Is Axie a dying game?

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.

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.

Are people still playing Axie?

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

Why Axie Infinity is dying?

However, it was not a full home run for Axie Infinity as the money value of SLP went down every single week last 2021. From its peak SLP value of 17 PHP, it went down to 0.21 PHP today. Due to this reason, most investors and players quit playing the game since it may not be worth their time and money.

What happened to Axie game?

The real problem with what happened to Axie Infinity is that the developers lost or changed their initial focus. The Crypto-winter and hacking scandal affected Vietnam-based developers Sky Mavis greatly. As a result, they created a new version of Axie Infinity based on the more traditional microtransaction model.

Is Axie Infinity Dead?

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.

Why did Axie 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.

Will Axie Infinity survive?

Currently, Axie Infinity is on its final season for version 2, which shall end on June 24, as duly announced by the team.

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.

Should i still buy Axie Infinity?

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

Is Axie still worth it 2023?

According to the technical analysis of Axie Infinity prices expected in 2023, the minimum price of AXS will be around $7.55. The maximum price that the AXS can reach is $18.34. Based on our Axie Infinity price prediction 2025, the price of AXS tokens is predicted to rise and reach $29.48 by the end of 2025.

Is it good to buy Axie now?

WalletInvestor says AXS is an “awesome long-term investment”. 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 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 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.

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).

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.

How much will Axie cost in 2025?

Axie Infinity price prediction May 2025: Axie Infinity's price for May 2025 according to our analysis should range between $20.74 to $23.86 and the average price of AXS should be around $22.30.

When Axie will end?

At that time, we will also consider moving SLP rewards from Classic to Origin.” Season 21 of Axie Infinity is looking like it will be the last before the developers go full bore on the release of Axie Infinity Origin. As noted, Season 21 of Axie Infinity is currently scheduled to last until Friday June 24th 2022.

Will SLP ever recover?

Overall, SLP and other Play-to-Earn tokens are heavily reliant on Macroeconomic liquidity. The only way they can recover is via better game quality or a significant increase in reward. At the moment, SLP is not a good investment.

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.

What will AXS price be in 2030?

Axie Infinity price prediction May 2030: Axie Infinity's price for May 2030 according to our analysis should range between $68.53 to $78.85 and the average price of AXS should be around $73.69.

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 Axie Infinity is unsustainable?

'” Axie Infinity co-founder Jeff Zirlin says the play-to-earn model is unsustainable because eventually a game will run out of new users expecting to make money.

Do people actually make money from Axie Infinity?

Players can earn between $10-50 a day while playing the game. Not surprisingly, the game has become a source of income for many players, especially in the Philippines. How to Earn Money Playing Axie Infinity? For most beginner players, farming and harvesting SLP is the starting point.