Axie Infinity [AXS] Price Analysis: 30 March

Axie Infinity (AXS/USD) has seen significant price fluctuations over the past year, trading at $58 on 1 March 2022, $6.2 on 1 January 2023, and $9.8 on 1 March 2023. At press time, AXS/USD was valued at $8.38 after gaining by 3.6% in the last 24 hours.

Timeline of Axie-infinity

Axie Infinity (AXS), Celo (CELO) and Litecoin (LTC): how are their respective crypto assets performing? Are bullish or bearish phases expected? Below you will find an in-depth look at their analysis.

Axie Infinity (AXS) entered a bearish trend after a 5% negative performance in February. The steady decline in whale transactions and price volatility suggests that the bears may remain in firm control in the coming weeks.

Wallet addresses associated with the exploit of Euler Finance and last year's hack of Axie Infinity's Ronin Network have interacted, stirring up speculations that North Korean hackers might also be behind the recent attack on Euler. 

Without doubt, there are several crypto projects out there that have the potential to rise exponentially but Pikamoon is in a world of its own as this project is projected to be one of the best-performing projects in Q1 2023 Introduction The first quarter of the year has been a relief for crypto investors especially

Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last year's Axie Infinity heist. “It is the biggest crypto seizure Norwegian police have ever made,” said Norway's Økokrim.

After spending a considerable portion of 2022 in the doldrums, a number of tokens in the metaverse sector have seen considerable gains over the last several weeks, with 18 of the top 20 tokens in the sector seeing gains of up +319%, over the last 30 days.

On 2 February, Axie Infinity's [AXS] engine, the Ronin network, confirmed that users of the Play-to-Earn project could access loans directly in their wallet. According to the announcement, the feature was made available after the network's collaboration with MetaLend.

Despite operating losses in 2022 for the Reality Labs business, Meta Inc (NASDAQ: META) CEO Mark Zuckerberg reassured that the company is sticking to its long-term goals for Metaverse, leading to a surge in the prices of associated tokens. What Happened In the last 24 hours, Decentraland (CRYPTO: MANA) rose by 6.40% trading at $0.80.

A crypto gaming altcoin is following Axie Infinity (AXS) on a parabolic surge of its own, more than doubling in value this month. Ronin (RON), the Ethereum (ETH)-linked sidechain designed specifically for the Axie Infinity ecosystem, soared in price this month from $0.26 at the start of the year to $0.

Though Axie Infinity Shards (AXS), the cryptocurrency that powers one of web3's leading play-to-earn crypto games Axie Infinity, has now pulled back by close to 20% from the highs it hit above $14 per token just a few days ago, the cryptocurrency is still up around 90% this month.