$AXS As of October 17th, 2024, AXS (Axie Infinity Shards) is experiencing a bearish sentiment. The token has seen a decrease in trading volume, reflecting waning interest and market correction following earlier hype in the NFT and GameFi sectors. With competitors gaining traction and the overall crypto market exhibiting mixed signals, AXS struggles to maintain upward momentum.
However, this dip may also present buying opportunities for long-term holders if the broader gaming and metaverse ecosystem rebounds. For now, the market suggests caution for short-term investors, as AXS remains vulnerable to further corrections.
Overall, today's sentiment leans bearish as the token seeks stronger catalysts for recovery.
