Axie Infinity price dips 45% since April even as Axies’ active addresses rise nearly 700%

Axieinfinity News

Axie Infinity price dips 45% since April even as Axies’ active addresses rise nearly 700%
Cryptocurrencies
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Axie Infinity (AXS) is a gaming finance (GamsFi) token with a virtual world and a game featuring Axies from the NFT collection.

Axie NFT collection’s monthly active addresses climbed 690% since April. The NFT project has generated more monthly on-chain revenue than most other blue-chip collections in the past 30 days. AXS wiped out 45% of its value since April even as Axie NFTs are relevant among investors. Axie Infinity is a gaming finance token with a virtual world and a game featuring Axies from the NFT collection.

@Jihoz_Axie dropped key details of the campaign that evidence the rising demand for the NFTs and the relevance among traders: 236,000 total participants engaged with Axies 202,000 Axies were purchased Axie treasury noted a 99% surge in weekly fees paid, up from $50,685 to $100,843, during the first ten days of the campaign.

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