Axie Infinity Price Prediction 2025: AXS Aims to Reclaim Former Highs

Key Takeaways

• Play-to-earn token Axie Infinity has gone through a tough time since peaking in 2021.
• Designed to reward players of the Axie Infinity game, AXS is one of the largest gaming tokens.
• Our Axie Infinity price prediction says AXS may reach $15 next year.
• Interested in buying or selling AXIE INFINITY AXS coin? Read our review of the best exchanges to buy and sell AXIE INFINITY AXS.

The Axie Infinity crypto token supports its eponymous metaverse game and was launched to much fanfare in late 2020. A year later, as the cryptomarket enjoyed the boost from the NFT fad and metaverse mania, it was worth more than $100.

That said, metaverse coins and tokens suffered massively during the market turmoil in 2022. Despite signs of a small recovery in 2023, they crashed following the market downturn surrounding the United States Securities and Exchange Commission (SEC) taking the Binance and Coinbase exchanges to court in June last year.

In December last year, the company announced that Axie Evolution was live. Users of App.Axie can use Atia’s flame to evolve an Axie part with materials.

There was more to interest fans in late October 2024, as the game announced it was working on phase two of its development .

On Nov. 1, 2024, AXS was worth about $4.75.

But what is Axie Infinity (AXS)? What is Axie Infinity used for? Let’s take a look and see what we can find out. We can also look at some of the Axie Infinity price predictions we made on Nov. 1, 2024.

Axie Infinity Price Prediction 

Here are CCN’s AXS price predictions, made on Nov. 1, 2024. While we take the utmost care with our price forecasts, it is important to point out that price predictions, especially for something as potentially volatile as crypto, often turn out to be wrong.

Axie Infinity Price Prediction 2024

AXS’s price could reach a minimum of $4 if the ongoing consolidation fails to break upward, continuing the downtrend. However, with a successful breakout above $5.50, a recovery toward $10 is possible, reflecting increased market optimism and the potential for a new bull phase.

Axie Infinity Price Prediction 2025 

By 2025, the market could see broader adoption of blockchain gaming, driving AXS to an average of $8.50 as interest in the ecosystem grows. A continued positive trend, combined with renewed investor interest, could push AXS toward $15, while downside risks could see it holding above $5.50 as a long-term support level.

Axie Infinity Price Prediction 2030

 By 2030, AXS has the potential for significant gains if it becomes a leading player in the gaming and metaverse space, with a maximum target of $50. However, competition and market fluctuations could keep it closer to an average of $25, with a floor around $10 as a more conservative outcome.

Axie Infinity Price Analysis

AXS hit a yearly high of $13.50 in March, marking a 230% rise from its October low of $4. However, it has since declined and stabilized around $4.50.

The current consolidation, constrained below $5.50 resistance, could signal the end of a five-wave pattern, potentially initiating a new upward phase or continuing its downtrend.

Short-term Axie Infinity Price Prediction

The chart shows a five-wave consolidation pattern, an unusual formation for an uptrend’s beginning. A breakout determines whether AXS is starting a bullish impulse or completing a corrective phase.

To stay bullish, AXS must hold above $4.40 and rally soon, while a drop below this level would favor a bearish outlook. The Axie Infinity price prediction for the next 24 hours depends on whether or not it can stay above $4.40. 

Axie Infinity Average True Range (ATR): AXS Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

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A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.

On Nov. 1, 2024, Axie Infinity’s ATR was 0.107, suggesting low-to-moderate volatility.

Axie Infinity Relative Strength Index (RSI): Is AXS Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish. 

On Nov. 1, 2024, the Axie Infinity RSI was at 43, indicating somewhat bearish conditions.

Axie Infinity and the CCN Index

The CCN Index uses a range of indicators to calculate a cryptocurrency’s price momentum. 

On Nov. 1, 2024, Axie Infinity scored 32.9 on the CCN Index, suggesting relatively weak price momentum. 

Axie Infinity Price Performance Comparisons

Axie Infinity is a gaming token, so let’s examine its performance compared to similar projects. 

Best Days and Months to Buy Axie Infinity

We examined the Axie Infinity price history and found the best times to buy AXS.

AXS Price History 

Let’s now take a look at some of the key dates in the Axie Infinity price history . Although past performance should never be taken as an indicator of future results, knowing what AXS has done previously can help us if we want to either make or interpret an Axie Infinity price prediction. 

Axie Infinity Market Cap

The market capitalization, or market cap, is the sum of the total number of AXS in circulation multiplied by its price.

On Nov. 1, 2024, Axie Infinity’s market cap was $726 million, making it the 89th-largest crypto by that metric. 

Who Owns the Most Axie Infinity

On Nov. 1, 2024, one wallet held more than 40% of the AXS supply.

Richest AXS Wallet Addresses 

As of Nov. 1, 2024, the five wallets with the most Axie Infinity were:

• 0x64192819ac13ef72bf6b5ae239ac672b43a9af08. This wallet held 109,380,815 AXS, or 40.51% of the supply.
• 0x73b1714fb3bfaefa12f3707befcba3205f9a1162. This wallet held 94,573,454 AXS, or 35.04% of the supply.
• 0xea8b95c4b07ec651821142910ede29a52170779c. This wallet held 15,886,109 AXS, or 5.88% of the supply.
• 0x24b0a4081ab0b3c6c56c0e3d994d4738c73b77e5. This wallet held 14,846,704 AXS, or 5.5% of the supply.
• 0xd631dbd90de7478b58c90261ac3eb4ad6b5bd641. This wallet held 7,640,391 AXS, or 2.83% of the supply.

Axie Infinity Supply and Distribution

From the Axie Infinity Whitepaper

In its technical documentation or whitepaper , Axie Infinity says AXS is the game’s governance token. It adds: “AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user-generated content initiatives.”

What is Axie Infinity?

Axie Infinity is a Metaverse game. People can collect non-fungible tokens (NFTs) representing monsters and set them to battle against each other. This way, they can earn the game’s native token, AXS, as a reward. Set up by the Vietnamese gaming studio Sky Mavis, Axie Infinity has become one of the largest games in the Metaverse and the play-to-earn (p2e) sectors. 

The game first made headlines in 2020 when a report said that people in the Philippines were earning money through playing the game. However, it appeared that no one picked up on the fact that not only was the article’s writer the director of a company that worked with play-to-earn game companies, including Sky Mavis investor Animoca, but the person named as making money through AXS’ sole social media presence was a Twitter account, set up after the piece was published and not updated since early 2021. 

It may well be that the initial interest in Axie Infinity was due to some seriously poor media literacy. 

How Axie Infinity Works

AXS is a token that is used to earn rewards in the Axie Infinity game. Players who battle in the system can earn AXS and another crypto, Small Love Potion (SLP). AXS can also be bought, sold, and traded on exchanges.

Something else you should know about AXS is that because it is based on the Ethereum (ETH) blockchain, it is a token rather than a coin. You might see references to an Axie Infinity coin price prediction, but these are wrong. 

Is Axie Infinity a Good Investment?

Axie Infinity helps power an online game and is used to reward successful players. Whether or not it is a good investment depends on many things. Firstly, whether it will recover from its current lows; secondly, when it will recover; thirdly, how fast and how far it will recover; and fourthly, whether the metaverse can become anything like the hot property it was in the second half of 2021. Until then, it might be best to wait and see how the token works and whether the game and the token can make a comeback. Either way, you will need to make sure that you do your own research. 

Will Axie Infinity Go Up or Down?

No one can really tell right now. While the Axie Infinity crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I Invest in Axie Infinity?

Before deciding whether to invest in Axie Infinity, you will have to do your own research, not only on AXS but other related coins and tokens such as Gods Unchained (GODS). Either way, you must also ensure you never invest more money than you can afford to lose.

Technical analysis by Nikola Lazic.

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Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.