What Is AXLINU?
It supports various financial services, including liquidity providing, yield farming, staking, IDO launches, NFTs, and lending & borrowing. The ecosystem is powered by its native utility token, $AXL, with $Axls serving as a reward token.
Over the past 7 days, AXL INU has increased by 4.20%, outperforming the global cryptocurrency market’s growth of 1.50%. However, it is underperforming compared to Ethereum ecosystem cryptocurrencies, which have risen 12.70% in the same period.
Gate.com already confirmed the announcement that AXL INU (AXL) has been successfully rebranded to AXL INU (AXLINU) on Gate.com, and the token has been relisted on Gate.com with the new trading symbol AXLINU. Users can now view their updated balances in their Transaction History.
It is important to note that the rebranding is merely a change in name and does not involve any blockchain migration.
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Key Features of AXLINU
- Smart Routing Swaps: Efficiently finds the best price for token swaps.
- Staking Pools: Users can stake AXLINU tokens to earn rewards.
- Borrow & Lend: Provides decentralized lending and borrowing services.
- IDO LaunchPad: Enables projects to launch initial decentralized offerings (IDO).
- NFT Integration: Facilitates the trading and minting of NFTs within its ecosystem.
Utility of AXLINU Token
AXLINU is the core utility token of the ecosystem and it is used for:
- Staking for rewards.
- Paying IDO Launchpad Fees for projects launching within the ecosystem.
- Eligibility to participate in IDO events.
AXLINU Tokenomics
- Total Supply: 100,000,000,000 AXLINU
- Circulating Supply: 8.85 Billion AXLINU at Token Generation Event (TGE)
- Max Supply: 100 Billion AXLINU
- Public Sale Price: Not disclosed
- Initial Circulating Percentage: 8.85%
Token Allocation
Market Performance
- All-Time High (ATH): $0.003199 (January 3, 2022)
- All-Time Low (ATL): $0.062093 (July 9, 2023)
- Current Trading Volume: $1,874.00 (Last 24 hours, 10.10% increase)
- Fully Diluted Valuation (FDV): $667,302
- Market Cap: $59,050
All unsold tokens from the pre-sale stage were burned, along with an additional 6.5% of the total supply. This equates to 17,647,235,107.00244169 AXLINU, or approximately 17.6% of the total supply.
AXL tokens are available on centralized exchanges, with Gate.com being the most popular platform for trading. The most active trading pair is AXLINU/USDT.
(All data is valid as at the time of writing, 20th Feb 2025)
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The Team Behind AXLINU
Founder: Asser Fawzi - A seasoned trader with over six years of experience in market analysis and fintech. He is also an active angel investor with a diverse portfolio in fintech, logistics, and mobile technology.
How to Buy $AXLINU
Step 1: Register for an Account
Start by visiting Gate.com and clicking on “Sign Up” to create your account. Enter your email address, create a secure password, and follow the registration instructions.
Step 2: Complete the KYC Verification
To ensure your account is secure and compliant with global regulations, complete the Know Your Customer (KYC) process. This usually involves submitting a government-issued ID and possibly a selfie. Proper verification increases your account’s security and unlocks full trading features.
Step 3: Deposit Funds
Once your account is verified, deposit funds into your Gate.com wallet You can use various methods, such as bank transfers, credit or debit cards, or even other cryptocurrencies. Make sure you deposit enough funds to cover your desired investment as well as any applicable fees.
Step 4: Locate $AXLINU
In the trading section of the platform, use the search bar to find $AXL. Gate.com typically lists Bitcoin with various trading pairs, such as $AXLINU/USDT. Review the current market price and available order options before proceeding.
Step 5: Place Your Order
Decide whether to place a market order or a limit order. A market order will execute immediately at the current price, while a limit order lets you set your own price. Enter the amount of $AXLINU you wish to purchase, review the order details carefully, and then confirm the transaction.
Step 6: Secure Your Investment
After purchasing $AXLINU, it is advisable to transfer your funds to a secure personal wallet. Hardware wallets, like Ledger or Trezor, provide robust security by keeping your assets offline. Alternatively, reputable software wallets can also be used to store your $AXLINU securely.
Future Developments
AXLINU aims to expand its ecosystem with:
- Enhanced Metaverse Integration: AXL will serve as a core token for future metaverse applications.
- NFT Marketplace: Users will be able to mint and trade NFTs using AXLINU tokens.
- Innovative Staking and Farming Strategies: Improving user rewards through dynamic staking pools.
Conclusion
AXLINU ($AXL) is a rapidly growing decentralized finance (DeFi) project that provides a range of financial services within its ecosystem. With strong tokenomics, continuous development, and an expanding ecosystem, AXLINU is poised to make a significant impact in the DeFi space. As adoption grows and new features are introduced, AXLINU has the potential to become a dominant player in the decentralized exchange market.
Disclaimer: Cryptocurrency investments carry risks. Always conduct thorough research before investing.
