Close Menu
Newsoutnow.comNewsoutnow.com
    Quick Access
    • Bigg-Boss
    • Entertainment
    • High Life
    • Infotainment
    • News
      • Business
      • Sports
      • Technology
    • News Wire
    • Photo Gallery
    • Stars-Wiki
    • Trending
    • World
    Facebook X (Twitter) Instagram
    • About
    • Download the App
    • Contact Us
    Facebook X (Twitter) Pinterest
    Newsoutnow.comNewsoutnow.com
    • Entertainment
    • Infotainment
    • News
      • Sports
      • Business
      • Technology
      • World
    • High Life
    • Trending
    Newsoutnow.comNewsoutnow.com
    Home»News»Technology»What is Axie Infinity Token and How Does it Work? 
    Technology

    What is Axie Infinity Token and How Does it Work? 

    Rimple VermaBy Rimple VermaNovember 4, 20222 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    When you try to pick a crypto asset to buy, you usually choose among the top-traded cryptos in the
    Coimarketcap ranking. That is the right decision since top-rated coins are always the most valuable
    and less volatile. However, experienced investors also recommend paying attention to less popular
    tokens with good prospects.


    Now that the blockchain industry is evolving, some game tokens are worth considering. Play-to-earn
    consent has not reached its peak yet, so maybe now is the best time to invest in NFTs and in-game
    tokens. Today, we would like to talk about AXS coin – its use case, price, and prospects.


    What is Axie Infinity?


    Inspired by a famous Pokemon game, the developers of Axie infinity built the blockchain game where
    participants could play and earn tokens. AXS is the Axie infinity crypto used for rewarding players in
    the gameplay process and also for:
    ●trading
    ●creating more NFTs
    ●collecting NFTs
    ●making NFT battles.


    NFT is made in the form of cute little animals that are bred and collected. Players can generate new
    Axies NFTs in the game process. The sustainability of the platform is reached by attracting new
    players. Thus, the more players join the game, the more tokens they buy, so the AXS coin gains
    value.


    And on the contrary, if the game platform loses users’ attention and the number of players decreases,
    it will reduce the AXS token price.


    AXS Token Prospects


    Depending on where the platform moves next, the forecast for its token may be different. If everything
    is okay and the game gains more players and expands, AXS coin has all the chances to reach
    $262.14 in April 2023.
    You can earn Axie infinity crypto by joining the Axie platform, or you can buy tokens on any large
    crypto platform, for example, WhiteBIT.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBigg Boss 16: Tina Dutta’s Adorable Moments With Her Pets
    Next Article How Technology Is Impacting Cricket Through The Simulated Reality League ?
    Rimple Verma
    Rimple Verma

    Rimple Verma works as a Content Writer with Pagalparrot.com. Rimple loves writing about lifestyle, business and entertainment.

    Next Up For You

    Technology

    CoinDCX Lists World of Dypians (WOD), Expanding Access to Next-Generation Blockchain Gaming in India

    February 1, 2026
    Technology

    WazirX Integrates Fireblocks to Enhance Digital Asset Custody

    February 1, 2026
    Technology

    Toyow's $TTN Token Lists on CoinDCX, Strengthening India's Position in the Global RWA Economy

    December 12, 2025
    Technology

    CoinDCX Introduces 'Earn' Feature on USDD, Up to 8% APR for Indian Crypto Investors

    December 11, 2025
    Technology

    ZebPay Marks 11 Years of Leading Bitcoin Investments in India; Unveils New Brand Identity

    December 6, 2025
    Technology

    CoinSwitch Releases India's First Comprehensive VDA Handbook for Police and LEAs

    December 6, 2025
    More Reads

    Jazz at Lincoln Center Announces Leadership Transition as it Ushers in a New Era

    February 1, 2026

    Infosys and Tennis Australia Bring AI-First Experiences and Accessibility to Australian Open 2026

    February 1, 2026

    Mayilaa — A Newton Cinema Production — Announces World Premiere at the 55th International Film Festival Rotterdam (IFFR)

    February 1, 2026

    Spielwarenmesse honours outstanding innovations with the ToyAward

    February 1, 2026

    NYSE Content Advisory: Pre-Market Update + First Lady Melania Trump to Ring NYSE Bell for Doc ‘Melania’

    February 1, 2026

    Blokees Exhibits Multiple Products at Spielwarenmesse 2026

    February 1, 2026

    Mandira Bedi Shares Her Journey of Resilience, Discipline and Reinvention on the New Episode of Herbalife India’s Podcast Live Your Best Life, Unscripted

    February 1, 2026
    Facebook X (Twitter) Pinterest RSS
    • About
    • Download the App
    • Contact Us
    © 2026 newsoutnow.com

    Type above and press Enter to search. Press Esc to cancel.