Axie Infinity’s AXS price spikes as unique wallets soar: is it a buy?
Axie Infinity’s token jumped as the number of unique wallets jumped. The UAW rose by more than 77% to 24.3k in the past 24 hours. They are still down by over 11% in the past 30 days. Axie Infinity (AXS) price popped on Thursday and then pulled back. It jumped to a high of $5.13 and retreated to a low of $4.61. In all, the coin has dropped by more than 96% from the highest level on record. Axie Infinity users falling Axie Infinity is one of the biggest players in the blockchain gaming industry in the world. The developers created a platform where people can play games and then win rewards through the Smooth Love Potion (SLP) coin. At its peak, Axie Infinity had hundreds of thousands of users who played for both fun and money. Recently, however, the platform has lost thousands of users as demand for these games wane. Data by DappRadar shows that the number of Unique Active Wallets (UAW) in Axie Infinity dropped by more than 10% in the p...