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🥶 Axie Infinity ( $AXS ): GameFi Returns with a Roar
Market capitalization: $368M.
Axie Infinity put on a real fireworks show in January!
🟡 The AXS token soared over 200% for the month, reaching $2.70. The GameFi sector hasn't seen a rally like this in a long time.
What was the catalyst❔
🗣On January 7th, developers at Sky Mavis announced a radical tokenomics reform. The main innovation is the bAXS (Bonded AXS) system. Now tokens earned in-game can't be sold immediately - they're bound to the account and can only be used within the ecosystem.
🗣This is a blow to the bots that have been "farming and dumping" tokens onto exchanges for years.
The result? Selling pressure dropped by approximately 30%, and investors received the news with enthusiasm.
🗣An additional driver is the announced open beta of the MMO "Atia's Legacy" for Q2 2026. If the game takes off, it could attract a new wave of users and support demand for AXS.
🗣But there's a catch: RSI is showing overbought conditions, and large holders (1-2 years) are actively taking profits. A classic situation - fundamentals look good, but a correction is brewing.
Trade Guidelines:📈📉
📈 Holding above $2.33 - chance for continuation to $2.70.
📉 Drop below $2.07 - return to $1.90.
Conclusion:
AXS shows that the GameFi sector is alive. But after a 200% rally, going all-in is risky - wait for pullbacks for more comfortable entry points.
📈 Open trade with $AXS 🔗 Chat • X • JioCoinsX