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Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks -Breaking

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Axie Infinity: AXS prices tumble 30% in just two weeks, despite no buyers for Axie Infinity

Axie infinity (AXSThe ) Price has dropped by 30% in the two weeks following. 625 millions in lossesA hacking attack on its blockchain-based play-to-earn platform, The Ronin Network, led to the company’s loss.

On Monday, it fell to $46.69, its lowest point since March 16. This signaled a decrease in buying sentiment by investors and traders following the hacking incident.

Chart of demand for the AXS/USD Daily Price. TradingView
Daily price chart for AXS/USD with a ‘golden Cross’ TradingView
Four-hour AXS/USD price chart with ‘falling wedge’ setup TradingView
AXS/USD weekly price chart featuring H&S breakout. TradingView