Axie Infinity is an online play-to-earn game developed by Sky Mavis, a Vietnamese gaming studio, that specialises in building blockchain-based games. It is built on the concept of non-fungible tokens (NFTs) and features an in-game economy that utilizes Ethereum-based cryptocurrencies. The game has gained attention and has been described by some as a “pyramid scheme” that relies on inexpensive labor from countries like the Philippines to drive its growth.

Axie Infinity was first released in March 2018 and is available on various platforms, including Windows, Android, macOS, and iOS. It combines elements of NFTs, online gaming, and strategy gameplay, offering both single-player and player-versus-player modes.

Axie Infinity was once the most popular play-to-earn web 3.0 game which rewards its player in AXS token. The price of AXS tokens in 2021 skyrocketed from less than 0.20 USD to a whopping 160 USD in less than one year from its launch. And since then the price has been falling. AXS token is down by 97.50% from its ATH price of $165.94.

As of July 19th, the AXS token is currently trading at $6.19, and investors are worried if they should continue holding AXS or not. Let us have a look at AXS price prediction from 2024 to 2030, to get a clear picture of the price movement.

While creating the price prediction, we have taken several factors into account, like technical analysis, past price movement, market sentiments, etc.

Axie Infinity: What Is It?

Axie Infinity is a play-to-earn blockchain game where you not only can earn AXS tokens, but you can also breed Axies (NFTs) and sell them for more money.

There was a time when more than 1 million people used to actively play Axie Infinity every day, making it the most well-liked blockchain-powered game to date. However, numbers have reduced in the bear market.

Skylabs released the Axie Infinity game on the app store last month. Despite this, the number of active players is down by 6,651 players in the last 30 days. You can read more about this here.

As of March 28th, 2024, the total number of 30 days of average active users playing the Axie Infinity game is 391,217.

How to make money with AXIE INFINITY?

To receive daily rewards, players can gather, breed, and battle Axies. In line with Pokemon, there are nine different classes of Axies, and each class has a distinct edge in combat. Each Axie is unique despite being a member of the same species. Each of the three genes—dominant, recessive, and minor recessive—is present in one of the six bodily components that axes have.

Depending on the Axie’s class and the player’s preferred fighting build, each Axie can be bred a maximum of seven times, with some traits being more potent than others. The most likely genes in the progeny of their NFT can be found using the Axie Breeding Calculator.

In the player vs. player arena mode of the game, as well as in the player vs. environment adventure mode, three Axies are required for combat. Tokens for Smooth Love Potion will be awarded to players for winning. Breeding new Axies requires SLP as well as AXS, the game’s native coin. Axie Infinity rewards players for their successes and successful completion of daily objectives with SLP tokens, adhering to the fundamentals of play-to-earn gaming.

Because SLP may be converted to fiat currency and other cryptocurrencies via cryptocurrency exchanges, this incentive scheme is distinctive. Additionally, through the Axie Infinity Marketplace, axes can be exchanged for Ethereum and sold as NFTs.

AXS: Details

Website axieinfinity.com
Token Ticker AXS
Token Supply 270,000,000
Current Supply 147,967,157
Founder
Nguyen Thanh Trung
Release Date November 2020
Current Rank #84
Market cap
$915,819,277

Technology that Underlies Axie Infinity Play to Earn Game

Axies, which are ERC-721 tokens, and its two cryptos, SLP and AXS, are ERC-20 tokens. Together, these three token types served as the basis for Axie Infinity’s initial core technology.

Since then, Sky Mavis has created Ronin, a sidechain with permissions that works with Ethereum and was created to house the game. 

The in-game collectibles, axes, pieces of land, and every other item are NFTs that provide safe, censorship-resistant proof of ownership being able to always be sold in the game’s marketplace contributes to their value retention. For winning in-game battles, players are awarded SLP tokens.

You could say that this game is the first one where in-game collectibles are held by the players. Opening a Ronin wallet and linking it to their accounts is required for players who want to make purchases from the marketplace. Windows, Android, Mac, and iOS users can all play the game.

What makes Axie Infinity unique?

The use of blockchain technology by Axie Infinity to advance gaming in Web 3.0 is one of its most distinctive features. Even though there have been prior attempts, this is the first game to successfully draw in a healthy, global gaming community.

Theoretically, participants in regular play can generate a sizable revenue. For winning in-game battles, players are awarded SLP tokens. You could say that this game is the first one where in-game collectibles are held by the players. Compared to popular MMOs like World of Warcraft, where artificial gold with no real-world value is used as the in-game cash, this is a stark difference. There is no trading, selling, or character transfer available for items or rewards that players gain.

If game company Blizzard decides to ban a player’s account, they risk losing all their possessions and achievements, unlike in Axiom Infinity where these resources are the player’s property. Players aren’t the only ones who prize Axies; investors do too. Because of their scarcity, the mystic axes are valuable, and as more players join, their value will probably rise.

The fact that Axie Infinity is working toward decentralization is another positive feature of the company. Along with slowly transitioning to a DAO, the company is also developing Lunacia SDK, a map editor that enables users to design game types and other encounters and save them as NFTs.

The goal of the Lunacia SDK is to gradually decentralize the game development process. A detailed roadmap of Axie Infinity’s objectives has been made available. All significant previous and upcoming milestones are included in the roadmap, which provides information about how the project is progressing.

What exactly is an AXS token then?

The native token for Axie Infinity’s governance is called Axis Infinity Shard (AXS). As of right now, breeding fees can be paid with AXS. The game’s future evolution will be decided by AXS holders, who will also be able to wager their AXS tokens to obtain incentives within the game. Axie Infinity intends to gradually transform into a decentralized autonomous organization (DAO) to support community governance. 

Price History 2020

During the first week of November 2020, Axie Infinity began trading on the Binance Launchpad and was officially launched. AXS’s price increased again after falling below $0.10, rising to $0.46 by the end of November. It’s a shame that this rise was short-lived. The highest AXS price ever was $0.90 in December. AXS pricing continued to decline, reaching $0.54 at the end of 2020. Even though the price of AXS had dropped, since Axie Infinity had first introduced the token, it had increased by 200 percent.

Price History 2021

The cost of AXS decreased once again to $0.41 in the first half of January 2021. The AXS increased to a value of $0.81 after the month. Axie Infinity’s price significantly increased in February to $2.38 before dropping back to $1.40 in late February. After March, it surpassed $6 for the first time. At the end of April, it reached a new high as it passed the $10 threshold. Then, it went on a protracted bullish run before reaching a new all-time high of $157 on November 6. Then, prices started to drop, and it closed the year at $93 instead.

Price History 2022

By the end of January, it had dropped to $47 from the beginning of the year’s bear market in pricing. It increased to $68 during the first week of February before declining once more. Then, as a result of the market’s sharp decline, the price of the AXS token dropped to roughly $7.07. AXS ended the year at 6.04 USD.

Price History 2023

AXS started trading just above 6USD.

On 29th October 2023, AXS token was traded at $5.67.

AXS token was traded at 9.1 USD, on December 31st, 2023.

Overall, it was a good year, where the AXS token saw a rise of more than 50%.

How to buy Axie Infinity?

You can buy Axie Infinity from any top centralized crypto exchange or decentralized crypto exchange.

  • Recommended Centralised crypto exchange to buy AXS: Binance, Kucoin, etc.
  • Decentralized crypto exchange to buy AXS token: Uniswap
  • Best crypto exchange for US crypto investors to buy AXS token: Coinbase
Huobi Sign up here
OKEx Sign up here
KuCoin Sign up here
Coinbase Sign up here
Binance Sign up here

Axie Infinity Price Prediction 2024

When Maximum Price Minimum Price
July 2024 $6.787 $5.656
August 2024 $7.466 $6.221
September 2024 $8.212 $6.844
October 2024 $8.294 $6.912
November 2024 $9.124 $7.603
December 2024 $9.215 $7.679

Throughout 2024, AXS Token prices are projected to exhibit notable fluctuations. In July, AXS Token is expected to reach a maximum price of $6.787 and a minimum price of $5.656. By December, the projected maximum price for AXS Token is anticipated to increase to $9.215, with a minimum price of $7.679.

As of July 19th, 2024, AXS is trading at $6.19.

Axie Infinity Price Prediction 2025

When Maximum Price Minimum Price
January 2025 $9.307 $7.506
February 2025 $8.461 $6.044
March 2025 $8.630 $6.960
April 2025 $7.846 $5.604
May 2025 $8.528 $6.877
June 2025 $9.381 $6.701
July 2025 $9.197 $7.417
August 2025 $11.036 $7.883
September 2025 $11.147 $8.989
October 2025 $10.133 $7.238
November 2025 $10.336 $8.335
December 2025 $10.439 $7.457

Throughout 2025, AXS Token prices are projected to experience significant variations. As we step into January, the maximum price is expected to be $9.307 and the minimum $7.506. By December, the anticipated maximum price is projected to reach $10.439, with a minimum price of $7.457.

Axie Infinity Price Prediction 2026 to 2030 (in USD)

Year WISE
(in USD)
Maximum

Price

Minimum
Price
2026 $16.995 $7.982
2027 $19.644 $8.253
2028 $23.971 $7.848
2029 $31.620 $14.380
2030 $43.674 $25.739

Throughout 2026, the AXS Token is expected to reach a maximum price of $16.995 and a minimum price of $7.982. In 2027, the projected maximum price is $19.644, with a minimum of $8.253. For 2028, AXS Token prices are anticipated to vary between a maximum of $23.971 and a minimum of $7.848. In 2029, the maximum price is forecasted to be $31.620, while the minimum is expected to be $14.380. By 2030, the AXS Token is projected to attain a maximum price of $43.674, with a minimum price of $25.739.

Axie Infinity Price Prediction 2026 to 2030 (in INR)

Year WISE (in INR) Maximum Price Minimum Price
2026 ₹1,421.27 ₹667.53
2027 ₹1,642.81 ₹690.19
2028 ₹2,004.67 ₹656.32
2029 ₹2,644.35 ₹1,202.59
2030 ₹3,652.41 ₹2,152.53

In 2026, the AXS Token is expected to reach a maximum price of ₹1,421.27 and a minimum price of ₹667.53. In 2027, the projected maximum price is ₹1,642.81, with a minimum of ₹690.19. For 2028, AXS Token prices are anticipated to vary between a maximum of ₹2,004.67 and a minimum of ₹656.32. In 2029, the maximum price is forecasted to be ₹2,644.35, while the minimum is expected to be ₹1,202.59. By 2030, the AXS Token is projected to attain a maximum price of ₹3,652.41, with a minimum price of ₹2,152.53.

FAQs

Is Buying Axie Infinity a Profitable Investment?

As per our prediction, investing in Axie Infinity over the long term will be profitable.

Long-term is defined as the Axie Infinity price estimate for a time frame of five years or more. However, when the bull market comes, it is recommended to sell the AXS tokens.

Are there any costs associated with playing Axie Infinity?

Yes, there are costs involved in playing Axie Infinity, such as acquiring Axies, transaction fees for buying and selling on the marketplace, and potential costs for breeding Axies or participating in certain game features.

What will AXIE Infinity be worth in 2025?

We predict that Axie Infinity could range between $5.604 and $11.147 in 2025.

When will AXS touch 100 USD?

AXS could reach 100 USD in 2032. 

What will AXS be worth in 2030?

Crypto Analysts predict that Axie Infinity could range between $25.739 and $43.674 by 2030.

Is Axie Infinity a sustainable game in the long term?

The sustainability of Axie Infinity relies on various factors, including its player base, market demand for Axies, and the continued development and updates from the Sky Mavis team. As with any game, its long-term success will depend on ongoing community support and engagement.

Also read:

Is AXS a Scam?

After its brutal fall, some investors say AXS is a scam as the price has dropped and does not seem to go up. Well, the price may have gone down by a huge margin, but that does make AXS a scam token. Axie Infinity is one of the best play-to-earn games out there.

Some experts do say the token model of AXS is flawed is designed to go down with time and is a PONZI.

However, that is not true, according to us. AXS tried something new and should stay the market leader in the world of play-to-earn blockchain games.

The inclusion of gameplay centered around the game’s land NFTs, which let players modify the landscape and create shareable experiences, is the next item on the game’s extensive roadmap.

Axie Infinity will be able to do more than just fight and create monsters thanks to this additional feature.

Is AXS a Good Investment in 2024?

It could be a good addition to your portfolio but in a very small amount. I would not be adding AXS, but if you are interested, July 2024 to august 2024 could be a good time to add a few AXS tokens to your portfolio.

One of the reasons I am not buying or holding AXS despite Axie Infinity being one of the leaders of P2E games is because only 54.80% of the AXS tokens are in circulation, and there are still a lot of the coins that will be available in the market in the future which may put additional pressure for AXS token’s price growth.

What is your prediction for AXS? Do you think AXS will touch 100 USD by 2025 or 2030? Share your thoughts in the comments.