Hello everyone, first of all i want to remember you all about the new
Axie Infinity community here on Hive Chain:
Axie Buzz by @axiebuzz
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This is a translated material, original source Here : https://br.investing.com/news/cryptocurrency-news/token-axs-do-axie-infinity-disparou-700-em-apenas-30-dias-892780
HERE
Axie Infinity AXS Token Rushed 700%+ in Just 30 Days!
The native token of the Axie Infinity blockchain gaming platform, the AXS, has stole attention from the market in recent weeks. That's because the cryptoactive registered a 700%+ valuation in just 30 days.
If we look at the Lowest and the Highest prices in a recent 30 day period we can see a impressive 879% valuation.
Source: Coingecko
The strong rally comes as Bitcoin struggles to get back to $35,000 and records ever-lowering highs. Altcoins, in turn, fluctuate daily, but show a general downward trend.
However, AXS has been upsetting most of the crypto active market. After all, the token shows no signs of slowing down as more and more users continue to play on the platform.
Today, 15/07/2021 the AXS token hit a new record above $29.29, beating the previous peak of $25.29. as we follow the AXS has been breaking its own ATH day after day.
Source: Coingecko
AXS explodes in appreciation.
“Axie Infinity, created by SkyMavis, allows players to earn income through non-fungible tokens, or NFTs, and cryptocurrencies by creating, fighting and trading digital pets called Axies”
In practice, players use AXS tokens to trade these digital creatures which, in turn, are used in the game.
The time i'm writing this post the cheapest Axies available.
Source: Axie Marketplace
To participate in the game, new players need to purchase at least three axies priced on Ethereum. The protocol makes money from axies and land sales, axies creation fees, and market fees.
Data tracked by Token terminal shows that Axie has raised $51.3 million in the past 30 days. This is the highest value among the decentralized finance protocols (DeFi) and blockchains monitored by the site.
Source: Token Terminal - Axie Infinity
According to DappRadar, the game is quite popular and is seen as a source of income in developing countries like Brazil, India, Indonesia, the Philippines and Venezuela.
That's all folks, let's see in the days to come how this hot new game will change the market and peoples lives.
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I have wanted to get into the game, but the investment is high and now it is almost impossible for me, and the scholarships are a matter of luck.
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