Axie Infinity (AXS) Price Prediction 2023, 2025, 2030 — Will AXS Hit $1000? - BTCC (2024)

Play-to-earn games have proven wildly popular inside the crypto ecosystem and are anticipated to be one of the largest growth markets in the next decade. Axie is one of the market-leading platforms. An online video game allows players to collect and mint NFTs, which symbolize Axies, digital pets.

To play the game, participants must own the platform’s native token, AXS. Axie token holders have endured a turbulent ride, and some speculate about the coin’s future price movement. We generated a price forecast for AXS coin between 2023 and 2030. In addition, we described the coin’s applications and the elements impacting its price.

What is Axie Infinity (AXS)?

Players of Axie Infinity, a card game built on the Ethereum blockchain, can breed, grow, combat, and trade their Axie creatures. Non-Fungible Tokens (NFTs) represent unique animals, powers, land plots, and other in-game assets in Axie Infinity, a game that claims inspiration from Pokemon and Tamagotchi.

Axie Infinity‘s Adventure and Arena modes both let players to acquire two different tokens—Axie Infinity Shards (AXS) and Small Love Potions (SLP). In its role as a governance token, AXS gives token holders a say in how the gaming ecosystem evolves in the future. Axies can be bred in the game for SLP, the in-game token.

The Axie Infinity team regularly posts updates to their blog, so be sure to bookmark it if you want to stay abreast of the latest developments. The Axie Infinity website is where you’ll be able to begin the game proper, along with the necessary instructions for creating, breeding, and fighting your very own Axie.

Axie Infinity (AXS) Price History

Axie Infinity is just one of many NFT video games available on the blockchain, but it was among the first to get widespread attention, press, and users. In comparison to other multiplayer games, players considered Axie Infinity to be incredibly accessible, and the game’s reward system and strong press attention only added fuel to the craze around it.

The increase in volume had an immediate effect on AXS’s business. The Axie Infinity token’s initial coin offering (ICO) occurred at the start of April 2021, with the first day of sales ending at about $7.70.

By the month’s end, AXS had extreme volatility, falling near $6.50 before briefly rising to almost $11. The hype fizzled out by the end of May 2021, when AXS had made a series of lower lows and had settled at $3. One month after its initial coin offering (ICO), the value of Axie Infinity coins had dropped by over 50%.

That would have been the weak hands that got shaken out, but the diamond hands didn’t have to wait long for a huge increase. The AXS coin fluctuated for only a month after hitting $3 until a large influx of buyers around the end of June 2021. In November of 2021, AXS reached $165, a new all-time high, after a surge of more than 5,200%.

The price of Axie Infinity rose steadily throughout the year 2023. Its value increased by about 22% on January 23. According to Decrypt, Axie Infinity’s price rose sharply when the AXS coin was released. The price of AXS was boosted by the release of about 2% of the total supply of AXS tokens. As of the month of February 2023, AXS is priced at $10.55 per share.

AXS to USD Chart (AXS)

Axie Infinity Chart

Axie Infinity (AXS) Price Prediction 2023

We see continued bearish pressure on the Axie Infinity price in 2023 due to the token’s strong 12-month-plus history of opposition. Below is a chart showing the 79% YoY decline in AXS stock (YoY). Most large-cap coins have seen corrections of more than 50% as a result of 2022’s cryptocurrency market crash.

But AXS has had a great 2023 thus far. The price of AXS has increased by 75 percent, from $6 in January 2023 to the current price of $10.55. We still believe AXS will be under selling pressure despite this increase. Much fewer people were using the Axie Infinity platform that year (2022). The number of users, which peaked at over 2.7 million in January 2022, dropped to below 750,000 by the end of the year.

Despite our forecast of a $12 high for AXS by the year’s end, the stock may fall as low as $6 in the coming years.

Axie Infinity (AXS) Price Prediction 2024

Because of how the economy works in-game, Axie Infinity may run into trouble in the middle of the game. In the play-to-earn market, retaining customers has always been a challenge. No one knows for sure if people want to join platforms like Axie Infinity because of the thrilling gaming or because they want to make money from their free time.

As the number of AXS token holders has decreased, so has the token’s value. We are unable to predict when the cryptocurrency boom will begin due to the current volatility in global markets. This means that by the year 2024’s conclusion, we expect AXS will be worth anywhere between $10 and $15.

Axie Infinity (AXS) Price Prediction 2025

Axie Infinity is hard at work enhancing the gameplay mechanics. Axie Infinity, the central idea of Axie, has only recently emerged. Because the number of active players has leveled off, Axie Infinity’s Axie Core project has been developed to deepen the connection between players and their Axie NFTs.

They plan to implement personalization features to entice members to keep their NFTs for longer. You can accessorize your Axie Core pets with Axie Core. Also, Axie Core will provide its users with the ability to improve their pets and increase their chances of gaining rewards from the system. This ecosystem’s battle mode, Axie Infinity Origins, will also receive new game mechanics and daily rewards for season 2.

AXS might be worth $36 at the year’s end, 2025. In the event of a bull market and the appearance of a new catalyst for Axie or the broader GameFi asset class, AXS might get to the $50 level.

Axie Infinity (AXS) Price Prediction 2030

The recent bear market is evidence that the crypto winter can be really painful. Olymp Trading predicts, however, that by the end of the decade, 10% of the world’s population will have used cryptocurrency. AXS could experience significant price growth as one of the most important assets in the cryptocurrency gaming industry.

Several alternative cryptocurrencies have experienced multiple bull runs, each time reaching new all-time highs that typically exceed the previous high by around 120%. Our Axie Infinity peak price forecast for 2030 is $200 if the same thing happens with AXS. By the decade’s conclusion, we estimate that AXS will be selling for at least $50.

Is AXS a Good Investment in 2023?

Players of Axie Infinity, a blockchain-based game, engage in battle, amass resources, and construct virtual kingdoms for their virtual pets. Non-Fungible Tokens (NFTs) symbolize unique species, powers, land plots, and other in-game assets, much like in Pokémon and Tamagotchi.

In games where the AXIE creature is used as a non-fungible token (NFT), this coin has quickly become the market leader. Starting the game is free, and players can earn in-game currency to spend on premium features and content later.

Will AXS Hit$1000?

One of the most important and constant aspects that determines and forecasts the value of cryptocurrency is price volatility. The historical price chart for AXS shows that its value rose to its highest point, $160.62, in November of 2021.

Since the lowest price of Axie Infinity was $0.18, it took almost a full year for the stock to reach its record high of $160.62. Keep in mind that from its trough to its peak, the price increased by roughly 892 times.

With its current price of $7.19, we can say that in the past 13 months, AXS’s price has dropped by 22.33 times, despite the fact that it has seen many ups and downs along the way. It took 12 months and a growth rate of 892 times before it reached its all-time value, therefore a monthly growth rate of 74.33 times seems plausible.

With its present price of $7.19, AXS would need to increase by a factor of 139.08 to reach a level of $1,000. Thus, its theoretical worth should increase to $1,000 within two months (keeping in mind its 74.33 times growth in one month). Although not impractical, it is hardly the primary consideration.

The shift in macroeconomic and liquidity dynamics over the past few decades is a major factor. This means that AXS cannot boast a 74.33-fold increase in monthly revenue compared to the prior year.

Conclusion

Overall, Axie Infinity appears to have a fruitful decade ahead of it. Investors should be wary of how dependent Axie Infinity’s price is on the acceptance of NFTs.

If NFTs are subjected to unfavorable regulation in the years to come, they may face difficulties. One could argue that NFTs for video games present a less pressing copyability and utility concern than those for the arts.

While the long-term viability of NFTs is unclear, the success of games like Axie Infinity and other forms of play-to-win gambling cannot be denied. Since the popularity of blockchain-based video games continues to rise, Axie Infinity is in prime position to expand. It has the potential to attract a large portion of the audience that played Pokémon Go back in 2016.

FAQs

1.What will the price of Axie Infinity (AXS) be in the year 2025?

In 2025, the average price of Axie Infinity will reach either $780 or $880, which is significantly more than its current all-time high. The lowest price that AXS might reach, according to Axie Infinity’s price forecast, is $670.

2.Will Axie Infinity (AXS) increase in price in 2025?

When Axie Infinity continues to rise in value, it might hit an all-time high of $952 in 2025, which is close to the $1,000 mark. Again, no one anticipates a price decline for AXS in 2025.

3.Will Axie Infinity (AXS) reach $200 per share?

According to Axie Infinity’s projections, the price of Axie Infinity will reach $200 for the first time in 2023 and stabilize above $200 by 2024.

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