InstaForex

October 5, 2021

Axie Infinity (AXS) Once Again Records Latest ATH, Increased 130% In Just One Week!

 Axie Infinity once again recorded AXS locked in the network reaching a total of nearly $ 2 billion, indicating it still remains relevant.


The AXS just hit an all -time high (ATH), $ 146.75. At the time of writing this asset was down 0.37%, trading at $ 146.42 with a jump of over 35% in 24 hours.


This online game developed in Ethereum has seen incredible growth again since the whole world was hit by the COVID19 pandemic.


This is evidenced by the number of AXS holders increasing by over 420% over the year (YTD), there is no sign for the ‘fever’ of the game to end.



Those interested in joining this network will need to stake an AXS token. Indirectly such activities will create an increase in demand and lead to a reduction in the supply of AXS.


For now, there are over 12,500,000 AXS already at stake. Approximate recorded value of $ 1.89 billion. At the same time as many as 61,005,313 or over 20% of AXS are in the cycle.


No wonder why the AXS has rocketed over 130% since last week and was able to maintain performance with the latest ATH just now.


For a record on Sept. 21, the token traded below $ 50, making the value of the AXS triple in less than two weeks.