Millennials make 25,000% returns on new crypto that blends gaming | The Economic Times

Photo by Maxim Hopman found on Unsplash

Millennials were drawn to Axie Infinity, a digital token that combines gaming and now has a market capitalization of over $2.5 billion. The gaming token, which was released in November 2020, has risen over 25,000% so far, implying that a 75,000-rupee investment ($1,000) would have grown to 250,000 rupees in just nine months. The cryptocurrency is one of the few outliers, having weathered the storms of May to reach a new all-time high, sitting around $42. After China initiated a large crackdown on the crypto business in May, the crypto market witnessed aggressive selling among many of the more well-known coins. 

Source: https://economictimes.indiatimes.com/markets/cryptocurrency/millennials-make-25000-returns-on-new-crypto-that-blends-gaming/articleshow/84761152.cms 

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