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Axie Infinity Sets Record-Breaking $4 Billion In NFT Sales

by Jet Encila
February 21, 2022
in Cryptocurrency
Reading Time: 2 mins read
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Axie Infinity, the Ethereum-based online game, continues to amaze its fandom during the last 12 months.

Regardless of some hiccups, the play-to-earn sport is relentless. In actual fact, it simply made fairly a little bit of a noise this week after the Sky Mavis venture snagged almost $4 billion in all-time NFT revenues.

The in-game forex of the P2E pet coaching universe, AXS, has appreciated by 2,544% in opposition to the US greenback over the last 12 months.

On the opposite facet, Clean Love Potion (SLP) has had a much less fortunate 12 months, with its worth lowering by 70% 12 months so far.

Metrics present that there are at the moment 53,502 AXS token holders and 45,276 Axie house owners out of 166,870 Axies.

Axie Infinity: Value Evaluation

Based on 24-hour Axie NFT gross sales numbers, the venture has acquired $2.2 million in transactions from 17,731 consumers.

Whereas Axie is third all-time when it comes to gross sales, it’s fourth when it comes to 24-hour gross sales and fifth when it comes to the earlier seven days.

Final month, Axie positioned eighth out of 10 tasks when it comes to 30-day NFT gross sales.

Based on the newest market figures, the common promoting worth of Axie Infinity as of Monday, Feb. 21, 2022, is $55.53, up 7.1% from the day gone by’s low of $50.30 to a excessive of $56.14.

AXS whole market cap at $3.17 billion within the each day chart | Supply: TradingView.com

Moreover, on Nov. 6, 2021, Axie Infinity reached an all-time excessive of $164.90. Compared, it reached an all-time low of $0.123718 on Nov. 6, 2020.

Even supposing cumulative Axie Infinity NFT gross sales have surpassed the $4 billion mark, gross sales fell 40.58 p.c final week.

Axie Infinity has processed $19,815,670 in orders by way of the Ronin blockchain in the newest weekly knowledge.

Associated Article | Axie Infinity Clean Love Potion (SLP) Explodes With 300% Achieve This February

Metaverse Actual Property Costs Up

Final week, Axie NFTs had a complete of 267,906 transactions, together with 91,940 consumers.

In the meantime, the worth of metaverse properties has surged in tandem with rising curiosity in blockchain-based digital world tasks reminiscent of Decentraland, The Sandbox, Illuvium and Axie Infinity.

Land within the Metaverse, in addition to flats, penthouses, and mansions, have been promoting for between $4 and $7 million.

The Webbland Mission, which advertises itself as an interconnected pixel metaverse, has generated $3.6 million in revenues during the last seven days, a rise of 126.24% over the earlier week.

Webbland is just like The Sandbox and Decentraland in that it permits customers to personal land, equip it with NFTs, full quests, and discover.

Webbland has surpassed Farmers World to assert the thirty third rank when it comes to seven-day gross sales within the current week, falling simply wanting Sheet Fighter.

Associated Article | Binamon NFT Recreation, on the Method to be the Subsequent Axie Infinity on Binance Sensible Chain

Featured picture from CoinGecko, chart from TradingView.com



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