Axie announces the introduction of bAXS; AXS, RONIN, and SLP lead the counterfeit market.

Mars Finance reports that on January 18th, Axie Infinity announced the introduction of the non-tradable token bAXS, directly linked to user accounts and backed by AXS at a 1:1 ratio, to reduce inflation and reward genuine players. Furthermore, SLP rewards in Axie Infinity Origins have also recently been adjusted to mitigate inflation. According to market information, influenced by this, some blockchain game and metaverse tokens led the altcoin market gains today. The top-performing altcoins include: AXS at $2.06, up 52.2% in the last 24 hours; STO at $0.116, up 50.9% in the last 24 hours; BERA at $1.04, up 41% in the last 24 hours; RARE at $0.0303, up 28.9% in the last 24 hours; RONIN at $0.184, up 16.2% in the last 24 hours; SAND at $0.1504, up 15.6% in the last 24 hours; and SLP at $0.000993, up 13.2% in the last 24 hours. The overall crypto market remained range-bound today, with Bitcoin at $94,920, Ethereum at $3,301, and the total market capitalization at $3.305 trillion, down 0.3% in the last 24 hours.