How popular is Axie Infinity?

Axie Infinity is starting 2023 on the right track, as the P2E game's active users recorded a 59% rise. According to recent data, Axie Infinity's sales volume also rose by a whopping 214% in January. This promising data suggests that Play-to-Earn games might become popular again after a tragic downfall in 2022!

Is Axie Infinity losing popularity?

Popular blockchain-based online video game Axie Infinity (AXS) has reported a major loss of players over the past months. At about 701,000 average monthly unique players for the past 30 days, the game's popularity decreased below the level reported for January 2021.

Is Axie Infinity a good investment?

Axie Infinity Historical

In the past 24 hours, the crypto has increased by $0.30 in its current value. For the last 7 days, AXS has been in a good upward trend, thus increasing by 6.48%. Axie Infinity has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.

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 closing?

As planned, Sky Mavis, the studio behind the ever-popular P2E Web3 game Axie Infinity, has announced that it will be closing the 'Classic' version of the game (a.k.a. Axie Infinity V2) once Season 21 ends on June 24th.

What is Axie Infinity? SLP + AXS explained with Animations

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.

Can Axie Infinity reach $100?

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 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.

Does Axie Infinity have a future?

Axie Infinity has amazing potential over the next few years as acceptance for cryptocurrency increases. Our market forecast indicates that by 2030, AXS could reach a new all-time high of $85.51.

Which country is Axie Infinity most popular?

Axie Infinity player share, by leading country 2022

In 2022, players from the Philippines accounted for over 40 percent of Axie Infinity's total number of players.

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.

Can Axie Infinity reach $1000 dollars?

Axie Infinity's number of monthly active players is reported to be 680,144, in comparison to 200,000 players in the case of Sandbox. So, will Axie Infinity reach $1000? Certainly, yes, but not sooner.

How much will AXS coin cost in 2025?

Axie Infinity (AXS) price is expected to reach $31.76 by 2025.

Will Axie be long term?

It will be very difficult to become rich in ten years by playing Axie Infinity. Most players may not even have the patience to play the game for several years. But when it comes to investing, you can make some significant investment in the token and wait for ten years before cashing in.

How much will Axie Infinity cost in 2027?

How much will Axie Infinity be worth in 2027? According to the Axie Infinity Price Prediction model above, AXS's price in 2027 would be $26.74.

How much is Axie to usd?

The live Axie Infinity price today is $9.95 USD with a 24-hour trading volume of $407.14 USD.

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.

Why is Axie Infinity tanking?

Axie Infinity (AXS) token is down 21.6% in the past week, and 34.3% in the past month marking a difficult period for the token. One of the major contributors to this decline is that millions of vested tokens are about to become unlocked, sparking fears that the tokens will be dumped on the market.

Can AXS reach $1,000?

Yes, it is highly likely that AXS token price will eventually reach $1000. The majority of analysts are convinced that AXS has all it needs to grow its value to this target, and though they differ on its growth rate, it is clear that they expect it to get here before 2030.

What is the highest price AXS has ever been?

The current price is $8.56 per AXS. Axie Infinity is 94.82% below the all time high of $165.37. The current circulating supply is 115,949,113.042 AXS.

What will be the price of AXS in 2050?

Axie Infinity (AXS) Price Prediction 2050

The maximum price is expected to be trading around $2514.63.

How much can you sell an Axie for?

Based on information from Coinecko.com, the base price for one Axie is around 0.15 ETH (USD 285). In addition, to purchase an Axie, you also need ETH assets in your Ronin wallet.

Are people still playing Axie?

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