Is Axie Infinity(AXS) Attempting a Bounce Back?

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Axie Infinity is expanding its offers by focusing more on the metaverse, building on its success in the play-to-earn market.  The blockchain project now offers a metaverse project available for purchase, which includes digital land and developments.

It recently launched its new Origin product, which focuses on blockchain-based games. It appears like Axie Infinity is motivated to build on its early success, which could be a positive for AXS's future. As the Axie Infinity network grows, more utility will allow the cryptocurrency to leverage value.

The coin was trading at $21.12 at the time of writing, down 8.17% in the previous 24 hours. In the previous two weeks, it has seen a significant spike in volume.