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Latest Resource
March 27, 2023
Another Crypto Coincidence

Bitcoin is getting slammed today on news that the CFTC announces […]

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Staking Sends Axie to a New All-Time High ($AXS)

October 4, 2021

Staking Sends Axie to a New All-Time High ($AXS)

Axie Infinity ($AXS) is a revolutionary blockchain-based protocol that has successfully combined Ethereum NFTs with play-to-earn decentralized gaming mechanics.
LikeFolio first identified this breakout star in late July -- The price of AXS, the governance token of the Axie protocol, has soared more than +200% since then. Consumer Mentions of Axie Infinity, its associated NFT assets, and underlying tokens have leveled off from the explosive growth seen earlier this year, trending just +15% QoQ on a 7-day moving average.

However, AXS has been on a tear, up more than +100% in the past week and +30% in the past 24 hours…The reason for the parabolic growth? Axie recently announced staking rewards for AXS token holders.
With estimated staking rewards of +188% APR, this decision has generated a fresh wave of demand for AXS from the investment side.

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Axie Infinity is Still Growing (AXS-USD)

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Crypto Investing Update

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

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