$AXS
Axie Infinity (AXS) is the governance and utility token of the Axie Infinity blockchain gaming ecosystem. As of recent market data, AXS trades at approximately **$1.10–$1.15 per token**, with a **market capitalization of about $185–190 million** and a **24-hour trading volume around $40–41 million**, showing moderate liquidity in the gaming-token sector. The circulating supply is roughly **169 million AXS** out of a **total supply of about 270 million tokens**, giving the project a **fully diluted valuation near $300 million**. Historically, AXS reached an **all-time high of about $165 in November 2021**, meaning the current price is **over 99% below its peak**, reflecting the sharp decline in many play-to-earn tokens after the 2021 gaming-crypto boom. The token is primarily used for **governance, staking, and in-game economic activities**, including breeding and ecosystem rewards within the Axie Infinity platform. Overall, AXS remains a **high-volatility asset**: despite its strong brand in blockchain gaming and a large historical user base, its valuation now depends heavily on the recovery of GameFi adoption and player activity in the ecosystem.