Axie Infinity Price Prediction 2023 – 2031
- Axie Infinity Price Prediction 2023 -up to $12.70
- Axie Infinity Price Prediction 2025 -up to $28.02
- Axie Infinity Price Prediction 2028 -up to $82.25
- Axie Infinity Price Prediction 2031 -up to $262.71
Now we realize the power of $HODL, and it is community. If you believe AXS is a stable and trustworthy token, you won’t be swayed/persuaded by everything else that goes on like a whirlpool outside your house, right? How can the current crypto exchange chaos affect Axie Infinity Price Prediction?
As the Metaverse, blockchain gaming, and NFTs rise as emergent industries spanning from decentralization, Axie Infinity takes root as one of the most adopted blockchains for governance, gameplay, and Non-fungible tokens. In this Axie Infinity price prediction, we look at how the token is shaping the industry and the direction of the price in 2022.
Blockchain has evolved rapidly over the years and is now finding a solid footing across various facets of software development. From the development of smart contracts to DApps, DeFi software, DAOs, NFTs, and now Metaverse, the technology has continued to disrupt several industries while also gaining more use cases.
One of the growing trends in crypto is blockchain gaming, and Axie Infinity is worthy of mention. Let’s learn more about the Axie Infinity project, Axie Infinity price, its features, gameplay, governance token, and price analysis.
Today’s Axie Infinity price is $6.85 with a 24-hour trading volume of $85,046,682. Axie Infinity is up 8.03% in the last 24 hours. The current CoinMarketCap ranking is #55, with a live market cap of $658,777,240. It has a circulating supply of 96,194,371 AXS coins and a max. supply of 270,000,000 AXS coins.
What is Axie Infinity?
Axie Infinity is a widely known blockchain-based game built on top of the Ethereum network. The game was created by Trung Nguyen – current CEO of Sky Mavis, a gaming studio based in Vietnam. The idea behind the creation of Axie Infinity is to showcase the potential of blockchain technology in an educational and fun way while also offering economic opportunities. It has executed this successfully by becoming a prominent cryptocurrency ramp to the blockchain technology space.
Its development was inspired by the viral success of the Pokemon and Tamagotchi video game series. Furthermore, it features versatile, enjoyable, and open-ended gameplay that rewards players with various virtual token-related creatures, otherwise called Axies. These creatures can be traded, raised, or battled in real-time throughout the accrescent Axie Infinity ecosystem. Axies are NFTs (represented by ERC 721 tokens) with differing strengths and attributes, and they can be used to earn experience points in 3v3 battles.
Axies are available in four (4) rarity scales: common, rare, ultra-rare, and legendary. They can evolve or level up stats with experience points gained in battles.
Also, Axies can be bred together to create unique and new offerings traded or used in the Axie ecosystem. Axie Infinity utilizes a play-to-earn model that allows players to receive crypto rewards for playing games on the network.
Axie Infinity Price Overview
Axie Infinity Governance Token
The native crypto of the Axie Infinity universe is AXS (Axie Infinity Shard) – an ERC-20 token – and it is used for governance, staking, and payment.
Players in the Axie universe can stake their tokens to earn newly generated AXS. In addition, stakers are required to play and vote to earn rewards.
AXS crypto is utilized as the official currency of the Axie ecosystem or NFT Marketplace. Furthermore, it may be used as an eligibility criterion or tender for participation in auctions and sales carried out by the Axie team.
Governance and Axie Infinity shards
The ecosystem’s treasury launched in early 2021, and it began receiving revenues generated within the network and particular portions of rewards from staking. Since the design of Axie Infinity supports the transition to entirely decentralized governance, some of the developmental decisions on the network are taken by AXS stakers. As soon as the network becomes sufficiently decentralized by October 2023, Axie Infinity is expected to transition to a fully community-owned decentralized organization.
Axie Infinity price prediction Source: Axie Whitepaper
AXS was developed to align the rewards/incentives between developers and game players in an exciting way. The mechanism in the diagram above describes the goal to attain simultaneous incentivization of a token holder(s) or players for interacting with the Axie universe. Also, it depicts the decentralization of the network’s governance and ownership.
The other token on the network is the SLP or Small Love Portions, an in-game token utilized in the nurturing of Axies.
How Axie Infinity ecosystem works
The core of Axie Infinity’s gameplay is focused on breeding (nurturing) and battling Axies on the Axie Infinity shards – the token-based creatures integral to the ecosystem’s experience. Typically, Axies are differentiable by two features, class and body parts. These features can help determine their rarity level and distinguish them from one another. In addition, each Axie is characterized by four (4) stats, namely Speed, Morale, Health, and Skill, which are all integral to the gameplay mechanics. These stats decide the damage tolerance of each Axie, its attack potency, etc.
Axies are available in three (3) secret categories, Mech, Dawn, or Dusk, and six (6) regular classes, Reptile, Aquatic, Plant, Beast, Bug, or Bird. Each class is characterized by its weaknesses and strengths, which indicate how they match up against other classes. By the rules of the Axie Universe, Aquatics have a strength advantage over the Mech, Beast, and Bug classes but are weak compared to Dusk, Reptile, and Plant Axies. Additionally, Axies have six (6) body parts: eyes, tail, back, mouth, ears, and horns. Except for the ears and eyes, other parts have distinct abilities influencing their battle capacities.
Axie Infinity can be played in Adventure mode or Arena mode. Players can earn SLP or AXS in either game mode. The game also allows you to battle built-in non-player combatants known as Chimera to earn rare treasures and additional tokens to upgrade your characters. Like in the real world, gamers can create new and unique offspring creatures with unique capabilities and features. Breeding or nurturing can take place up to seven (7) times; each time it occurs, more AXS and SLP are required. Usually, Axie offspring will undergo development for five (5) days and become battle-ready afterward. They can also be sold in the Marketplace or continue breeding.
The Axie ecosystem not only allows players to trade and collect creatures; it also affords them tokenized virtual lands, known as Lunacias, that will serve as a habitat for their Axies. In the future, third-party developers can leverage the Lunacia SDK to create exclusive games.
The Axie Marketplace
The Axie Infinity marketplace is the best place to access Axies put up for sale or recent sales history. Players can engage the filter feature to optimize the search query when looking for Axies that suit their desired price, stats, body parts, class, etc. Axies can be bought via a Ronin Wallet by first funding it with ETH.
Now that we have provided you with detailed information about Axie Infinity, will AXS be profitable in 2022 and beyond? Let’s get into its past price analysis, current market status, and price forecasts.
Axie Infinity Price History
According to data obtained from Coinmarketcap, AXS began trading at a market price of $0.1798 and soon hit its all-time low at $0.1234 by November 6, 2020. By January 27, 2021, the coin attained the $1 mark for the first time, and by February 13, 2021, it had already experienced a price gain of over 90% and traded at a maximum market price of $2.07. By July 6, 2021, AXS reached a maximum price of $11.81, and it continued on a bullish trend until it attained its current all-time high of $165.37 on November 6, 2021.
The 90-day low of AXS is $48.25, and its highest price within this period is $165.37. The chart shows that the price momentum has been bullish over the past 90 days, with uptrends since the start of October 2021. Based on the last 30 days, Axie Infinity has had a bearish run. Its lowest price within this period is $49, and it has retested that level thrice within that duration.
Over the past 7 days, AXS’s lowest price is $49, and its highest price is $65, as shown in the chart below. The chart shows that AXS has been on a bearish run in the past few days.
However, if bought at the earliest known market price, per Coinmarketcap, the ROI on AXS is over 134,000%. The past price analysis of AXS is typical of a coin with long-term potential.
Axie Infinity Latest Developments
In their first-ever Conference, Axiecon, Sky Mavis announced a series of new features and products for their famous play-to-earn game. These Include:
Axie Infinity: Origin will be renamed a more distinct brand for “Origin” Axies.
Upgrading, or Level 2 parts, will unlock vertical progression for Axies, where they can evolve to have more powerful parts accompanied by brand new visuals. The gameplay will require using resources and materials obtained throughout the Axie Infinity universe.
Sky Mavis also announced an ambitious multi-year project aimed at pushing the boundaries of Web3 games and being the gathering place for the Axie Infinity digital nation to play, socialize, and build. It will incorporate multiple gameplay genres like simulation, strategy, and role-playing and have metaverse elements for the community to socialize.
Sky Marvis will launch Axie Infinity Ray lights, a mini-game that uses Land NFTs. Land NFTs will be like primitives in the Axie Infinity universe like Axies, which can be used across infinite experiences.
Axie Infinity Technical Analysis
The Axie Infinity coin price has been trading south for the last 2 weeks and has lost 90% of its value from the year’s high.
The MACD histogram indicates little Axie Infinity price momentum; the MACD line has broken below the zero line, suggesting prices will fall lower. The William alligator trend lines are moving south, indicating falling Axie Infinity prices. The reactive strength index shows Axie Infinity is not in oversold/overbought territory, with plenty of room for upward price movement.
Axie Infinity Price Prediction by Cryptopolitan
Axie Infinity’s price action in the last quarter of 2022 indicated volatile price activity. After the FTX crash in November, Axie Infinity fell sharply from a high of $11.3 to $6.3. The current bear market has taken a toll on AXS making it difficult to recoup the loss. However, as we approach 2023 the negative sentiment on exchanges will subside and we anticipate Axie Infinity to trade higher.
Our Axie Infinity price prediction for 2023 is a maximum price of $12.70; in five years, a maximum price of $58.50 could be attained, and 9 years from now, Axie Infinity can be traded at a maximum price of $262.71.
Axie Infinity Price Prediction 2023
Our Axie Infinity price prediction for 2023 could be a maximum price of $12.70. The minimum price is $10.54, and the average trading price of the coin is predicted to be $10.92.
Axie Infinity Price Prediction 2024
Our Axie Infinity price prediction for 2024 is a maximum price of $18.69. Axie Infinity’s minimum price is predicted to be $16.06 and an average price of $16.50.
Axie Infinity Price Prediction 2025
Our Axie Infinity price prediction for 2025 is a maximum price of $28.02. The coin’s lowest price is expected to be $23.09, and the average trading price of the coin is $23.75.
Axie Infinity Price Prediction 2026
Our Axie Infinity price prediction for 2026 is a maximum of $40.63. The minimum price the coin will have by the end of 2026 will be $34.57, while its average trading price is expected to be $35.52.
Axie Infinity Price Prediction 2027
Our Axie Infinity token price prediction for 2027 is a maximum price of $58.50 with a minimum price of $47.39. We also expect the coin’s average trading price to be $49.16.
Axie Infinity Price Prediction 2028
Our AXS coin price prediction for 2028 is a maximum price of $82.25. The minimum price of the coin by 2028 is expected to be $68.97; the average trading price of the coin is forecasted to be $71.43.
Axie Infinity Price Prediction 2029
Our AXS price prediction for 2029 is a maximum price of $122.04 with an average trading price of $105.8. The coin is expected to have the lowest price at $102.23.
Axie Infinity Price Prediction 2030
Our Axie Infinity cryptocurrency prediction for 2030 is a maximum price of $178.4; the coin’s lowest price is $152.97. The average trading price of the coin is expected to be $158.26.
Axie Infinity Price Prediction 2031
Axie Infinity’s price prediction for 2031 is a maximum trading price of $262.71, with an average trading price of $223.34. The minimum price of the coin is expected to be $217.01.
Axie Infinity price prediction by Wallet Investor
Wallet Investor uses Artificial intelligence (AI) and machine learning to provide the average forecast price of Axie Infinity tokens. The AI indicates Axie Infinity’s past performance index rating as C; it adds that Axie Infinity would make a bad one-year investment. The expected average price in 2023 will be $0.4063. Axie Infinity’s return on investment (ROI) will be -93.71% in 2023. In 2024 the ROI will be -89.85%; in 2025, it will be -94.06%; in 2026, it will be -95.13%. According to the analysis, the Axie Infinity price bear trend continues over the entire period.
Axie Infinity price prediction by Crypto Predictions
The site scans a coin’s exchange rates and other historical market data and uses these data to provide future Axie Infinity price forecasts.
Their Axie Infinity price forecast for 2023 is $8.219 in January and $7.903 in December.
In 2024, Axie Infinity will trade at an average price of $8.447 in January and $12.044 in December. In 2025, Axie Infinity will trade at an average price of $12.275 in January and $14.289 in December
Axie Infinity price prediction by Digitalcoin Price
Axie Infinity will be on a bullish trend from 2023 to 2031; the maximum value of Axie Infinity for the entire duration will be $124.79. In 2023 it will trade at a mean price of $15.43. It will reach a maximum price of $16.57 and a minimum of $13.92. In 2025, it will trade at a mean price of $28.19. It will reach a maximum price of $29.42 and a minimum of $24.94. In 2031 it will trade at a mean price of $124.37. It will reach a maximum price of $124.79 and a minimum of $121.58.
Axie Infinity Price Predictions by Industry Influencers
Star Trading Friend Youtube channel’s latest update on Axie Infinity suggests that the coin has upside potential if it breaks above support and breaks out upwards. The presenter suggests it will likely pump to $6.29. He advises placing your stop loss at $5.41. Future price targets are $9.0, $15.0 and $20.0. comments that investors should be on the lookout for a break out on the daily chart. AXS has traded sideways for a while now consolidating before its next major breakout.
Moon333 Youtube channel’s latest update on Axie infinity suggests that the coin has potential despite its massive loss of value. The presenter follows the Axie infinity performance from March, highlighting the double bottom formation on the weekly chart. The chart shows the long-term downward trend with intense resistance levels. AXS broke resistance in July but has since corrected it.
The daily chart expounds on the long-time resistance, which, when broken, AXS could potentially cross the $20 mark and further to $160 in the most bullish scenario.
The Daily Crypto’s latest update on AXS suggests that this is an excellent time to buy the coin. The presenter highlights the 2022 bear market and the employment opportunities provided by the play-to-earn game. Protocol updates will increase investor confidence, and the coin will close at $63.54 this year. In 2026 AXS will trade at an average price of $505.41.
Axie Infinity has proven to be a popular digital collectible game with a bright future. The game rode the hype of play to earn games and was able to amass millions of users. The platform provided income opportunities to many players setting the pace for Play to earn and NFT games. Axie Infinity has a lively community despite hemorrhaging players after the Ronin hack. Axie Infinity has a strong community and constantly expands its features and content.
Axie Infinity platform drives NFT adoption by providing its gaming community with real-world valuable crypto and mainstream-friendly access to crypto and web3 services, thus, continuing to draw more players who use the platform to seek opportunities its ecosystem presents, including Defi, the crypto market, and NFTs.
AXS has however lost more of its value despite premiering the GameFi market. The roughly four-year-old GameFi market, a sector of the cryptocurrency economy, might prove to be a dud for investors if their developers do not innovate to prevent the loss of players.