Price Axie Infinity (AXS)
Axie Infinity is a blockchain game, built on the Ethereum network, that allows players to collect and trade characters called Axies. Axie Infinity is inspired by classic games like Pokemon and uses Non Fungible Tokens (NFT) to represent unique characters, abilities and other assets that are part of the game's ecosystem. For additional information about the origin and use of Axie Infinity, you can access the "About Axie Infinity cryptocurrency" page.
Axie Infinity (AXS) cryptocurrency - price fluctuations
As in the case of traditional investments, an overview must be formed that aims at possible losses or profits. At the same time, it should be noted that the demand for Axie Infinity is an increasingly significant factor, because the cryptocurrency is also traded outside the normal schedule of stock exchanges. With an overview of cryptocurrency, investors can trade calculatedly and take advantage of Axie Infinity (AXS) price fluctuations.
What determines the price fluctuations for the Axie Infinity (AXS) cryptocurrency?
Axie Infinity price fluctuations are influenced by a number of factors:
Axie Infinity demand and supply in the market and liquidity in Axie Infinity pools
Considering the traditional economic concepts, if the demand is high, the price of Axie Infinity will increase. Conversely, if the demands are reduced, the price of the cryptocurrency falls. Demand is influenced by a variety of factors, such as media attention, the global economy and financial regulations. The AXS cryptocurrency has a limited supply of 270 million units, a fact that places it next to digital goods like Bitcoin, which is a useful asset in combating inflation.
Popularity and media attention for the Axie Infinity cryptocurrency
The popularity of the Axie Infinity (AXS) cryptocurrency is a major factor influencing the price. Simple curiosity about cryptocurrencies leads to high investments, which affect the market price. At the same time, the price is influenced by announcements from state authorities and companies in the field. The phenomenon of FOMO (fear of missing out) can be created around these situations, which is represented by investors' fear of missing the moment of entering the market. To avoid the feeling of FOMO, investors should educate themselves about the real factors that determine the price of Axie Infinity.
Economy - Axie Infinity Ecosystem (AXS)
The economic risks of the states are another aspect that can lead to the increase in the price of the Axie Infinity (AXS) cryptocurrency. Especially in countries with high inflation, people are turning their attention to new methods of protecting money, a fact that can influence the value of Axie Infinity.
Axie Infinity Price - Frequently Asked Questions (FAQ)
What blockchain does the Axie Infinity cryptocurrency use?
How do I mine Axie Infinity cryptocurrency?
It is not mined
What is the highest price of Axie Infinity in EUR?
The highest Axie Infinity price was recorded at 138 EUR.
How can I buy Axie Infinity at the best price?
The fastest and most advantageous way to buy Axie Infinity is on the Tradesilvania.com platform at the live Axie Infinity price displayed in the Tradesilvania user account 24/7.
What is the price of Axie Infinity today?
The Axie Infinity price varies several times per second in the platform and the instant price is available in the user account. Daily purchase limit (AXS Limit Order type is 1,000,000 EUR / transaction).
Knowing the causes that influence the price of the Axie Infinity (AXS) cryptocurrency makes it easier to understand the fluctuations. If you have evaluated each factor and want to invest in Axie Infinity (AXS) , create an account on Tradesilvania and trade in a fast and safe way.