Axie infinity price prediction: Future of AXS?

BitDane

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Quote from: blockman on November 17, 2022, 06:22:53 PM

Only time knows when. There could be a chance but it couldn't happen. But if it happens, I'll be happy to see that because I'm still hoping on and holding thousands of SLPs in my wallet.
And I just want to see the surge again for Axie prices so that I can sell them and at least get a portion of my investment there. I'm in total loss there but that's okay, I've already accepted the fate of my investments on this project so, whether I recover or not, that's okay and I've already accepted that fact.

You can also try to buy SLP at its current price. It is too cheap considering its ATH. I am also positive that SLP will recover if the market become bullish. We all know that when Bitcoin rallies almost all altcoins also rally. It is best time to buy SLP today if you have plan to because it is already on its bottom. But of course we should always do our own research and check the condition of the market and the project's future plan. From the looks of it, Axie Infinity developers are in for a long haul.

BitcoinPanther

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Quote from: GreatArkansas on November 17, 2022, 09:10:45 PM

Quote from: ryzaadit on November 11, 2022, 03:14:02 PM

Is dead bro.

They take a really long, and not even solved the burning mechanism problem a few years ago. Now is dead, the community is leave because the disappointed (I also one of their community who are leaving form AXS).

Just don't really like it for a long solved problem from them especially the burning mechanism.

One of the best examples of hype. We all know how Axie Infinity boomed when the NFT or Play-2-Earn (P2E) started, Axie Infinity lead the hype for me. But after that, it was like a ticking bomb when they started to have issues with their economics plus the cryptocurrency market started to tank too.
So for me, they have problem with their economics + a lot of hacks happened also on their Ronin Network chain which is very difficult for people now to trust their network again.

Not just a normal hype but overly hyped with exaggerated calculation of returns. Streamers thought that the market will at least stay as it is, so they often exaggerate their Axie streams. Even create a video of two elderly getting their support fund from playing Axie infinity.

Definitely the Axie developer does not calculate the economic side of the game. They have no plan B or fail safe mechanism. The performance of Axie infnity is almost the same as Ponzi Scheme where the earlier people will get payed by the next investors and so on. Just like Ponzi scheme, when the network is too huge for the incoming investors to carry, the system will collapse.

GreatArkansas

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Quote from: ryzaadit on November 11, 2022, 03:14:02 PM

Is dead bro.

They take a really long, and not even solved the burning mechanism problem a few years ago. Now is dead, the community is leave because the disappointed (I also one of their community who are leaving form AXS).

Just don't really like it for a long solved problem from them especially the burning mechanism.

One of the best examples of hype. We all know how Axie Infinity boomed when the NFT or Play-2-Earn (P2E) started, Axie Infinity lead the hype for me. But after that, it was like a ticking bomb when they started to have issues with their economics plus the cryptocurrency market started to tank too.
So for me, they have problem with their economics + a lot of hacks happened also on their Ronin Network chain which is very difficult for people now to trust their network again.

blockman

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Quote from: BitDane on November 17, 2022, 06:16:44 PM

Quote from: blockman on November 17, 2022, 05:56:54 PM

It's really unlike it to go up again. The infinite supply of SLP made real inflation and a decrease in the popularity of the game. Well, this is what we humans are for.
When something is beneficial and profitable, we're there but it's not really a sustainable model so, there has to come to solutions that will only benefit the developers at first and also the early adopters. Sad to say that, I was one of the optimistic folks on this game and its tokens before but not anymore today.

I think there is still a chance for SLP to go up but it will probably take a long time. Right now there is a decrease of SLP production, then SLP burn is also implemented, although the effect won't be noticeable right now, it will have a huge effect if done regularly in a long period of time. Also, I believe there will be times that whales will pump the price so we should be at a look out at that incident if we plan to sell our SLP holding when it pump.

Only time knows when. There could be a chance but it couldn't happen. But if it happens, I'll be happy to see that because I'm still hoping on and holding thousands of SLPs in my wallet.
And I just want to see the surge again for Axie prices so that I can sell them and at least get a portion of my investment there. I'm in total loss there but that's okay, I've already accepted the fate of my investments on this project so, whether I recover or not, that's okay and I've already accepted that fact.

BitDane

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Quote from: blockman on November 17, 2022, 05:56:54 PM

Quote from: o48o on November 17, 2022, 05:52:42 PM

I skipped it long ago when some youtube influencers saw that infinite money making game and did calculations of how much they would gain in a year if they bought enough. That sounded so stupid and was an insult to any research skills so i skipped the whole game.

I didn't see any more point for it when it started as i do now. Granted that early adopters made money while i was waiting for gods unchained to start so i might be a little bitter but i had a change to invest to it and i can't get my head around it why that was so popular. Then again people like stupid and simple things so in hindsight, why not.

What it comes to price. I wouldn't count on it never going up again. Too many dissapointed people and reputation of a failed project.

It's really unlike it to go up again. The infinite supply of SLP made real inflation and a decrease in the popularity of the game. Well, this is what we humans are for.
When something is beneficial and profitable, we're there but it's not really a sustainable model so, there has to come to solutions that will only benefit the developers at first and also the early adopters. Sad to say that, I was one of the optimistic folks on this game and its tokens before but not anymore today.

I think there is still a chance for SLP to go up but it will probably take a long time. Right now there is a decrease of SLP production, then SLP burn is also implemented, although the effect won't be noticeable right now, it will have a huge effect if done regularly in a long period of time. Also, I believe there will be times that whales will pump the price so we should be at a look out at that incident if we plan to sell our SLP holding when it pump.

blockman

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Quote from: o48o on November 17, 2022, 05:52:42 PM

I skipped it long ago when some youtube influencers saw that infinite money making game and did calculations of how much they would gain in a year if they bought enough. That sounded so stupid and was an insult to any research skills so i skipped the whole game.

I didn't see any more point for it when it started as i do now. Granted that early adopters made money while i was waiting for gods unchained to start so i might be a little bitter but i had a change to invest to it and i can't get my head around it why that was so popular. Then again people like stupid and simple things so in hindsight, why not.

What it comes to price. I wouldn't count on it never going up again. Too many dissapointed people and reputation of a failed project.

It's really unlike it to go up again. The infinite supply of SLP made real inflation and a decrease in the popularity of the game. Well, this is what we humans are for.
When something is beneficial and profitable, we're there but it's not really a sustainable model so, there has to come to solutions that will only benefit the developers at first and also the early adopters. Sad to say that, I was one of the optimistic folks on this game and its tokens before but not anymore today.

o48o

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I skipped it long ago when some youtube influencers saw that infinite money making game and did calculations of how much they would gain in a year if they bought enough. That sounded so stupid and was an insult to any research skills so i skipped the whole game.

I didn't see any more point for it when it started as i do now. Granted that early adopters made money while i was waiting for gods unchained to start so i might be a little bitter but i had a change to invest to it and i can't get my head around it why that was so popular. Then again people like stupid and simple things so in hindsight, why not.

What it comes to price. I wouldn't count on it never going up again. Too many dissapointed people and reputation of a failed project.

crzy

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Quote from: babygun on November 17, 2022, 02:42:29 PM

Quote from: ryzaadit on November 11, 2022, 03:14:02 PM

Is dead bro.

They take a really long, and not even solved the burning mechanism problem a few years ago. Now is dead, the community is leave because the disappointed (I also one of their community who are leaving form AXS).

Just don't really like it for a long solved problem from them especially the burning mechanism.

I agree; a while ago, they were the hottest blockchain game around but that was a temporary hype. Investing in this, would not bring any profit on the contrary… When you get in early in projects like this, you can make some profit but it has no use to invest in it right now.

This is the sad reality with Axie, its not a play to earn anymore its more on investing now and buying it right now is not worth it anymore. Though the hype might still happen next bull run and Axie might benefit on that. If there’s no good update and no profit when you play, Axie will not survive they should continue to address this and bring back the play to earn system, many are trap on Axie hoping for a big miracle.

BitcoinPanther

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The price of AXS relies heavily on its game. Although they plan to make the Mavis app a hub to different games, I do not think it will take effect asap. Aside from that, the main pumper of AXS is Axie infinity. and right now it already losses majority of its player for certain reasons. The game used to be a good source of income reason why many had flocked in to the gamin injecting billions of dollar but sadly most of these people gone bankrupt and lost a lot when the SLP price starts to collapse. And then when the gameplay where people got income was removed.

Quote from: babygun on November 17, 2022, 02:42:29 PM

Quote from: ryzaadit on November 11, 2022, 03:14:02 PM

Is dead bro.

They take a really long, and not even solved the burning mechanism problem a few years ago. Now is dead, the community is leave because the disappointed (I also one of their community who are leaving form AXS).

Just don't really like it for a long solved problem from them especially the burning mechanism.

I agree; a while ago, they were the hottest blockchain game around but that was a temporary hype. Investing in this, would not bring any profit on the contrary… When you get in early in projects like this, you can make some profit but it has no use to invest in it right now.

The decision of the DEV to sacrifice the earning opportunity backed fire since they lost tons of supporters and players. Instead of thinking ways to make another source of funds that will support the market (not their pocket), they sacrifice the investors way of getting ROI. Well, it is the easiest way out.

babygun

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Quote from: ryzaadit on November 11, 2022, 03:14:02 PM

Is dead bro.

They take a really long, and not even solved the burning mechanism problem a few years ago. Now is dead, the community is leave because the disappointed (I also one of their community who are leaving form AXS).

Just don't really like it for a long solved problem from them especially the burning mechanism.

I agree; a while ago, they were the hottest blockchain game around but that was a temporary hype. Investing in this, would not bring any profit on the contrary… When you get in early in projects like this, you can make some profit but it has no use to invest in it right now.

uneng

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Quote from: abel1337 on November 17, 2022, 12:52:16 PM

I'm a old investor in axie infinity, I lost some money from not selling my assets and their ingame token SLP during their hype. But totally, My total run with axie infinity generate me profit. I still have about a 100 axies in my account left and disposing them is just a waste that's why I still keep them. I still believe in sky mavis team on improving their product and I still am a believer of them. Play 2 Earn madness is now gone but I believe that the Play 2 earn trend will repeat itself given that there are still outstanding triple a play to earn games that is still on development right now. I personally give sky mavis a chance by holding my assets because I believe that Axie will rise again along with the triple A games that I've seen.

I've also kept my axies' team, although I have only 3, plus 3000 SLPs because I also think it's a waste to sell it to profit just 30$ bucks. All we have from developers are promises of a future which hasn't come to Axie Infinity. I don't know if it's their own fault by not improving the environment for players in an efficient way or if it's a general crypto market issue, due to the bearish season. The truth is that I'm not optimistic anymore regards this game and it's not solely because the crashed market I'm thinking like this...

In my opinion it was a terrible idea to focus only in PVP mode, because most players prefer solo or adventure mode, especially in pay to win games where you can't compete against wealthy players. What Sky Mavis did (removing SLP from adventure mode) discouraged lots of people from playing.

abel1337

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I'm a old investor in axie infinity, I lost some money from not selling my assets and their ingame token SLP during their hype. But totally, My total run with axie infinity generate me profit. I still have about a 100 axies in my account left and disposing them is just a waste that's why I still keep them. I still believe in sky mavis team on improving their product and I still am a believer of them. Play 2 Earn madness is now gone but I believe that the Play 2 earn trend will repeat itself given that there are still outstanding triple a play to earn games that is still on development right now. I personally give sky mavis a chance by holding my assets because I believe that Axie will rise again along with the triple A games that I've seen.

virasisog

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To be honest, I don't see a hood future on Axie infinity anymore. Due to mismanagement, the developers weren't able to control the oversupply of coins which caused its price to continuously dropdown. There are still lots of holders of these coins believing that Axs as well as SLP would still recover so when there would be a little pump, it will definitely drop down right away.
Those who are chasing their losses on these coins better move forward and look for better opportunities to earn.

asriloni

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The era for play to earn already gone. What's still remaining is only token that being grinded in daily basis by so many sockpuppets accounts owned by a few entities. This company axie doesn't have any future. I have seen the release of new game for land owner. it seems like that was just another BS from axie infinity. The economic condition of company was so bad and the ROI was very long to get.

SLP minted got decreased caused by the demand has been dropping so hard from its peak at the middle of 2021. Giving revamp to the game will not help it a lot as the mistake already made since the creation of unlimited token like SLP.
The situation become even worst since some crucial incidents happened with axie last year.

I have axie bought around a few hundreds USD and this time it's worth pennies lol.

Wexnident

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They failed at limiting users to one account (there are bypasses around the system they made so..), and they failed at controlling the economy so that even if millions of players came in, prices would remain relatively stable in the long run (even if sudden dips happen). The most the market would've been involved with was when changes happened to the in-game mechanics such as skills, lands, etc. It was healthy at its initial release imo, but with the sudden influx of a lot of players, everything just went to ruin after that initial hype.

It is rather hard imo to manage the economy of the game so that it can last to a stable run though. It's understandable in a sense as to why Axie failed in doing so.

shinratensei_

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The main concern must not be AXS caused by this has not become the main attention in the Axie but it must be SLP which has become the main play to earn token being rewarded to the players.
I think that the future for this project doesn't look good at all. SLP dumped so hard and this will never recover. People who have been grinding SLP keeps to dumping it even deeper than before. The crash happened with crypto market has been creating very bad impact to the SLP.
The revenue received by the company was also decreasing so hard while it's still in debt to reimburse the funds that got hacked by hackers.

There are lots of things to do by this company to recover its token from the unhealthy situation. Axie now is not like last year. The hype has gone and this time only small amounts of players remaining compared with last year when this got so much hype

tabas

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Quote from: el kaka22 on November 16, 2022, 01:36:30 PM

Axie will never recover if you ask me and I have my reasons for it. The main reason is that we are talking about a game and that means we are talking about something that would be valid as much as the game is valid,

I also think that it will never recover even we go through another bull run, that's not going to be enough of what it has shown during the peak of it. It's too far to be seen again and if it will recover, that's not going to be near as the last time that it has made noise in the P2E market. The entirety of P2E is nearly dead.

Quote from: el kaka22 on November 16, 2022, 01:36:30 PM

and if the game is not played then the token will go down.

Despite there are still users and players that do play the game. Talking about its market and economy, it's still not going to reach close from what it has been made before.

el kaka22

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Axie will never recover if you ask me and I have my reasons for it. The main reason is that we are talking about a game and that means we are talking about something that would be valid as much as the game is valid, and if the game is not played then the token will go down.

As we have seen from the moments it started to fall even before any of this crash, it wasn't really loved by all that many people, because the more SLP people earned, the less it was valued and eventually people crashed the price because there wasn't any reason to buy it and breed it. So both SLP and AXS will be gone, breeding is not profitable anymore and it will probably stay that way.

len01

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Quote from: Ragavendra Raja on November 11, 2022, 03:05:43 AM

In the meantime, AXS price prediction for 2022 is bullish since it can't break the help level. We can anticipate that AXS should reach $25 this year.

it is highly unlikely that AXS will reach $25 this year, not as stated in the article

Quote

• Bullish Axie Infinity (AXS) price prediction ranges from $15 to $26.
• Analysis suggests that AXS price might reach $25 soon.
• AXS’s bearish market price prediction for 2022 is $7.89.

for this year, in my opinion, it is very difficult for AXS to penetrate the bull market and it will take a very long time to reach ATH again.
well, maybe in 2030 AXS can reach $ 25 but that can't be a guarantee for sure. it is possible that more than 2030 can only penetrate the $ 25 mark

Humility4sure

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I'm personally dissatisfied and disappointed with the turnout of events with axie infinity. The project began with great potentials and promises, but as it stands, nothing seems to have been accomplished and that has discouraged a lot of investors and holders. We may need a miracle to get the project working again and command a bullish position.

Topic: Axie infinity price prediction: Future of AXS? (Read 191 times)