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Will Axie Infinity's $215 million worth of AXS tokens sell?

Axie Infinity, which experienced a meteoric rise in popularity last year as one of the first crypto-focused computer games, could face significant selling pressure as $215 million worth of the project’s AXS tokens are unlocked in the coming days.

Is AXS a good altcoin to buy?

While some altcoins have shed losses over the past few days, AXS posted some gains today and has shown some signs of recovery. The bulls are trying to step back, but buying volume is currently low. After Axie Infinity found solid support last month,...

How much is AXS (AXS) worth?

Prices skyrocketed on the game’s native token, AXS, rising 42-fold over just five months to as high as $169 in November, according to crypto price tracker CoinGecko. The project’s popularity proved to be fleeting. The majority of players abandoned the game and in-game transactions cratered since then, data by DappRadar shows.

What are Axie's in-game cryptocurrencies and non-fungible tokens?

Players earn Axie’s in-game cryptocurrencies and non-fungible tokens, which they can sell, trade or use to level up their characters. Some 21.5 million tokens, almost 8% of the total supply, will be freed up when the vesting period expires Oct. 24, according to data site TokenUnlocks.

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