AXIE Infinity Coin (AXS) Market price and reason for the rise

Last night, the second-largest bank in the U.S. seemed to recover its market price by allowing bitcoin futures trading to some customers at Bank of America, but in the early morning, Minister Yellen said he would convene a working-level meeting on tablecoins next week.

After this was announced at dawn, the market price fell again until the beginning of 31K.

In the morning, Bitcoin worth more than 1 trillion won repeatedly withdraws deposits through Coinbase Pro, and I wondered what was going on.

I don’t know what’s going to happen, but in fact, I think convening a meeting itself may be a negative reason rather than a positive one.

I’ll have to watch it closely next week, too.

Today, we are going to take a look at the Axie Infinity Coin (AXS), also known as the coin of July. In fact, I don’t have to tell you why it’s called the July coin, but I think those who do upbit transactions will understand.

1. Axie Infinity Game Coin Introduction.

Axie Infinity can be said to be the coin of the current most popular game genre. Even if you go into the homepage, it is hard to tell whether it is a coin homepage or a game homepage.

Axie Infinity started out inspired by Pokemon. Perhaps that’s why the characters are cute and cute.

I think the game has a similar structure. Collect, raise pets, breed, fight with other players, and build land.

You can use blockchain to create your own character or sell it, and rare characters are collected and sold, and the price of characters and lands is enormous.

I’m not sure if it’s popular because it’s money or because the game is fun.

In this game world, users can use Axie Infinity Coin to compete with their opponents, purchase content, and earn missions.

Since it is a coin with an exact purpose, it seems easier to understand than technical coins.

2. Axie Infinity Market price.

Let’s take a look at the market capitalization.

If you look at it mainly at NFT, it has come up a lot. Originally, I remember it much lower, but the upward trend is scary as it is a coin in July. The undisputed No. 1 Ceta Token is on the decline, but it seems difficult to change.

Coincidentally, all NFT coins in Upbit are at the top of the market capitalization.
Of the 270 million AXS maximum coin supply, 60 million AXS are in circulation. The market capitalization is also high at 61st place.​
Let’s look at the market price.

You can tell why it’s this month’s coin just by looking at the chart, right? It rose from 4,000 won to 34,000 won. It didn’t even take two weeks. Of course, I didn’t have it, so congratulations to those who saw the profit.​
We will receive some adjustments, but we still don’t know the direction from the current NFT rise.

3. AxieInfinity Roadmap

axie infinity roadmap

The roadmap continues to be updated, including game-related, staking services, and governance policies.

The development team itself seems to be working hard. There must be a reason for a house that works well.

4. Outlook

Most of the exchanges are listed on major exchanges. Binance, FTX, Upbit, Huobi,, etc.

And it is known as a coin invested in Hashed, an investment company. In May, several companies, including Hashed, 500 startups, and Block Tower Capital, invested about $7.5 million in the follow-up investment round of SkyMavis Series A.

Most of the coins Hashid invested in became hot coins.
And Exy Infinity has also partnered with Samsung, Clayton, and Maker Dao.

In fact, just looking at the investment company partnership company, it seems that the growth potential is sufficient.

Of course, it seems to be undergoing some adjustments because it has shown a steep rise in a short period of time. I’m going to put it in the coin of interest and watch it.

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