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Axie Infinity Surges in Value To 59% In A Week

Hanna Carter by Hanna Carter
August 17, 2021
in Altcoins News
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Axie Infinity Surges in Value To 59% In A Week

Axie Infinity Surges in Value To 59% In A Week

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The crypto industry is the new trend and the growth over the past couple of years is astonishing. The blockchain technology implemented in the crypto industry has gained attention from millions of developers and investors.

Significantly, just like blockchain technology, gaming technology embedded in gaming assets has received equal attention. Axie Infinity is one of the gaming platforms which has surged to new highs last week and has been in upward momentum for the past months. 

As per the weekly price-chart, AXS has risen to 59% in the past week and stepped into the top 50 most valuable crypto-projects. According to Coingecko, AXS holds 41st place and is now 9.7% lower than ATH of $75.73 marked last-week.

Axie Infinity Soars to 276% Within 30 Days

AXS token climbed to 59.3% in the past-week and with the two-week chart, the token surges to 72.4%. Moreover, during the last 30 days, AXS has surged to 276.2% and thus it is noticeable that Axie Infinity has grown in popularity.

At the time of writing, the trading price of AXS is $69.67. Besides, within the last 90-days, the AXS token soars to 934.35% and 840.61% against USD and Bitcoin respectively.

According to the statistics from Google Trend, the search-query for “Axie Infinity” has touched the mark 100 during the week of July 11-17. Since then, the trendline of search queries for “Axie Infinity” has been wavy, but it has remained above 70. Significantly, the traffic for ‘Axie Infinity’ mostly gathers from the regions of the Philippines, Venezuela, Cuba, Macao, and UAE.

However, the popularity of the gaming industry and gaming-assets has attracted many investors. Among gaming-assets, Axie Infinity sets as the first token to reach new heights, implying that it has the potential to thrive in the market. Furthermore, users anticipate that AXS will soon reach a new all-time high, owing to the token’s potential.

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