Why axie is down now?

Why Are Axie Infinity Servers Down? One of the most common reasons for the Axie Infinity server issues stems from server maintenance. Axie Infinity is still technically in its Alpha phase, with its developers Sky Mavis rolling out new updates pretty frequently.

Why is Axie price going down?

On 7 November 2021, the price reached an all-time high of $160.36, but it has since fallen after new research revealed that the Axie Infinity game may be losing its user base. According to PlayerCount, 41% of Axie Infinity players are based in the Philippines.

Why Axie Infinity is falling?

Axie Infinity fell short as other dApps attracted more users. The token might be undervalued, but whales seemed uninterested.

Is Axie falling down?

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.

What is happening to Axie now?

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 Axie Infinity Dead?

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.

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.

Will Axie rise again?

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 $57.01 by 2028 followed by a minimum price of $51.98. The average price for 2028 is expected to be $54.50.

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.

Will Axie Infinity end?

Season 21 of Axie Infinity is now live. But in a surprising announcement on Twitter and Discord, the Sky Mavis team says this will be the final season for Axie Infinity Classic.

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 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 now a good time to invest Axie Infinity?

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.

Is it possible for SLP to rise again?

According to our projections, SLP will be green in 2026. The SLP is expected to reach and surpass its all-time high in 2026.

Why is AXS so low?

After September 2022, sellers took back the market pushing the token below its primary support and forcing the token to make its new 52-week low near the end of 2022. This indicates that the token was mostly dominated by the bears in 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.

Is Axie Infinity losing players?

Popular blockchain-based online video game Axie Infinity (AXS) has reported a major loss of players over the past months.

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 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.

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.

Can Axie reach $1000?

If you're looking for the $1000 target in short term, there is no signal that the Axie Infinity Coin can reach $1000 at least in this decade. However, in the crypto market, nothing is impossible.

Will Axie price 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.

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).

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.

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.