As Bitcoin remains stagnant below the death cross, Axie Infinity and its token #AXS surge this week as GameFi ignites and whales accumulate. GameFi tokens are recording double-digit gains this week, led by an impressive weekly increase of 131% in Axie Infinity and a very solid bounce in The Sandbox.

This is the kind of movement that reminds people why they got into cryptocurrencies. The AXS token has gone from complete irrelevance to suddenly becoming one of the hottest crypto assets in the entire market this week.