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The price has consolidated since mid-June 2022.ĪXS is currently holding at key support, and some signs may shift sentiment bullish. The next stop for the price was key support and ICO price region, at around $12. Once the price reached strong support at around $41, it had a significant bounce, but the price dropped and broke through support. The Axie price swiftly made lower lows, forming a downtrend that had slight bounces, which were unsustainable. Since AXS followed Bitcoin’s rally, it also followed suit when Bitcoin crashed. AXS’s crash has resulted in the coin losing 93% of its value after setting an ATH.ĪXS set an ATH in November 2021 when it reached $165, aligning perfectly with Bitcoin‘s topping structure.AXS dropped to $38 and failed to hold at strong support, resulting in a drop to key support at $12. A swift crash followed the rally, as Bitcoin dragged altcoins down with it.The coin pumped just over 5,200% to reach an ATH of $165 in November 2021.
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High volatility ensued at the end of the month as AXS dipped to $6.50 before a short-term rally to almost $11. At the beginning of April 2021, The Axie Infinity token had its initial coin offering (ICO), closing the first day at around $7.70. And the volume surge had a direct impact on AXS. It was the simplicity combined with the rewards that resulted in this game’s rise in popularity.Īxie Infinity’s popularity was evident, resulting in it becoming the biggest NFT project in trading volume terms. But players found Axie Infinity to be extremely simple to play compared to most multiplayer games. Axie Infinity Price Historyīlockchain provides an abundance of NFT video games such as Axie Infinity.
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