This article will predict the price action of the Axie Infinity Shards token (AXS) in the next ten years. A project incorporating the exciting elements of blockchain and NFTs, it has seen massive price movements, particularly in 2021. Let's discuss what we can expect from the Axie Infinity token in the years to come.
What is Axie Shards (AXS) Token?
Axie Infinity is a blockchain-based game that's partly owned and driven by its players. Following the footsteps of popular games such as Pokémon, Axie Infinity facilitates the players to breed, raise, collect, and battle creatures referred to as Axies. Players can buy and sell Axies which has led to a thriving marketplace. The ecosystem has its own unique token called Axie Infinity Shards (AXS), which acts as the community's currency.
Axie Token Recent Updates and Price Changes
The Axie Infinity project began in 2018 as a traditional online game, but the AXS token did not launch until 2020. As a result, it has not experienced any of the highs and lows of the bull/bear cycle from the previous years.
One of the exciting projects in recent years, at launch, the AXS token was available to purchase for a mere $0.10! In the latter part of 2021, the price of the AXS token exceeded a whopping $157!
Axie Token Price Prediction for 2023- 2027
As a project utilizing new technology, it has suffered from numerous glitches, which has resulted in the price of the token falling in value. Now in the latter part of 2022, the AXS token is available to purchase at $7.02. However, there is a great deal of optimism, and between 2023 and 2027, we expect to see the value of the AXS token rise significantly.
In 2023, cryptonewsz.com expects the price of the token to sell at a minimum price of $9.15. By 2027, the AXS token will reach a maximum value of $30.55.
In this period, it'll not advance to the previous all-time high of more than $157. But a maximum price of over $30 is highly respectable; it'll remain one of the top-ranking Cryptocurrencies.
Axie Token Price Prediction for 2028- 2033
The bullish outlook will continue throughout the latter part of this decade and into 2030 and beyond. The experts at ambcrypto.com are far more optimistic than cryptonewsz.com. ambcrypto.com predicts, in 2028, the AXS token will see a minimum price of $54.38. By 2033, this price will rise to a maximum of $352.43.
According to ambcrypto.com, in 2030, the minimum price will be $97.65, with a maximum set at $146.47.
These projections are based on factors such as historical price action, community sentiments, and current developments. The predictions lead us to believe long-term investment in AXS is a profitable course. By 2033, we can expect a 50-fold price increase compared to the current AXS price at just over $7 per token.
Is Now A Good Time To Invest in Axie Token Shards (AXS) or Has The Ship Sailed?
The Axie Infinity project has developed at a rapid pace in a short space of time. One factor determining its success is whether it can attract new entrants. Some teething problems, such as the 2022 hacking exploitation, have made people view Axie Infinity with skepticism.
However, the AXS token has over a 600 million US dollar market cap. In the Non-Fungible Token (NFT) sector, it is a market leader, and based on price predictions, now is a good time to invest in the AXS token.
Disclaimer: The crypto-currency market suffers from high volatility and occasional arbitrary movements. The information listed here is not financial or investing advice. Readers should research various viewpoints and check local regulations before committing to an investment. Nothing written above is to be considered as trading or investment recommendations.