Source: news.google.com
metaverse and NFT-focused cryptocurrencies, including infinity axis (AXIS),Flow (FLOW), Apecoin (APE) and Sandbox (SAND), have posted significant gains in the last 24 hours.
Play-to-earn (P2E) gaming platform Axie Infinity’s AXS governance token has skyrocketed 25.6% in the past 24 hours, making it the biggest gainer among the top 100 cryptocurrencies, per Coingecko.
As of this writing, AXS is trading at around $8.54 and is the 46th largest cryptocurrency with a market capitalization just north of $970 million.
Despite today’s heroics, AXS has had a rough 2022. AXS has lost almost 94.8% of its value since its all-time high of $164.90 in November 2021.
According to the NFT data platform CryptoSlamAxie Infinity’s trading volume has fluctuated between about $18,000 and up to $48,000…
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