Axie infinity (AXS) starts correcting recent dive: Here is why the price is hiking

Axie infinity (AXS) starts correcting recent dive: Here is why the price is hiking
фото показано с : coinjournal.net

2022-1-26 10:47

After nose-diving for almost 20 days, Axie Infinity (AXS) turned green and jumped 14% yesterday and today it is continuing with the bullish trend.

At the time of writing, it was up 3.07% according to CoinMarketCap. It has hit a high of is $52.59 and a low of $49.58 in the last 24 hours.

But why is the AXS coin rallying? To find out what is happening behind the scenes of the current Axie Infinity bullish trend, scroll down.

What is Axie infinity?

Before delving into the current bullish trend, it is important that we first explain what Axie Infinity is for the sake of anyone that doesn’t know what it is.

In a nutshell, Axie Infinity is a metaverse blockchain that allows gamers to play games and also earn as they play.  

Axie Infinity players collect, breed, raise, battle, and trade non-fungible token (NFT) based creatures called Axies. And the cryptocurrency or token used in making transactions within the Axie Infinity ecosystem is denoted as AXS.

Why is Axie Infinity (AXS) price rallying?

Axie infinity turned green after news of being added to the list of cryptocurrencies that people can swap and borrow against on Nexo.

Get in the game! $AXS is now on Nexo!

Press play and buy, top up or swap for @AxieInfinity’s token to earn up to 36% APR, paid out daily!

You can also borrow against #AXS at industry-best rates.https://t.co/NSc4gPWeTs

— Nexo (@NexoFinance) January 25, 2022

After the listing on Nexo users will be able to purchase AXS and receive them in their wallets within seconds.

It will be possible to buy directly with cards or using crypto pairs as the AXS buying will be simple and safe since the user interface will have simple procedures. These available pairs include: AXS/ETH, AXS/BTC, AXS/USDT, AXS/USDx, AXS/GBPx and AXS/EURx.

Users will also be able to generate passive income once by topping up or buying AXS. The 36% interest offer will be there until 31st March 2022 which will be determined by the user’s loyalty class. You will get the following rates on Nexo.

With Nexo’s Earn Crypto Interest suite, users can buy or top-up AXS and begin generating a passive income at once. They get up to 36% daily interest when they buy AXS on Nexo until March 31, 2022; Platinum: Standard rate – 28%. Маximum rate – 36%, Gold: Standard rate – 24%. Маximum rate – 32%, SilverStandard: rate – 22.5%, Маximum rate – 30.5% and Base: Standard rate – 20%. Маximum rate – 28%.

Nexo

With the Nexo Crypto Credit Lines, it will be possible to borrow stablecoin or cash from 0% APR rates using the AXS collateral where the NEXO tokens in the user account will be inversely proportional to the credit line interest.

Users can also borrow a minimum of $50 and a maximum of $2 million with the upper limit being per single withdrawal. In addition, the exchange approval requests in seconds without a credit check.

Borrowers will also have a flexible credit repayment where they will be paying off their loans at their convenience, whether in full or partially.

The post Axie infinity (AXS) starts correcting recent dive: Here is why the price is hiking appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Wrapped Origin Axie (WOA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -0.15 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 442.17 (-100%)

axie axs infinity starts price hiking recent

axie axs → Результатов: 80


Аналитик указал на перспективы игрового токена Axie Infinity

Ведущий популярного канала Coin Bureau о криптовалютах задался вопросом, может ли токен популярной онлайн-игры Axie Infinity (AXS) добиться большего успеха после того, как в этом году он взлетел на ошеломляющие высоты.

2021-12-1 11:53


Фото:

Top 3 metaverse tokens to buy on November 22: AXS, MANA, and SAND.

Axie Infinity AXS/USD is one of the largest play-to-earn games in the crypto world, which is partially owned and operated by its players, who can earn AXS tokens through playing. Decentraland MANA/USD is a decentralized 3D virtual reality platform, and its software runs on Ethereum, which incentivizes a global network of users to operate the […] The post Top 3 metaverse tokens to buy on November 22: AXS, MANA, and SAND. appeared first on Invezz.

2021-11-23 18:17


Токен Axie Infinity взлетел на 115% на фоне эирдропа

За последние четыре дня нативный токен блокчейн-игры Axie Infinity (AXS) вырос на 115%, а 4 октября обновил исторический максимум на отметке $155. Капитализация проекта превысила $9 млрд, согласно CoinGecko.

2021-10-4 18:08


Axie Infinity вырос после заявлений о введении стейкинга

Токен управления крупной игровой блокчейн-платформы Axie Infinity AXS отреагировал ростом на заявление команды проекта о предстоящем вводе вознаграждений за стейкинг для держателей токенов. За последние 24 часа токен AXS вырос на 4% и торгуется на уровне $85,20.

2021-10-4 11:40


Sky Mavis to launch Decentralized Exchange for Axie Infinity

Jeff Zirlin, the co-founder of the Axie Infinity game, has announced plans to launch a DEX to permit buying and selling of AXS and SLP tokens on-chain. Axie Infinity, the game that allows people to battle chubby, fantastical beasts, and earn Axie Infinity Shards (AXS), which are ERC20 governance tokens, and clean love potion tokens … Continued The post Sky Mavis to launch Decentralized Exchange for Axie Infinity appeared first on BeInCrypto.

2021-10-4 15:27


Фото:

Разработчики игры Axie Infinity запустили децентрализованную биржу

Экосистема Axie Infinity, популярной игры на блокчейне Эфириума, продолжает быстро развиваться – разработчики запустили собственную децентрализованную биржу для обмена токенов AXS.

2021-10-2 13:13


Фото:

Разработчики Axie Infinity запустили программу стейкинга токенов AXS

Разработчики Axie Infinity, популярной игры на блокчейне Эфириума, продолжают развивать свою экосистему. Теперь пользователи могут заблокировать токены AXS для стейкинга и получать награды.

2021-10-1 23:12


GameFi: перспективы криптовалют и концепции «играй и зарабатывай» в гейминге

Взлет игровых токенов стал одним из самых заметных событий этого лета в криптоиндустрии. Флагманом роста стал токен AXS от блокчейн-игры Axie Infinity, который за три месяца вырос более чем на 1500%, ворвавшись в топ-50 активов по капитализации и попав на страницы мировых финансовых изданий.

2021-8-31 11:13