Axie Infinity Token Unlock

Axie Infinity AXS resuming the bullish trend

Mo. Ago

Event Date: Friday, December 13, 2024

Event Time: 23:00 CET

Axie Infinity Unlocks AXS P2E Tokens

EVENT ENDED

At 1:10 PM UTC on December 13th, Axie Infinity will release 815,630 AXS tokens, or roughly 0.53% of the total amount that is presently in circulation. Following this release, around 4.66% and 7.53% of the total AXS supply will remain locked. The event is anticipated to have a notable impact on the token's market dynamics, potentially influencing both trading volumes and price movements.

Factors Affecting AXS/USD Prices

Axie Infinity token AXS has been bearish since March in 2024 , as the sentiment in the crypto market has been quite bearish. But, AXS might benefit from this update, since it will attract more players into the game for opportunities to earn. Although, we might see a run higher in the last days ahead of the upgrade.

Updated Monday, December 2, 2024

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About Axie Infinity Token Unlock

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. It was created in 2018 by Trung Nguyen and Aleksander Larsen of Sky Mavis. Players can collect, breed, raise, battle and trade token-based creatures known as Axies. Each Axie is a non-fungible token (NFT) with different attributes and strengths. The Axie Infinity ecosystem also has its own unique governance token, the Axie Infinity Shards (AXS). AXS is used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.

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