Axie Infinity ($AXS) Crypto Forecast: Up 5.0% Today

What is Axie Infinity?

AXS is the native cryptocurrency token of the popular blockchain-based game Axie Infinity, known for its play-to-earn model and NFT marketplace.

Why is Axie Infinity going up?

AXS crypto is up 5.0% on Apr 22, 2025 18:42

• The bullish movement in AXS today can be attributed to the positive developments in the Axie Infinity ecosystem, such as the launch of the Origins S12 Postseason and the upcoming Elite 8 Tournament, generating excitement and interest among players and investors.
• The Ronin Network's CCIP migration update could have also contributed to the bullish sentiment, indicating progress and improvements in the network infrastructure supporting AXS transactions.
• The combination of these factors likely led to increased demand for AXS, driving up its price in today's trading session as investors anticipate further growth and engagement within the Axie Infinity community.

AXS Price Chart

AXS Technical Analysis

AXS News

Ronin Network Issues CCIP Migration Update: What Users Need To Know

Ronin Network Issues CCIP Migration Update: What Users Need To Know

https://beincrypto.com/ronin-network-ccip-migration-update-users-need-to-know/

Axie Infinity Launches Origins S12 Postseason as Elite 8 Tournament Approaches

Axie Infinity Launches Origins S12 Postseason as Elite 8 Tournament Approaches

https://crypto-economy.com/axie-infinity-launches-origins-s12-postseason-as-elite-8-tournament-approaches/

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Axie Infinity Price History

17.03.2025 - AXS Crypto was up 5.1%

• The bullish movement in AXS could be attributed to the excitement surrounding the launch of the Origins S12 Postseason and the upcoming Elite 8 Tournament in Axie Infinity.
• The announcement of these events may have generated increased interest and engagement from the community, leading to a surge in demand for AXS tokens.
• As the Axie Infinity ecosystem continues to grow and attract more players, the value of AXS could benefit from the expanding user base and the potential for increased utility within the game.

06.11.2024 - AXS Crypto was down 5.6%

• The bearish movement in AXS today could be attributed to the overall negative sentiment in the cryptocurrency market following recent regulatory actions. Investors are possibly concerned about increased regulatory scrutiny leading to a sell-off.
• The news of the US government transferring $33M in various cryptocurrencies seized from a major exchange could have added to the bearish pressure on AXS, raising questions about regulatory risks and implications for the broader crypto industry.
• Additionally, the movement of seized funds from a well-known trading group by the US government might have created uncertainty among investors, contributing to the downward trend in AXS as market participants evaluate the regulatory landscape and associated risks.

04.11.2024 - AXS Crypto was up 8.3%

• The bullish movement in AXS could be attributed to positive sentiment in the broader cryptocurrency market following the US government transferring $33M in ETH, BUSD, and SHIB seized from a major exchange.
• The market may have interpreted this move as a sign of increasing acceptance and legitimacy of cryptocurrencies, leading to a surge in demand for digital assets like AXS.
• Additionally, the transfer of seized funds from a major exchange could have boosted investor confidence in the crypto space, driving up prices of tokens like AXS as traders anticipate further mainstream adoption and regulatory clarity.

22.11.2024 - AXS Crypto was down 8.9%

• Despite recent signs of recovery, AXS experienced a strong bearish movement today, potentially indicating profit-taking or market correction.
• Concerns about AXS hitting its price bottom despite signs of recovery may suggest lingering uncertainty and caution among investors.
• Factors such as overall market sentiment, regulatory developments, or profit booking by large holders could have contributed to the bearish movement in AXS today.
• Investors should closely monitor market trends and developments to make informed decisions regarding AXS and navigate the volatile cryptocurrency market effectively.

14.02.2025 - AXS Crypto was up 5.5%

• Notwithstanding a sustained downtrend, on-chain data indicates a gradual increase in large positions in Axie Infinity (AXS), signaling enduring investor confidence in the project's future.
• The ongoing accumulation of major Metaverse tokens, including AXS, implies that investors perceive these projects as undervalued opportunities rather than disappointments.
• On-chain data suggests that investors maintain a long-term belief in AXS, as demonstrated by consistent accumulation over the last two years, showing limited reaction to price fluctuations.
• The market movement of AXS today may be due to the positive sentiment surrounding the Metaverse sector and robust faith in the fundamentals of Axie Infinity by investors, spurring heightened buying activity and propelling the bullish trend.

10.02.2025 - AXS Crypto was down 5.6%

• Despite a bearish market movement for AXS today, on-chain data reveals a progressive build-up of large positions, indicating that certain investors maintain a high level of confidence in the future of Axie Infinity.
• The continued accumulation of AXS tokens by investors suggests a long-term belief in the project's fundamentals, showcasing resilience in the face of short-term price fluctuations.
• While the overall market sentiment may have been bearish, the strong conviction and accumulation of AXS tokens hint at a positive outlook for the project, with investors positioning themselves for potential future growth in the play-to-earn gaming sector.

09.11.2024 - AXS Crypto was down 5.8%

• The bearish movement in AXS could be attributed to the overall negative sentiment in the cryptocurrency market due to regulatory crackdowns and uncertainties.
• The news of the SEC crackdown on Binance and the US government seizing and transferring funds from FTX might have added to the bearish pressure on AXS.
• Investors may be cautious about the regulatory environment and potential implications for various crypto assets, leading to a sell-off in AXS and other tokens.
• The upcoming token unlocks to watch next week could also be creating uncertainty and selling pressure in the market, contributing to AXS's bearish movement.

02.03.2025 - AXS Crypto was down 5.8%

• The bearish movement in AXS could be due to profit-taking by investors after a period of strong gains.
• The launch of Axie Infinity Origins Season 12 may have failed to generate enough excitement or new interest in the token, leading to a lack of buying pressure.
• Traders might be concerned about the sustainability of AXS's recent price rally, prompting them to sell off their positions.
• The overall market sentiment towards cryptocurrencies may have turned negative, causing a broader sell-off in the asset class and dragging down AXS along with it.

24.02.2025 - AXS Crypto was up 5.7%

• AXS saw a strong bullish movement today, potentially driven by the increasing popularity of blockchain-based games like Axie Infinity.
• The discussions regarding Gamecoins leading the upcoming altcoin season could have sparked optimism and speculation around AXS, contributing to its bullish movement.
• Positive sentiment towards Gamecoins and the broader altcoin market may have attracted investors to AXS, fueling its price surge.
• The focus on potential growth in the altcoin sector could have created a favorable environment for AXS to thrive, leading to its impressive performance today.

17.02.2025 - AXS Crypto was up 5.1%

• Despite a sustained downtrend in the cryptocurrency market, Axie Infinity (AXS) has shown a strong bullish movement today.
• On-chain data reveals a progressive build-up of large positions in AXS, indicating that certain investors remain highly confident in the future of the project.
• The continued accumulation of AXS suggests that investors view the token as an undervalued opportunity, leading to increased buying activity and driving the bullish market movement.
• While the speculative hype around the Metaverse may have faded, the data indicates that conviction remains strong among key market participants, potentially setting the stage for a future recovery in AXS and other Metaverse tokens.

22.03.2025 - AXS Crypto was up 5.0%

• The bullish movement in AXS today can be attributed to the positive developments in the Axie Infinity ecosystem, such as the launch of the Origins S12 Postseason and the upcoming Elite 8 Tournament, generating excitement and interest among players and investors.
• The Ronin Network's CCIP migration update could have also contributed to the bullish sentiment, indicating progress and improvements in the network infrastructure supporting AXS transactions.
• The combination of these factors likely led to increased demand for AXS, driving up its price in today's trading session as investors anticipate further growth and engagement within the Axie Infinity community.

06.03.2025 - AXS Crypto was down 5.5%

• The decline in AXS value may be a result of investors selling off their holdings to take profits following a period of price increase.
• Token unlocks scheduled for the second week of April may have raised the circulating supply of AXS, leading to a downward pressure on its price.
• The launch of Axie Infinity Origins Season 12 might have drawn funds and focus away from AXS, influencing its price negatively.
• In summary, the combination of an increased token supply, profit-taking actions, and competition from the new Axie Infinity season likely contributed to the bearish movement in AXS today.