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Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’ -Breaking

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The Axie Infinity’s priceAXSIn just three days, the ) token has risen by almost 40%. AXS surged to $65, which is its highest level in over two weeks. Redesigned reward systemIt is a player-vs.-player (PVPTM) competition round.

The play-to earn startup increased its leaderboard slot count to 300,000. It also raised the AXS reward amount to 117.676 from the previous 3,000.

Chart of daily prices Source: TradingView
SLP can be burned or mint. Source: Axie Infinity
Chart of the AXS/USD price at 4H. TradingView