Axie Infinity Price Prediction: What will happen to the gaming token in 2022?

What is Axie Infinity? The Axie Infinity coin is the native token of the Axie Infinity ecosystem. A platform that allows traders and gamers to battle and gain NFT rewards. The game follows the plot of popular games such as Tamagotchi and Pokemon. Gamers collect and breed creatures known as Axies, which they use to battle against other traders and players. Current Axie Infinity price action Axie Infinity price kicked off the second of March at a low of $44. Within a day, the price had skyrocketed all the way to $48.9 on the 15th, before correcting downwards to $47. The bulls had attempted to break past the $50 mark but faced huge resistance from break-even sellers. As of this writing, the price of the AXS token is trading at $47.005. Another attempt by buyers to break past the $48.9 mark was met by a barrier of $48.462. Axie Infinity is only 4 years old and has managed to gain traction within that short duration; as a result of the increasing hype surrounding NFTs and the metaverse. Most of the ecosystem’s senior developers have a track record of experience in gaming and virtual reality. Today, the token commands a market capitalization of $2.8 billion and has a coin market rank of 44. Also, note that the total supply of AXS tokens is at 270 million. Already, 53.5 million of those tokens are circulating across the cryptocurrency market. What do Influencers think about the price direction of Axie Infinity? Popular Youtube crypto...