The launch of Axie Infinity Origin, a free-to-play card battle, was a highly anticipated event in the community. The launch of Origin has fueled demand for metaverse coins among investors.
Axie Infinity poised to break and resume its uptrend
Axie Infinity (AXS) price is on track to recover from recent pullback as project Origin announces launch. The community has waited weeks for Origin’s launch as it gives players free access to card battles.
Origin’s launch last week made active users of Axie Infinity increased significantly to 413,589. Earlier today, the team behind Axie Infinity crafted one of the greatest fighting cards in NFT gaming history. With 24-hour live streaming in 12 different languages and professionally crafted esports games, Origin is packed with events to attract users from the community.
Launch of Origin, a landmark for the metaverse coin
In the ongoing investigation of the $600 million attack on the Ronin network, US officials have identified North Korean hackers as the responsible party. Analysts have evaluated the Axie Infinity price trend and believe the long-term bullish predictions are valid. “P2Edaily,” a crypto analyst and investor, believes the long-term bullish projection for Axie Infinity is still valid and unshakable. The analyst identifies a bullish signal on the Axie Infinity chart, similar to the Bitcoin price chart in 2018-19.
The next target for the Axie Infinity price is $60.46, according to the analyst.
What happened in the Ronin hack attack?
As we covered on Kriptokoin.com news, in late March, Ronin, an Ethereum side chain built for the popular, win-to-play game Axie Infinity, released 173,600 Ethereum (ETH) and 25.5 million dollars worth of over $600 million. Hacked for USD Coin (USDC). Ronin bridge breach confirmed by Sky Mavis, developers of popular P2E game:
Sky Mavis had made a similar promise after the exploit, claiming that it would provide refunds to affected users even if the lost funds were not recovered. On April 6, the developers of the popular game raised $150 million led by crypto exchange Binance and other investors.
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