MoonTradingForecast

AXS Don't Miss Out! Grab the Bull by the Horns and Invest Smart

Long
BINANCE:AXSUSDT   AXS / TetherUS
## AXS Coin: Fundamentals, Recent News, and Disclaimer

**Disclaimer:** I am not a financial advisor and this information should not be considered financial advice. Please do your own research before making any investment decisions.

**Fundamentals:**

* **Name:** Axie Infinity (AXS)
* **Type:** ERC-20 token
* **Platform:** Ethereum (with Ronin sidechain)
* **Use case:** Governance token for the Axie Infinity game, used for breeding Axies, staking, and participating in the Axie Infinity DAO.
* **Total supply:** 270 million AXS (capped)
* **Circulating supply:** 137.2 million AXS (as of February 12, 2024)
* **Current price:** $7.69 USD (as of February 12, 2024)
* **Market cap:** $1.05 billion USD (as of February 12, 2024)

**Recent News:**

* **Axie Infinity: Origins launched:** A revamped version of the original Axie Infinity game with improved graphics and gameplay.
* **$150 million funding round:** Sky Mavis, the team behind Axie Infinity, raised $150 million in a funding round led by Andreessen Horowitz (a16z).
* **AXS listed on Coinbase:** AXS was listed on the major cryptocurrency exchange Coinbase in October 2023.
* **Continued growth of Axie Infinity ecosystem:** The number of daily active users on the Axie Infinity platform has continued to grow in recent months.

**Additional Notes:**

* The Axie Infinity game has been criticized for its high entry barrier (requiring the purchase of Axies, which can be expensive), and for its potential links to gambling.
* The crypto market is volatile and the price of AXS could fluctuate significantly in the future.

I hope this information is helpful. Please remember to do your own research before making any investment decisions.

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