Axie Infinity, a popular NFT game, has made a lot of money in the last 30 days. According to Wu Blockchain on Twitter, Axie Infinity has been able to lead the way with significant growth in Dapp revenue over the last 30 days. Dapps have brought in a record $190.9 million in income for the NFT game. With increasing sales volume on OpenSea, an NFT marketplace for buying and selling products, the non-fungible token market continues to heat up.
Dapps stand for decentralized applications, which are applications that exist on the blockchain rather than on the internet. These dapps are typically created on a smart contract platform such as Ethereum.
Returning to Axie Infinity and NFT games, dYdX has managed to surpass OpenSea with $66.9 million in agreed income over the last 30 days, despite the slowing of the NFT market as the bubble has partially peaked. The difference between Axie Infinity ($190.9 million) and dYdX ($66.9 million) is enormous.
AXS Price to Hit $200?
Facebook’s renaming to Meta on October 28 was a confirmation of the company’s goals to develop a metaverse beyond online social media. In the Metaverse, this announcement sparked a speculative spike in NFT and Gaming cryptos.
According to the Axie Infinity price analysis, AXS is bullish today, as it continues to rise after hitting a new high of $143. As the bulls maintain their dominance, further price advancement has been noticed today.
The price of Axie Infinity is on track to hit fresh all-time highs near $200. The price of Axie Infinity is declining from recent highs, currently trading at $134, down 3.7 percent in the last 24 hours. However, after AXS price verifies an upside breakout, the bullish potential remains intact.