AXS has fallen to -98.6% from its 2021 ATH, falling even further --- while you shouldn't expect this rise to happen because it's impossible for me to believe in this token.
Besides, the Axie Infinity game is now outdated and no longer hyped, so it's likely that many communities have left this project, including the game itself. Therefore, look for other altcoins that have more potential rather than expecting this one to rise.
Right, we are no longer in the 2020-2021 era wherein Axie was one of the biggest hit in that bull run. Many people even those who don't deal with crypto but just wanted to make money, even old generation in our province used to play and make profits during the pandemic.
But that's it, another vicious cycle in crypto. If you are no longer the hype then your project is going to be dead. And as I have said, this is a cycle, and we have seen this in the past. So sorry for those who think that they can still revived Axie.
Let it rest and then invest on the next hype, simply as that.