Is Axie still alive?

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 alive?

In Conclusion. 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.

Will Axie recover?

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. Also, we can see that the current fed rates are also not in the favor of the crypto industry.

What is happening with Axie?

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 falling?

In 2022, Axie Infinity faced a huge fall in active platform users. After reaching an all-time high of 2.7 million active users in January 2022, the number fell to under 750,000 by the end of the year. After correcting to the current levels of $8.4, AXS may face a further downside to the $6 mark.

Is Axie Infinity Dead?

Is Axie still stable?

If you look at the charts of the last 1 year, you can see that the prices have fluctuated but they have more or less remained stable. In November 2021, the Axie Infinity prices touched the 165 USD mark. Axie Infinity has consistently been featured among the top ten NFT games.

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.

Should i buy Axie now?

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 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 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 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 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.

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 last long?

According to Wallet Investor's AXS price prediction, it is a bad long-term investment as the price in the next year may drop to $0.574. Whereas, according to our Axie Infinity forecast, the AXS price might begin an uptrend and cross $29.48 by the end of 2025, making it a good investment.

Will SLP go up in 2023?

Smooth Love Potion price prediction 2023: Smooth Love Potion's price for 2023 according to our analysis should range between $0.019 to $0.028 and the average price of SLP should be around $0.023.

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.

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.

Why is SLP so low?

The demand for SLP comes from breeding. It costs SLP to breed and that's the main way that SLP gets burned (taken out of circulation).

Can you make a living with Axie Infinity?

Each different strategy to earn crypto in Axie Infinity has a wide range of possible profits. Playing the game for many hours a day could earn you anywhere between $8 to $40 a day, depending on your Axies, how long you play and the extra incentives available at that time.

How much will Axie cost in 2023?

AXS Price Forecast 2023 by months

The TU analysts also expect moderate growth of Axie Infinity coin price. According to their forecast, AXS price can reach a range of $13.08 - $15.98 by the end of 2023.

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.

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 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.

Why Axie is dropping?

Unpacking the Axie Infinity downturn

The primary driving force behind the downfall of AXS likely revolves around fears that private investors will sell their holdings following today's scheduled unlock and distribution.

Why Axie is going down?

Though Axie Infinity was one of 2021's breakout crypto projects, it has since fallen on hard times. The reasons are myriad but could be linked to a failing tokenomic design and the recent $622 million hack of Axie Infinity's Ronin sidechain.