I woke up this morning and had some chores to do. So I haven't been able to check my portfolio until now. The markets have been red for a while now. I started losing hope seeing everyone post about how we're in a bear market. And I started to believe them! But as I'm sitting…
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As many of you know Biden is expected to sign an executive order on crypto regulation this week. I believe this is nothing but great news. Some of you right about now are probably thinking I am crazy because “regulation” is never a good thing. But in this case it is, or should I say,…
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Axie Infinity, the Ethereum-based video game, continues to amaze its fandom over the last year. Despite some hiccups, the play-to-earn game is relentless. In fact, it just made quite a bit of a noise this week after the Sky Mavis project snagged nearly $4 billion in all-time NFT revenues. The in-game currency of the P2E pet training universe, AXS, has appreciated by 2,544% against the US dollar during the last 12 months. On the other side, Smooth Love Potion (SLP) has had a less lucky year, with its value decreasing by 70% year to date. Metrics show that there are currently 53,502 AXS token holders and 45,276 Axie owners out of 166,870 Axies. Axie Infinity: Price Analysis According to 24-hour Axie NFT sales numbers, the project has received $2.2 million in transactions from 17,731 buyers. While Axie is third all-time in terms of sales, it is fourth in terms of 24-hour sales and fifth in terms of the previous seven days. Last month, Axie placed eighth out of 10 projects in terms of 30-day NFT sales. According to the most recent market figures, the average selling price of Axie Infinity as of Monday, Feb. 21, 2022, is $55.53, up 7.1% from the previous day’s low of $50.30 to a high of $56.14. AXS total market cap at $3.17 billion in the daily chart | Source: TradingView.com Additionally, on Nov. 6, 2021, Axie Infinity reached an all-time high of $164.90. In comparison, it reached an all-time low of $0.123718 on Nov. 6, 2020. Despite the fact that cumulative Axie Infinity NFT sales have surpassed the $4 billion mark, sales fell 40.58 percent last week. Axie Infinity has processed $19,815,670 in orders via the Ronin blockchain in the most recent weekly data. Related Article | Axie Infinity Smooth Love Potion (SLP) Explodes With 300% Gain This February Metaverse Real Estate Prices Up Last week, Axie NFTs had a total of 267,906 transactions, including 91,940 buyers. Meanwhile, the value of metaverse properties has surged in tandem with rising interest in blockchain-based virtual world projects such as Decentraland, The Sandbox, Illuvium and Axie Infinity. Land in the Metaverse, as well as flats, penthouses, and mansions, have been selling for between $4 and $7 million. The Webbland Project, which advertises itself as an interconnected pixel metaverse, has generated $3.6 million in revenues over the last seven days, an increase of 126.24% over the previous week. Webbland is similar to The Sandbox and Decentraland in that it allows users to own land, equip it with NFTs, complete quests, and explore. Webbland has surpassed Farmers World to claim the 33rd rank in terms of seven-day sales in the recent week, falling just short of Sheet Fighter. Related Article | Binamon NFT Game, on the Way to be the Next Axie Infinity on Binance Smart Chain Featured image from CoinGecko, chart from TradingView.com
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With the memory of The Sandbox Alpha release still fresh and the funky music from the Snoop Dogg concert still lingering in their minds, fans must be thrilled to know that Season II is already on the way! Prior to the new season, The Sandbox is going to launch a grand collection of unique Snoop […]
I know this discussion on banking the unbanked has been from around now but lemme push it further. It has been over just a decade since DeFi was first introduced to the world with the creation of Bitcoin. Of course, most of us first saw it as a PONZI scheme that came to fleece us…
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