The Axia Protocol (AXIA) token has risen by 157% in the past 24 hours and is currently trading at $0.68 at the time of writing
The Axia protocol token has recorded a price spike after trading sideways within a narrow range of $0.01—$0.03 for the past week. A sudden burst in volumes yesterday took the AXIA token to the $0.6 region where it seems to be establishing strong support. The coin could possibly 2X or 4X from the current levels if the volumes continue to build up in the coming weeks.
How & where to buy Axia Protocol in the UK and elsewhere
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What is Axia Protocol?
The Axia protocol allows its users to invest passively through the use of crypto index funds. As cryptocurrencies evolve, more users will look to invest in index funds as they are a passive mode of instrument and less risky. The Axia Protocol team claims that every new token added to its funds has to go through mandatory vetting and due diligence process. By choosing to invest in a basket of tokens, the risk can be diversified, which is why index funds are so popular.
Should I buy AXIA today?
The Axia token saw good volume growth yesterday and the coin could surge higher if the whales decide to pump it. The early holders of AXIA could possibly receive healthy returns in the future.
The first potential target for AXIA is the $1 level and the coin could rally further once it manages to establish strong support in this region.
This article is informational only—none of the contents should be construed as financial or investment advice.