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Airdrops have become the check equivalent in the crypto space in the past couple of years and more evidence of this can be demonstrated by popular protocols like Uniswap and dYdX that reward their early adopters with free tokens that are now worth $30,000 to $30k. 2 million.
The latest protocol that surprised its user base with an airdrop to fatten the wallet is Axie Infinity (AXS), a blockchain-based fighting game that has raised its profile over the course of the year due to the massive adoption the games have seen. Play to Earn (P2E) model.
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Data from Cointelegraph Markets Pro and TradingView shows that since jumping from $47.92 on September 21, AXS price has surged 145% to hit a new high of $118 as daily trading volume increased from $421 million to $1.95 billion.
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