Connect with us

Published

on

What is Axie Infinity?

Axie Infinity one of the key projects after Cryptokitties that plays important role promoting Blockchain based gaming to the real world. Platform comes into limelight after it started virtual breeding of pert to earn passive income via in-game tokens. Project is nothing but NFT game built on Ethereum blockchain inspired by concept of Pokemon and Tamagotchi.

Axie Infinity gaining huge community since 2018, as it was founded by Vietnam based start-up Sky Mavis. This game seeing consistent growth in user, as it already become one of the most successful decentralized Ethereum game. Axe Infinity as of writing is 4th largest gaming platform based on decentralized network. Recently Axie achieve milestone of 100k user across all support operating system.

“Join These Biggest ICOs of 2021”

Axis Infinity said “we create economic freedom for gamers” and they do, as games offers user to earn money with different opportunity. Games will be having different adorable creatures with different power and skillset, in the games creatures will called as Axies. Player can collect, raise, battle and breed Axies along with owning and building land-based kingdom for pets. So every player will be having their own land in the Pokemon inspired kingdom, where art assets and axie genetic data accessible to community and that will attract developer to build own tools.

Axie Infinity Price Prediction

Polkacity Price Prediction | Alpaca City Price Prediction

Axie Infinity Overview

Project name Axie Infinity
Ticker Symbol AXS
Total Supply 270,000,000
Official website Axieinfinity.com
Based on Blockchain Game
Launched year 2018
Supported Chain Ethereum
Exchange Platform Uniswap, Binance, Huobi Global, CoinDCX, FTX, SushiSwap, Lbank, MXC, Gate
Wallet Metamask

AXS ICO Overview

Platform used Binance Launchpad
Raised by $2970000 USD
Date of ICO 4th November 2020
ICO Price $0.1 USD
Partners Chainlink, MakerDAO, Klaytn, Samsung, Aave, Digix, The Sandbox,

AXS Price Analysis

AXS stands for Axie Infinity Shards is ERC-20 standard token based on Ethereum Blockchain. AXS token distributed to user on Binance Launchpad, as BNB holder gets ticket to Buy AXS at price $0.1 USD token sale price. AXS early investor already gained ROI over 100x and considering current price it is around 47X from Token sale price. AXS Token can staked to receive rewards, as token has multiple uses that include governance participation and play the game. Player earning will be paid out in AXS token for playing games through user-generated initiatives.

Axies Infinity Price Prediction

AXS journey started with Binance listing, as most of project struggling to get Binance listing due to low volume. AXS being 17th Binance launchpad project , AXS able to reach to million traders.

FAQ

Will AXS hit $100 USD?

AXS has already hit $10 USD mark, as in next 2-to-3-year AXS probably hit $100 USD mark.

Is Axie Infinity a Good Investment?

 Earning with gameplay will be great option, if you looking to invest Axie Infinity.

Conclusion

Sky Mavis technology game developer formed team and after getting inspired from different existing game, they have developed Axie Infinity. NFT i.e., Non-Fungible Token being pioneer of digital collectible, as in 2021 NFT based game get huge recognition with growing Defi space. Axie Infinity already popular game, where thousand of active player and token holder building their kingdom and along managing cute creatures. we know owning pokemon is always dream of many 90’s kids, as Axie gives us same vibes as Pokemon, as different pets have different power and skills. In game activity like battle, breeding and more becomes great source of interest seeking from gamers outside blockchain space.

Axie Infinity Rating

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Review

minttrex.com

Published

on

In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is minttrex.com Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

Continue Reading

Review

Bitcoin had a unstable Tuesday, for a short time

Published

on

Bitcoin’s near 50% reduction from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment. Bitcoin had a unstable Tuesday, for a short time it was dipping below $30,000. That was for the first time since January before settling around $33,000 at press time. The world’s largest cryptocurrency by market value, is Bitcoin.  It is still up about 11% year to date, according to CoinDesk 20 data.

“The primary reason for the sell-off has been the crackdown in China on mining operations and banking services,”. The analyst at multi-investment platform eToro who is Simon Peters, talked about this.

Regulatory forces from China is always a very big problem for cryptocurrencies. Which is why the near-50% reduction from all-time highs surprised some analysts.

“The news out of China regarding mining and trading crypto may seem dramatic to newer investors, while those with experience should used to the progression of this news over the past several years,” . This was by Sean Rooney, head of research at crypto asset manager Valkyrie Investments.

The effect of regulatory crackdown

Maybe an exasperated regulatory crackdown was not fully priced in given how the price of bitcoin almost doubled over the past year.

“Today we polled our 950+ person community to gauge their opinion on where the bitcoin bottom may be, and we received split answers for $28,600 and $25,500,” . Nick Mancini wrote about it. He is also the research analyst at crypto sentiment data provider Trade the Chain.

In addition, others stay more hopeful and confident about the future, where bitcoin’s price is going. “Bitcoin is currently trading approximately one-third below its long-term exponential trend line,”. A phenomenon that it has only exhibited for 20% of the time in bitcoin’s history, according to Stephen Kelso.

As the head of markets at ITI Capital said. “Given the market forces and demand for scarcity assets to protect wealth, ITI believes this is an attractive buying opportunity for investors.”

For now, $30,000 remains a key support level, even though technicals show limited upside towards $34,000-$36,000.

MicroStrategy

MicroStrategy’s newest relationship to finance the company’s additional buying of bitcoin is now trading under its face value as the cryptocurrency keep falling and decreasing.

Prices on the $500 million bond, which closed on June 15, fell almost three points after the company said on Monday. That it completed its purchase of 13,005 bitcoin at an average price of $37,617. Bitcoin was trading at around $32,542 as of press time.

At last count, MicroStrategy held 105,085 bitcoins. The company so far issued more than $1.5 billion in changeable notes and junk bonds to fund such purchases. Blockchain data shows low request for transactions over the past few months.

Bitcoin and Ethereum Transfer

“Both Bitcoin and Ethereum experienced dramatic slowdowns in on-chain activity, with active addresses and total transfer volume falling back to 2020 and early 2021 levels,” .Mentioned Glassnode in a newsletter published on Monday.

Bitcoin’s active addresses decreased 24% from the March peak. While Ethereum’s share in falling in active addresses was more. It dropped 30% from peak levels.

Continue Reading

Review

Bitcoin Holds $30K Support After Unstable Tremble; Resistance at $36K

Published

on

Bitcoin (BTC) went back to above the $30,000 level on Tuesday. After an unstable trading session this happened. Buyers started stepping in with a fast speed. As oversold conditions appeared on intraday charts. The next level of resistance is around $36,000, which could limit further upside.

The world’s biggest cryptocurrency by market value was trading around $34,000 at press time. And it is up 9% over the past 24 hours.

The near-10% price fall on Tuesday was typical of a tremble. Which signals a period of market uncertainty when sellers surrender.

Bitcoin’s two-month decreasing movement appears exhausted after the relative strength index (RSI) on the daily chart registered a higher low. This means buyers can stay active towards upper resistance levels.

The RSI on the four-hour chart is not yet overbuy. Even though bitcoin is still under the 100-period moving average, offering resistance could be found at $36,000.

Stronger resistance is at $40,000 which is near the superior bound of a month-long range.

Bitcoin looks to have bottomed out

While bitcoin (BTC, +1.73%) looks to found a bottom, a quick rally to record highs looks unprobable. Analysts are talking about that the cryptocurrency now faces price consolidation.

“Bitcoin looks to have bottomed out, having digested most negative news during the recent sell-off from $41,000 to $29,000,” . The trader and analyst Alex Kruger said.

Prices went up to $41,000 early last week before turning south in the latter half after the Federal Reserve’s unexpected hawkish dip on interest rates. Market signal and market value of cryptocurrencies are showing major fall.

Bearish sentiment got stronger on Monday after the People’s Bank of China repeated its crypto banking ban in the wake of the Chinese government’s crackdown on crypto mining. Bitcoin expanded the previous week’s sell-off. It continued hitting five-month lows near $29,000 during early U.S. hours Tuesday.

Stack Funds is also keeping a careful stance in spite of signs of bargain hunting.

“We have noticed that whales (large investors) are re-entering the market as risk appetite returns,” it said in a research noted published Wednesday. Short-squeeze hunters are also exiting the market, it said.

“We believe bitcoin is very close to the bottom, at least in this current wave,” analysts are talking about it. But, “we will keep a close eye on bitcoin’s price post options expiry, and it will be interesting to see how this will unfold in the first week of July, the start of the third quarter.”

Bitcoin price is 33,322.70 at the time of this report.

Continue Reading

Trending

  • bitcoinBitcoin (BTC) $ 34,072.00
  • ethereumEthereum (ETH) $ 1,991.00
  • tetherTether (USDT) $ 0.993923
  • binance-coinBinance Coin (BNB) $ 306.49
  • cardanoCardano (ADA) $ 1.38
  • dogecoinDogecoin (DOGE) $ 0.240170
  • xrpXRP (XRP) $ 0.663921
  • usd-coinUSD Coin (USDC) $ 0.998972
  • polkadotPolkadot (DOT) $ 16.01
  • binance-usdBinance USD (BUSD) $ 1.01
  • uniswapUniswap (UNI) $ 17.96
  • bitcoin-cashBitcoin Cash (BCH) $ 487.50
  • litecoinLitecoin (LTC) $ 134.15
  • solanaSolana (SOL) $ 30.72
  • chainlinkChainlink (LINK) $ 18.99
  • matic-networkPolygon (MATIC) $ 1.20
  • theta-tokenTheta Network (THETA) $ 7.02
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 34,068.00
  • stellarStellar (XLM) $ 0.268922
  • ethereum-classicEthereum Classic (ETC) $ 41.70
  • vechainVeChain (VET) $ 0.079265
  • daiDai (DAI) $ 0.995739
  • tronTRON (TRX) $ 0.066140
  • filecoinFilecoin (FIL) $ 56.73
  • internet-computerInternet Computer (ICP) $ 34.08
  • moneroMonero (XMR) $ 219.37
  • eosEOS (EOS) $ 3.82
  • compound-usd-coincUSDC (CUSDC) $ 0.022081
  • shiba-inuShiba Inu (SHIB) $ 0.000007
  • amp-tokenAmp (AMP) $ 0.061825
  • cdaicDAI (CDAI) $ 0.021389
  • okbOKB (OKB) $ 10.46
  • klay-tokenKlaytn (KLAY) $ 1.10
  • algorandAlgorand (ALGO) $ 0.873051
  • aaveAave (AAVE) $ 209.05
  • pancakeswap-tokenPancakeSwap (CAKE) $ 13.71
  • theta-fuelTheta Fuel (TFUEL) $ 0.470518
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.098669
  • cosmosCosmos (ATOM) $ 10.37
  • bitcoin-svBitcoin SV (BSV) $ 131.43
  • neoNEO (NEO) $ 34.54
  • celsius-degree-tokenCelsius Network (CEL) $ 5.72
  • leo-tokenLEO Token (LEO) $ 2.47
  • tezosTezos (XTZ) $ 2.80
  • compound-ethercETH (CETH) $ 39.87
  • iotaIOTA (MIOTA) $ 0.820988
  • ftx-tokenFTX Token (FTT) $ 26.23
  • terra-lunaTerra (LUNA) $ 5.34
  • makerMaker (MKR) $ 2,234.41
  • avalanche-2Avalanche (AVAX) $ 11.35
error: Content is protected !!