what's your thought about Axie Infinity (AXS)

[Pranto]

I show they are paying most staking price 115.25% APY on binance .anyone research about this coin already ? share your thought about this coin please ?

Few things looking suspicious to me though I'm noob on crypto (I only hold rank coins for long time)

1.Price bump huge few days ago
2 Top 10 Holders hold 98.53% of Total Supply
3. https://gyazo.com/83fd1e019dc2235c545c33e18b3aa83d

Let me know about more things so I can learn or study how to research perfectly

 

[J0E]

A balloon waiting to burst imho.

 

[CPANathan]

That 115.25% goes up and down based on people staking, the games themselves generate income from mining and then trading fees etc fund a lot... All solid projects apart from the fact that Axie are doing some steal from the poor stuff...

 

[awesomewebsites]

Very good coin overall. I am planning to invest when there is major correction.

 

[Chielou June]

2 Top 10 Holders hold 98.53% of Total Supply

Very good coin overall. I am planning to invest when there is major correction.

THATS DANGEROUS

 

[awesomewebsites]

THATS DANGEROUS

Applies to most of coins including shiba inu.

 

[Chielou June]

Applies to most of coins including shiba inu.

98.53% is huge, even if they sell 5%, price will go down drastically.
SHIBA owners dont have that much and SHIBA is continuously burning coins.

 

[awesomewebsites]

SHIBA owners dont have that much and SHIBA is continuously burning coins.

82.13% of all SHIB controlled by the top 100 accounts​

 

[Chielou June]

82.13% of all SHIB controlled by the top 100 accounts​

 

[zerolimit]

AXS is a game cryptocurrency. They are the first NFT game in crypto, and as NFT is the rage these days there are so far ahead of their competitor that nobody came close yet.

The game is good but not great, I know because I played it.

The developers are fucked up as they updated their game without prior notice. Also, as the game is played to earn, they struggle to combat bots.

As the first one, they got a big advantage in the NFT gaming niche, so yeah they are quite stable for the moment unless another gaming coin can catch up to them, but it's not quite there yet.

 

[PetalSEO]

Brother everbody has its own tactics and sense to buy an coin , some depends on luck , Check and try How you get lucky !

But my bet is on SOL , BTC , ETH , SHIBA ! Try These too !

 

[R4v3nbl4ck]

I think it's too late to invest in AXS. I bought it when it was worth about $25 and sold it with a nice profit.

 

[Pranto]

I think it's too late to invest in AXS. I bought it when it was worth about $25 and sold it with a nice profit.

great to hear you made profit already
I was planning to stake 10k+ and make passive income
*already bought 10k usd worth Polkdot and staking