Axie Infinity Price Prediction, will AXS’s price hit $4.20?
Axie Infinity’s price at the same time last week was $8.64. It has moved by 9.03% in the past week and is currently at $8.57. Infact, in the past 24 hours, AXS has dumped by -0.61%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and AXS could hit $17.50 in 2024.
The total circulating supply of Axie Infinity as of writing this article was $115661358.61 and the marketcap of AXS remains at $990,152,614.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
About Axie Infinity
Axie Infinity: An overview
At its core, Axie Infinity is a metaverse gaming project filled with fascinating creatures known as Axies that players can collect as pets. Ultimately, players aim to battle, breed, collect, raise, and build kingdoms for their Axies. The game is built by Sky Mavis on Ethereum's Ronin side-chain.
Profiting from buying, battling, and breeding is at the center of this project as it paves a path for earning opportunities while gaming.
Axie Infinity is a Pokemon-inspired play-to-earn metaverse game that is powered by the Ethereum blockchain. Axie's metaverse, also known as Lunacia is made up of over 90,000 land plots. The Axies use this Land as their home while the users can freely exchange these Land plots, which are represented as NonFungible tokens (NFTs).
The project seeks to build a cohesive ecosystem of an immersive gaming experience based on player-owned economies. This feature puts Axie Infinity in a superior position from other metaverse-based games.
The success of Axie Infinity in 2021 is largely due to its swift scaling via the Ronin chain that was designed specifically for AXS. While this year has noted a streak of selling rallies, AXS has been struggling to keep up its heightened NFT sales, users, and ultimately, its price.
AXS's journey and its prospects
Axie Infinity Shards (AXS) are ERC-20 governance tokens for the Axie Universe. In essence, AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Thus, AXS's primary use cases lie in Governance, Staking, and Payments.
Additionally, to breed Axies, users would require Smooth Love Potion (SLP), which are the in-game token rewards. Players can earn SLP tokens during the gameplay and trade them for money at an exchange.
Resonating with the market-wide fallout, AXS's performance this year is on a downhill. Nevertheless, the token showed plateauing signs at the $11.75-$9.72 support range over the last three months.
The bears are visibly exerting control over the immediate as well the long-term trend. At the time of writing, AXS managed to find itself amongst the top 50 cryptos by market cap.
The coming weeks could be vital to measure the chances of a bullish comeback. To make a rather more instructed opinion on AXS's likely course, it becomes essential to peek into the project's development so far and its roadmap.
Can AXS unleash its potential?
- BUILDER'S PROGRAM FOR DEVELOPERS
Earlier this year, Sky Mavis launched the Axie Infinity Builders Program. The introduction of this program will provide support to community developers building gaming experiences on the platform.
This Program serves as a booster for community-created games and experiences. With an expanding list of games, Axie NFTs will represent tickets that can be used ubiquitously to sign into its suite of play-to-earn experiences.
A few months ago, Sky Mavis announced its decision to choose 12 projects entitled to the minimum grant out of the thousands of applications received.
Furthermore, a corresponding hike in the development activity metric can be observed, especially since mid-June. But on the flip side, the price seemed to disregard this reading as it kept declining amidst the broader 'fear' sentiment.
The price could replicate this metric's northbound movement should the broader macro economical conditions see an improvement.
- DECLINING USER INTEREST
The market is exhibiting a significant plunge in the project's social volumes alongside its daily active addresses. Also, the users' trust seemingly took a toll, especially after the crypto heist of over $600 million from the Ronin Blockchain earlier this year.
The broader market conditions have only worsened the prospects of creating a solid incentive for gamers and developers to spring a substantial uptick in daily activities.
While on one front the developers are showing increased on-chain activities, the users' interest must revive for AXS to be able to cross above the $20-mark at the very least.
- FUTURE REVENUE STREAMS
The press time primary revenue sources for Axie Infinity include,
- Breeding fees for breeding Axies.
- A 4.25% Axie Marketplace fee from sales of Axie NFT assets: Axies, land, and land items.
Going forward, Axie Infinity plans to run a 'Game-as-a-Service' model while introducing a variety of features in the coming times. The potential revenue streams for the project include earning fees on in-game consumables. Also, as per the project's claims, it can charge fees when players want to level up their game characters, play in tournaments, and craft new assets.
However, it becomes vital to take note of the corresponding impact on the increased costs for the users. The efficacy of these developments alongside the competitor's moves could influence AXS's trajectory in the coming months.
As far as its roadmap is concerned, the coin is yet to complete any significant milestones it had planned for 2022. The buyers should keep a close watch on them to assess the token's rebounding capabilities.
Axie Infinity (AXS) Price Analysis
AXS witnessed an exponentially unhindered growth on its charts in 2021. The bulls propelled a rally above the 20 EMA (red) and the 50 EMA (cyan) to reveal a strong buying advantage. Consequently, AXS attained its ATH on 6 November 2021 after poking the $166 zone.
AXS Weekly chart
After the broader market breakdown, AXS's decline saw an over 90% devaluation as dropped toward the $11.7-$9.72 support range. The token could now seek to rebound from its yearly lows as the decline has been plateauing in this region.
This bearish rally entailed a descending channel on the weekly chart. The token could see near-term rebounding chances with the support range standing sturdy.
An eventual break above the upper trendline of the down channel could foster a breakout rally. In this case, potential targets would lie in the $20-$30 range before a plausible reversal.
However, a break below the $9.72 baseline would establish and reaffirm the bearish bias while positioning the token to test the $5.75 support before a bullish push.
The Relative Strength Index (RSI) exhibited a robust selling edge after swaying near the threshold of the oversold mark. A likely reversal from these lows could position the token for near-term gains.
Moreover, the Accumulation/Distribution (A/D) maintained its immediate support after a mild bullish divergence with price.
Should you consider buying AXS?
Over a longer period, Axie Infinity's sustainability requires new players to join its network. These new players would be required to purchase new axies which could result in increased demand and subsequently a higher price. But with the declining user interest, only time will tell how AXS's roadmap influences its value perception in the minds of investors.
From this year’s perspective, the altcoin still needs to find renewed buying pressure to find a break above its up-channel. The buyers could look for the entry triggers and targets as discussed above.
Axie Infinity Price Prediction
Axie Infinity has had an eventful 2021. To simplify the latest AXS price prediction, we have divided up the prediction by short term Axie Infinity price prediction and long term Axie Infinity price prediction. As of writing this article, AXS had a trading volume of $55,997,296. Axie Infinity has gone down by -23.29% in the past 30 days.
According to our analysis in the short term, Axie Infinity price prediction for May 2023 shows the average price of AXS at $1.59 and the highest possible price for May 2023 would be $1.70.
Further, according to our analysis in the long term, Axie Infinity price prediction for September 2023 shows the average price of AXS at $2.68 and the highest possible price for September 2023 would be $2.87.
Axie Infinity's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 24 Mar 2023 | $7.37 | $6.85 | $7.88 |
| 25 Mar 2023 | $7.25 | $6.75 | $7.76 |
| 26 Mar 2023 | $6.79 | $6.32 | $7.27 |
| 27 Mar 2023 | $6.52 | $6.07 | $6.98 |
| 1 Apr 2023 | $4.42 | $4.11 | $4.73 |
| 6 Apr 2023 | $2.85 | $2.65 | $3.05 |
| 16 Apr 2023 | $1.50 | $1.39 | $1.60 |
| May 2023 | $1.59 | $1.48 | $1.70 |
| June 2023 | $1.86 | $1.73 | $2.00 |
| July 2023 | $2.14 | $1.99 | $2.29 |
| August 2023 | $2.41 | $2.24 | $2.58 |
| September 2023 | $2.68 | $2.50 | $2.87 |
| October 2023 | $2.96 | $2.75 | $3.16 |
| November 2023 | $3.23 | $3.00 | $3.46 |
| December 2023 | $3.50 | $3.26 | $3.75 |
Axie Infinity price prediction 24 Mar 2023: Axie Infinity’s price for 24 Mar 2023 according to our analysis should range between $6.85 to $7.88 and the average price of AXS should be around $7.37.
Axie Infinity price prediction 25 Mar 2023: Axie Infinity’s price for 25 Mar 2023 according to our analysis should range between $6.75 to $7.76 and the average price of AXS should be around $7.25.
Axie Infinity price prediction 26 Mar 2023: Axie Infinity’s price for 26 Mar 2023 according to our analysis should range between $6.32 to $7.27 and the average price of AXS should be around $6.79.
Axie Infinity price prediction 27 Mar 2023: Axie Infinity’s price for 27 Mar 2023 according to our analysis should range between $6.07 to $6.98 and the average price of AXS should be around $6.52.
Axie Infinity price prediction 1 Apr 2023: Axie Infinity’s price for 1 Apr 2023 according to our analysis should range between $4.11 to $4.73 and the average price of AXS should be around $4.42.
Axie Infinity price prediction 6 Apr 2023: Axie Infinity’s price for 6 Apr 2023 according to our analysis should range between $2.65 to $3.05 and the average price of AXS should be around $2.85.
Axie Infinity price prediction 16 Apr 2023: Axie Infinity’s price for 16 Apr 2023 according to our analysis should range between $1.39 to $1.60 and the average price of AXS should be around $1.50.
Axie Infinity price prediction May 2023: Axie Infinity’s price for May 2023 according to our analysis should range between $1.48 to $1.70 and the average price of AXS should be around $1.59.
Axie Infinity price prediction June 2023: Axie Infinity’s price for June 2023 according to our analysis should range between $1.73 to $2.00 and the average price of AXS should be around $1.86.
Axie Infinity price prediction July 2023: Axie Infinity’s price for July 2023 according to our analysis should range between $1.99 to $2.29 and the average price of AXS should be around $2.14.
Axie Infinity price prediction August 2023: Axie Infinity’s price for August 2023 according to our analysis should range between $2.24 to $2.58 and the average price of AXS should be around $2.41.
Axie Infinity price prediction September 2023: Axie Infinity’s price for September 2023 according to our analysis should range between $2.50 to $2.87 and the average price of AXS should be around $2.68.
Axie Infinity price prediction October 2023: Axie Infinity’s price for October 2023 according to our analysis should range between $2.75 to $3.16 and the average price of AXS should be around $2.96.
Axie Infinity price prediction November 2023: Axie Infinity’s price for November 2023 according to our analysis should range between $3.00 to $3.46 and the average price of AXS should be around $3.23.
Axie Infinity price prediction December 2023: Axie Infinity’s price for December 2023 according to our analysis should range between $3.26 to $3.75 and the average price of AXS should be around $3.50.
Axie Infinity's Long Term Price Prediction
Axie Infinity’s long term Price Prediction below is a look at AXS’s future prospect with regards to price. Axie Infinity was last seen at $8.57, with a market cap of $990,152,614 and trading volumes of $55,997,296. AXS’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2023 | $3.50 | $2.80 | $4.20 |
| 2024 | $14.58 | $11.67 | $17.50 |
| 2025 | $18.81 | $15.05 | $22.57 |
| 2026 | $24.27 | $19.41 | $29.12 |
| 2027 | $31.30 | $25.04 | $37.56 |
| 2028 | $40.38 | $32.30 | $48.46 |
| 2029 | $52.09 | $41.67 | $62.51 |
| 2030 | $67.20 | $53.76 | $80.64 |
| 2031 | $86.68 | $69.35 | $104.02 |
| 2032 | $111.82 | $89.46 | $134.19 |
| 2033 | $144.25 | $115.40 | $173.10 |
| 2034 | $186.08 | $148.87 | $223.30 |
Axie Infinity price prediction 2023: Axie Infinity’s price for 2023 according to our analysis should range between $2.80 to $4.20 and the average price of AXS should be around $3.50.
Axie Infinity price prediction 2024: Axie Infinity’s price for 2024 according to our analysis should range between $11.67 to $17.50 and the average price of AXS should be around $14.58.
Axie Infinity price prediction 2025: Axie Infinity’s price for 2025 according to our analysis should range between $15.05 to $22.57 and the average price of AXS should be around $18.81.
Axie Infinity price prediction 2026: Axie Infinity’s price for 2026 according to our analysis should range between $19.41 to $29.12 and the average price of AXS should be around $24.27.
Axie Infinity price prediction 2027: Axie Infinity’s price for 2027 according to our analysis should range between $25.04 to $37.56 and the average price of AXS should be around $31.30.
Axie Infinity price prediction 2028: Axie Infinity’s price for 2028 according to our analysis should range between $32.30 to $48.46 and the average price of AXS should be around $40.38.
Axie Infinity price prediction 2029: Axie Infinity’s price for 2029 according to our analysis should range between $41.67 to $62.51 and the average price of AXS should be around $52.09.
Axie Infinity price prediction 2030: Axie Infinity’s price for 2030 according to our analysis should range between $53.76 to $80.64 and the average price of AXS should be around $67.20.
Axie Infinity price prediction 2031: Axie Infinity’s price for 2031 according to our analysis should range between $69.35 to $104.02 and the average price of AXS should be around $86.68.
Axie Infinity price prediction 2032: Axie Infinity’s price for 2032 according to our analysis should range between $89.46 to $134.19 and the average price of AXS should be around $111.82.
Axie Infinity price prediction 2033: Axie Infinity’s price for 2033 according to our analysis should range between $115.40 to $173.10 and the average price of AXS should be around $144.25.
Axie Infinity price prediction 2034: Axie Infinity’s price for 2034 according to our analysis should range between $148.87 to $223.30 and the average price of AXS should be around $186.08.
A Historical look at Axie Infinity, AXS’s price:
AXS/USD Pair
AXS/EUR Pair
FAQs about Axie Infinity
Axie Infinity’s current price is $8.57 and witnessed a -0.61% decrease in the past 24 hours. AXS/BTC pair saw a 1.26% increase in the past 24 hours.
Investing in Axie Infinity, AXS will purely depend on your personal risk appetite. As you can see over the past 24 hours Axie Infinity’s price has witnessed a -0.61% decrease and over the past 30 days Axie Infinity has decreased by -23.29%. So it all depends on if this investment will hit your trading goals.
According to our latest Axie Infinity Price prediction for 2023, AXS should vary between $4.20 and $2.80 Please keep in mind that the crypto market is very volatile and this Axie Infinity price prediction does not account for extreme wild swings in price.
As per the Axie Infinity price prediction undefined model above, AXS’s price for undefined should range between $undefined to $undefined with the average price for undefined being $undefined.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2024 would be $14.58. This price would however would range from $17.50 and $11.67.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2025 would be $18.81. This price would however would range from $22.57 and $15.05.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2026 would be $24.27. This price would however would range from $29.12 and $19.41.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2027 would be $31.30. This price would however would range from $37.56 and $25.04.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2028 would be $40.38. This price would however would range from $48.46 and $32.30.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2029 would be $52.09. This price would however would range from $62.51 and $41.67.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2030 would be $67.20. This price would however would range from $80.64 and $53.76.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2031 would be $86.68. This price would however would range from $104.02 and $69.35.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2032 would be $111.82. This price would however would range from $134.19 and $89.46.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2033 would be $144.25. This price would however would range from $173.10 and $115.40.
According to the Axie Infinity Price Prediction model above, AXS’s price in 2034 would be $186.08. This price would however would range from $223.30 and $148.87.
The highest price for Axie Infinity was recorded in 6th November 2021 during which AXS hit an All Time High of $164.90
The price of 1 Axie Infinity according to current market rate is $8.57
