In the realm of cryptocurrencies, particularly in the play-to-earn domain, one project that stood out amidst the 2021 bull run was none other than Axie Infinity (AXS), as many crypto experts have attested. AXS witnessed an extraordinary surge, surpassing even the most prominent cryptocurrencies in the market at that period, with its value soaring to a remarkable $165. However, what followed was an equally momentous decline, with the price plummeting to a mere $7, leaving its investors utterly astounded. Now, the question arises: what is the current state of affairs for AXS?
