Cryptocurrency Price Prediction

Axie Infinity (AXS) Price Prediction 2022, 2023, 2024, 2025: Will AXS Price Go Up?

Written by: Elena R

Written by right arrow

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

  • author twitter

Sep 22, 2022

news-image

One of the growing trends in the crypto verse is blockchain gaming. The young and promising project that is ruling the gaming sector is axie infinity . The platform has its own native token AXS. This protocol came up with stunning functionality, where traders can earn through gaming. And well, It was a huge success!

Terra

$2.74

green-dropdown 13.585%

Zcash

$57.50

green-dropdown 2.679%

Polkadot Token

$6.44

green-dropdown 2.222%

Compound

$63.33

green-dropdown 1.409%

Cosmos

$14.14

green-dropdown 0.856%

Kusama

$41.91

green-dropdown 0.479%

$4.56

red-dropdown 0.132 %

Kusama

$41.91

red-dropdown 0.479 %

Cosmos

$14.14

red-dropdown 0.856 %

Compound

$63.33

red-dropdown 1.409 %

Polkadot Token

$6.44

red-dropdown 2.222 %

Zcash

$57.50

red-dropdown 2.679 %

Terra

$2.74

red-dropdown 13.585 %

AXS’s price has increased dramatically since its inception, and boasts an ROI of 15114.83%, despite the numerous falls of the industry. Its exceptional performance and notable revenue have turned heads in the industry. Marketers are still wondering if they should get some AXS before its too late. In this write-up, we illustrate the feasible AXS price predictions for 2022 and beyond!

Overview

Cryptocurrency.Axie Infinity.
Token.AXS.
Price.$12.24
Market Cap.$1,016,479,579
Trading Volume.$119,197,319
Circulating Supply.83,056,186.67 AXS
All-time high.$165.37 (November 06th, 2021)
All-time low.$0.1234 (November 06th, 2020)

*The statistics are from press time.

Axis Infinity (AXS) Price Prediction

YearPotential LowAverage PricePotential High
2022$12.763$14.77$17.22
2023$15.85$23.18$29.14
2024$26.64$38.53$50.64
2025$44.72$63.18$82.90

Axie Infinity Price Prediction For 2022 

Axie Infinity had commenced the year continuing its downtrend from the previous year, with a price tag of $92.18. Which further took a slide to $67.18 by the 10th of January. While the price of AXS did pose a leg-up to $83.85. The altcoin had a fall to its support at $47.95, by the 24th of January. Following an up-trend seen on the 5th of February, the price spiked to $71.67, by the 7th of February.

However, turmoil in the business resulting from war, and anxiety around FED’s rate hike, pushed the price back to its support levels. AXS was then seen hovering closer to its support levels until the 23rd of March. When it scripted a spike, which made way to its quarterly closure at $69.74.

The second quarter commenced with a price tag of $67.45. Moving forward the trajectory of AXS’s price slipped to the south, in the midst of aggravating circumstances. The price of AXS registered a fall of over 75% in the second quarter. 

AXS Price Prediction For Q3 

If Axie Infinity manages to gather stream and build up on volumes in the due course of the quarter. AXS could stride toward its resistance at $13.12. On the flip side, NFTs and gaming the sector, losing out on glimmer could drag the price down to $11.76. Considering the maximum and minimum targets, the regular price could find place at $12.33

Axie Infinity Price Prediction For Q4

According to the network’s whitepaper, the network is coming up with a series of updates. Such as AXS staking, Land gameplay community alpha, and mainstream release of the application on smartphones. Which could propel the price to its peak of $16.28. Seeking further impetus from its growing user base and transaction volumes. The price could hit its potential high of $17.22.

Conversely, the project not standing true to its expectations could suppress the price down to $12.763. That said, with a balance in buying and selling pressures, the price could settle at $14.77.

AXS Crypto Price Prediction For 2023 

The NFTs and gaming sector could further flourish in the cryptosphere in 2023. Which would bring impetus to the price action of AXS, that could rocket to its maximum of $29.14. However, negative criticism and depleting volumes could land the price at $15.85. Constrained by linear momentum, the average price might settle at $23.18.

Axie Infinity Crypto Price Prediction For 2024

Learning from Into The Block’s holding distribution. The count of tokens held by addresses has been ranging in linear momentum. Successively, the negligible change makes AXS immune to massive downswings, and also translates to the collective growth of the asset. On a positive note, AXS’s price could compound on gains to claim its potential high of $50.64 by the end of 2024. 

Conversely, a possible economic crisis or regulatory crackdowns, could knock the price down to $26.64. That said, a balance in every day trade activities could pave the way for an average price tag of $38.53.

AXS Price Prediction For 2025

As NFT’s marketplace is going to flourish in upcoming years, with its promising events in line. The future seems to be really positive for Axie infinity and new milestones are anticipated on its way. If the network successfully executes the planned events, then the price may hit $82.90 by the end of 2025.

On the downside, if the network fails to attract new community bases, and falls prey to rumors. The bears may easily take over. In such a case the AXS price may plunge down to $44.72. Successively, considering the bullish and bearish targets, the regular price might find its base at $63.18

Market Analysis

Digital Coin Price:

Digital Coin Price has revised its AXS price prediction. According to the analysts the price will reach $14.96 by 2022. And rally further to cross $29.41 by the end of 2023. That said, the forecast expects the price to hit a maximum of $51.98 by the end of 2025.

Price Prediction: 

The website expects AXS price to hit its annual high of $14.80 by the end of 2022. The analysts from the company have also made predictions for the long term. They expect the price to hit a maximum of $53.02 by the end of 2025.

Trading Beasts:

As per the Axie Infinity price prediction by Trading Beasts, the altcoin could catapult to a maximum of $17.248 by the end of 2022. Whilst a reversal in trends could knock the price down to $11.728. An equilibrium in trade activities is anticipated to land the price at $13.798. The analysts from the firm have pinned the pricier targets for 2023 and 2025 at $23.660 and $38.397

Click here to read our price prediction for The Sandbox!

What Is Axie Infinity (AXS)?

Axie Infinity is an interesting blockchain game, which aims to bring masses to the crypto space in a fun way. AXS is a play-to-earn token built on the ETH (Ethereum) network, which is used for governance on the platform. This revolutionary concept was developed in the year 2018. By trung nguyen , Aleksander 0Larsen, Tu Doan, Andy Ho, and Jeffrey Zirlin. 

The unique idea was inspired by popular games like Pokémon and Tamagotchi. The token supports users to collect, breed, raise, battle, and trade token-based creatures known as Axie. This token can take several forms, and there are over 500 Axie body parts. Including aquatic, beast, bird, plant, reptile, and more. Moreover, the parts also come with four different rarities: Common, Rare, Ultra rare, and Legendary.

Each Axie is an NFT with unique features and benefits that will take a turn to compete in 3v3 battles. The winning team earns more experience points that are further utilized to level up their Axie’s scores or transform body parts. These Axie can be combined together to evolve new and different offspring, which can be further sold on the platform’s marketplace.

Company Details

axie infinity

  • Media

Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets. All art assets and Axie genetic data can be easily accessed by 3rd parties, allowing community developers to build their own tools and experiences in the Axie Infinity universe. Although it is still in early access, Axie is ranked the #1 Ethereum game by daily, weekly, and monthly active users. It has generated over 6,400 ETH in revenue (2M+ USD) so far.   The aim of the game is to align the incentives of players and developers in new and intriguing ways. The game was released in the year 2018 by developer Sky Mavis. While it is a fun game, it's also taken on characteristics of a social network and jobs platform due to the strong community and play to earn opportunities that have come from its early success. Where players will get rewarded with crypto tokens when their vibrant cartoon monsters win a battle. Players can also trade their monsters on the NFT marketplace using the game's cryptocurrency.   In this game, as a player you can create characters that have the appearance same as monsters in the popular game Pokemon style, As it is inspired by this famous game-Axie's are represented in the form of NFT tokens, thus becoming cryptographic collectibles that you can later improve to put in battles against other Axie's and make some virtual money.  

Fundamental Analysis

Axie Infinity was launched by Sky Mavis, the Vietnam-based technology-focused game developer organization. The platform has two founders Trung Nguyen and Aleksander Larsen. Trun Nguyen is the present CEO of the network. Nguyen accomplished his graduation with a BS in computer software engineering. And prior to founding the platform, he had accumulated experience of more than a year as a software engineer at .

On the other hand, Aleksander Larsen, another co-founder of Axie Infinity, has gained experience in blockchain gaming since 2017. He had also contributed his service as the executive security officer for the Norwegian government security organization. Apart from these founding members, the network consists of dozens of dedicated individuals.

Axie infinity witnessed a rise in its user base in 2021, surpassing a total of 1 million users. With all these player bases there comes the need for regular updates and revolutionary content. In order to fulfill the same, the network is coming up with many exciting updates. Such as AXS staking, updates on Axie infinity shards, Integration with the iOS/App store, and many more in its bag!

CoinPedia’s Axie Infinity Price Prediction

The project seems to be unstoppable with a series of events lined up for launch. According to Coinpedia’s formulated Axie Infinity price prediction. If the network witnesses timely launch of upgrades the price may easily surpass the $17 mark this year. If the network fails to execute its plan, then the price can also dip to $12.5. Considering everyday buy and sell pressure and keeping the above factors in mind the average price could be at $14.8.

Historic Market Sentiments

2020:

  • Axie Infinity entered the market in November 2020 with an ICO of $0.1
  • As the network entered the market almost toward the year-end, the price hovered at the value of $0.5 with no activity.

2021:

  • The AXS hovered around $2 during the first two months of 2021. 
  • In March the platform came up with development upgrades, and also made major media appearances. Which helped the price spike to $10 by May-end.
  • It fell into a bearish trap on May 19th and lost almost 60% of the value, dropping to $3
  • The increased popularity of NFT’s in the month of July, commenced its intense bull run hitting $81.2 on July 28th. 
  • Going through some variations the Axie Infinity (AXS) price hit $92.21 by the end of Q3.
  • Q4 was bullish for AXS, as it shot up to $165.27 by the 7th of November. However, the digital token sunk down to $92.15 by the end of the year.

To read our price prediction of VeChain (VET) click here!

FAQs

Is Axie Infinity (AXS) a good investment?

Yes, AXS is a profitable investment if considered for the long term. As we would witness NFTs and blockchain games thriving in the near future. 

How high could AXS go by the end of 2022?

The digital asset could possibly trade as high as $17.22 by the end of 2022.

What can be the maximum trading value of AXS by the end of 2025?

As per our AXS price prediction, the digital token could close its trade for 2025 with a pricier tag of $82.90.

What is the ROI of AXS?

The ROI of AXS, since the least known value is an astonishing 12133.54%.

How to buy Axie Infinity’s AXS?

AXS is available for trade across prominent cryptocurrency exchange platforms such as Binance, Huobi Global, FTX, and KuCoin, amongst others.

Show More

Was this writing helpful?

dislikeimage No myImage Yes

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Related Articles

Back to top button