Is AXS Crypto a good investment?

by Sonal Shukla June 10, 2022

written by Sonal Shukla June 10, 2022

AXS can be considered one of the most interesting cryptocurrencies in the world. It is named within the top 30 crypto coins in the market capitalisation values and it is quite popular among the new investors. A more than 3100 % growth rate has been observed in the crypto market for the past year. An all-time high in the values of AXS has been observed and it is expected that the trend will keep on growing Visit at: invest-store.com/

What is it?

• Axie Infinity can be considered as a battling game that is related to blockchain.

• The platform is used by famous gaming platforms like Pokemon.

• The players are the stakeholders of this particular platform and they can grow token-related creatures called Axies.

• Axies can easily take up different forms and there are more than 500 different body parts for the creatures created in this game.

• There are four kinds of rarity scales as well.

• The players can choose any kind of body combination for the creators to make them unique.

• Each creature can be considered as an NFT which has different strengths and weaknesses.

• The players who have more experience are considered to be professionals in this field.

• More than two creatures can be bred to find some new offspring that will have greater powers.

• The governance of this particular platform is not quite shady.

• The governance votes make sure that the platform is running and the treasury is handled by another group.

• The ecosystem is quite well developed and it can be compared with a commune as well.

Present Market Status

• The coin is presently being traded at $65.02 within 24 hours.

• AXS had faced a decrease in values over the last few hours and this has concerned the investors as well.

• The technical analysis for this platform can be considered to be unique and interesting for developers and investors alike.

2022 Price Prediction

• The investors might turn against AXs at the moment and the bears will likely be taking over the bullish market.

• The price of the coin might increase to a major extent and the bearish signals will become even more prominent with time.

• However, even with this statement, the SXS price is likely to be bullish for the moment.

• The coin market capitalization is quite strange at the moment.

• If the token can overcome the psychological resistances of the investors, the results are likely to be good.

2023 Price Prediction

• The price of the coin has been reaching a strong value of 400 USD.

• The cryptocurrency values of the market are greatly dependent on the resistance level of the investors.

2024 Price Prediction

• The new projects which have been related to the market are quite dependent on the price predictions.

• The new project forecasts are dependent on this area as well.

• Best investment in the market values can spike and reach up to 600 USD at present.

• The investors are quite hopeful about these changes.

2025 Price Prediction

• In the next few years, the value of this particular crypto coin can reach up to 800 dollars.

• It might not be very difficult to invest in the long term and short term plans at this particular time.

• The price targets and other such areas can be set with the help of this particular order.

• ATH can be reached quite soon on this platform within the next few years.

2026 Price Prediction

• It is expected that the price of this particular coin will reach about $1000 by the end of 2026.

• Proper adaptation and good investment can create this particular situation.

Conclusion

It might not be that easy for the new investors to get into a more complicated field. AXS has promised good results for the investors who are ready to take the leap of faith and wait for the next few years. It is strongly expected that the coin will reach new dimensions with the market trends. Better values can be assumed in the market capital as long as the investors keep hope and resist their psychological back falls. The crypto market is welcoming new players and AXS is one of them.

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Sonal Shukla

I am an author at NewsIndiaGuru for the past 1 years. I like to share information and knowledge. I love expressing my thoughts through my articles. Writing is my passion. I love to write about travel, tech, health, fashion, food, education, etc. In my free time, I like to read and research. My readings and research help me to share the information through my thoughts.

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