Thursday, October 5, 2023

AXS Breaks NFT Sales Records


Over the last year, AXS, an Ethereum-based video game, has continued to astound its fans.

Despite a few glitches, the play-to-earn game is unstoppable. Indeed, it generated a lot of attention this week as the Sky Mavis project brought in roughly $4 billion in all-time NFT revenues.

This made it the first non-fungible token (NFT) series to sell for more than $4 billion in the past, according to statistics from CryptoSlam. During the last 12 months, AXS is the in-game currency of the P2E pet training universe. It has gained by 2,544 percent versus the US dollar.

Smooth Love Potion (SLP), on the other hand, has had a less fortunate year, with its value falling by 70% year to date. Out of 166,870 Axies, there are presently 53,502 AXS token holders and 45,276 Axie owners, according to metrics.

Price Analysis for AXS

The project has reached $2.2 million in transactions from 17,731 purchasers, according to 24-hour Axie NFT sales data.

While AXS ranks third all-time in sales, it ranks fourth in 24-hour sales and fifth in sales over the previous seven days. In terms of 30-day NFT sales, Axie came in eighth out of ten projects last month.

According to market data as of Monday, Feb. 21, 2022, the average sale price of Axie Infinity is $55.53, up 7.1 percent from the previous day’s low of $50.30 to a high of $56.14.

AXS also hit an all-time high of $164.90 on November 6, 2021. In comparison, on Nov. 6, 2020, it hit an all-time low of $0.123718. Despite the fact that total Axie Infinity NFT sales have topped $4 billion, sales last week dropped 40.58 percent.

In the most recent weekly data, Axie Infinity handled $19,815,670 in orders via the Ronin blockchain.

Metaverse Real Estate Cost Increases

Axie NFTs had such a total of 267,906 trades last week, with 91,940 buyers.

Meanwhile, interest in blockchain-based virtual world initiatives such as Decentraland, The Sandbox, Illuvium, and Axie Infinity has boosted the value of metaverse properties. Land, flats, penthouses, and mansions in the Metaverse have indeed been trading for between $4 and $7 million.

The Webbland Project, which bills itself as a linked pixel metaverse, has made $3.6 million in revenue in the last seven days, up 126.24 percent from the week before. Users can own land, equip it with NFTs, accomplish missions, and explore Webbland. It is comparable to The Sandbox and Decentraland.

In the most recent week, Webbland surpassed Farmers World to take the 33rd spot in terms of seven-day sales, falling just short of Sheet Fighter.


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