• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

After the reduction of the day adjust reward, Axie Infinity (AXS) improved to 71.eight%

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The Axie Infinity blockchain gaming venture has after once again turn out to be a “fever” title in the crypto neighborhood. Because the AXS token grew 71.eight% in much less than 24 hrs.

After the reduction of the day adjust reward, Axie Infinity (AXS) improved to 71.eight%

SLP Day Reward Reduction – AXS immediately generates a new peak

On August 9, the Axie Infinity advancement crew announced some mechanical modifications for the new season. As a outcome, the volume of Smooth Love Potion (SLP) earned by way of PVE mode (taking part in towards the machine) will be halved, from one hundred SLP to 50 SLP.

Related articles

Shiba Inu burning rate increased by 499,416%, will SHIB increase by $0.1?

Shiba Inu burning price enhanced by 499,416%, will SHIB improve by $.one?

November 28, 2023
Axie Infinity Partners with Grab Philippines to Offer Reward Points to Users, AXS Price Increases by 12%

Axie Infinity Partners with Grab Philippines to Offer Reward Points to Users, AXS Price Increases by twelve%

November 27, 2023

The day-to-day mission reward has also been lowered from 50 SLP to 25 SLP per day. Meanwhile, the SLP bonus volume for PVP mode (perform with people today) will improve in accordance to the player’s rank.

See far more: Axie Infinity Game Halves Daily Rewards – What Should Players Do?

After this information, several people today imagined it would make it more difficult for gamers to recover their capital when investing in “plowing Axie Infinity”. On the contrary, several gurus also imagine that this is a sensible move on the aspect of the developer of this venture.

Because decreasing the SLP reward will slow down the improve in aggregate provide. This will give the SLP token far more scarcity. This aspect is anticipated to produce superior development momentum for the two SLP and AXS.

The effects did not disappoint as AXS begun its development momentum just 1 day right after the announcement of the mechanism adjust. This development momentum started in the afternoon of August ten (Vietnam time) and continued to increase in the morning of August eleven. At that level, the AXS rate hit a new ATH at $ 75.

As a outcome, this token grew 71.eight% in much less than 24 hrs. At the time of creating, AXS is trading close to $ 71.five.

AXS / USDT Price on H1 Frame on Binance (Source: Trading View)

Not only does the token rate impress, but Axie Infinity continually generates several other amazing effects as nicely. In July 2021, this gaming venture had a turnover of virtually $ 90 million in just one month.

With this problem, Axie Infinity climbed the income chart in July, surpassing several “big names” this kind of as PancakeSwap, MetaMask … Furthermore, lately, Axie Infinity was also acknowledged as a blockchain venture. The initial game to attain $ one. billion in income on Ethereum.

The ever-expanding recognition and prevailing perform-to-earn trend have aided Axie Infinity (AXS) produce amazing development in rate and total style.

Total product sales of Axie Infinity in the final thirty days (Source: Token Terminal)

Synthetic Currency 68

Currently, Coinlive is generating a series of A to Z tutorials for novices to understand and perform Axie Infinity, you can refer to the facts in the following articles or blog posts:

Part one: Ultimate guidebook to taking part in Axie Infinity for novices

Part two: Instructions to download the game Axie Infinity – Strategies for deciding upon pets and setting up the optimum Axie crew

Part three: Instructions on how to maximize revenue by taking part in Axie Infinity

Part four: five issues you want to know ahead of taking part in Axie Infinity

Part five: Experience Axie Infinity gameplay – Effective PvP and PvE encounter

Part six: SLP, AXS Token Price Analysis? Should you invest in the Axie Infinity game appropriate now?

Part seven: Axie Infinity Game Halves Daily Rewards – What Should Players Do?

Maybe you are interested:

Tags: AxieAXSChangedayincreasedInfinityreductionreward
Share76Tweet48

Related Posts

Russia’s Sberbank Launches Bitcoin-Linked Structured Bonds

by shark
June 3, 2025
0

Sberbank, Russia's largest bank, has announced the launch of structured bonds linked to Bitcoin, reflecting a pivotal shift in Russia's...

Shiba Inu Price Drops Amid Key Indicator Low

by shark
June 3, 2025
0

Shiba Inu's price faces challenges as a key technical indicator hits a three-month low, signaling potential market implications.

Bitcoin Adoption Mirrors 2000 Internet User Growth

by shark
June 3, 2025
0

Analysis on how Bitcoin adoption compares with internet growth according to experts at Bitcoin 2025 Conference in Miami.

Meta Rejects Bitcoin Reserve Proposal, Market Remains Unfazed

by shark
June 3, 2025
0

Meta shareholders reject Bitcoin reserve proposal, impacting market reactions and future financial strategies.

U.S. Senate Prepares to Vote on GENIUS Stablecoin Act

by shark
June 3, 2025
0

The GENIUS stablecoin bill could face a Senate vote this week, impacting U.S. and global crypto markets.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Russia’s Sberbank Launches Bitcoin-Linked Structured Bonds
  • Top-Rated Cryptos in 2025: BlockDAG, Polygon, DOT, & Aptos
  • Shiba Inu Price Drops Amid Key Indicator Low
  • Bitcoin Adoption Mirrors 2000 Internet User Growth
  • Meta Rejects Bitcoin Reserve Proposal, Market Remains Unfazed
  • U.S. Senate Prepares to Vote on GENIUS Stablecoin Act
  • Qubetics Tezos and Avalanche Named Top Crypto to Invest in for Short Term After UK Crypto News
  • Michael Saylor’s Strategy Acquires 705 Bitcoin for $75 Million
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7