Axie Infinity, a blockchain gaming token, is one of the cryptocurrency assets seeing massive gains as the crypto market gradually returns to green after weeks of uncertainty due to the FTX breakdown. AXS’s weekly chart shows double-digit gains, with the price increasing by 24% in the last seven days.<\/p>\n
https:\/\/twitter.com\/DropTownSaloon\/status\/1600018073334927361?s=20&t=io411etAbkugdVHUaZPfIA<\/p>\n
AXS is a play-to-earn cryptocurrency game. Axie Infinity is essentially a Pok\u00e9mon-like game that uses public blockchain NFTs and the AXS currency, both of which may be used as in-game assets or exchanged outside the Axie Infinity ecosystem.<\/p>\n
Axie Infinity’s native token, AXS, which allows players to buy fantasy creatures called Axies, increased by 24% over a week. In addition to the price increase, there has been an increase in trading activity due to traders profiting from the recent volatility. AXS, which has a market valuation of $842 million, has also risen in the ranks of cryptocurrencies and is currently the 50th biggest cryptocurrency in the world.<\/p>\n
However, the blockchain-based game Axie Infinity has recently made a remarkable statement, one of the key factors that kept the AXS prices higher. According to “Artic,” an Axie Infinity missionary, “today, a group of over 600 devoted and significant community members have been gathered together to help build the future of Axie Infinity.”<\/p>\n
\nToday, a group of over 600 dedicated and impactful community members have been gathered together to help shape the future of @AxieInfinity<\/a>. <\/p>\n
It's been an honor to play a role in this early process. I'm looking forward to being part of whatever comes next! Let's keep building \ud83d\udee0\ufe0f https:\/\/t.co\/8KfZCl4oiz<\/a><\/p>\n
— Artic.ron \ud83e\udd87\ud83d\udd0a (@Axie44) December 5, 2022<\/a><\/p><\/blockquote>\n