Over the last 12 months, Axie Infinity has charted a massive yearly ROI of 28,880.21% v. USD. In fact, the surge of AXS better puts the surge of blockchain gaming in perspective. The asset’s daily active users (DAU) and marketplace volumes have noted a tremendous surge over time.
At this point in time, Axie Infinity has carved a niche for itself in the blockchain gaming space. And yet, its price action has been rather dull since early October.
AXS’s price has been oscillating between the $120 and $157-mark since 1 October, after rising by almost 138% in just over a week towards the end of September. Since then, however, Axie’s price, despite the blockchain gaming and Metaverse hype, has failed to make any major moves.
Curiously, Metaverse
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