1/2/2023 0 Comments Axie infinity coinmarketcap![]() ![]() To put that in context, the second-highest earner was PancakeSwap with $10.9 million. It brought in $101.7 million in the past 30 days. Token Terminal data showed it's the top-earning crypto app right now by a long way. It's brought in eye-watering revenueĪxie's revenue has shot off the charts in recent months. ![]() You'll also need to have a good chunk of time you can dedicate to world-building. To play the game, you'll need to buy three Axies using Ethereum (ETH). And the most expensive Axie ever sold went for 300 ETH (around $620,000 today). The cheapest Axie on sale right now costs around $200. These player-owned digital collectibles can be bred, bought, and sold. The Axies themselves are non-fungible tokens (NFTs). Learn more and get started today with a special new member discount. Axie infinity coinmarketcap full#Sign up today for Stock Advisor and get access to our exclusive report where you can get the full scoop on this company and its upside as a long-term investment. In fact, you've probably used this company's technology in the past few days, even if you've never had an account or even heard of the company before. We’ve found one company that’s positioned itself perfectly as a long-term picks-and-shovels solution for the broader crypto market - Bitcoin, Dogecoin, and all the others. Players earn two different in-game tokens - Axie Infinity Shards (AXS) and Smooth Love Potions (SLP) - which they can either spend in Axie land (aka Lunacia) or trade on decentralized exchanges for real-world money. Play-to-earn is a relatively new gaming concept. Here are two of the main reasons Axie has grown so much: 1. your account could be frozen and leave you unable to access your assets.Īs we've seen, Axie Infinity has made two big price jumps at a time when many other digital currencies are stagnating or trending downwards. Be aware there are additional risks if you use an exchange that is not authorized in the U.S. Availability: Unfortunately AXS is not available from major U.S.Noteworthy backers: Mark Cuban, Blocktower Capital, Konvoy Ventures, and Libertus.Market cap: $1.9 billion (CoinMarketCap, July 23).Date launched: AXS started trading in November 2020, but Axie Infinity was founded in early 2018.It has 40 full-time team members, and the leaders have backgrounds in gaming and technology. Management team: Axie Infinity was developed by a company called Sky Mavis, but it aims to evolve into a community-owned organization over time.What it does: Axie Infinity is a play-to-earn cryptocurrency game where players can earn tokens and breed cute collectible animals called Axies.So what is Axie Infinity and what makes this cryptocurrency worth a deeper look? Axie Infinity basics But it's been back on a tear in the last few days. The price peaked at $29.13 on July 15 and then dipped and closed the day at $23.96. To put that in perspective, just two months ago, 1 AXS cost $3.38. Using CoinMarketCap data, at the current price of $31.35, those AXS would now be worth $214,873 - an increase of over 21,000%. As I write this, (July 23), Axie has just hit a new all-time high. If you'd bought $1,000 worth of Axie Infinity Shards (AXS) when the token launched in November 2020, you'd have received 6,854 AXS. Axie Infinity has just brought in over $100 million in revenue in 30 days. ![]()
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