Why play Axie Infinity?

Axie Infinity is part of a new trend in gaming, called 'play-to-earn'. This trend allows users to combine a love of NFTs, cryptocurrency and nostalgic game-play. By playing the game, you can earn money from anywhere, for however long you choose.

Is Axie Infinity really worth it?

Yes, you should consider buying Axie Infinity because it has proven to be a good long-term investment.

Why Axie Infinity is good investment?

Earn Rewards

The key attraction of playing Axie Infinity is that players earn while they're entertained. Many users in the DeFi ecosystem credit Axie Infinity as the pioneers of the play-to-earn concept. Now, the game has switched to play and earn. Players earn $ASX, which they can exchange for other currencies.

Do people make money on 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.

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.

How To Start Playing Axie Infinity - Easy Beginners Set Up Tutorial!

Is Axie Infinity dying?

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 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.

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.

Will Axie Infinity 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.

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.

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.

Can you make a living with Axie?

With sudden popularity in June 2021, Axie Infinity became one of the most hit games built on blockchain. 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.

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 many hours can you play Axie in a day?

Not bad for a game that requires 2 - 3 hours a day to play. How to start playing Axie Infinity? If the upfront cost of getting three Axies is not an issue then you can follow the steps below to start playing the game.

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.

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.

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.

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.

Is Axie easy money?

Earning Money Through Playing Axie Infinity

The easiest way to earn some money on the game is to play the game regularly. Although the game looks aesthetically pleasing, you need to be strategically vigilant to be able to win battles, as taking this lightly might even result in losing your invested money.

How much income in Axie per day?

With sudden popularity in June 2021, Axie Infinity became one of the most hit games built on blockchain. Players can earn between $10-50 a day while playing the game.

How do Axie owners make money?

Axie Infinity requires that all new players purchase three monsters to get started. Since the cost can run into hundreds of dollars, Sky Mavis will lend players the monsters and collect a 30% interest fee once the player starts earning currency.

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.

Who benefits from Axie Infinity?

Axie Infinity has roughly 2.5 million gamers worldwide, according to Sky Mavis authorities. It's become well-known as a play-to-earn game that allows gamers in developing nations like the Philippines, Vietnam, and Brazil to earn real money.

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.