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A mysterious whale wallet is holding 50% of Axie Infinity's SLP supply. The secretive wallet has been silently gathering billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the industry's most popular play-to-earn (P2E) crypto games, for almost a year now.
Contrary to the obvious explanation, this massive whale wallet is not owned by Axie Infinity or the company behind it, Sky Mavis.
The most recent roadmap of Axie Infinity states that the start of Origin Season 0 signals the entry into Phase 3. The recent market negative heat has been felt by Axie Infinity.
Axie Infinity (AXS) has failed to create a bullish structure after bouncing from its June lows. As a result, a breakdown could occur soon.
It would appear that early investors in Axie Infinity are switching their attention to the IBAT token being issued by Battle Infinity.
Axie Infinity has been feeling the bearish heat of the market recently. The GameFi-based protocol has been pretty active among the Twitter chat boxes recently after the release of the latest news.
Following the $620 million attack on Axie Infinity's Ronin sidechain, one researcher has traced fund flows to sanctioned crypto mixers. The post Sanctioned Mixers Used to Launder Axie Infinity Funds, Reveals SlowMist Researcher appeared first on BeInCrypto.
The current price of Axie is $14.33 USD. The 24 hour trading volume is $83.7 million.
Two different tokens power the Axie Infinity ecosystem. First AXS, which is the network's native token.
In the context of a particular ecosystem, a crypto token having a certain utility is known as a utility token.
Axie Infinity trading volume seen to have capsized by over 2% in the past few days. Price drops 4.7% in the past 24 hours AXS value set to jump in price when full version of Axie Infinity game rolls out in 2023 Price down 0.87% or trading at $16.97 as of press time AXS price has fallen 4.7% in the last 24 hours or is trading at $17.25.
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Axie Infinity (AXS) and Smooth Love Potion (SLP) have both broken out from their respective descending resistance lines, but are still facing horizontal resistance. The post Axie Infinity (AXS) and Smooth Love Potion (SLP) Show Signs of Life After Long Downtrend appeared first on BeInCrypto.
Axie Infinity team announced the Land Staking to its community users. This post is all about Axie Infinity Land Staking and how to stake.
Play-to-earn (P2E) blockchain game Axie Infinity no longer offers token rewards in its classic game mode.
Online pay-to-earn (P2E) gaming platform Axie Infinity has announced the transition of its gaming mode from classical to a better-developed one dubbed Axie Infinity Origin
The price of Axie Infinity (AXS) has struggled recently with a few bullish signs against Tether (USDT) despite market sentiments around the project. As a result of the “Merge” sentiments, this has led to many altcoins showing relief rallies and newer altcoins making all-time highs; the price of Axie Infinity has struggled to rally despite many expectations on AXS holders.
After recording more than $4 billion in all-time sales, Axie Infinity announced the game's classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode.
Data breaches have become common in crypto. Solana (SOL) was the latest victim in a spate of attacks aimed at stealing funds.
Short-lived bearish grip experienced by Axie Infinity has ended and according to the daily price chart, the price of Axie Infinity (AXS) has plummeted after a surprising bearish entry.
Axie Infinity (AXS) price has nosedived following a surprise entry by the bears as seen in the daily price chart. AXS hovering above both the 20- and 50-day EMA Axie Infinity price dropped as the bears slammed investors shut after going all-in with the recent uptick.
The much awaited Runes and Charms mining has been added to the game.
The crypto market experienced one of the worst bear runs in its history.
The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token.
