Kayo's Thoughts

Writer – Chaos Business Lady

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Kayo

I write anything I thought.
I share what I knew.

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Thoughts

The Fall of Axie Infinity (AXS): Understanding the Price Crash

Axie Infinity, once a flagship project of the “play-to-earn” movement in blockchain gaming, has seen its token AXS collapse in price, from an all-time high of $164.90 in November 2021 to approximately $2.86 as of May 2025. This staggering 98% drop is more than just a reflection of shifting market trends; it is the culmination…