Axie Infinity is a blockchain-based game developed by Sky Mavis. It features a virtual world where players can collect, breed, raise, battle, and trade creatures called Axies. These Axies are unique digital assets, each represented by a non-fungible token (NFT). The game operates on the Ethereum blockchain and uses its native token, AXS (Axie Infinity Shards), for governance, staking, and specific in-game actions. Players can earn rewards through gameplay, which has made Axie Infinity popular in the play-to-earn (P2E) gaming sector.
In this Axie Infinity price prediction, we discuss the future perspectives of the AXS token for the coming years.
Axie Infinity (AXS) overview
According to CoinMarketCap, as of July 18, 2024, AXS was the 73rd most valuable cryptocurrency by market capitalization. The table below summarizes other relevant data for the same date.
Axie Infinity (AXS) price history
The AXS token was launched on November 3, 2020, with an initial price of around $0.18. Throughout 2020, it remained relatively stable and low in value. The AXS price rose in early 2021, climbing above $1 by February, driven by increasing interest in NFTs and blockchain gaming. This token saw a substantial price surge mid-year, peaking at $45.6 on July 28, 2021. This hike was fueled by growing popularity and user adoption. The price continued to climb, reaching an all-time high of $165.4 on November 6, 2021, marking the peak of the P2E gaming hype.
After its peak, the AXS price declined, reflecting broader market trends and reduced speculative interest in cryptocurrencies. By mid-2022, AXS traded around $20 to $30, ending that year at approximately $6. The price of AXS continued to fall, influenced by market conditions and the evolving landscape of blockchain gaming. By mid-2023, AXS traded in the range of $5 to $10, ending that year at approximately $9.
The AXS price has shown significant volatility in 2024. It reached $12.7 on March 13. However, after this hike, the price dropped and fluctuated around $7. As of July 18, 2024, AXS traded at about $6.1.
Axie Infinity (AXS) price prediction
AXS price prediction for 2024
In the second half of 2024, the AXS price will likely increase. DigitalCoinPrice predicts that the average AXS price in 2024 will be $12.8, with a potential maximum of $13.4. CoinPedia is more optimistic, indicating an average price of $11.9 and a maximum of $16.1. Hence, an AXS investment at the current trading price of $6.1 could yield a +164% return in this year’s remainder.
AXS price prediction for 2025
Next year, AXS will trade at an average of $11.1, reaching a potential maximum of $12.8, according to PricePrediction. In contrast, DigitalCoinPrice expects the average AXS price to be $15.5, with a maximum of $15.8. CoinPedia has a more optimistic scenario, with an average AXS price of $19.6 and a maximum of $23.5. Therefore, an AXS investment at the current $6.1 per token could grow by +285% next year.
AXS price prediction for 2026
The AXS price will continue to expand in 2026. According to PricePrediction, the average AXS price in 2026 will be $16.5, with a potential maximum of $18.7. DigitalCoinPrice predicts an average price of $20.7 and a maximum of $22.3. CoinPedia expects an average AXS price of $24 and a maximum of $27.9. So, an AXS investment at the current $6.1 per token could increase its worth by +357% by 2026.
AXS price prediction for 2030
In the long run, the AXS price might significantly increase. DigitalCoinPrice predicts an average AXS price of $45.7 in 2030, with a potential maximum of $46. CoinPedia expects an average price of $49.4 and a maximum of $55.8. PricePrediction is much more optimistic, indicating an average AXS price of $74.3 and a potential maximum of $85.1. Hence, an AXS investment at the current $6.1 per token could grow by +1,295% by 2030.
Conclusion
Axie Infinity is among the most popular P2E cryptocurrency ecosystems and gaming networks. It leads the pack regarding daily, weekly, and active users. Axie Infinity also plays a crucial role in making blockchain technology fun and accessible to everyone. So, one can only expect its governance token, AXS, to increase its value in the future. However, it is best to research this asset thoroughly before investing.
FAQs
Is Axie Infinity (AXS) a good investment?
Yes, most price predictions indicate that this asset will increase its worth in the future. Moreover, the P2E gaming sector is gaining more adepts every year. However, as with all other cryptocurrencies, you must invest cautiously in this asset.
How high can Axie Infinity (AXS) go?
According to PricePrediction, AXS will reach a maximum price of $263.9 in 2033. In the distant future, AXS could trade at a maximum of $4,442 in 2040 and $6,919 in 2050.
Where can I get AXS tokens?
You can get AXS from LetsExchange.io at competitive rates.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.