AMB Crypto
2023-01-21 02:30:59

Axie Infinity: Decoding if a spike in interaction can shift AXS’s trend

Axie Infinity active wallets resumed activities, but sentiment towards AXS became negative. AXS circulation, if further increased, could lead to short-term sell pressure. The crypto gaming sector, which includes Axie Infinity [AXS], rarely enjoyed a stellar performance during the 2022 market purge. But since the start of 2023, AXS seemed to have reversed the trend

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