--News Direct--
Popular crypto game Axie Infinity is one of the first play-to-earn NFT games to hit a major app store. Yesterday, the game launched Axie Infinity: Origins, a slimmed-down version of its original game, on the Apple App Store.
Axie Infinity’s native ERC-20 token, $AXS, responded to the app store listing almost instantly. The token gained 16% and trading volume increased by nearly 10x according to crypto data provider CoinMarketCap.
Yet the overall excitement around Axie Infinity’s launch was muted compared to the action going on in the meme coin market. One of the hottest new meme coins, AiDoge ($AI), reached the $8.5 million fundraising mark in its presale and analysts are clamoring that it could 100x once it hits exchanges.
Axie Infinity: Origins Offers Free Way for Users to Join the Axie Ecosystem
Axie Infinity: Origins is a card-based game that offers players non-NFT “starter” Axies—creatures that players collect in the game. It’s a significant departure from the original Axie Infinity game, which requires players to buy or rent NFTs to join.
The idea behind this version of the game is that it encourages traditional gamers who don’t want to purchase NFTs to join the Axie Infinity universe.
Players have the option to purchase additional Axies within the lite game, which can be converted into NFTs in the future and migrated onto the main Axie Infinity platform.
Axie Infinity: Origins was previously available to a limited set of users through the Google Play store and the Mavis Hub, an app store created by the founder of Axie Infinity. The new rollout on the Apple App Store makes the game available to users in Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, and Vietnam.
$AXS Jumps 16%, But Pump Appears to Be Short-lived
On news of the App Store listing, Axie Infinity’s $AXS utility and governance token jumped 16% to $8.00.
However, the bullish move is a blip in an otherwise steady downward trend for $AXS. The token is down 66% over the past year, largely due to a hack on the project’s Ronin blockchain that lost $622 million in users’ funds.
Already, the shine of the Axie Infinity: Origins launch appears to be wearing off. The coin has given up most of its initial gain and now sits at just 5% above its price before the App Store listing.
AiDoge Leverages Generative AI to Build on Meme Hype
At nearly the same time that Axie Infinity listed on the App Store, another crypto project reached an early milestone. AiDoge ($AI), a project that uses generative AI to create viral new memes, surpassed $8.5 million raised through its crypto presale.
AiDoge sits at an intersection of meme culture and AI that has many crypto users and memesters. Users only need to describe the meme they want to create, and AiDoge’s algorithm will produce an original image and text to match.
As a result, anyone can create a viral new meme in seconds. First-time creators don’t need graphic design skills, while experienced memesters can use AiDoge to take their creativity to the next level.
Another benefit to AiDoge.com is that the platform makes it easy to turn new memes into NFTs. If a meme goes viral, the creator can verifiably establish their ownership over the hottest new trend.
$AI Token Offers Staking and Meme-to-earn Rewards
AiDoge’s native $AI token plays a critical role in the platform.
First, it’s required to purchase credits to use the meme generation algorithm. Credits are similarly required by most generative AI platforms currently on the market.
Users who plan to use AiDoge frequently can stake $AI to earn credits on a daily basis. This rewards system encourages memesters to hold $AI for the long term and to create more memes.
Every new meme created with AiDoge is shared to a public wall, where users can vote on their favorite creations. At the end of each month, the votes are tallied up and the top-rated memes earn $AI for their creators.
This meme-to-earn rewards system incentivizes AiDoge users to be more inventive and push the bounds of what a great meme can be.
AiDoge Presale Offers Chance to Buy $AI Before It Explodes
A growing number of crypto analysts have zeroed in on AiDoge as the next crypto to explode. The coin hits on two niches that are incredibly popular in the crypto space right now—memes and AI.
One analyst even sees $AI producing 100x returns after it lists on major exchanges.
$AI is available to purchase now through the AiDoge presale, but the presale is selling out fast. It has a hard cap of $14.9 million and the next price increase is only a few days away.
For a limited time, presale investors can buy $AI at a price of $0.0000308.
DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.
Contact Details
Finance News
Alex Brown
View source version on newsdirect.com: https://newsdirect.com/news/axie-infinity-price-surges-after-apple-app-store-listing-aidoge-also-pumping-670492083
