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

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In just three days, the Axie Infinity token (AXS), has seen a nearly 40% increase in its price. AXS soared to more than $65, the highest in two weeks. Redesigned reward systemFor its player-vs.-player competition round.

Detail: The startup play-to-earn increased its number of slots on the leaderboard to 300,000, and increased AXS rewards from the initial 3,000 to 117.676 for the following season.

Daily price chart. Source: TradingView
SLP burns and mints. Source: Axie Infinity
Price chart for AXS/USD 4 hour (4H). TradingView