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Axie Infinity's Token Jumps 12% After Firm Lists Game on Apple App Store

  • bhoomisinghal0
  • May 18, 2023
  • 1 min read

Blockchain-based play-to-earn project Axie Infinity's native cryptocurrency AXS rallied after CoinDesk reported on Axie's card-based strategy game debuting on the Apple app store. AXS slightly moved upward over 12% from $7.16 to $8.04 after the news, becoming the top gainer on CoinDesk Indices' leaderboard. At press time, AXS was on track for its best single-day percentage gain since Jan. 22. The cryptocurrency fell by over 3% in April, registering its third consecutive monthly decline amid the token unlocking and risk aversion in the broader market. AXS's price rally was accompanied by a sharp increase in the notional futures open interest.


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