fxs_header_sponsor_anchor

Axie Infinity price expected to rally ahead of major network updates

  • Axie Infinity announces Origin alpha test launch within a few months in its January 2022 update. 
  • The Axie Infinity development team is working on the “Project K trading feature” to support in-game trading of items. 
  • Analysts have predicted that the daily structure of Axie Infinity price trend could breakout of the wedge. 

Play-to-earn gaming giant Axie Infinity revealed major development updates for 2022. The team is working on a feature to support the in-game trading of items between users. This update will likely take over a month to be live. 

Axie Infinity developers reveal major updates for 2022

One of the largest metaverse tokens, Axie Infinity, revealed major development updates in 2022. The play-to-earn gaming token enjoys a community of actively engaged players and investors. 

The development team is currently working on a key update, the “Project K trading feature.” The feature is expected to enable in-game trading of items among users. The feature would take over a month to finish development and launch, according to the Axie Infinity newsletter. 

Interestingly, the Axie Infinity team is working on a target alpha test launch in 2022. Origin (Battle V3) would introduce new economic balancing features. Features like a vertical progression of Axies would boost utility and adoption among investors. 

The development team has shared 3-dimensional (3D) models created for “Project K trading feature” in a recent blog. The team is working on simplifying the onboarding process through the launch of Origin. 

@Call_Me_Cypher, a cryptocurrency analyst and trader predicted that the daily structure of the Axie Infinity price could break out of the wedge and move higher. 

@Crypto_Scofield, a crypto analyst and investor, has set a target of $89 for Axie Infinity price. FXStreet analysts evaluated the Axie Infinity price trend and predicted a 26% advance in the price of the play-to-earn gaming token. 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.