Axie Infinity has taken the world by storm this year. But how long will its success last? To take a peek at Axie Infinity token’s future, read this article, where we provide the latest AXS price predictions and answer your burning questions on this topic.
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Axie Infinity Price Prediction: Is It Too Late to Invest in Axie Infinity?
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Table of Contents
Axie Infinity Fundamental Analysis
Project name
Axie Infinity
Stock Symbol
AXS
Current Price
11.46
Current Supply
270000000
Official Website
Axie Infinity Shards (AXS) is a governance token used in the Axie Infinity game — the hottest blockchain game of the summer of 2021. The creators of Axie Infinity claim that its purpose is combining work and play — meaning that the players can earn real-world rewards while having fun.
Axie Infinity is a game inspired by Pokemon and other titles like it. Players start by purchasing Axies — the creatures that can breed, get ability upgrades and fight against other players’ Axies. There is a wide variety of body parts that a player can choose to add to their Axie and evolve it, so there are some unique and valuable builds out there. Every Axie is an NFT token and can be traded with other players or sold — the most valuable ones selling for upwards of $820,000. A player can also build the environment for their Axies, such as purchasing land, which is also tradable. To get more unique combinations, Axies can be bred, which requires the second token circulating in the game — Smooth Love Potion (SLP). Those tokens are earned in battles as experience points.
AXS token is used for governance of the Community Treasury. Players’ tokens must be staked to participate in the voting process, which also allows them to earn rewards. AXS is also the main currency of the Axie NFT marketplace.
Axie Infinity Live Price Chart
During the first half of 2021, AXS token price followed the crypto market trend spurred by the Bitcoin rally, growing from $0.5–$0.6 in January to over $10 by April and then going down to ~$4 at the beginning of the summer. However, while the market has generally been staying low since the May crash, Axie Infinity Shards price has been experiencing unprecedented growth in July 2021, surging first to $28.6, then dipping briefly to ~$14.2 (still higher than any previous highs) and then soaring even higher, breaking a few possible resistance lines with no sign of stopping. On July 27, AXS token price reached a new all-time high of $53.28. This growth may be possibly prompted by Axie Infinity game migration from Ethereum to its own sidechain, as well as the network effects making its user base grow exponentially. In any case, AXS having its price continually trending up since the beginning of 2021 through the summer makes it a fairly unique player in the crypto world and a very interesting project to watch.
Axie Infinity Technical Analysis
Despite the fact that 100% accurate technical analysis for Axie Infinity cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated AXS buy-and-sell rating for selected timeframe. The summary for AXS/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Axie Infinity Price Prediction
Below we have collected the most reliable price projections for Axie Infinity (AXS) from popular forecast platforms.
Axie Infinity Price Prediction for 2023
As for Axie Infinity price predictions for 2023, there are divergent opinions. WalletInvestor expects a downturn towards $2.6358, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from PricePrediction.net, are more enthusiastic about Axie Infinity’s future price, citing upwards of $11.8038 in December.
Potential ROI:
-58%
Sell
Axie Infinity Price Prediction for 2024
According to TradingBeast, in 2024 Axie Infinity price is predicted to decline to $0, which makes Axie Infinity a poor investment option. PricePrediction.net, in turn, predicts the price drop to $7.7928, and WalletInvestor agrees with a predicted price fall down to $3.7818.
Potential ROI:
-66%
Sell
Axie Infinity Price Prediction for 2025
The experts are unanimous in their Axie Infinity price forecasts for 2025 — everybody expects Axie Infinity’s price to drop down by the end of that year. PricePrediction.net predicts the price to fall, reaching $10.1994. According to TradingBeast’s research, Axie Infinity’s price can drop down to $0. WalletInvestor’s forecast is also not so positive: its analysts hold the view that by 2025 Axie Infinity’s price will be about $2.7504.
Potential ROI:
-62%
Sell
Axie Infinity Price Prediction for 2026
Both PricePrediction.net and TradingBeast doubt that the Axie Infinity market will grow in 2026, predicting the price drop to $1.719 and $0 by the end of the year respectively. Other Axie Infinity price forecasts support the idea: WalletInvestor forecasts Axie Infinity to fall down to $0.9168 by December 2026.
Potential ROI:
-92%
Sell
Axie Infinity Price Prediction for 2030
Most experts are expecting a bleak future for Axie Infinity: long-term Axie Infinity price predictions promise significant decline by 2030. WalletInvestor predicts the price to reach $0.3438, while PricePrediction.net goes down for $0.3438. TradingBeast also puts not so big hopes on Axie Infinity in the long term: its Axie Infinity prediction for 2030 is $0.
Potential ROI:
-98%
Sell
Summary
As it can be clear from the analysis cited above, Axie Infinity (AXS) projections are rather contradictory. There is no universal consensus either about positive or negative future AXS price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Axie Infinity projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
