Despite the remarkable rise of the “Sandbox” project in November, “Axie Infinity” has now surpassed it in daily sales.
“Axie Infinity” tops the daily sales volume chart:
According to Cryptoslam data, the NFT cryptocurrency “AXS” was traded in the hands of nearly 35,000 buyers across 90,000 transactions, an increase of 3.4% in daily sales compared to the previous day.
This is more than 100 times the number of NFT transactions in SAND digital currency in 24 hours, with only 485 buyers conducting 842 transactions in the same time frame (24 hours).
With this, Axie Infinity easily tops NFT’s list of highest daily sales volume, with over $24 million in sales in the past 24 hours.
Selling Virtual Land for 550 Ethereum ($2.3 million):
Digital game Axie Infinity confirmed late Thursday that it has sold a piece of its virtual land for 550 ETH (more than $2.3 million).
According to the game developers, this is a record amount, the highest ever paid for virtual real estate in the game.
Meanwhile, visibly excited Axie Infinity couldn’t hide her delight at the sales, as the company took to its official Twitter page to share the story, claiming that its digital nation continued to surprise the world.
✨A Genesis Land Plot just sold for 550 ETH!
That’s over 2.3 M USD!
Our player-owned Digital nation continues to shock the world 🙌🔥 pic.twitter.com/SVvAtFNYUF
— Axie Infinity🦇🔊 (@AxieInfinity) November 24, 2021
Virtual lands in the game are non-fungible tokens (NFTs), or unique collectibles, which can either be minted, bought, or sold via various out-of-game trading platforms.
According to the game, “Axies” live in a world called “Lunacia”.
Now, in Lunacia, there is a 301 x 301 square grid with separate sections, each representing a coded plot of land known as a Terra.
Players have the right to sell, buy or even rent these plots of land to other players as they wish.
But according to reports, the particular land that was sold yesterday falls under the “Genesis” category, and is said to be the rarest form of virtual land available in the “Axie Infinity” ecosystem.
Could this be the reason for the increased activity around ‘Axie Infinity’ in the past 24 hours?
Deputy Governor of the Bank of Canada: Crypto does not pose any danger to the Canadian economy
After the success of his predictions in the past months…Will PlanB’s model fail to predict the closing price of Bitcoin in November?