Does Axie still worth it?

Yes, you should consider buying Axie Infinity because it has proven to be a good long-term investment. It has not only performed exemplarily well in the past, but analysts and investors are convinced that it will sustain this uptrend in the foreseeable future.

Is Axie Infinity worth playing now?

There is no doubt that monthly Axie earnings are far lower than they once were, but if you have continued to play every day since June, you have already received your investment money back.

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.

Can Axie 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.

Is Axie good for long term?

One coin which has benefited from this is Axie infinity, rising 39,000% since its inception in 2020 and continuing to be a popular altcoin in 2022 due to its connection to the NFT industry. If you want to gain a stake in this high-growth market, then Axie Infinity could prove the perfect investment to do so.

Axie Infinity Is It Still Worth to Play in 2023?

Will Axie Infinity end?

Season 21 of Axie Infinity is now live. But in a surprising announcement on Twitter and Discord, the Sky Mavis team says this will be the final season for Axie Infinity Classic.

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.

Is Axie Infinity on the decline?

After peaking at over 2.7 million players in January this year, Axie Infinity's popularity has tumbled precipitously and now has fewer than 750,000 active players.

Is Axie Infinity in trouble?

By spring 2022, the bottom had fallen out of the crypto market, making playing the game nearly worthless. While Axie Infinity boasted over 2.7 million daily active users last November, only 760,000 are still active, according to one tracker.

Has Axie Infinity peaked?

The non-fungible token-based online video game Axie Infinity once had millions of monthly players, with a peak of 2.78 million in Jan. 2022, according to activeplayer.io statistics.

Where will Axie be in 5 years?

The average price of Axie Infinity could exceed $12.69 this year. Within the next 5 years, the price of AXS is expected to rise above $57.54.

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.

Is Axie Infinity worth investing?

Another reason the Axie infinity coin is worth investing in is the ability of players to stake AXS coins. Staking Axie Infinity has the potential to cause a significant increase in your investments. Axie Infinity players will earn cryptocurrency as they progress through the game and begin to stake their coins.

Is Axie Infinity worth it 2023?

According to the technical analysis of Axie Infinity prices expected in 2023, the minimum price of AXS will be around $6.15. The maximum price that the AXS can reach is $18.70. Based on our Axie Infinity price prediction 2025, the price of AXS token is predicted to rise and reach $34 by the end of 2025.

What is the downside of Axie Infinity?

SLP Volatility

The game is based on cryptocurrency and ALL crypto markets are volatile. It can rise and fall in ways that you wouldn't expect. Plan for this volatility if you plan to stay for a long time in Axie Infinity. Make sure you can pull your assets out at any time.

Does AXS have future?

According to our current Axie Infinity price prediction, the value of Axie Infinity is predicted to rise by 10.86% and reach $ 9.24 by March 22, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 51 (Neutral).

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.

What is the highest axie sold?

The Mystic Axie has sold for 300 ETH, or currently 1.1 million USD.

How much is 1 Axie worth?

Axie Infinity Markets

The current price of Axie Infinity is ₱447.43 per AXS. With a circulating supply of 115,948,809.118 AXS, it means that Axie Infinity has a total market cap of ₱51,878,831,531.37. The amount of Axie Infinity traded has risen by ₱257,697,964.22 in the last 24 hours, which is a 11.82% increase.

Why are Axie so expensive?

The price of Axie Infinity (AXS) is primarily determined by the demand for the game's virtual assets. In other words, the price of AXS is driven by how much people are willing to pay for in-game items. As such, the high price of AXS is simply a reflection of the strong demand for the game's virtual assets.