Axie Infinity (AXS) Price Prediction: Will The Price Surpass The $200 Milestone In 2022?

The idea of cryptocurrencies has been creeping into the consciousness of the general public and is gaining ground. On the other hand, a significant number of them are unable to withstand the passage of time and will continue to be unable to do so even if they enjoy widespread use.

Because of a game-changing asset that came along, it is now possible to do this, and it does so by concentrating on what the general public wants: Fun.

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The blockchain technology that underpins Ethereum is used to construct Axie Infinity. The Axie Infinity token is used in a blockchain-based game called Axie Infinity, in which players can collect and build structures using various cryptocurrencies.

While playing the game, players have the opportunity to earn the AXS cryptocurrency, which can then be traded on a number of different cryptocurrency exchanges. The worldwide popularity of the NFT monster-battle game continues to soar. As a result, according to our forecast for the price of Ethereum, this may help the ecosystem as a whole expand at a faster rate. When the Axie Infinity protocol was developed, it became clear that one could concentrate on amusing themselves while simultaneously building more wealth.

An entry token for the game that is supposed to be Axie Infinity. The Shard Token was developed in close collaboration with a select group of individuals in order to bring about an innovative combination of the advantages of gaming and cryptocurrency. All of the advantages of play are based on the algorithms of the blockchain, which means that anyone has the enormous possibility of earning tokens based on the merit of their gaming acumen, thereby creating more ways of having fun while earning. Let’s take a look at the big picture before we get into the specifics of our price forecast for Axie Infinity. Axie Infinity was developed on the Ethereum (ETH) network so that it could take advantage of the advantages offered by the gaming, cryptocurrency, and blockchain industries. In addition to this, there is more.

There are an infinite number of ways to earn Axie, but being a part of cutting-edge technology, such as Blockchain rewarding players for engagement, is something that has never been seen before anywhere else except in the world of Axie Infinity. Prepare yourself to take part in the Play to Earn revolution that Axie Infinity is bringing about. Axie Infinity takes its cues from the Pokémon identity-based universe, and it enables users to earn tokens by demonstrating their gaming prowess through activities such as battling, collecting, raising, and constructing a land-based kingdom for their pets. All of the assets and Axie genetic data can be easily scalable by third parties, which allows the entire eco-space of developers to find the basis for their own tools and experiences.

Although the Axie protocol is still in the early stages of its development, the Axie game has been ranked as the number one Ethereum game and continues to be a popular option among users who are active on a daily, weekly, and monthly basis. Axie was only established in 2018. A major contributor to Ethereum’s overall revenue, Axie Infinity has brought in more than 6,400 ETH as of the present time. On the one hand, Axie is a symbol of an era of gaming and entertainment; on the other hand, it reflects a social responsibility value in that it creates employment opportunities for masses of people and builds an atmosphere of strong community, carving the roadmap to a sustainable platform. Users can own the native Axie Infinity Token of the Axie marketplace, collect it, and use it in a universe of games that keeps growing.Blockchain gaming is becoming an increasingly popular activity in the cryptocurrency space.

Axie Infinity is the name of the young and promising project that is currently dominating the gaming industry. A native token called AXS is available on the platform. This protocol has come up with some truly remarkable functionality, including the ability for traders to earn by playing games. To sum it all up, it was an outstanding achievement. Since it was first offered, the price of AXS has seen a significant increase, resulting in a return on investment of 47,274.35 percent. Within the sector, people are talking about how well it has performed recently and how much revenue it has brought in. The question of whether or not marketers should invest in AXS before it’s too late remains unanswered. In this article, we illustrate the feasible price projections of AXS for the years 2022 and beyond! With a price tag of $92.18 when the new year began, Axie Infinity had started the year by continuing the price decline that it had begun the previous year.

which continued to decline and reached a low of $67.18 on the 10th of January. Despite the fact that the cost of AXS was significantly higher than $83.85, the difference was not significant. On the 24th of January, the alternative coin experienced a fall to its support at $47.95. By the 7th of February, the price had increased to a staggering $71.67, having followed an upward trend that had been observed on the 5th of February. The price, however, was pushed back to its support levels due to the turmoil that was caused in the business world as a direct result of the war, as well as the anxiety that was caused by the FED’s rate hike. After that, AXS was observed to be trading at levels that were closer to its support until the 23rd of March.

When it began to show signs of strength, which ultimately led to its finishing the quarter at $69.74, The AXS price would need to build up some momentum in order to establish a firm hold at its critical resistance level of $67.18. A bullish leg-up from there, which could push the price to its quarterly high of $84.49 On the other hand, if investors and traders are pessimistic and the market is unable to establish a sustainable upward trend, the price may fall to its potential low of $54.36. Having said that, if there was parity in the ways that trade is conducted, the price might end up being $68.47. If the price were to break above the possible high for the second quarter, it would break the door to the barrier that is currently located at $95.38. A rising surge from here could lead the price to $111.41, followed by its potential high of $131.17.

On the other hand, NFTs and gaming in the sector, as well as missing out on glimmer, could bring the price down to $83.85. Taking into account both the highest and lowest possible prices, the standard price might end up being $117.18. According to the whitepaper for the network, the network is planning to roll out a number of updates in the near future. such as AXS staking, the Land gameplay community alpha, and the mainstream release of the application on smartphones. Because of this, the price might rise to its all-time high of $164.90. It is attempting to draw additional motivation from the expansion of its user base and the number of transactions it processes. There is a possibility that the price will reach its previous peak of $191.77. On the other hand, if the project does not live up to its expectations, this could drive the price down to $115.07 per square foot. Having said that, the price might end up at $169.04 if there is a healthy equilibrium between the forces of buying and selling.

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