The popular blockchain game Axie Infinity has reached an all-time high. Axie Infinity price analysis is bullish today, with a significant pullback from the all-time high of $155 in the past 24 hours.
At the end of September, the price of Axie Infinity broke above the previous fix, causing a rapid rally higher on October 1, with $120 being the initial high. Then, a slight bounce followed that pushed back to $150.
A steady decline has been seen since the $150 barrier was hit on Monday, with the previous major swing high of $120 being retested as support. At the time of writing, it is trading at $129.08.
The Axie Infinity team released a landmark risk statement on September 30th. They offered intra-day stakes and an annual rate of 300 percent. At the time of this announcement, the dollar price of AXS was trading around $73, and four days later, the dollar price of AXS was up 200%, with an ATH of $155.
On the other hand, Axie Infinity has built a dashboard and native staking pool to facilitate the process of sharing AXS USD tokens. You can claim USD staking rewards every day, and you can choose to re-share them.
Axie Infinity Gets $152 Million!
Sky Mavis, the studio behind the popular NFT game Axie Infinity, has announced a new round of funding.
Sky Mavis announced the completion of its $152 million Series B fundraising round in a statement Tuesday.
The funds will be used to support the growth and development of Axie Infinity, as well as Ronin, the game’s Ethereum side-chain, according to the statement. As a result, the company intends to provide more economic and financial flexibility to players.
The Axie Infinity ecosystem has grown rapidly in recent months, as evidenced by the number of players who have signed up so far. The game’s player base has grown from 38,000 daily active players in April of this year to more than two million, according to Sky Mavis.