Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally

7 months ago 42
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AXS, the autochthonal token of Axie Infinity, a play-to-earn nonfungible token (NFT) crippled built atop the Ethereum blockchain, rallied much than 100% connected a quarter-to-date (QTD) timeframe to refresh a caller grounds precocious supra $155.

Nonetheless, the cryptocurrency present risks paring a information of its caller gains arsenic a cardinal method indicator, dubbed the comparative spot scale (RSI), flashes its overbought conditions. In doing so, it mightiness close beneath $90—almost a 40% drop.

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