The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. It also does not guarantee that this information is of a timely nature. REDDIT AXIE INFINITY FREEFXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. You should do your own thorough research before making any investment decisions. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. Information on these pages contains forward-looking statements that involve risks and uncertainties. $104.27 is a key level for Axie Infinity price. The analyst predicted that the play-to-earn token would go through a test. The drop in user activity and reducing NFT sales could have negatively impacted Axie Infinity's a pseudonymous cryptocurrency analyst, has evaluated the Axie Infinity price trend. The play-to-earn metaverse tokens price has plunged 5% in the past 24 hours. The wallet recently added the feature of purchase through debit card. This is a drop of more than 70% from Axie Infinity's peak in user activity.Īxie Infinity utility and demand could increase with the purchase of in-game tokens and NFTs by US based users through the Ronin wallet. Sales volume of Axie Infinity NFTs on the application Ronin chain has fallen back to low levels, and daily active addresses are lower than 300,000. Colin Wu, a Chinese journalist, noted that the daily transaction volume of the play-to-earn game has tumbled. Axie Infinity price fails to recover from dropĭata from the blockchain analytics platform Nansen reveals that the daily transaction volume of Axie Infinity has dropped to mid-July 2021 levels. Analysts have predicted a test for Axie Infinity price. Analysts have predicted a big test for Axie Infinity price trend at $104.27 the token could plunge further if it fails.Īxie Infinity, the play-to-earn gaming token, has suffered a drop in price after the daily active number of users of the game plunged.Axie Infinity users in the US can now buy Smooth Love Potion on the Ronin wallet using their debit card.Axie Infinity price plunged to $102, posting a 5% loss as the sale volume of Axie NFTs and daily active addresses dropped.According to data from Nansen, the daily transaction volume of Axie Infinity has dropped back to mid-July levels.
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