Quick Take Axie Infinity was a pioneer of play-to-earn gaming and became immensely popular last year. But indicators of popularity — the average cost of an Axie, total NFT sales and daily active users — have since plummeted. What happened?
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BTC/USD$ 97,995.26 1.24%
ETH/USD$ 3,431.72 4.43%
USDT/USD$ 1.00 0.06%
SOL/USD$ 256.81 1.41%
BNB/USD$ 658.93 5.76%
XRP/USD$ 1.49 4.33%
DOGE/USD$ 0.43148 7.08%
USDC/USD$ 1.00 0.08%
ADA/USD$ 1.06 9.58%
STETH/USD$ 3,429.76 4.31%
TRX/USD$ 0.214101 7.03%
AVAX/USD$ 42.16 7.77%
TON/USD$ 6.42 17.24%
SHIB/USD$ 0.000026 5.32%
XLM/USD$ 0.510161 58.88%
WSTETH/USD$ 4,060.58 3.78%
WBTC/USD$ 97,719.18 1.20%
DOT/USD$ 8.71 37.80%
LINK/USD$ 17.62 14.63%
BCH/USD$ 510.64 5.14%
WETH/USD$ 3,434.12 4.37%
SUI/USD$ 3.47 0.47%
PEPE/USD$ 0.000021 3.04%
LEO/USD$ 8.64 4.98%
NEAR/USD$ 6.21 9.94%
LTC/USD$ 99.22 9.52%
APT/USD$ 12.86 7.23%
UNI/USD$ 11.10 19.23%
WEETH/USD$ 3,609.64 4.19%
HBAR/USD$ 0.15551 12.74%
ICP/USD$ 11.49 12.13%
CRO/USD$ 0.199922 6.09%
USDS/USD$ 0.999532 0.97%
POL/USD$ 0.575659 21.48%
ETC/USD$ 30.12 8.21%
RENDER/USD$ 7.87 9.38%
KAS/USD$ 0.156255 4.81%
TAO/USD$ 519.26 6.23%
USDE/USD$ 1.00 0.02%
FET/USD$ 1.43 16.00%
BONK/USD$ 0.000049 1.17%
ARB/USD$ 0.871906 12.99%
WBT/USD$ 24.78 0.10%
DAI/USD$ 1.00 0.18%
VET/USD$ 0.041581 23.36%
OM/USD$ 3.70 2.73%
WIF/USD$ 3.32 7.70%
FIL/USD$ 5.49 16.96%
ATOM/USD$ 8.21 13.50%
STX/USD$ 2.09 7.93%