it seems the P2E gaming is kinda short lived, right now most gaming coins are having its value decreased significantly, moreover less and less users are using the game and earning the rewards, right now the corrections one after the other just making things worse that if the valuation for these gaming coins in general isn't getting better I think it could gets abandoned by its users for real, like axie infinity which already losing big shares of it valuation.
Considering that we are still in bear season, P2E drop or any trend is not something to be surprised, p2e will die or continue to exist, we should wait until the next bull season to confirm everything. Today, there are still many p2e projects that are in the development stage and are invested by large funds, so it can be seen that the p2e industry still has a chance to develop again. Right now, people are not too excited about it because people are only focusing on top coins to reduce risk during bear season, but when the bull season returns and p2e is still generating hype, people will continue to participate in it, all for the sake of profit.