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 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.

Is Axie Infinity a good investment now?

The forecast for Axie Infinity price is quite positive. It is expected that AXS price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.

Are people still playing Axie Infinity?

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

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.

How NFT Game Axie Infinity Exploited Filipinos In Poverty And Put Them In Debt

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.

Will AXS 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. There is an even more positive AXS coin price prediction from Gov.

Will Axie be a dead game?

No, P2E or Axie Infinity is not dead, quite far from it. As you can see below, the user base on P2E games continues to increase. With time, this new way of managing game economies will evolve, go through iterations to get it right.

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 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.

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).

Will Axie ever go up?

Bullish Axie Infinity (AXS) price predictions range between $40.06 and $75.67 by 2030. Market analysts believe AXS could reach $31.16 by 2025.

What will replace Axie Infinity?

Battle. Collect. Earn.

The best alternatives to Axie Infinity are The Battle of Mars, PAY. GAME, and NFTs. If these 3 options don't work for you, we've listed a few more alternatives below.

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.

Can AXS go to $1000?

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.

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.

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 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.

Will Terra Luna Classic reach $1?

However, due to their high circulating supply, cryptocurrencies such as Terra Luna Classic struggle to maintain an uptrend as supply and demand dynamics are heavily impacted. Consequently, it may take some time for LUNC to reach $1 again in the near future.

Is Axie Infinity a bubble?

Short answer: no. Infinity minus infinity is indeterminate, and hence undefined. That's because subtraction is defined as the inverse of addition. We're asking what plus infinity is infinity.

Is AXS a buy or hold?

Axis Capital Holdings has a conensus rating of Hold which is based on 2 buy ratings, 2 hold ratings and 1 sell ratings. The average price target for Axis Capital Holdings is $68.50. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Why is AXS so much cheaper?

Relatively new and in price discovery: You may also argue that AXS is cheap because it is relatively new and, therefore, still in price discovery mode. It is yet to find its intrinsic value. This makes it vulnerable to even the slightest market scares.

Why is AXS more expensive?

That's because the ticket price – including the face value and the fees – is set by our clients (venues, promoters, event organizers, etc.). A portion of the fees collected goes to AXS, and the rest, including the entirety of the face value, goes to our clients.