Is It Too Late to Buy Axie Infinity? AXS Price Rockets Up 35% as the Latest Meme Coin Prepares to Launch
In the ever-evolving cryptocurrency landscape, Axie Infinity’s AXS token has made a significant leap, soaring over 30% to reach around $10.7. This impressive surge has catapulted AXS to the pinnacle of gaming cryptocurrencies, surpassing BEAM with an exceptional market capitalization of $1.4 billion.
Currently trading at $10.85, Axie Infinity has witnessed an astonishing increase of over 35% in the past 24 hours. Ranking #56 on CoinMarketCap, it boasts a live market cap of approximately $1.43 billion and a circulating supply of 132.04 million AXS coins.
As the latest meme coin prepares for its launch, Axie Infinity stands at the center of investor and gamer attention, sparking debate on whether it’s too late to buy into this rising digital asset.
On Christmas Day, the cryptocurrency market exhibited remarkable stability, despite a minor 1.31% decrease in the global market cap. Bitcoin maintained its position strongly above $43,000, instilling confidence among cryptocurrency enthusiasts.
Other major altcoins like Ethereum, Solana, Ripple, Litecoin, and Dogecoin experienced slight declines, but the overall market sentiment remained positive, demonstrating resilience to fluctuations even during the holiday season.
Axie Infinity emerged as a standout performer on Christmas Day, showcasing the adaptability and resilience of the cryptocurrency industry. This exceptional performance amid market fluctuations adds excitement and anticipation for the digital asset world as it heads into the new year.
Axie Infinity’s positive trend on Christmas Day has likely bolstered investor confidence, and the overall optimistic sentiment in the crypto market could potentially lead to further increases in the price of the AXS coin.
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