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. A month of consolidation followed before buyers stepped in at the end of June to launch AXS on an epic rally.By the end of May 2021, AXS had lost more than 50% of its value since the ICO as it dropped to $3.The coin dipped to $6.50 at the end of the month before a short-term rally to $11.AXS began trading on major exchanges at the beginning of April 2021 and closed the first day at $7.70.Our Axie Infinity price prediction includes recapping key AXS events to highlight the massive volatility that the coin has experienced. Recapping AXS Key Eventsĭespite its high volatility, Axie Infinity is one of the best crypto games to play. Since reaching its ATH, AXS has lost 93% of its value. That was short-lived as AXS began dipping the following day and carried on until it eventually retested key support again. The Axie Infinity coin bounced off support a few days later and quickly spiked to $18. Once it broke through that level, AXS kept making lower lows to reach slightly higher than its ICO price level, finding key support at $12. The price kept dropping and failed to hold at $38, which is strong support. While many of the major altcoins lost about 70% of their value, AXS plummeted even lower.ĪXS had slight bounces in the downtrend, but the buy volume wasn’t enough for a price reversal. Bitcoin’s crash signified that it dragged the rest of the market with it, and the Axie Infinity cryptocurrency was one of the casualties.
That marked the top for AXS before falling just days later after setting an ATH. Not only did AXS set an ATH, but it rallied just over 5,200% to reach $165 in November 2021.
AXS Price Pump and ATHĪfter reaching $3, the AXS coin ranged only for a month before massive buy volume entered the market at the end of June 2021. That would’ve shaken out the weak hands, but the diamond hands didn’t have to wait long for a massive spike. One month after its ICO, the Axie Infinity coin lost more than 50% of its value. The excitement didn’t last long as AXS kept making lower lows and eventually reached $3 by the end of May 2021. 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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How to Watch Love Island UK From AbroadĬryptoassets are a highly volatile unregulated investment product.
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