Axie had huge hype before crashing. Can it revive with new updates and bring AXS price up?
Money tend to go to the hyped up new coins, so I doubt.
Have you seen the trend where big volume big FDV coin are the one getting the pump like ethereum? Axie and its web3 gaming narrative is kind of dying in my opinion. Won't attract that much attention from the market to make the price pump.
Even the chart shows stagnating price after its peak hype which happen a cycle ago.