Is Axie Infinity (AXS) a Good Investment Thursday? (2024)

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Thursday, May 18, 2023 06:30 AM | InvestorsObserver Analysts

Is Axie Infinity (AXS) a Good Investment Thursday? (1)

Axie Infinity receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.

Trading Analysis

AXS's current risk score means it is a relatively low risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments. AXS has traded -4.14% lower over the past 24 hours to its current price of $7.24. This shift has occurred while volume is below its average level and the token's market capitalization has fallen. The cryptocurrency now has a market capitalization of $846,607,828.68 while $176,549,207.21 worth of the token has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Axie Infinity a low risk rating.

Summary

AXS's price movement over the past day of trading leads to a low risk ranking as its recent price movement relative to trading volume gives traders reason to be confident on the token's manipulability as of now. Click Here to get the full Report on Axie Infinity (AXS).

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Is Axie Infinity (AXS) a Good Investment Thursday? (2024)

FAQs

Will axs reach $100? ›

With former highs of over $165, AXS has the potential to go over $100. With a strong roadmap and a solid product, Axie will continue to work toward the $100 mark, but we predict it won't get there until after 2030.

Is AXS Infinity a good investment? ›

Is Axie Infinity (AXS) a good investment? Yes, AXS is a profitable investment if considered for the long term.

Is Axie Infinity still profitable in 2024? ›

Axie Infinity is poised for a rebound in 2024, with our AXS predictions expecting the price to climb as high as $14.79. Even a conservative forecast places the floor at $4.12, with an average closer to $9.40. AXS investors can likely look forward to positive returns over the year.

What is the future prediction for AXS? ›

Future Price Prediction: Analysts predict a modest growth to around $11.00 by the end of 2024. In the long term, if the play-to-earn (P2E) sector continues to grow and Axie Infinity expands its ecosystem, AXS could see substantial gains. Potential: Axie Infinity has strong brand recognition and a robust community.

How high can Axie Infinity go? ›

Axie Infinity price prediction 2025

The Axie Infinity price prediction for 2025 is currently between $ 5.99 on the lower end and $ 28.48 on the high end. Compared to today's price, Axie Infinity could gain 373.91% by 2025 if AXS reaches the upper price target.

What is the AXS all time high? ›

$164.90

Which Axie Infinity should I buy? ›

Buying your first Axies on the Axie Infinity Marketplace · Plant: Pumpkin, Carrot, Serious, Beech (the eyes and ears don't matter) · Bird: Hungry Bird, Kestrel, . Once you get more familiar with how gameplay works, you'll have a much better idea of which Axies you might want to pick up. There are a few .

What is the price target for Axie? ›

Axie Infinity Prediction Table
MonthMinimum PricePotential ROI
October$13.33115.7%
November$13.70122.3%
December$14.07129%
All Time$12.0292.5%
9 more rows

What crypto to buy now? ›

Here are the top crypto coins we recommend as the best crypto to buy now: PlayDoge ($PLAY), Sealana ($SEAL), WienerAI ($WAI), Binance Coin (BNB), XRP (XRP), and Solana (SOL). Let's dig a bit deeper.

How much will Axie Infinity cost in 2040? ›

Axie Infinity Price Prediction for 2040

By 2040, our forecast indicates that AXS can reach a maximum value of $116.97, with a potential low price of around $32.49. This implies AXS's trading range from $32.49 to $116.97 in 2040.

How much will 1 solana be worth in 2030? ›

Solana (SOL) Price Prediction 2030
YearPrice
2025$ 141.43
2026$ 148.50
2027$ 155.93
2030$ 180.50
1 more row

How do you earn SLP in Axie 2024? ›

Axie trainers can earn Smooth Love Potion [SLP] rewards by winning battles against their opponents in Ranked Arena mode. A small portion of SLP can also be earned as participation reward if you lose Arena matches, provided that certain criteria are met.

Will AXS reach $200? ›

Optimism among traders suggests that AXS reaching $200 by 2024 is within the realm of possibility, speculating on its growing popularity and a vibrant ecosystem.

What is the prediction for Axies? ›

Axie Infinity Price Prediction 2027 and 2028

During the correction years, we predict an average price of $328.45 in 2027 and $289.56 in 2028.

What is the future of Axie Infinity token? ›

Axie Infinity continues its growth trajectory, and according to analysts, it will start the year with a price of €40.60 and is projected to finish 2030 with a value of €45.11.

How much is 100 axs in usdt? ›

AXS to USDT
Amount (AXS)Amount (USDT)
50 AXS351.53 USDT
100 AXS703.06 USDT
500 AXS3,515.30 USDT
1,000 AXS7,030.60 USDT
4 more rows

What is the maximum supply of AXS coins? ›

AXS is +1.64% in the last 24 hours, with a circulating supply of 145.85M AXS coins and a maximum supply of 270.00M AXS coins. AXS ranks 88 by market cap. It has a 24H high of $6.88 recorded on Jun 15, 2024, and its 24H low so far is $6.64, recorded on Jun 15, 2024.

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