An Ethereum (ETH)-based gaming altcoin surged this weekend ahead of a large token unlocking event, defying conventional trading wisdom. Axie Infinity (AXS) rallied from trading around $9.20 on Saturday to a high of $13.84 on Sunday, a more than 50% increase. AXS, the 41st-ranked crypto asset by market cap, has since partially retraced and is The post Ethereum-Based Gaming Altcoin Suddenly Erupts Ahead of $60,000,000 Token Unlock appeared first on The Daily Hodl .