Ethereum-powered Ronin could be Axie Infinity’s next hope for gains
The rise of blockchain gaming and the Metaverse have quietly pumped not just Metaverse tokens, but the larger narrative too. In fact, the same was highlighted in a previous article as well. While the growing popularity of blockchain gaming tokens is noteworthy, Axie Infinity’s gains make other tokens’ rise look less so.
However, over the last week, Axie has more or less seen sideways movement after hitting an ATH $165.
AXS, after charting close to 320% gains over the last three months, was trading at $156.73 at the time of writing. While there isn’t much to worry about on the price front, the price movement seemed less dramatic with Axie noting merely 3.83% daily gains.
The altcoin, after recording a high yearly ROI of close to 110761%, has
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