Is Axie Infinity still working?

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.

Is it still good to play Axie Infinity?

While Axie Infinity remains the most prominent NFT-based game, its diminishing popularity paved way for players to explore other play-to-earn games, such as Fancy Birds, CyBall, and Thetan Arena, said Buenaventura. Generally, crypto market has weakened with less hype and fewer investors, said Buenaventura.

What's happening with Axie Infinity?

Conclusion. As it stands, Axie Infinity dropped from 2.3 million daily players a year ago to just 187,000 in January 2023. However, for those willing to look at things from a broader perspective, Axie can help pave the way for a better NFT mobile gaming experience in the future.

Is Axie playable now?

Follow these steps to play Axie Infinity on Android: Visit the official Axie Infinity website. Click on the Play Now option located in the top-right corner of the screen. Set up your Ronin Wallet by downloading the app.

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.

Axie Infinity Is It Still Worth to Play in 2023?

Is Axie gonna recover?

According to technical analysis, AXS tokens have been trading extremely bearishly. After hitting the ATH, the token corrected massively and reached a single-digit value. However, the future price of Axie Infinity (AXS) is expected to recover slowly and steadily.

Does Axie still have a future?

In the year 2028, Axie Infinity adoption will continue to rise, with regulators starting to accept that crypto is here to stay. Investors could see AXS reaching a maximum price of $53.80 by 2028 followed by a minimum price of $49.05. The average price for 2028 is expected to be $51.43.

Is Axie will shutdown?

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 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 SLP pump again?

It is for sure that SLP had a bullish increase in 2021 and at the beginning of 2022, so experts expect that it could reach $0.4002 by the end of the year. If we follow the current fast growth, it could easily go up to $0.1027 or even $0.5 although it is hard to achieve by the end of this year.

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.

Is it worth it to buy Axie now?

The market has dipped, which means axie has dipped so yes, right now is a good entry, when the market bounces back it should increase %20 in the short term.

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.

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.

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.

Why is axie tanking?

So, why's Axie Infinity's SLP crashing? The value of Axie Infinity's SLP fell from $0.40 last summer to around $0.01 last month. As a result, the volume of transactions of the game's assets is falling. So has the floor prices of Axie characters, implying that users are dumping their tokens.

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 2024?

Axie Infinity price prediction May 2024: Axie Infinity's price for May 2024 according to our analysis should range between $14.06 to $16.18 and the average price of AXS should be around $15.12.

Why is Axie so cheap?

Axie Infinity has a history of low per-token valuation, which started during its ICO when one AXS token was sold to institutional investors and regular traders for $0.8 and $0.1, respectively. The low price curse then followed it in the open markets when it ended its first day of trading, selling for $0.15.

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.

Will SLP recover in 2023?

As per our SLP price prediction, it can reach a maximum price level of $0.0094 by 2023. However, the average price of an SLP Coin can be around $0.0082. And if there is any bearish trend the minimum price of SLP Coin can be down up to $0.0048.