• Axie Infinity (AXS) Price Increase
• Play2Earn (P2E) Gaming Sector Bullish for 2022
• Launch of “Origin” reimagined story of Axie Battles
• Will SLP have a Second Chance?
• Catecoin and the Catpay Competing with Axie Infinity

The price of Axie Infinity (AXS) is evolving to be bullish.  This probably is due to the overall improvement in the positive scope towards the Play2Earn (P2E) gaming sector in the cryptocurrency market.  The sentiment has been improving followed by the recent fame of Yuga Labs and the attraction of investors towards the Bored Ape Yacht Club.  The expectation is that the gaming sector in the cryptocurrency space will evolve to be a winner in 2022.

Axie Infinity bought to attention the earning potential of P2E games.  This in turn cultivated a liking for P2E gamers in the gaming community, particularly due to the potential to earn.  Axie Infinity are now preparing for their next major launch.  The price of AXS has increased by more than 56.5% thus creating a renewed bullish sentiment. Considering the market sentiment, trading volume and recent price movements AXS is doing particularly good.

Origin is all set to be launched by Axie Infinity and that is one reason for the positive sentiment. Reportedly, Origin is a completely reimagined version of the popular Axie Battles game. The new game mechanics is expected to improve the overall player experience.  The reimagined story provides for a deeper and immersive gaming experience. New-in-game items like runes and charms are also being included. These new items will be the power up for the gamers (Axies) to get the power of the new item’s players will have to burn their native SLP token.

With the news about Origin, there has been a 30% increase in investors buying the token obviously hoping for the price to go up with the potential of new rounds of wins with the reimagined version of the game. With the number of active addresses going up, investors are gaining new faith. The brand has a well-established social following; however, with new P2E games onboarding the cryptocurrency ecosystem gamers were getting diverted to other ecosystems.

Axie Infinity has announced some high-level changes to its inflationary economics. For those who do not know, Axie Infinity’s Smooth Love Potion [SLP] token is used to breed new Axies.  With the launch of Origin, if there will be a second chance for the success of SLP is something we will see in the days to come.

The chances for hype-based highs are rare. Also, competition is brewing between Catecoin and the Catpay project vs. Axie Infinity and SLP token. Surprising and difficult to deny introductions are happening in the NFT space. So, Axies are facing competition from “Cat players.”  The Rise of Cats NFT game is set to be launched on March 30, 2022.