Axie Infinite, the golden child of the play-to-earn model has not had a great few month. AXS is nearly down 90% after hitting $172 in November of 2021. With player counts dropping, a large hack a few months ago and an overall crypto bear market, the token that runs the ecosystem has brought many gaming millionaires back to earth.
Some predict this token has a chance to bounce back as the team works to update the game, the mechanics and the financial system behind it, but many who thought that they were going to game their way to retirement, may need to start looking at other options in the short term.
Written by: WarBiscuitNFT
