Altcoin price exceeded $ 154, and its capitalization increased to $ 9.1 billion.
The price of the Axie Infinity token on October 4 updated its all-time high at $ 154. Over the past 24 hours, altcoin has risen in price by 40%.
The growth over the past two months was 285%. The capitalization of the token has increased to $ 9.1 billion, according to CoinGecko.
Last week, the number of Axie Infinity token holders exceeded 17 thousand addresses, having increased by 420% since the beginning of the year.
The number of $AXS holders continues to grow, hitting a new all-time high yesterday.
There are now 17,480 addresses with a balance in AXS, representing a 420% increase YTD. pic.twitter.com/jdKWer4xky
— IntoTheBlock (@intotheblock) September 28, 2021
Axie Infinity is a blockchain game where players fight each other using fantastic creatures, each represented as an NFT token.
Players can buy, create and trade new creatures. Players can earn cryptocurrency by creating and selling new creatures, winning battles with other players, and also placing bets on the outcome of battles.
The project was developed on the Ethereum blockchain by Sky Mavis.
In early August, Axie Infinity ‘s active audience exceeded 1 million users. Amid the popularity of the blockchain game, its internal token began trading on Coinbase, the largest cryptocurrency exchange in the United States , on August 13 .
* Some players download the game client without owning Axies. There are still less than 1 M Axie owners.
— Axie Infinity🦇🔊 (@AxieInfinity) August 6, 2021
The Smooth Love Potion (SLP) internal blockchain game token, which players receive as a reward for battles, has even begun to be accepted by merchants as payment in the Philippines.
However, the local regulator became interested in such sellers . The Philippine Ministry of Finance has proposed taxing operations with the SLP token in the country.
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