AXS soars 17% following Axie Infinity's crypto game debut on Apple App Store

On Wednesday, the renowned game developer Sky Mavis revealed the release of the Origins crypto game on Apple's App Store, allowing individuals from selected countries to enjoy the game seamlessly. The update triggered increased on-chain activity on Axie Infinity's platform (within the Ethereum blockchain). That confirmed surged appetite from retail participants.

Timeline of Axie-infinity

Makers of Axie Infinity are hopeful that launching the game on the Apple platform will spurt growth. They are also hopeful of Apple making policies friendlier for NFTs in the future.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Axie Infinity (AXS), the blockchain-based trading and battling game, is showing positive momentum today. According to data from CoinMarketCap, each AXS token is worth about $7.55 after recording as high as a 15% daily growth rate.

Blockchain-based gaming platform Axie Infinity (AXS) launched Axie Infinity: Origins on Apple's App Store — leading to a surge in the value of its AXS token. According to a May 17 statement, the new mobile game is a card-based strategy game created to onboard more people into the Axie Infinity ecosystem.

The cryptocurrency market saw net outflows of $2.6 billion over the last 24 hours and currently stands at $1.12 trillion — down 0.2% from $1.13 trillion. During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 0.6% and 0.4% to $520.51 billion and $217.14 billion, respectively.

As the AXS staking rewards unlock event approaches, AXS holders anticipate the distribution of over $23 million worth of rewards while the Axie Infinity collection reigns supreme in the NFT market.

Although crypto markets are literally dominated by ETH and BTC price movements right now, interesting things are happening on other fronts as well: analysis of Stepn, Axie Infinity, and STX.

Axie Infinity (AXS/USD) price has wavered recently as investors wait for the upcoming token unlocks. AXS token was trading at $9.3, which is a few points below this month's high of $9.75. It has risen by more than 35% above the lowest level in March.

The Axie Infinity price analysis reveals that, due to the bulls' efforts to maintain their lead, the price has been trading at a high level for the past few days. Today has seen an advance as well, with the price rising to the $9.2 mark under the continued pressure of the bulls.

Latest news and prices related to the crypto assets Gala (GALA), Axie Infinity (AXS) and IOTA (MIOTA). Three cryptocurrencies, three projects and three different performances. Overall, we can say that the market seems to be going up, but let's go into detail.