Crypto token AXS hit a new high of $21.65 after jumping 17.2% on Monday, according to Decrypt.
- AXS token is currently trading at $20.89, representing a gain of over 156% in the last one week.
- The token gain occurs amid high barriers to entry in crypto games.
- The gains in AXS means it surpasses peers, including Decentraland’s MANA, which is down by 3.6% since Monday, but has gained 25% in the last seven days.
- At the beginning of the year, Axie Infinity raised $7.5 million in a Series A funding round where investors like Mark Cuban and Alexis Ohanian participated.
Axie Infinity Shards, the Pokemon-style game, is now ranked third on DappRadar’s Game Chart, with at least 25,000 users attracting a trading volume of about $27.06 million.
AXS is up +15.68%.