• Axie Infinity developers revealed Origin, a brand new battle experience that offers three free Axies to players. 
  • According to the latest announcement, Origin’s Alpha test version could hit markets by the end of March 2022. 
  • Analysts have an optimistic outlook for Axie Infinity price. 

Axie Infinity’s latest update to make the gaming economy more inclusive offers free Axies to players. The Origin release is much-awaited for its expansive onboarding experience and opening up the metaverse game to mainstream players. 

Axie Infinity price climbs higher post-Origin launch announcement 

Axie Infinity’s new release promises users a brand new interface, special effects and free starter Axies to recruit family and friends in the community. Sky Mavis, the developers behind Axie Infinity, is keen on opening the play-to-earn game to a broader audience. 

The release is yet to be finalized, and the game’s release will be complete before the end of Q1 2022. The Alpha launch window would offer developers the opportunity to refine the game before the final release is out. Origin would not offer SLP or AXS rewards in the Alpha phase; additionally, a formal launch would reset all trainer progress and resources. 

Season 0 would follow the Alpha Phase closely, implementing feedback from the test window to the final release. SLP earnings would transition from Battles v2 to Origin. Battles v2 would run parallel with Season 0 and shut down once the transition is complete. 

Proponents believe that the launch of Origin could act as a positive catalyst for Axie Infinity price. The metaverse gaming token started a price rally by posting 4% gains. Analysts at FXStreet have evaluated the Axie Infinity price trend and noted that the gaming token’s drop below $55 indicates it is in a bear market. 

Analysts argue that the composite level, considered an early sign of a turning point in trend, has hit new all-time lows for consecutive weeks. This indicator implies that Axie Infinity price could turn around and break into a rally. 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed Join Telegram

Recommended content


Recommended Content

Editors’ Picks

What Shiba Inu price needs to do to trigger a breakout

What Shiba Inu price needs to do to trigger a breakout

Shiba Inu (SHIB) price is seeing a bit of a pullback and could drop even further in search of support after bulls failed to keep their act together during the recent rally and began grasping at early profits. 

More Shiba Inu News

Former Ripple CTO is dumping millions of XRP, traders beware

Former Ripple CTO is dumping millions of XRP, traders beware

XRP price shows promise that it is ready to trigger a massive run-up as the first half of the year comes to an end. There are three reasons why investors should be bullish on Ripple.

More Ripple News

Is Cardano’s Vasil hard fork a ‘sell the news’ event?

Is Cardano’s Vasil hard fork a ‘sell the news’ event?

Cardano price looks like it will face a massive amount of selling pressure that could lead to choppy price action. However, the fundamental side of things looks good for ADA considering the recent update regarding the highly anticipated Vasil hard fork.

More Cardano News

New sources affirm USDD is on a path to collapse like Terra’s UST

New sources affirm USDD is on a path to collapse like Terra’s UST

Tron launched its stablecoin USDD in May, at the same time as Terra’s sister tokens LUNC (formerly LUNA) and UST were imploding. The stablecoin recently detached from its $1 peg, sparking fears of a crash. 

More Terra News

Bitcoin: Everything you need to know about BTC 200-week MA

Bitcoin: Everything you need to know about BTC 200-week MA

Bitcoin price has gone through turbulent times over the last few months. From reaching a new all-time high to hitting yearly lows and revisiting levels since 2020, the crypto markets have been extremely volatile.

Read full analysis

BTC

ETH

XRP