AXS gains 40% after taking actions to prevent ‘ lasting economic downfall’

February 7, 2022

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The cost of the AXS token has been boosted by 40% in the last 3 days. AXS spurted to more than $65, its increased status in less than 3 weeks, as Axie Infinity discovered a superior payment pattern for its players versus players (PVP) event round.

Particularly, this play to earn startup expanded the multitude of the leaderboard roles to 300,000 and increased the number of AXS prizes for the next round to 117,676 from the last 3,000. Axie Infinity explained that this will further upgrade the competitive field and create an enormous demand for excellence Axie teams in the network. Also added that this will be generating a $6 million award pool for the 20th Season. AXS attends as the governance ticket for Axie Infinity protocol. Moreover, this fulfils as a legal capital to investment in-game NFTs. On the other hand, this uses a second token pattern. Players will receive another virtual currency, smooth love portion (SLP) after finishing the regular quests in exploration mode.

Axie Infinity is eliminating regular expedition and adventure methods, which means players will only have to earn SLP tokens through territory battles. This further shows a decline in SLP tokens by 56%. These changes will give rise to SLPs terror, potentially earning Axies more profitable in the 20th season. If everything goes great, Axie Infinity could persuade more performers and crypto supporters, which will eventually show a growth in the demand for tokens.

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