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The cryptocurrency era is upon us, and many people are rushing to get in on it. This new era came with many other exciting perks like the introduction of DeFi or the creation of the metaverse. It also brought about the birth of NFTs (non-fungible tokens). Non-fungible tokens (NFTs) are one-of-a-kind assets that generally represent ownership rights to digital art but not always the original work from which the NFT is produced.
Many crypto communities have developed their NFT and tokens, and many are doing well in the market. The Apecoin (APE) was seen to have a very high price during its debut in March. It was a token created by the developers of the Bored Ape Yacht Club (BAYC), a platform that has seen the likes of celebrities such as Post Malone and Neymar, purchase its NFTs. Also, the token CashFi (CFI), a decentralised platform, has created a secure means for NFT creators and holders to market and auction their art. These tokens have the capability to be profitable to their investors in the near future. This article will review these tokens in this article, giving you reasons why you should add them to your watch list.
Axie Infinity (AXS) is a blockchain game in which players can earn crypto by fighting Axies and trading them on the non-fungible token (NFT) marketplace. As the native governance token, AXS holders will be able to influence game choices and progress in the future, as well as stake AXS tokens for game incentives. The utility of the token in powering the game is one feature that makes Axie Infinity a good investment possibility.
The game currently has over 2.8 million daily participants and USD 3.6 billion
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