CryptoMarket

Axie Infinity rules the crypto gaming world, but is it a bubble?

The blockchain games in the crypto realm are still as interesting as they’ve always been. These blockchain games are sprouting up like mushrooms all over the place. This is all down to crypto networks like Ethereum (ETH) and Binance Smart Chain (BSC), which allow various crypto games to launch.

Axie Infinity (AXS) is one of the most popular gaming crypto networks in the world.

In terms of market capitalization, AXS has a total market cap of nearly $10 billion. With this market cap, Axie Infinity can rank among the top thirty cryptos in CoinGecko. Furthermore, AXS has achieved a growth rate of more than +36000 percent in the last 12 months. Indeed, AXS’s accomplishments have piqued the interest of investors and analysts alike.

As a result, people can’t help but wonder if Axie Infinity is an infinite opportunity or just a fad that will fade away soon.

Regardless, AXS has been active in the cryptocurrency market for about three years. AXS has already earned the trust of its investors and players on its network over the years. The Axie Infinity team is currently working on new technology to improve its platform and user experience. As a result, we can claim that AXS is one of the space’s promising crypto platforms.

However, before investing in any crypto assets, gamers and investors should conduct thorough research. Investors can use this to their greatest advantage when trading and playing AXS. AXS was trading at a bullish price of $143.3 per crypto at the time of writing, with a 24-hour trading volume of more than $350 million.

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