Axie Infinity (AXS) price surged nearly 45% in the last day, outpacing most mid-cap altcoins and putting GameFi back on traders’ screens. Unlike a typical low-liquidity spike, this move has come with rising volume and improving momentum, pointing to broader participation and fresh buying interest. Price action is also starting to look healthier, shifting from a pattern of lower highs and lower lows to higher highs and higher lows.
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Why is the Axie Infinity (AXS) Price Rising Today? Is Liquidity Rotating Into GameFi?
Axie Infinity (AXS) price surged nearly 45% in the last day, outpacing most mid-cap altcoins and putting GameFi back on traders’ screens. Unlike a typical low-liquidity spike, this move has come with rising volume and improving momentum, pointing to broader participation and fresh buying interest. Price action is also starting to look healthier, shifting from a pattern of lower highs and lower lows to higher highs and higher lows.