to earn game, Axie Infinity allows players to sell their in-game assets in the marketplace, including Axies. Another way players can make while playing the game is by collecting tokens.

Does SLP have a chance to go up? ›

Price Prediction's SLP Crypto Price Prediction for 2022, 2025, 2030 and 2040. Price Prediction estimated that the average price of Smooth Love Potion could be $0.003 in 2023. The service's Smooth Love Potion price prediction for 2025 is positive, with the token expected to rise to $0.006 and reach $0.042 by 2030.

What is the price prediction for Axie in 2030? ›

Axie Infinity's Long Term Price Prediction
YearsAvg PriceHighest Price
2030$13.61$16.34
2031$13.52$16.22
2032$13.25$15.89
2033$16.08$19.30
8 more rows

Will Aave go back up? ›

Based on our AAVE price prediction, the price of AAVE may reach $164.78 by the end of 2024. According to our AAVE crypto price prediction for 2025, the future of Aave is bright, and it could cross $298.63. Our Aave coin price prediction for 2030 indicates that the coin might reach a maximum price of $1328.59.

What is Axie Infinity crypto all time high? ›

Axie Infinity's All Time High (ATH) of $ 164.34 was reached on 5 Nov 2021, and is currently -97.4% down. The current circulating supply of Axie Infinity is 149.39 Million tokens, and the maximum supply of Axie Infinity is 270.00 Million.

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