Axie Infinity Drops 4.7% In Last 24 Hours As AXS Struggles In The Red Zone

Axie’s trading volume has risen by more than 2% over the last few days.

  • The price of a ticket dropped by 4.7% over the 24 hours.
  • Axie Infinity’s full version will bring a significant increase in AXS value, which is expected to cause a price jump for AXS in 2023
  • Prices down 0.877%, or traded at $16.97 in press time

AXS prices have fallen by 4.7% within the last 24 hour or are trading at $17.25. This gives traders an idea of how the week’s AXS price trend will go. Since the previous week, when it suffered a 7% loss, the price remained in the red or negative zone.

The Axie infinity trading volume has fallen by 2%

On the daily chart, Axie Infinity’s trading volume is seen to have capsized by over 2% in the past few days. AXS circulation however has increased 0.6%. Now, the total supply of AXS is capped at 89.83 millions. Axie Infinity has been ranked 44.ThAt $1.54 trillion, crypto is the largest in terms of market capital.

Based on CoinMarketCap, AXS’s price is down by 0.87% or trading at $16.97 as of press time.

Axie infinity is a thrilling play-to earn blockchain gaming platform. It has many game modes to help you collect, train and fight Axies.

You can also join weekly contests and tournaments to increase your chances of winning. Axie Infinity members use AXS for trading, buying, and selling game characters known as Axies.

Analysts believe that AXS will rise despite the current bearish trend. However, Axie Infinity’s full version of Axie Infinity is expected to launch at the end. This is a profitable investment, despite the market’s bearishness. Ethereum also backs it.

Axie Transitioning To Origin Phase 3

Axie Infinity is making the transition to Origin Phase 3. This milestone moment will mark the end of the first phase’s epic gameplay, updates and features. This new mode allows for the transition from Classic to Origin.

Axie Infinity updated its website on August 11, revealing that it is working to improve its rewards system and skipping SLP from basic gameplay.

Axie’s total sales have reached over $4.24 trillion to date. Axie associates recently bought large pieces of ownership in the Fire-Tier Trilogy versions or the 2021 BIG3 champions.

The BIG3 FEAT’s April 2022 acquisition is a pivotal piece of its new ownership model. Popular owners of BIG3 FEAT include Snoop Dogg and Gary Vaynerchuk.

AXS Total Market Cap at $1.4 Billon on Daily Chart | Source: TradingView.com

Image from Bitcoin.com. Chart from TradingView.com.

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