AXS - 3 Reasons to Buy Axie Infinity
What do cute, fuzzy creatures, the metaverse, and cryptocurrencies have in common? Well, these interesting features of the NFT-based game Axie Infinity (CRYPTO: AXS) happen to be the primary basis for why many investors are considering this token.
Axie Infinity is one of a number of metaverse-related cryptocurrencies making waves lately. Following a strong surge into early November, Axie Infinity peaked at a year-to-date gain of more than 30,000%. In other words, for token holders who bought in on Jan. 1 and held for approximately 10 months, that's a 300-bagger.
This sort of price performance is enough to entice many investors to look at this token. However, there are a number of other reasons investors may want to consider this play-to-earn game. (Play to earn refers to the ability to earn monetary rewards simply by playing an online game.)
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3 Reasons to Buy Axie Infinity