$AXS Axie Infinity (AXS) coin today including current price details and recent market context 📊:
Axie Infinity (AXS)
$2.88
+$0.26 (9.92%) Today
Live Price: ~$2.88 USD (fluctuating within ~$2.50–$3.00 today) �
📈 Today’s Price Snapshot & Market Data
AXS price trend:
• Currently trading around $2.8–2.9 USD with strong volume. �
• Compared to last 7 days, price is up ~130%+ on broader crypto weakness. �
• Market Cap: ~$480M, daily volume ~$700M — high trading action for a mid-cap crypto. �
📊 What’s Driving AXS Price Now
🔥 Strong Bullish Momentum
Recent market catalysts pushing price up include:
✅ Major tokenomics overhaul by Axie Infinity developers (Sky Mavis), including:
• Introduction of bAXS — a non-tradable token tied 1:1 to AXS used for in-game engagement and staking, aiming to reduce sell-pressure & bot farming and stabilize supply. �
• Halting of SLP emissions (Smooth Love Potion) in some game modes — cutting daily token inflation by ~30%+. �
These structural changes have been cited as major drivers behind recent 123% surge in AXS price. �
📈 Breakout & Technical Signals
• AXS has broken above the psychologically key $2 level, confirming renewed bullish interest. �
• On-chain momentum and volume support continuation toward higher resistance levels (~$3–$3.5) if buyers keep defending this zone. �
🧠 Bullish Vs Bearish Factors
📈 Bullish
✔ High trading volume & market participation. �
✔ Tokenomics improvements create supply constraints. �
✔ Strong short-term trend reversal from prior downtrend. �
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