Can you still make money with Axie?

With sudden popularity in June 2021, Axie Infinity became one of the most hit games built on blockchain. Players can earn between $10-50 a day while playing the game.

Is Axie still profitable 2023?

Whilst the platform does have AXS up by 16% over the summer, with a trading price of $53.91, that price is expected to drop to just over $40 at the end of the year. However, AXS is expected to grow significantly in 2023 and is predicted to be up by around 80% by December.

Is Axie Infinity still worth investing?

Yes, you should consider investing in Axie Infinity in 2023 because the token has proven to be a reliable long-term investment.

Is Axie Infinity no longer profitable?

By November, the research firm Naavik reported that average earnings for Axie scholars had dropped below the Philippines' minimum wage. By spring 2022, the bottom had fallen out of the crypto market, making playing the game nearly worthless.

Is investing in Axie Infinity too late?

The answer is no. Just be careful what Axie you buy and then be prepared to put the time into the game to learn the cards and battle.

Is Axie Infinity Play To Earn Game Still Good In 2023? | Tagalog

What will Axie Infinity crypto be worth on 2025?

By 2025, our price prediction forecasts that Axie Infinity (AXS) could be worth $41.62.

Will Axie Infinity still go up?

Axie Infinity price prediction 2026: Axie Infinity's price for 2026 according to our analysis should range between $17.67 to $26.50 and the average price of AXS should be around $22.09.

Is Axie Infinity dying?

Axie Infinity received its Origin update and Sky Mavis continues to support the game. As a game, it is unlikely that Axie Infinity will die out anytime soon.

Will Axie last long?

According to Wallet Investor's AXS price prediction, it is a bad long-term investment as the price in the next year may drop to $0.574. Whereas, according to our Axie Infinity forecast, the AXS price might begin an uptrend and cross $29.48 by the end of 2025, making it a good investment.

Is Axie Infinity declining?

Active players decline

However, despite these rising metrics, Axie Infinity had been losing players throughout the months, as evidenced by the number of gamers actively playing the game, per activeplayers.io. The statistic revealed that since February 2022, there had been thousands of losses.

Will Axie Infinity reach $100?

Its Axie Infinity price prediction for 2022 expects it to reach $55 in a year. The site's Axie Infinity price prediction for 2025 is for the coin to surge above $100. The momentum is expected to continue, and in five years' time could be worth $207.

Are people still playing Axie?

There are about 254,727 people actively playing Axie Infinity everyday.

Why did Axie Infinity fail?

But to make money off of Axie's in-game token, players needed new gamers to join because new gamers had to buy Axie characters, a non-fungible token. When the gamer flow slowed, the token's price collapsed, and so did a player's earnings. It was like going from $15 an hour to $1.50.

Will Axie ever recover?

Therefore, Axie has a good scope for growth in the future. Thus, Axie Infinity has a huge potential to bounce back. But, as the macroeconomic and liquidity factors are not much in favor of the crypto industry, AXS's price might not get back to the pre-covid levels.

Will Axie Infinity reach $1000?

As the Axie Infinity Coin pumped massively in recent years many crypto traders are curious to know whether the Axie Infinity token can touch $1000 or not. As per our Axie Infinity Coin price prediction, the Axie Infinity Coin is going to hit a $1000 cap in the next decade. Most probably in between 2035-40.

How much will axie cost in 2023?

AXS Price Forecast 2023 by months

The TU analysts also expect moderate growth of Axie Infinity coin price. According to their forecast, AXS price can reach a range of $13.08 - $15.98 by the end of 2023.

Does SLP still have a chance?

If the upward trend continues until 2025, it could reach $0.009123 and SLP may profit. If the market experiences a decline, the goal may not be met. SLP is expected to trade at an average price of $0.008341 and a low of $0.00782 in 2025.

Is Axie in trouble?

The crypto game , Axie Infinity , was all the rage in 2021, but its returns are slowly diminishing. According to analytics firm Naavik, Axie Infinity has an inflation problem on its hands with players cashing out rather than putting their money back into the game.

Did Axie Infinity get scammed?

NFT-based battler Axie Infinity just suffered a major hack

The gaming-focused blockchain Ronin Network announced earlier today that an Axie Infinity exploit allowed a hacker to “drain” roughly $600 million worth of crypto currency from the network.

Why are Axies so cheap now?

It is yet to find its intrinsic value. This makes it vulnerable to even the slightest market scares. In an ongoing market crash, for instance, not even its growing number of daily active users or innovative developments on the Axie Infinity ecosystem could save it from downtrending BTC prices.

What is the top 1 price in Axie?

Axie Infinity's price today is US$7.29, with a 24-hour trading volume of $62.7 M. AXS is -5.02% in the last 24 hours. It is currently -19.72% from its 7-day all-time high of $9.08, and 5.93% from its 7-day all-time low of $6.88. AXS has a circulating supply of 113.92 M AXS and a max supply of 270 M AXS.

Will I lose money in Axie?

You will definitely lose your Axie Infinity investment if you trade recklessly.