Current Market Status of AXS
AXS (Axie Infinity Shards) is currently priced at $2.2238809 USD**, reflecting a **−1.38% decline** over the past 24 hours. With a market capitalization of **$368.06 million USD, AXS ranks among mid-tier cryptocurrencies by market size. The 24-hour trading volume stands at $26.80 million, indicating moderate liquidity.
Key Metrics:
- 24h Change: −1.38%
- Market Cap: $368.06M
- Circulating Supply: 270M AXS
- All-Time High (ATH): $171.85 (November 8, 2021)
- All-Time Low (ATL): $0.099 (November 4, 2020)
Price Performance Trends
Short-Term Movement
- Weekly Performance: +5.76%
- Monthly Performance: −11.05%
- Annual Performance: −61.10%
Volatility Analysis
AXS currently shows a 5.07% estimated volatility, typical for gaming tokens in the crypto market. Investors should monitor technical indicators and market sentiment closely.
Technical Analysis Insights
Today’s technical ratings for AXS suggest:
- Daily: Sell signal
- Weekly: Sell signal
- Monthly: Sell signal
👉 Explore real-time AXS charts for deeper technical insights.
Strategic Considerations for Traders
Trading Platforms
For secure AXS transactions, consider reputable exchanges like:
- Binance
- Coinbase
- Kraken
👉 Start trading AXS with a trusted broker directly from TradingView charts.
Market Context
Comparative Analysis
- Gainers/Losers: Track trending cryptocurrencies to identify market shifts.
- Supply Metrics: AXS ranks #[X] among tokens with highest circulating supply.
FAQ: AXS Investment Guidance
Q1: Is AXS a good investment in 2024?
A: While AXS shows historical volatility, its gaming ecosystem potential makes it a speculative play. Diversify investments and monitor project developments.
Q2: How does AXS compare to other gaming tokens?
A: AXS remains a top gaming token by market cap, though competitors like SAND and GALA show similar volatility patterns.
Q3: What drives AXS price movements?
A: Key factors include:
- Axie Infinity game adoption
- NFT marketplace activity
- Broader crypto market trends
Q4: Where can I store AXS securely?
A: Use hardware wallets (Ledger/Trezor) or exchange wallets with 2FA enabled.
Q5: How often should I check AXS price charts?
A: Daily monitoring is advised for active traders; long-term holders can review weekly.
Final Thoughts
AXS presents both opportunities and risks characteristic of blockchain gaming assets. Always:
- Verify project updates
- Use stop-loss orders
- Balance your portfolio
For live discussions, join crypto communities analyzing AXS market dynamics.