Axie Infinity is a popular NFT token flourishing in the highly volatile crypto market as well as the NFT marketplace. AXS token has made a prominent position in the e-sports industry by becoming a play-to-earn NFT or cryptocurrency game. The piece of good news for AXS investors is that Axie Infinity has been successful in gaining attention from a large pool of the biggest ETH whales amidst the crypto crash ecosystem. The goal of ETH whales is to maximize possible profit from the NFT game.
Axie Infinity or AXS has become one of the top ten most-purchased digital assets in a daytime. At the time of writing, the current AXS price is US$15.19 with a market rank of 40, and a market cap of US$1,257,574,288.66. Axie Infinity performed very well in the highly volatile crypto market in June 2022 before getting hit by the crypto crash movement. Crypto analysts have speculated that AXS has a huge potential in the future for ETH whales to invest millions of dollars in it. The land staking feature in the Axie Infinity NFT game has made its sales jump to over 200%. It has successfully retained existing play-to-earn gamers as well as attracted potential new players after healing from the multi-million-dollar Ronin bridge hack in 2022.
This surge in the AXS price has thrown a plethora of opportunities to ETH whales to invest and drive profit in their diverse portfolios. The land staking feature has attracted 90% of the land owners to stake NFT tokens for rewards in the form of AXS. ETH whales have also observed the US$1.3 million of NFT sales from around 23,100 investors with a dramatic 205% increase. Thus, Axie Infinity has become one of the top buy options for ETH whales.
The NFT sale of Axie Infinity has created more popularity for the play-to-earn Ethereum-based game. It is transforming itself from a play-to-earn game into a play-and-earn game. ETH whales have looked into the week-over-week jump of Axie Infinity in the fluctuating crypto market to maintain a profitable wallet. AXS investors may experience a new battle system, visual upgrades, and all other exciting features so that players can customize and monetize the tokens as per their choices.
Thus, seeing that Axie Infinity is one of the top buy options for ETH whales, it can be predicted that the AXS token is rising to its former glory before the hack. It has created a new type of job market enabling crypto investors a quick return in the NFT marketplace.
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