Axie Infinity (AXS) Crypto Token Unlocks For October 2023 - What You Need to Know

In this video, we dive into the upcoming Axie Infinity (AXS) crypto token unlock scheduled for October 20, 2023. Marti, a trusted source in the crypto space, shares valuable insights regarding this event. Axie Infinity is set to unlock 11.5% of their circulating supply, equivalent to a staggering 15.13 million AXS tokens, valued at approximately $68.28 million at the time of this presentation.
Marti breaks down the details of Axie Infinity's token unlock strategy, which includes quarterly unlocks - two significant ones and two smaller ones, representing staking rewards. Notably, the project has already unlocked 70% of its AXS tokens, a move welcomed by the community.

However, Marti also highlights the potential impact of token unlocks on the token's value. He points out that, historically, crypto tokens can experience significant price fluctuations leading up to unlock events. As we approach Axie Infinity's next significant unlock, Marti urges users to stay informed and take necessary precautions.

If you're an Axie Infinity investor or enthusiast, this video is a must-watch to stay up-to-date on the latest developments and potential market dynamics surrounding AXS. Don't miss out on this essential information for your crypto journey!

Axie Infinity (AXS) Crypto Token Unlocks For October 2023 - What You Need to Know

Axie Infinity (AXS) Crypto Token Unlocks For October 2023 - What You Need to Know
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