Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks

2022.04.11 16:41

Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks

Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform’s underlying blockchain, the Ronin Network.

AXS/USD dropped to $46.69 on Monday, its lowest level since March 16, signaling a dampening buying sentiment among traders and investors following the hacking incident.

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