I’m buying the AXS and SAND GameFi tokens on January 22, 2022 and this is why!

By: Milko Trajcevski
Milko Trajcevski
Milko leverages his passion for cryptocurrencies and teaches investors something new each day. During his spare time, he loves… read more.
on Jan 22, 2022
  • Axie Infinity (AXS) saw an increase in its trading volume by 45% in the last 24 hours.
  • The Sandbox (SAND) also saw an increase in its trading volume by 60% in the last 24 hours.
  • Both tokens have huge potential for growth by the end of February 2022.

Axie Infinity AXS/USD is a play-to-earn platform where users can train animated characters known as Axies, which they can treat like pets or choose to battle with. AXS is the native cryptocurrency token of the game, which is ERC-20 based, built on top of the Ethereum Blockchain.

The Sandbox SAND/USD is a virtual metaverse where players are given the opportunity to play, build, own and even monetize virtual experiences. SAND is the native cryptocurrency token that is used as a means of facilitating transactions within the virtual world.

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Should you buy Axie Infinity (AXS)?

On January 22, 2022, Axie Infinity (AXS) had a value of $50.15.

Axie Infinity (AXS)’s all-time high value was on November 6, 2021, when it reached $164.90. At its ATH, the token was $114.75 higher in value or by 228%.

In terms of the performance of the token in December, on December 1, the token had a value of $142.15, which was its highest point of value of the month.

When we go over its lowest value point, the token had a value of $90.18, which occurred on December 20. This means that the token decreased in value by $51.97 or by 36%.

With this in mind, at $50.15, AXS is a solid buy, as it can reach $70 by the end of February 2022.

Should you buy The Sandbox (SAND)?

On January 22, 2022, The Sandbox (SAND) had a value of $2.93.

The Sandbox (SAND)’s all-time high value was on November 25, 2021, when it reached $8.40. This means that the token’s value was $5.47 higher or by 186% at its all-time high point.

In terms of the performance of the token throughout the month of December, on December 1, the token had its highest point of value at $6.89.

Its lowest point of value, however, was on December 15, when it decreased to $4.45. What this means is that the token decreased in value by $2.44 or by 35%.

With this in mind, at $2.93, SAND is a solid buy as the token has the potential to reach $4 by the end of February 2022.

Where to buy right now

To invest simply and easily, users need a low-fee broker with a track record of reliability. The following brokers are highly rated, recognised worldwide, and safe to use:

  1. Etoro, trusted by over 13m users worldwide. Register here >
  2. Capital.com, simple, easy to use and regulated. Register here >

*Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.