If the daily active users (DAU) of Axie Infinity, a leading GameFi project, decrease, its token price is likely to face downward pressure. Lower DAU may indicate reduced player engagement, leading to lower demand for Axie's native tokens, such as AXS and SLP. As a result, investors might sell off their tokens due to diminished confidence in the game's growth prospects. Additionally, with less activity, the in-game economy may shrink, further reducing the utility of the tokens. However, market sentiment, upcoming updates, or strategic moves by the Axie team could help counterbalance this negative trend.
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A deep breath of fresh air makes everything feel right again.
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The old wooden door creaked as it opened.
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