Axie Infinity Overview
Axie Infinity (AXS) boomed with the NFT craze in 2021 and was taken even higher when Facebook rebranded as Meta. Before we reveal our Axie Infinity price predictions, let’s take an overview of where AXS stands in the market.
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After an exceptional 2021, will Axie Infinity — a very new entry to the crypto market — manage to hold on to its position? What is Axie Infinity expected to reach?
According to our long-term Axie Infinity price prediction, the price of Axie Infinity will reach $178 by the end of 2022, rising to $261 by the end of 2023 and $952 by the end of 2025. Axie Infinity will then rise to $1,645 in 2027, and $2,633 in 2030.
Are Axie Infinity prospects really so bright? We certainly think so! Read on and we’ll tell you all.
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AXS — Top Token For Crypto Gamers?
Axie Infinity is an NFT-based online video game and is arguably the most successful blockchain video game so far. Supposedly inspired by Pokémon, the idea of the game is to collect digital pets called ‘Axies’ which can then be raised and traded and even battled with one another.
AXS is one of two ERC-20 tokens used by Axie Infinity, the other being SLP. AXS stands for ‘Axie Infinity Shards’ and SLP stands for ‘Smooth Love Potions’.
Some of Axie Infinity’s rivals include:
What’s The Point Of Axie Infinity?
AXS acts primarily as a governance token, allowing holders to participate in the decentralised organisation (DAO) by voting on how the platform develops. Each ‘Axie’ in Axie Infinity is an NFT (non-fungible token) and is given value by the AXS inside. Meanwhile, SLP, Axie Infinity’s other token, is collected during gameplay.
Some of Axie Infinity’s benefits include:
- The biggest blockchain game to date.
- Part of the play-to-earn movement.
- NFT marketplace.
- Open-source — developers allow the community to create tools to enhance the game.
Who Is Behind Axie Infinity?
Axie Infinity was created by Sky Mavis, which is led by Trung Nguyen, Aleksander Larsen, and Viet Anh Ho.
Via Binance Launchpad, Axie Infinity raised $2.97 million in an initial coin offering (ICO) that ended on the 4th of November 2020 and has been active ever since.
What Is Axie Infinity Used For?
Axie Infinity is built on top of the Ethereum (ETH) network and is one of the largest dApps based on on-chain volume and by user count. As part of the Ethereum network, this means that Axie Infinity uses a proof-of-work consensus algorithm (however, as we all know, Ethereum plans to launch Eth 2.0 in the future, which will run a proof-of-stake algorithm).
Axie Infinity players can collect Axies, ‘raise’ them to become stronger and battle them. Axies can then earn experience from battles that increases their stats and change form, increasing their value. Axies can even be bred to create new Axies. Players can profit from trading Axies on the Axie marketplace. It is quite similar to Pokémon except Axie Infinity has assigned value to the virtual creatures and is part of the ‘play-to-earn’ movement.
Axie Infinity holders can also stake their tokens to earn more AXS passively.
Who Uses Axie Infinity?
Axie Infinity is the biggest blockchain game to date with up to 5 million players. At the very highest, Axie Infinity had up to 8.3 million one-time players in December 2021.
Technical Analysis Of Axie Infinity’s (AXS) Price Movements
Axie Infinity was first available in a token sale between the 3rd and 4th of November 2020, sold for a price of 1 AXS to $0.10. CoinMarketCap first started tracking the price of Axie Infinity on the 4th of November 2020 where it started selling for $0.1459.
At the beginning of 2021, Axie Infinity was $0.5926 and by the 6th of November 2021, AXS reached its all-time high of $165.37. Axie Infinity ended 2021 at $93.30. Axies 52-week low is $1.11 and on the 6th of November 2020, AXS reached its all-time low of $0.1234.
Axie Infinity Price Chart
Axie Infinity AXS/USD price chart. Source: Coinmarketcap
Expert’s Take On Axie Infinity Price Predictions
Though Axie Infinity price predictions disagree on how high AXS can go, they all expect it to increase.
Trading Beasts: “In February 2023, the Axie Infinity price is forecasted to be on average $60.964. The expected maximum price is $76.206, minimum price $51.820”.
Gov Capital: “Future price of the asset is predicted at $390.48140541003 (554.775% ) after a year according to our prediction system.
This means that if you invested $100 now, your current investment may be worth $654.775 on 2023 February 18, Saturday”.
WalletInvestor: “Based on our forecasts, a long-term increase is expected, the price prognosis for 2027-02-13 is 574.209 US Dollars. With a 5-year investment, the revenue is expected to be around +899.13%”.
DigitalCoinPrice: “The price of 1 Axie Infinity (AXS) can roughly be [up to] $78.95 USD in 1 [years’] time a 2X nearly from the current Axie Infinity price”.
Coin Price Forecast (2024-2028): “These five years would bring a significant increase: Axie price would move from $320.98 to $956.43, which is up 198%. Axie will start 2024 at $320.98, then soar to $428.68 within the first six months of the year and finish 2024 at $462.24. That means +703% from today”.
Coinskid: “Our Forecast System predicts that Axie Infinity could possibly increase in value in the short term by +30% to $75.48 from $57.88. The system forecasts a +28% move from $57.88 to $73.98 over the next month, Axie Infinity has a price prediction of $64.10 in over a [years’] time”.
Price Prediction: “The price of 1 Axie Infinity is expected to reach [a] minimum level of $240.23 in 2025. The AXS price can reach a maximum level of $289.41 with the average price of $249.05 throughout 2025”.
CoinQuora: “If this bullish trend continues, Axie Infinity will reach $163 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $73 at resistance1. Then this rise will slow down, but no major falls are expected. With [upcoming partnerships], and developments reaching $200 is quite optimistic in the price point of view but undoubtedly feasible for the near future”.
Cryptopolitan: “If AXS continues its bullish trend, it might reach USD 210 by December 2022. We do not expect any significant price decline for the Axie Infinity cryptocurrency in 2022, and with upcoming developments and partnerships in the ecosystem, our optimistic prediction is very much achievable within a year but undoubtedly doable soon”.
Axie Infinity (AXS) Price Prediction: 2022-2030
According to our Axie Infinity price predictions, the AXS token is predicted to have a good uptrend in value in the coming years.
Here’s what you need to know about Axie Infinity price predictions for the rest of the decade.
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The below prediction figures outline some of the potential highs and lows of Axie Infinity price forecasts for 2022, 2023, 2024, 2025, 2027, and 2030 offered by crypto technical analysts.
Supply and demand are the most defining factors when it comes to the price of cryptocurrencies, unsurprisingly. In short, if the supply of AXS is scarce and there is a big demand for it, the more valuable it becomes. Likewise, if investors are not interested in Axie Infinity and the supply is large, it will not be valued so highly.
Axie Infinity has a max supply of 270,000,000 AXS tokens, of which only 60,907,500 are in circulation (23%). If this maximum supply is reached, Axie Infinity’s value could skyrocket, though this may take decades. So, keep a firm eye on the supply of AXS tokens.
On top of that, it’s very clear looking at Axie Infinity’s historical price that it follows the underlying market trend, which is typically dictated by Bitcoin (BTC). This can first be seen in early 2021 when it first passed $1 and eventually hit $10 at the same time much of the market was exploding.
Following on from this, there was a decline in June and July before a recovery in August — just like Bitcoin and most other cryptocurrencies. So, make sure you keep an eye on the entire market when watching the price of Axie Infinity.
Perhaps the biggest reason Axie Infinity shot up several times in 2021 is that Axies are NFTs. 2021 saw an explosion of interest in NFTs from traders, art collectors, artists, gamers, and musicians. Whatever their form, people wanted them badly.
NFTs could also act as a gateway for people not interested in cryptocurrencies to get involved with the token, giving Axie Infinity a potentially larger user base than other cryptocurrencies. If the interest in NFTs continues throughout 2022 and beyond, it could greatly increase the value of Axie Infinity.
The biggest news came in November 2021 when Facebook rebranded as Meta. When this happened, all cryptocurrencies related to NFTs and the metaverse shot up massively in value (this is when Axie Infinity hit its all-time high). Additional news around Meta and the metaverse (and its potential use of NFTs and crypto) could also heavily impact the price of Axie Infinity.
It’s pretty hard to argue that Axie Infinity will run into many issues in the future, suggesting that it could make an excellent short-term investment or long-term investment. Here are our Axie Infinity price predictions for 2022 to 2030.
Axie Infinity (AXS) Price Prediction 2022
NFTs will continue to be all the range and further the hype around Axie Infinity. Rallying upwards Axie Infinity price prediction estimates that AXS coin will pass the $160 milestone by the end of 2022 and reach an average price of $145. AXS can hit a maximum of $178 and a minimum of $40 in 2022.
Axie Infinity (AXS) Price Prediction 2023
With increasing awareness, waves of new gamers will join the Axie Infinity game, massively boosting demand in 2023. Starting the year at $147, Axie Infinity forecast expects $190 by mid-2023 and an average of $176 by the close of the year. The top Axie Infinity price prediction for 2023 is $261 and the lowest is $110.
Axie Infinity (AXS) Price Prediction 2024
2024 will see the next Bitcoin halvening take much of the crypto market to higher highs, including Axie Infinity. At the highest, our Axie Infinity price prediction data tells us that AXS will reach $590, and at the lowest, $222. By the end of 2024, Axie Infinity will be worth an average of $485.
Axie Infinity (AXS) Price Prediction 2025
Play-to-earn gaming will become a massive trend by 2025 as gamers learn they stand a better chance of earning a living playing Axie Infinity than working a regular job. According to Axie Infinity price prediction 2025, the AXS coin will attain an average of between $780 and $880. The max 2025 price of AXS will be $952 and the min price will be $670.
Axie Infinity (AXS) Price Prediction 2026
2026 could see the metaverse grow tremendously in popularity, and start another NFT frenzy — this time more focused on in-game items. AXS will start 2026 at $878 and rise to an average price of $1,233 midway through the year, according to our Axie Infinity price prediction. In the best-case scenario, Axie Infinity will rally up to $1,305 and in the worst-case scenario, hit a low of $799.
Axie Infinity (AXS) Price Prediction 2027
By 2027, Axie Infinity will overtake Pokémon in terms of popularity and we could see new games popping up attempting to replicate its model. On the upside, Axie Infinity will hit $1,645 and, on the downside, it will sink to $1,378, according to our 2027 Axie Infinity price prediction. The average price AXS will attain in 2027 is $1,458.
Axie Infinity (AXS) Price Prediction 2028
Institutional investors will be looking to swallow up Axie Infinity in 2028 as it proves itself as one of the hottest crypto investments. In 2028, Axie Infinity will achieve an average price of $1,934 and close the year at $2,001, as estimated by our Axie Infinity price prediction. Our AXS price prediction data also implies that Axie Infinity can achieve a maximum of $2,179 and a minimum of $1,841 in 2028.
Axie Infinity (AXS) Price Prediction 2029
By 2029, Axie Infinity will be one of the most talked-about games of all time, achieving a record number of players. Our top 2029 Axie Infinity price prediction calculates that AXS will reach $2,367 at the highest and $2,089 at the lowest. Axie Infinity will achieve an average of $2,276 and close the year at a price of $2,333, as per our AXS price prediction.
Axie Infinity (AXS) Price Prediction 2030
2030 will see Axie Infinity continue to develop and implement new features, creating the most engrossing gaming experience possible.
According to Axie Infinity price prediction 2030, AXS will trade above $2,400 for much of the year and achieve an average of $2,548. Our highest 2030 price prediction for Axie Infinity is $2,633 and our lowest prediction is $2,210.
Conclusion: Axie Infinity (AXS) Price Prediction Forecast
All in all, Axie Infinity looks like it’s got a great decade ahead of it. That said, investors should be cautious of how tied Axie Infinity’s value is to the success of NFTs.
There is a possibility that NFTs may struggle if there is unfavourable regulation placed on them in the coming years. Though this will likely be more of an issue with artwork than gaming NFTs where it can be said they are harder to duplicate and serve more utility.
While the future of NFTs may be uncertain at this point, you cannot argue with the popularity of the Axie Infinity game and play-to-earn gaming. With blockchain gaming expected to increase, Axie Infinity is best-positioned to increase. It could also steal a lot of the Pokémon Go crowd from a few years ago.
What Will Happen To The Price Of Axie Infinity (AXS) In 2022?
In 2022, we expect the price of Axie Infinity to surpass $100 again and claim an average of $145 and at the lowest, AXS may sink to $40.
Will The Price Of Axie Infinity (AXS) Go Up In 2022?
Yes, the price of Axie Infinity will go up in 2022 and it is expected to reach a new all-time high of $178, according to AXS price prediction. No one expects the price of Axie Infinity to crash in 2022.
What Will Happen To The Price Of Axie Infinity (AXS) In 2025?
2025 will see the price of Axie Infinity hit much higher highs and reach an average of either $780 or $880 — several times higher than its current all-time high. The lowest price AXS could reach is $670, as per Axie Infinity price prediction.
Will The Price Of Axie Infinity (AXS) Go Up In 2025?
2025 could see Axie Infinity reach an incredible high of $952 as it continues to appreciate — not too far off the $1,000 milestone. Again, no one expects the price of AXS to crash in 2025.
Will Axie Infinity (AXS) Hit $200?
Yes, Axie Infinity will hit $200 for the first time by 2023 and stabilise its position above $200 by 2024, according to Axie Infinity forecast.
Will Axie Infinity (AXS) Reach $1,000?
Axie Infinity will reach $1,000 for the first time by 2026 and will remain above that mark by 2027, according to our Axie Infinity price prediction.
Do you agree with how much Axie Infinity could be worth? How much would you invest in AXS?
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Can I Make Money On Axie Infinity?
Yes, you can make money on Axie Infinity by raising Axies and increasing their stats and trading them at the Axie Infinity marketplace for a higher value. Furthermore, AXS can be traded at crypto exchanges and can be staked to earn new tokens passively.
What Blockchain Is Axie Infinity On?
Axie Infinity is built on top of the Ethereum blockchain. AXS is an ERC-20 token.
Is Axie Infinity A Form Of Gambling?
Axie Infinity has been compared to a form of gambling because of its ‘play-to-earn’ model, but it has not been classified as such by any regulators. It doesn’t include any gambling features.
Is Axie Infinity A Good Investment?
Yes, Axie Infinity is a very good investment, increasing from $0.5926 to $93.30 last year — a humongous increase in one year. Since its inception, Axie Infinity has achieved an ROI of 57,566.88%.
Will Axie Infinity Rise?
Yes, Axie Infinity is widely predicted to rise for the rest of the decade, according to our Axie Infinity price prediction. This would not be too surprising given its excellent performance in 2021.
When Will Axie Infinity Take Off?
Axie Infinity will see its biggest increase in price between 2024 and 2025 where it will rise from a low of $222 to a high of $952, according to our Axie Infinity price prediction.
What Price Could Axie Infinity Reach?
In the next eight years, Axie Infinity will reach $178 in 2022, $261 in 2023, $952 in 2025, $1,645 in 2027, and $2,633 in 2030, according to our Axie Infinity price prediction.
What Is Axie Infinity’s Price Prediction For The Next Bull Run?
The next crypto bull run could be sparked by the 2024 Bitcoin halvening, which our Axie Infinity price prediction informs us could take AXS to a high of $590.
How High Will Axie Infinity Go?
The highest Axie Infinity price prediction we have seen is $2,977.19 by December 2030 from Cryptocurrency Price Prediction.
Axie Infinity Price Prediction 2040
Based on Axie Infinity price prediction 2040, the AXS coin could hit the $6,000 milestone by that time.