Crypto News

Axie Infinity (AXS) has exceeded $4 billion in total sales

Axie

Axie Infinity continues to achieve new milestones in the non-fungible token (NFT) arena, despite a drop in monthly sales volume.

When it comes to play-to-earn games and digital collectibles, Axie Infinity is one of the most well-known brands.

As of April 30, 2022, Axie Infinity had a total sales volume of around $4.07 billion.

After losing $600 million due to the Ronin bridge hack in April, this is a significant boost for the project.

Axie Infinity is now ahead of Yuga Labs’ Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and CryptoPunks, a recently acquired digital collectible.

Flow’s NBA Top Shot, Art Blocks, VeeFriends, Moonbirds, Azuki, World of Women, Bored Ape Kennel Club, and CloneX are among the other projects in the race for the largest sales volume.

Source: CryptoSlam

What factors contributed to the increase in Axie Infinity sales?

Increased unique purchasers, which began in May 2021, resulted in an increase in total transaction counts, and can be blamed for the skyrocketing Axie Infinity sales volume.

Axie Infinity had 17,416 unique purchasers in May 2021, which equated to 113,093 transactions. The total sales volume of Axie Infinity was roughly $27.71 million.

Between May and July 2021, the number of unique buyers increased by 1,135 percent to roughly 215,089. This equated to 1,349,597 transactions and a total sales volume of $666.91 million.

Axie Infinity achieved an all-time high in sales of $848.18 million in August 2021. There were 305,264 unique buyers in total during the month, resulting in 1,854,260 transactions.

Source: CryptoSlam

In November 2021, there were 520,425 unique buyers. There were 2,643,500 transactions in the month, with a total sales volume of $754 million.

Aside from July, August, and November, the months of June ($122.23 million), September ($518.46 million), October ($545.93 million), December 2021 ($301.37 million), and January 2022 ($126.49 million) also contributed considerably to Axie Infinity’s sales.

Related Posts – AMC Theatres Explores Accepting Dogecoin, CEO Sees Awing DOGE Poll Results

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.