Gaming token Axie Infinity, (AXS), experiences a strong price increase in one day. AXS lets users earn rewards by playing
games.
The AXS token gives users in the Axie Infinity ecosystem governance power. It has risen by more than 50% in a day. This is an incredible rise and has surpassed all other NFT tokens. Gaming is huge, with millions of players around the globe. Axie Infinity claims that it is one of the most widely used gaming blockchains. The price of the AXS token was $71. 22 at the time of writing. Axie Infinity remains in development, but investors seem to love its token.
How and where to purchase Axie Infinity from the UK and other countries
To purchase the AXS token you must register with a broker or an exchange platform. Once you have registered an account, you will be able to buy tokens using either fiat or crypto funds. Avoid unregulated and decentralised exchanges. Fraud is more likely to occur on these platforms.
We have selected two of the most popular platforms where tokens can be purchased.
eToro
eToro offers some of the best multi-asset trading platforms in the world, with the lowest fees and commission rates. Its social copy trading capabilities make it an excellent choice for beginners.
Get AXS today with eToro
Coin Kong Trader
Coin Kong allows for quick buying and selling cryptocurrencies. This is a great choice for those who are new to cryptography. It offers excellent support, transparency and security.
Get AXS today with Coin Kong Trader
What’s Axie Infinity and?
Axie Infinity, a blockchain-based gaming network, is inspired by Pokemon. Participants can earn tokens through playing games. Blockchain is distributed and can be managed through the AXS token. Axies can be used to attack other players. Participants can lend money to each other within the ecosystem, and tokens can be easily traded for cash.
The token has registered a strong rise of 55% in a single day indicating that it has the potential to rise further in future.
Should i buy AXS now?
Looking at the weekly chart for AxieInfinity, we can see that the token was range bound but experienced a clear rally yesterday. AXS could rally further due to the popularity of gaming tokens among enthusiasts. It is necessary to purchase in-house in the AXS ecosystem. Players can also use it for governance powers, which could explain its popularity.
AXS weekly chart. Source: CoinMarketCap
Early Investors could enjoy handsome returns if the price momentum is maintained. AXS’ unique play-to-earn model will ensure that it remains a strong contender to be the best NFT token. It has become the largest NFT token with this price rise and saw a record 24-hour trading volume.