![]() One month after its ICO, the Axie Infinity coin lost more than 50% of its value. That would’ve shaken out the weak hands, but the diamond hands didn’t have to wait long for a massive spike. AXS Price Pump and ATHĪfter reaching $3, the AXS coin ranged only for a month before massive buy volume entered the market at the end of June 2021. Not only did AXS set an ATH, but it rallied just over 5,200% to reach $165 in November 2021. That marked the top for AXS before falling just days later after setting an ATH. Bitcoin’s crash signified that it dragged the rest of the market with it, and the Axie Infinity cryptocurrency was one of the casualties. While many of the major altcoins lost about 70% of their value, AXS plummeted even lower.ĪXS had slight bounces in the downtrend, but the buy volume wasn’t enough for a price reversal. The price kept dropping and failed to hold at $38, which is strong support. Once it broke through that level, AXS kept making lower lows to reach slightly higher than its ICO price level, finding key support at $12. The Axie Infinity coin bounced off support a few days later and quickly spiked to $18. That was short-lived as AXS began dipping the following day and carried on until it eventually retested key support again. Since reaching its ATH, AXS has lost 93% of its value. Recapping AXS Key Eventsĭespite its high volatility, Axie Infinity is one of the best crypto games to play. ![]() Our Axie Infinity price prediction includes recapping key AXS events to highlight the massive volatility that the coin has experienced. AXS began trading on major exchanges at the beginning of April 2021 and closed the first day at $7.70. ![]() The coin dipped to $6.50 at the end of the month before a short-term rally to $11.By the end of May 2021, AXS had lost more than 50% of its value since the ICO as it dropped to $3.A month of consolidation followed before buyers stepped in at the end of June to launch AXS on an epic rally.A swift crash followed the rally, as Bitcoin dragged altcoins down with it.The coin pumped just over 5,200% to reach an ATH of $165 in November 2021. AXS’s crash has resulted in the coin losing 93% of its value after setting an ATH.ĪXS set an ATH in November 2021 when it reached $165, aligning perfectly with Bitcoin‘s topping structure.AXS dropped to $38 and failed to hold at strong support, resulting in a drop to key support at $12. Since AXS followed Bitcoin’s rally, it also followed suit when Bitcoin crashed. The Axie price swiftly made lower lows, forming a downtrend that had slight bounces, which were unsustainable. Once the price reached strong support at around $41, it had a significant bounce, but the price dropped and broke through support. The next stop for the price was key support and ICO price region, at around $12. The price has consolidated since mid-June 2022.ĪXS is currently holding at key support, and some signs may shift sentiment bullish.
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