Why is Axion crypto grabbing limelight today?

September 27, 2021 06:43 PM AEST | By Samta
 Why is Axion crypto grabbing limelight today?
Image source: Nattawit Khomsanit, Shutterstock.com

Highlights

  • AXN is trading 144.94% higher in the last 24 hours with a trading volume of US$1.48 million.
  • Bitcoin fell by 0.345% on Saturday, following a 4.54% drop on Friday, ending the day at $42,714.0.
  • Buyer can purchase AXN at a discounted rate in Axion’s daily auctions for 7-27% discount.

After witnessing a strong selling on Saturday, Bitcoin fell by 0.34% following a 4.54% drop on Friday. However, according to the analysts, cryptocurrency market rose to a high of US$2.14 trillion last week.

Representative image Source: © Jirsak | Megapixl.com

There are some tokens that have increased above 100% in the last 24 hours like Axion.

What is Axion crypto?

Axion or AXN is an ethical and community driven cryptocurrency that rewards the long-term investors with high yield interest rates and Bitcoins as weekly dividends. Hex2T is rebranding to Axion, which is a fork of Hex, designed to increase the rewards to the shareholders.

How to buy AXN token?

To purchase this token, the buyer needs to purchase an Ethereum (ETH) directly with a debit/credit card on a centralised exchange like Coinbase, Karken or Binance and send back to personal wallet.

AXN is available for a direct purchase on Uniswap or the buyer can also buy it at a discounted rate in Axion’s daily auctions for 7-27% discount.

However, if buying in AXN auctions, the buyers require to stake their AXN token for a minimum 60 days where they will receive dividends and interests in both Axion and Bitcoin. After purchasing the token, the buyer can get staked and put their money to work.

Axion price movement –

Axion or AXN is trading 144.94% higher in the last 24 hours at US$0.000231 with a trading volume of US$1,484,007. The current market rank of this cryptocurrency is #2932.

Axion’s fully diluted market cap is at US$36.14 billion. The token has been trading at US$ 0.00006753 on its 7-day high. It has been trading at US$ 0.00000171 at its all-time low.


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