AXIS
AXIS TokenAXIS

AXIS Token current price (AXIS)

$0.0225

41.77%
Trading Volume (24h)
$90,712.59

Market/Exchange

AXIS Price Prediction and Price Movement

AXIS has been down 22.86 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that AXIS's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if AXIS is backed by a solid development team and whether AXIS's technology has any potential to grow.

Please note that this analysis is purely base on AXIS's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.

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AXIS Token Price Chart

About AXIS Token

What is AXIS Token?

AXIS Token is a multi-purpose utility token fueling the industry-first LaneAxis Brokerless Direct Freight Network. The network targets the removal of $200 billion in managed freight brokerage fees in the U.S. (more than $2 trillion globally), as well as eliminating nearly 30 billion empty truck miles per year in America alone. The global supply chain is crippled by inefficiencies and old school logistics processes that the AXIS Token and blockchain platform is tackling head-on. AXIS Tokens represent the network's digital assets, which will be utilized for - among other things - building network connections, accessing network data, managing and monitoring real time shipments and milestones, establishing data-backed driver and carrier performance scores and risk assessment scores, and generating critical KPIs such as average loading and unloading times at shipping docks. Suppliers and insurance companies are also incentivized to participate in the network by utilizing AXIS Tokens to gain critical business insights. Additionally, AXIS Tokens can be used to acquire various services like decentralized lending, load matchmaking, spare capacity trading, access to insurance markets, and network advertising.

What Makes AXIS Unique?

AXIS Token solves real-world supply chain problems in an atypical way by employing blockchain’s decentralized nature to redefine how freight movements should operate. AXIS allows shippers and carriers to communicate and negotiate directly, removing freight brokers from the picture, and empowering the freight industry with actionable insights and automated processes from A-Z. In addition to its multitude of utilitarian uses, the AXIS Utility Token also serves as an API key to access the LaneAxis blockchain ecosystem.

On the token-holder side, AXIS owners can stake their tokens for a set period of time and earn a yield for their contribution. Creating a global community around LaneAxis’ Direct Freight Network will generate unparalleled liquidity for the AXIS token and expand its utility features for every supply chain participant. This way it has the potential to further branch into related areas such as retail and eCommerce.

Simply put, the AXIS Token and blockchain platform is singular in its ability to slash bloat and inefficiencies from freight movements, while injecting transparency, direct connectivity, and automation into this badly broken industry.