On-Chain Markets Update by Juan Pellicer, IntoTheBlock Since our last in-depth analysis of Axie Infinity almost two months ago the price of their AXS token has increased over 100% within a few weeks. The rally has multiplied the value of AXS by 223 times since January. The catalyst behind this latest bull-run may have been the Series…
During the crypto bull market of the last year, deflationary tokenomics were a major force in many of the record price increases in the industry. The knowledge that the amount of certain tokens was decreasing over time triggered a stampede of investors to get in early, multiplying a token’s value many times over, sometimes in…