Axie Infinity Price Prediction 2023 – 2040: Will AXS Reach $16.12?
Highlights
According to our Axie Infinity price prediction, AXS can peak at $9.25 in 2023.
AXS reached an all-time high value of $165.37 on November 06, 2021.
Axie Infinity (AXS) holds significant future potential with the rising crypto gaming industry.
Axie Infinity, developed by Sky Mavis, is a pioneering Ethereum-based NFT online game that has become a household name in the crypto-gaming community. It emerged as a player-controlled economy game, integrating innovative blockchain technology to deliver an entertaining gaming experience.
Since its launch in 2017, the game has garnered immense popularity and has been able to attract an impressive average of 3 million players. With its unique play-to-earn digital currency concept, Axie Infinity has captivated both gaming and crypto enthusiasts.
With the growing popularity of this fantastic game, and consequently its governance token AXS, many individuals started looking up “Axie Infinity price predictions for 2023, 2024,…, and 2040” regularly to see what the future held for the token, with the majority of them desiring to calculate their potential profits from the game.
If you too are curious to learn more about Axie Infinity price forecasts, this comprehensive analysis will get you covered.
In this article, we’ll dive deep into market dynamics, past performance, and the platform’s development roadmap to provide insights and forecasts on the AXS token’s price trajectory. From short-term projections to long-term forecasts, you will get valuable insights about the digital asset’s future price movements that will help you make informed decisions.
Disclaimer: This article is solely the author’s opinion and should not be perceived as financial advice. The cryptocurrency market is highly volatile and uncertain, and investors should only make investment decisions after conducting extensive research and assessing their risk tolerance.
- Axie Infinity (AXS) Overview
- What is Axie Infinity (AXS)?
- Is Axie Infinity (AXS) listed on Binance or other crypto exchanges?
- Axie Infinity ($AXS) Price History
- Axie Infinity ($AXS) Fundamental Analysis
- Axie Infinity ($AXS) Tokenomics
- Axie Infinity’s Roadmap
- Axie Infinity Price Prediction ($AXS Price forecasts)
- Is Axie Infinity a Good Investment?
- FAQs on Axie Infinity Price Prediction
- Final Thoughts
Axie Infinity (AXS) Overview
| 💱 Cryptocurrency | Axie Infinity |
| 💵 Symbol (Ticker) | AXS |
| 💲 Price (USD) | $6.17 |
| 💰 FD Market Cap | $1,665,052,636.17 |
| 💸 Total/max Supply | 270,000,000 AXS |
| 🚀 All-time high | $165.37 (November 06, 2021) |
| 📉 All-time low | $0.1234 (November 06, 2020) |
The AXS token serves as the core element of the Axie Infinity Universe, fulfilling vital functions in governance, staking, and facilitating transactions within the ecosystem.
Players within the Axie Infinity universe have the opportunity to earn AXS tokens by engaging in a variety of games and participating in user-generated content initiatives.
These earned tokens can subsequently be traded on various cryptocurrency exchanges, enabling users to convert them into other digital assets or fiat currency.
Current Price of Axie Infinity (AXS)
Axie Infinity (AXS) is currently worth $6.17 per AXS token. It achieved a mind-boggling all-time high of $165.37 on November 06, 2021, when it was in its peak time in terms of active players. This shows the potential of the game and its crypto-centric universe.
What is Axie Infinity (AXS)?
Before we move on to important topics, let’s have a clear and basic understanding of what Axie Infinity (AXS) is.
Axie Infinity is a popular metaverse gaming platform built on top of the Ethereum blockchain technology. Collecting and raising adorable creatures known as Axies is the fundamental mechanism of the game. Players build kingdoms for their beloved Axies in the Axie Infinity Universe by battling, collecting, and raising them.
The ultimate objective of the gaming platform is to create a sustainable and scalable play-to-earn gaming ecosystem that can provide financial opportunities for people around the world.
However, competing in this virtual universe is not that easy. Players must employ complex strategies and tactics when engaging in competitive battles to secure top rankings and valuable rewards. Yes, players will need to stand out from the crowd to make notable profits from the game.
The assets (AXS tokens) held by players within the Axie Infinity universe hold significant real-money value, acting as precious items that can be bought, sold, and traded among the community. The assets derive their worth from the market, contributing to the dynamic and interactive nature of the game.
Is Axie Infinity (AXS) listed on Binance or other crypto exchanges?
Yes, Axie Infinity’s native token, AXS, enjoys listing on several reputable cryptocurrency exchanges, including Binance, Huobi Global, Coinbase, Bithumb, KuCoin, Gate.io, and Kraken.
For traders seeking to participate in AXS coin trading, the crucial step involves selecting a reliable exchange that supports AXS trading. Luckily, platforms like Binance, Coinbase, KuCoin, and Gate.io offer convenient AXS trading pairs.
As a result, users can seamlessly exchange AXS for established cryptocurrencies like Bitcoin and Ethereum, or opt for stablecoins such as USDT, providing them with more flexibility in managing their digital assets.
Axie Infinity ($AXS) Price History
AXS tokens made their debut on cryptocurrency exchanges towards the end of 2020, with a subsequent modest increase in price, reaching $10.72 by the conclusion of April 2021. Nevertheless, a correction followed, and in mid-May 2021, the price plunged to a local low of $3.37.
The popularity of Axie Infinity, the game linked to AXS, saw a sharp rise in mid-2021, as mainstream media hailed it as a potential financial relief for the unemployed, surpassing all its competitors during that period. Subsequently, during the bullish market in 2021, the price of AXS surged dramatically, peaking at an all-time high of $160.62 in August 2021.
After the bullish run, AXS’s value began declining from its peak, enduring a continuous drop throughout 2022. Since then, the price of AXS has exhibited a relatively stable fluctuation, oscillating between approximately $4 and $8.
Axie Infinity ($AXS) Fundamental Analysis
Conducting a fundamental analysis of Axie Infinity is vital for gaining insights into the project’s direction and growth potential. The fundamental analysis provides sufficient information about a cryptocurrency project’s pillars, including its goals and real-world use cases, which further aids in understanding its long-term price swings.
By understanding the key fundamentals of Axie Infinity, investors and players can make informed decisions about its potential for future growth and performance.
Concept and Purpose
The ability for players to make money through various in-game activities is one of Axie Infinity’s main draws. By taking part in battles, breeding Axies, and other gameplay activities, players can accumulate tokens like Smooth Love Potions (SLP) and Axie Infinity Shards (AXS), which they can stake or exchange for other digital currencies or fiat currencies to make profits.
Of course, Axie Infinity is not a get-rich-quick scheme; rather it is a challenging virtual ecosystem in which players can earn by putting in enough time, effort, and skill. The competitive facet of this game makes it a solid contender in the crypto gaming world for the long run.
Team and Development
Axie Infinity’s development has been spearheaded by the Vietnamese gaming studio, Sky Mavis. The team behind Axie Infinity is composed of talented developers, designers, and blockchain experts, who have worked diligently to create and evolve the game since its inception in 2018.
Led by co-founders Trung Nguyen and Aleksander Larsen, the team’s vision was to pioneer the play-to-earn gaming concept, combining elements of NFTs and decentralized finance to provide a unique gaming experience.
Market and Adoption
The game’s unique play-to-earn digital asset concept, combining blockchain technology, NFTs, and decentralized finance, has captured the attention of the gaming community and crypto enthusiasts alike. As a result, Axie Infinity has garnered a massive and active player base, with millions of users participating in battles, breeding Axies, and exploring the game’s universe.
The platform’s vibrant marketplace allows players to trade, buy, and sell Axies and in-game assets, contributing to its liquidity and ecosystem sustainability. Furthermore, Its presence on well-known crypto exchanges has facilitated easy access and trading of its native token, AXS, increasing its popularity and market value.
Tokenomics and Supply
In the initial stage of Axie Infinity, Sky Mavis had raised 152 million dollars in a funding round led by famous crypto VC Dreyerson Horowitz. Axie Infinity’s investors have also contributed a 30 million NFT gaming fund.
Axie Infinity’s governance and utility token, AXS, plays a central role in the ecosystem. It is used for governance participation and staking, providing additional incentives for players to be involved in the platform.
In terms of liquidity, AXS is listed on various well-known cryptocurrency exchanges, making it accessible to a broader audience. This has contributed to its value and popularity among traders.
Partnerships and Integrations
The long-term success of Axie Infinity hinges on its ability to attract and retain players within its ecosystem. The developers’ dedication to regular updates and fresh content ensures that players remain engaged and invested in the game. Moreover, the game has been actively forging new partnerships and integrations to strengthen its position in the market.
Axie Infinity had launched its own decentralized exchange called Katana, an automated market maker like Uniswap.
Here are some notable partnerships and integrations from recent years:
- December 2019: Released Axie Infinity community alpha.
- May 2020: Released the Mavis Hub Launcher for application updates, new games, and more.
- June 2020: Axie Infinity introduced Ronin Ethereum as Sidechain.
- June 2020: The firm participated in the fifth season of Unisoft Entrepreneurs Lab.
Axie Infinity ($AXS) Tokenomics
The ($AXS) token is like the backbone of the whole Axie Infinity setup, and the developers have strategically divided its supply into different chunks to make sure everything runs smoothly. The largest portions of the token are allocated to Staking Rewards, Team, and Play to Earn.
Right now, there are 270 million AXS tokens in total, which is indeed the maximum. Out of that, 198.87 million AXS tokens (which is about 74%) are unlocked and available, while 64.08 million AXS tokens (24%) remain locked up. There’s a 2% chunk (around 7.05 million AXS tokens) called “Untracked,” but we’re not really sure what that means.
Now, let’s break down how the team has allocated all these tokens:
The biggest piece of the pie, which makes up 29% of the tokens, is for Staking Rewards. They want to motivate folks to actively take part and support the network.
Then, there’s a hefty 21% of the tokens going to the core team of Axie Infinity. It is going to make sure steady development and maintenance of the platform.
Another substantial chunk, around 20% of the tokens, is all about the “Play to Earn” feature. This is where players can earn rewards just by playing the game.
The 11% is set aside for the Binance Launchpad sale. The core team is aiming for more adoption and exposure.
To keep growing the whole ecosystem, there’s an 8% allocation for the Ecosystem Fund. They want to fund projects and stuff that’ll make the platform even better.
They also value guidance, so 7% is reserved for advisors who’ll be offering their insights and expertise.
And lastly, 4% of the tokens are for Private Sale. That’s an important phase in the early development of the project.
So, with this kind of distribution, the Axie Infinity development team is aiming for a well-balanced and strong ecosystem that’ll keep the ecosystem going strong in the long run.
Axie Infinity’s Roadmap
The future of AXS tokens is inextricably related to the advances and possibilities that Axie Infinity will face. The true value of AXS tokens is dependent on the platform’s continuing expansion, adoption, and evolution.
The roadmap for Axie Infinity is mainly focused on a dynamic and ongoing evolution to improve the gaming experience and increase its ecosystem. Based on community input and industry trends, the Sky Mavis team has been continually developing and releasing new features, game modes, and enhancements.
The developers integrated more DeFi elements to further incentivize player engagement.
Axie Infinity is setting up to unveil its highly-anticipated land gameplay, granting access to selected community members. The upcoming introduction of Lunacia, Axie Infinity’s own Metaverse, is set to bring a whole new dimension to the gaming experience. Lunacia will be comprised of over 90,000 NFT-based land parcels, offering players the opportunity to own and explore unique virtual territories within the game’s universe.
Additionally, the team had plans to explore scalability solutions to address network congestion and high transaction fees, aiming to enhance the overall user experience. As Axie Infinity continued to gain popularity, the roadmap aimed to foster partnerships and collaborations with other projects to extend its reach and bring innovative opportunities to the players.
As the gaming industry evolves rapidly, it is essential to refer to Axie Infinity’s official channels for the latest updates on their roadmap. The development status mentioned in the official white paper extends until Q3 of 2021, with ongoing progress on other developments.
Staying informed about the latest developments will provide valuable insights into Axie Infinity’s future growth and direction.
The following is the current roadmap provided by Axie Infinity’s official whitepaper that outlines the current plans and future directions for the platform’s development.
- Q1 2020: Land and Items migrated to Ronin
- Q2 2021: Axies migrated to Ronin
- Q2 2021: Axie: Origin Alpha
- Q3 2021: $AXS Staking
- 2022: Land Gameplay Community Alpha
- 2022: Land gameplay
- 2022: Lunacia SDK Alpha (N/A, converted to builder’s program cookbook for now)
- 2023: Axie Part Upgrades
Axie Infinity Price Prediction ($AXS Price forecasts)
Due to general market conditions and an increase in competition in the blockchain gaming sector, during this bear market run, Axie Infinity (AXS) has been observed to fluctuate quite a bit on highs and lows. We may see an increase in its value in the upcoming bull run (2024) which is widely speculated and anticipated by the community.
Our analysis predicts that the price of AXS will marginally increase starting at the end of 2023 when it enters the bull market. Based on our speculative examination of AXS’ technical and basic components, the evolution of its roadmap, the state of the market as a whole, and the token’s overall ecosystem, we have provided you with a general analysis of AXS coin’s price predictions in the coming years.
It’s important to note that while we made an effort to offer you our unbiased price prediction, our price analysis shouldn’t be taken as financial advice.
Axie Infinity ($AXS) Price Prediction 2023
AXS is expected to experience a significant upswing in 2023, particularly in the latter half of the year, with a potential maximum of $9.25. The price increase is expected to be gradual, with no major drops in sight.
While aiming for an annual average price of $8.12 is ambitious, it is still feasible due to anticipated partnerships and technological advancements. Furthermore, AXS is expected to maintain a minimum value of $7.15 during this time period.
These forecasts suggest a positive outlook for AXS in the near future, but it’s essential to remain attentive to market dynamics and developments for a comprehensive understanding of its potential trajectory.
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Axie Infinity ($AXS) Price Prediction 2024
Looking ahead to 2024, Axie Infinity’s price forecast indicates significant growth potential. With the possibility of unveiling several new partnerships and initiatives, we expect AXS to exceed its previous high of $9.25 and potentially reach a peak value of $12.15.
Nevertheless, it’s crucial to approach the market with caution and assess AXS’s relative strength index (RSI) to determine if it exits the oversold zone before making any bullish predictions.
Given the inherent market volatility, we anticipate AXS to trade with a minimum price of $9.50 and maintain an average trading value of $10.23 throughout the year. Monitoring market trends and developments will be essential in validating these projections and making informed decisions as AXS continues to evolve in the crypto space.
Axie Infinity ($AXS) Price Prediction 2025
Looking ahead to 2025, the potential for AXS to reach $15.20 is promising if the current upward trend persists, offering opportunities for investors to profit. However, it’s essential to acknowledge that the market’s unpredictability can pose challenges in achieving this goal.
Given the various scenarios, AXS is expected to trade at an average price of $13.12, indicating a stable outlook. In the event of a market downturn, the price could fall as low as $11.16. Keeping an eye on market fluctuations will be critical in evaluating AXS’s performance and making sound investment decisions.
Axie Infinity ($AXS) Price Prediction 2026
If Axie Infinity effectively supports market sentiment within the cryptocurrency community, it is likely that the AXS coin price will maintain its stability over the next five years.
Based on our analysis, the prediction for AXS in 2026 appears quite positive. It is projected that AXS will experience significant growth. By 2026, Axie Infinity’s price is predicted to reach a maximum of $20.10, demonstrating a promising trajectory. While there may be fluctuations, the anticipated minimum price is predicted to dip to $17.23, with an average price hovering around $18.50.
These projections indicate a positive path for AXS, but it’s crucial to monitor market trends and developments as they unfold to make informed investment decisions.
Axie Infinity ($AXS) Price Prediction 2027
By 2026, all the AXS tokens are expected to be fully released, resulting in a fixed supply of the token. This limited availability could potentially drive up the demand for AXS, leading to a surge in its price in the coming years.
Based on detailed forecasting and technical research, the AXS price is expected to cross an average price level of $25.23 by 2027, with a minimum price of $22.12 likely before the end of the year. Furthermore, AXS’s maximum purchase price is predicted to be $27.12.
Axie Infinity ($AXS) Price Prediction 2028
The capacity of the gaming industry as a whole to have a favorable impact on market sentiment among cryptocurrency enthusiasts will determine the stability of the AXS coin’s price over the following five years.
According to our forecasts, AXS is anticipated to experience significant growth in 2028, with the possibility of a positive market.
The value of AXS is predicted to reach $28.12 in 2028, with a minimum price of $25.15 and an average price of around $26.12.
Axie Infinity ($AXS) Price Prediction 2029
If Axie Infinity makes advancements across its ecosystem and continues to expand, then AXS’s pricing value shows great room for growth. The digital currency is predicted to surpass the average price level of $28.25 by 2029, with a minimum anticipated price of $26.10 before the year is out. AXS will likely mark a maximum value of $30 during this time period.
Axie Infinity ($AXS) Price Prediction 2030
Looking ahead to 2030, Axie Infinity’s potential for growth remains significant, especially within the Web 3.0 ecosystem. If the platform continues to evolve and gain popularity, it could surpass its previous maximum value. During a bullish market phase, the maximum price for AXS may reach as high as $40.30, indicating a promising potential for investors.
While market conditions can be unpredictable, the anticipated average price is around $35.13, with a minimum of $30.12, suggesting a positive price movement in the long term. As with all investments, it’s essential to consider various factors and conduct thorough research before making any decisions.
Axie Infinity ($AXS) Price Prediction 2040 and Beyond
Looking ahead to 2040, the cryptocurrency landscape is anticipated to have witnessed widespread adoption and integration into various industries. As a result, AXS, being a prominent token within the blockchain gaming space, is expected to experience significant growth.
In an optimistic scenario during a bullish market, the maximum price of AXS could potentially reach $57.11, indicating the potential for substantial returns for investors.
While market conditions can be unpredictable, the average price level is projected to be around $55.69, with a minimum of $54.68, signaling a favorable outlook for the token’s value in the long term.
Here’s a table summarizing all our Axie Infinity price predictions so far:
Axie Infinity Price Prediction Summary
| Year | Minimum price | Average price | Maximum price |
|---|---|---|---|
| 2023 | $7.15 | $8.12 | $9.25 |
| 2024 | $9.50 | $10.23 | $12.15 |
| 2025 | $11.16 | $13.12 | $15.20 |
| 2026 | $17.23 | $18.50 | $20.10 |
| 2027 | $22.12 | $25.23 | $27.12 |
| 2028 | $25.15 | $26.12 | $28.12 |
| 2029 | $26.10 | $28.25 | $30 |
| 2030 | $30.12 | $35.13 | $40.30 |
| 2035 | $41.66 | $42.89 | $44.38 |
| 2040 | $54.68 | $55.69 | $57.11 |
Is Axie Infinity a Good Investment?
Axie Infinity has emerged as a prominent player in the blockchain gaming space, gaining considerable attention and popularity due to its unique play-to-earn model.
Combining elements of gaming, NFTs, and DeFi, the platform has attracted numerous players seeking to generate income while enjoying the gaming experience.
Axie Infinity stands out among blockchain games for its remarkable sustainability over an extended period. The platform’s continuous integration of small updates ensures a captivating and engaging experience for users, fostering a robust and powerful ecosystem.
The success of Axie Infinity relies heavily on attracting new players into the ecosystem. As new players join and purchase “Axies”, the demand within the ecosystem can increase, potentially leading to higher prices and profits for players. However, the overall market performance and mass adoption of blockchain gaming will also play a significant role in Axie Infinity’s future.
While Axie Infinity presents an enticing opportunity for players to earn income, it is important to approach it with informed decisions and consider the dynamic nature of the blockchain gaming industry.
As with any investment, risks are involved, and individual results may vary. It remains to be seen how the platform’s roadmap and future developments will impact its value and perception among investors.
If you’re curious about the potential of AXS tokens, we recommend checking out our article “Is Axie Infinity Worth It?”. This informative piece delves into essential aspects that reveal the possibilities and prospects of AXS in the cryptocurrency market.
FAQs on Axie Infinity Price Prediction
Can Axie Infinity reach 100 dollars?
Yes, Axie Infinity could reach $100 in the future, depending on a future bull run and the team’s implementation of innovative developments in the Axie Infinity ecosystem. Patience may be required as the platform evolves and seizes growth opportunities.
How much will the Axie Infinity be worth in 5 years?
Given the rising popularity of cryptocurrency and Axie Infinity, long-term AXS investment could result in a price increase to $30 in 5 years. However, before making investment decisions, investors must consider the volatility of the cryptocurrency market and conduct extensive research.
How much will the Axie Infinity be worth in 10 years?
Investing in Axie Infinity today could potentially lead to a long-term increase, as is the case with most investments. Within the next 10 years, there is a possibility that the price of AXS might surge to $45.
Is Axie Infinity a good investment?
Yes, Axie Infinity can be considered a good investment due to the gaming industry’s growth in the Web3 era. However, be cautious and analyze if the Axie Infinity ecosystem remains vibrant to see a potential profit.
How high can the AXS token go?
Axie Infinity’s (AXS) average price is forecasted to reach $8.12 this year. In the next 5 years, the projection suggests AXS might surpass $30.
Final Thoughts
In conclusion, Axie Infinity has emerged as an innovator in the blockchain gaming sector, offering an engaging play-to-earn experience through innovative NFT and DeFi elements. The game’s popularity has surged among gamers and cryptocurrency enthusiasts due to its captivating gameplay and potential for income generation.
The game’s developers have been instrumental in the platform’s ongoing development, resulting in a thriving user base and continuous updates that keep players engaged. The roadmap for the project outlines exciting expansion plans, such as the Lunacia Metaverse and potential partnerships, further solidifying its position in the market.
Also read: Is Omega Network Coin ($OMN) FREE Money?
When considering AXS price predictions, the cryptocurrency’s potential for significant growth in the next decade is evident, with projections ranging from $30 to potentially exceeding $50 by 2040. However, it’s crucial to acknowledge the inherent volatility of the cryptocurrency market and carefully assess risks before investing in AXS.
As players explore the potential to earn income through Axie Infinity, they must remain mindful of market conditions, token prices, and the demand for in-game assets, as these factors can significantly impact earnings. Responsible decision-making, thorough research, and a wise approach to risk management are essential for those engaging with Axie Infinity or any investment opportunity.
