AXS, the native token of the crypto gaming platform Axie Infinity reached a new all-time high of $119.92. In the last 7 days, the token went up by around 75.45%, and in the last 24 hours, the price growth was over 50%.
There are several reasons for the surge. On September 30, the Axie team launched a staking option.
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Axie Infinity (AXS) Hit a New High After Announced Staking