Will Axie Infinity (AXS) Reach $1000?

Last Updated January 24th 2022
7 Min Read

Will Axie Infinity eventually hit the $1000 mark? If yes, When?

Well, after rallying 165000% in its first 12 months of operation, Axie Infinity has the crypto community convinced there is enough demand to push the brand to push its price above $1000 soon. And though AXS investor and analyst projections may not be as enthusiastic as they were when the token prices were rallying in late 2021, virtually everyone agrees that it will get here before 2030.

These forecasters are alive to the pace with which Axie Infinity has grown - having onboarded more than 2 million daily users in slightly over a year. They also agree that Axie Infinity is bound to increase AXS token’s use case and demand once it launches the multiple programs and projects under development on the Axie ecosystem. But even more importantly, they are alive to the role that either of these expansionary moves will play in helping AXS reach $1000.

So, when will Axie Infinity reach $1000? Will AXSW eventually reach $5000, and what will it be worth in 2025?

Let us answer these three questions in detail below.

First, though, we look back at how AXS has performed in the past and examine the impact it will have on AXS token’s future price action.

Axie Infinity (AXS) Price History 2020 To 2022

Axie Infinity tokens were first availed to the public through an ICO in November 2020, retailing at $0.1. When they launched in the open markets, data from CoinMarketCap shows that they ended their first day of active trading selling above $0.15.

The launch of the Axis Infinity token coincided with the start of what would be popularly known as the early 2021 crypto market rally. This, plus the growing popularity of the play-to-earn blockchain games, helped AXS token hit the ground running with an uptrend. By 2nd January 2021, the token broke above $1, translating to a 1000% value gain in less than 2 months.

By the last week of April, AXS had pushed its value to $10 before dipping to $4 during the mid-May market crash. As a testament to the growing demand for the AXS token and the growing popularity of the Axie infinity game, the altcoin had a swift rebound and rallied to $50 by August, rose to $100 in October, and eventually set its current all-time high of $165 on 6th November 2021.

Two months after the peak price, bears have taken over the market in a move that has seen the ERC-20 token shed close to 70% of the all-time high.  

The dip notwithstanding, Axie Infinity has reported a consistent increase in the number of active daily players. The number of active wallets and traders on the Axie Infinity NFT marketplace has also been on the rise, and both are indicators that AXS is primed for a rebound and yet another period of unprecedented and outsized value gains.

So, Will Axie Infinity (AXS) Reach $1000?

It is highly likely that Axie Infinity token prices will continue rising and reach $1000. The fact that the game and ecosystem are still in their developmental stages and the AXS token still in price discovery says that we have not seen the best of the altcoin yet.

Moving forward, the Axie Infinity developers have hinted about the operationalization of the Lunacia Metaverse with more land/item selling, further upgrades to the Axie Infinity app, and the eventual conversion of this ecosystem into a social network. These, plus a recovering crypto market, are expected to give AXS token the much-needed kick back to life and probably help its price cross above $1000 in the next 3 to 10 years.

But is a per-token valuation of $1000 for AXS even feasible?

The majority of crypto investors and analysts it is possible and back the claim with this explanation; they hold that with a maximum supply of 270 million AXS tokens, a $1000 price would only push its overall market cap to $270 Billion, which is very feasible.

So, when do crypto experts and investors expect AXS to reach $1000?

At TechNewsLeader, analysts expect AXS prices to continue rising at a moderate pace in the foreseeable future. They, however, note that this uptrend will be rather slow and that AXS token’s price action for the next few years will be rather depressed. They, for instance, can only see it rising above its current ATH in 2024 and eventually making it to $1000 in 2029.

Experts at PricePrediction.Net are also convinced that AXS token’s value gain will only gather pace in the last half of this decade. But they are a bit more optimistic on its overall price action seeing that they expect to rebound and rise above ATH in late 2023 and break above the $1000 target in 2028.

The historically optimistic crypto pundits at CryptocurrencyPricePrediction join the small list of reputable analysts who believe that AXS can break above $1000 in the next 5 years. In their analysis of the altcoin, they indicate that it will most likely rebound by April 2022 and rally to $1000 by November 2025.

Technical analysts at Gov Capital, however, carry the day for the most optimism about the token’s future price action. These are confident that AXS can rebound and rise above ATH by April 2022 before hitting the $1000 milestone in October 2023.

Check Out: Is It Worth Investing In Axie Infinity?

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Will Axie Infinity (AXS) Eventually Reach $5000?

It is possible that Axie Infinity Token prices will continue rising and eventually reach $5000. Because of their limited supply, it is highly likely that the pouring in of more users after the expansion of the Axie Infinity ecosystem will spark demand strong enough to push AXS token prices towards $5000.

But there are several gigantic handles standing in AXS token’s path to $100. First is its extended maximum supply. Given its 270 million maximum supply, getting to $5000 would need to get its market cap above $3.6 Trillion, more than double the current crypto industry market cap.

Others have argued that even though the blockchain gaming metaverses are expected to grow at a rapid rate, AXS faces stiff competition from even more popular gaming metaverses, like DecentraLand and Facebook’s Meta. They have also cast doubt on the sustainability of Axie Infinity’s pay-to-earn model. In light of this, they feel like there will be sufficient demand to push AXS token price up by the 100X needed to get it to $5000.

Most analysts, therefore, conclude that it will be highly unlikely for Axie Infinity tokens to reach $5000 in the next 10 years.

What Will Axie Infinity (AXS) Be Worth In 2025?

Virtually everyone expects the AXS token to be worth more than its current market price in 2025. But different crypto experts have highly divergent views on just how high AXUE token prices can climb within the next 3 years, with the majority placing its value at between $700 and $4900.

At Coinquora, crypto experts are convinced that the altcoin prices will keep rising, possibly rebound before the end of 2022 and continue rising before reaching $720 by the end of 2025. Much of these, the analysts reckon, will be driven by a recovering crypto market and the launch of more upgrades and developments on the Axie Infinity ecosystem.

At RippleCoinNews, crypto analysts are also convinced that further partnerships, upgrades to the Axie Infinity ecosystem, growing community support will help AXS token price recover and set aim for new heights. They, too, are confident that AXS can rise above its current before the end of 2022 and reach between $1000 and $1200 in 2025.

Through machine learning and technical analysis, experts at Gov Capital indicate believe that AXS token is about to embark on its biggest price run yet. They expect the altcoin to rebound and rise above its ATH by April 2022, break above $1000 in 2023 and grow its current market price 65-fold to reach $3200 in December 2025.

Don't Miss: Axie Infinity Price Predictions

Conclusion: Will Axie Infinity (AXS) Reach $1000?

Yes, it is highly likely that AXS token price will eventually reach $1000. The majority of analysts are convinced that AXS has all it needs to grow its value to this target, and though they differ on its growth rate, it is clear that they expect it to get here before 2030. Some are even confident that it can reach $1000 as early as 2023.

They also agree on the factors that they believe will fuel Axie Infinity’s journey here. These include a recovering crypto market, in-network developments and upgrades to the Axie Infinity ecosystem, growing community support, and rising popularity of the play-to-earn blockchain games.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.