Axie Infinity, Decentraland and ‘metaverse’ cryptos rally after Facebook rebr...
The net market capitalization of metaverse tokens grew 13.40% to $12.36 billion in the past 24 hours. Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects.Decentraland, a virtual place with its own economy, currency (MANA) and social events — accessible to anyone with a web browser — saw its market valuation explode from $1.44 billion to $2.08 billion over the past 24 hours. This happened as its native token, MANA, jumped....
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While the crypto market has been bleeding out, Axie Infinity (AXS) records a 112% rally over the past week and a 14.7% profit in the daily chart. Bears are in disbelief, as this Non-Fungible Token (NFT) based platform continue to gain popularity, users, and moving to the upside. As NewsBTC previously reported, Axie Infinity was […]
The crypto market seems to have lost its luster for a while now, with the overall market valuation falling below $2-trillion. Despite Bitcoin’s 13th birthday celebrations, the crypto carnage has persisted. The blue-chip cryptos are now battling for action with a dramatic drop in volumes. However, the current drop has not affected some tokens and has not deterred investors, who are now looking for tokens to fill their bags. Here are a few expert-picked crypto tokens that are showing great potential. Axie Infinity ($AXS) Axie Infinity is a play-to-earn game that allows users to buy,....
Investors have been jumping into Axie Infinity (AXS) in a rush to leverage future upside. This ERC-20 token and its protocol could be the beginning of a new mania in the crypto space and a game-changer for the videogame industry. Inspired by the popular game Pokemon, Axie Infinity allows players to explore in an open-world […]
The price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower than the all-time high (ATH) captured five days ago reaching $75.73 per unit. Axie infinity’s market valuation has also pushed itself into the top 50 most valuable crypto capitalization positions and currently rests at the 41st spot on Monday. Axie Infinity Popularity Grows The cryptocurrency project and Ethereum-based gaming community that leverages the Axie Infinity network has continued to....
While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent days, and other tokens from the gaming economy like “smooth love potion” have also seen significant buying pressure. Axie Infinity Token Values Surge Last week, Bitcoin.com News reported on the booming Axie Infinity economy, as the project’s non-fungible token (NFT) assets and its....