Despite the impending unlocking of millions of dollars in tokens, Axie Infinity’s AXS cryptocurrency is surging. According to CoinDesk data, AXS has gained more than 40% in the last 24 hours, reaching a four-month high of $13.94. According to Coinalyze, the dollar value locked in the number of open contracts in perpetual futures linked to AXS has increased by 156% in the last 24 hours to $104 million. An increase in open interest in tandem with a price rally indicates a new inflow of bullish money.
