Cryptocurrency Axie Infinity Down More Than 5% Within 24 hours

Over the past 24 hours, Axie Infinity's AXS/USD price has fallen 5.87% to $65.41. This is opposite to its positive trend over the past week where it has experienced a 24.0% gain, moving from $52.38 to its current price.

The chart below compares the price movement and volatility for Axie Infinity over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 230.0% over the past week while the overall circulating supply of the coin has increased 33.95% to over 102.90 million which makes up an estimated 38.11% of its max supply, which is 270.00 million. The current market cap ranking for AXS is #28 at $6.69 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.