Topic: The rise of Axie Infinity - page 4. (Read 498 times)
The rise of Axie Infinity is likened to that of Uniswap in the DeFi industry as Axie Infinity is taking the lead in all of the gaming industry. it has no doubt that the aming industry can bring a revolution. Following the price appreciation of the Axie token, gaming is now a bomb and loads of traction has been attracted.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
Burning mechanism is what they do need for SLP to rise up its price but talking about AXS itself then i dont see any problems with that considering that this coin is mainly needed for breeding and have already some stakingBut now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
then it isnt surprising that it is really high in price but that in-game token called Smooth love potion isnt really doing well because there's no way on suppressing the supply since its unlimited then it is way too
lots of tokens been minted on the market which is on oversupply thats why its really needed on finding ways or methods on how it should be burned out.
What do you believe to be the key factors that could have made this price movement possible?
* Investors had to see this project as very successful because of its application. And they have some insights that as the gaming platform is growing, the possibility that this project become more valuable someday.
They believe what they see and taking the risk of buying more which increases the demand and also the price.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
Actually your right because they don't know the exact movement of cryptocurrency and more especially bitcoin, i can as well said that predicting the values of bitcoin and get it right is base on luck because i noticed that while different caliber of people make prediction is base on assumption, because i believe that know vividly that their prediction can't accurate due to bitcoin is not manage by anyone. But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
It must be play to earn feature, people will be able to earn while they are playing the game. that's a win win mechanism that already created by axie infinity. that was also making people join in the game easily. What do you believe to be the key factors that could have made this price movement possible?
Just take a look at what have been discussed by so many people regarding the thing that makes it become successful game. Play to earn feature was the main factor. People are hyping axie caused by that and it can't be denied because the fact was saying about the truth. Play to earn feature was also making people to bring others from their life to the game. This is adding more and more demand. And also, consider that gaming industry is already a billion dollar industry. Some of these gamers are just playing without getting any return. So with this play-to-earn game, they will be more encouraged to play as they will be earning money. They are not wasting their time or money here, but in the end, they will also be earning. Which is really a very good aspect in this new P2E gaming platforms. So I think, Axie will not be the only one that will emerge as successful here, other P2E platforms may follow their journey.
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
It must be play to earn feature, people will be able to earn while they are playing the game. that's a win win mechanism that already created by axie infinity. that was also making people join in the game easily. What do you believe to be the key factors that could have made this price movement possible?
Just take a look at what have been discussed by so many people regarding the thing that makes it become successful game. Play to earn feature was the main factor. People are hyping axie caused by that and it can't be denied because the fact was saying about the truth. Play to earn feature was also making people to bring others from their life to the game. This is adding more and more demand. When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
Gaming NFT's platform has been seeing such huge growth and ability to maintain the momentum they had since their launching. And this Axie Infinity had made such terrific growth despite the huge competition and it gains attention to the investors because of its contribution and application on the market. And base on their current market performance, it looks like this project will even grow more and reaches far. And those who invest in this project seem they are getting a huge profit now but I'm not sure if they will take it to hold longer or just sell them during this surge? But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
What do you believe to be the key factors that could have made this price movement possible?
a) A hype that makes sense. Most traders like to be involved in the hype and since AXS is one of the trending coins in the market, putting some on AXS is worth risking money. AXS being listed on some major top exchanges also plays a big factor. No need to play the game but just trade the coin in the market.
b) On the game itself, Axie Infinity, AXS has some use-cases on the game. That's one of the reasons why there's a demand and if there's a demand, expect a continous rise.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
Axie Infinity for me was the number one NFT games under by blockchain technology using ERC20, and all around the world now had their
own axie team to gain for it. And there are a lot of scholars nowdays earnings with this aspects anyway. And no wonder why the price of AXS
massively increased now, while the price of SLP was too cheap now in the market but still got a huge of volume. And I know for sure in the near
future it will get higher more and more.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
I'm not investing in Axie Infinity I am not an Axie player but I read a lot of negative things about Axie now and one of this is they are limiting some Axie owners from earning SLP those with MMR lower than 800 cannot earn SLP anymore
Quote
Sky Mavis, the Vietnam-based developer behind the blockchain-powered game, is implementing a rule that prevents users with a matchmaking ranking (MMR) below 800 from earning SLP tokens in the adventure, arena, or daily quest mode. MMR is a unit that indicates or measures player strength.
https://www.techinasia.com/axie-infinitys-players-divided-move-prevent-level-players-gain-slp
This is a bad move these owners are also investors of Axie and they support the project it is discriminatory to some of it's players.
Price movement is common for every cryptocurrency because they're all volatile.
As for the rise of Axie Infinity, it's an easy game and you can also earn from it. The rules and mechanics are totally simply and everyone can play this game.
You earn and own an NFT upon purchase and that's not so difficult.
As for the rise of Axie Infinity, it's an easy game and you can also earn from it. The rules and mechanics are totally simply and everyone can play this game.
You earn and own an NFT upon purchase and that's not so difficult.
Many people are looking for blockchain games which axie infinity fit in or meet the expectations of people in gaming that is on blockchain. Some people are looking to play games using crypto much the same as gambling in short looling for a new game where crypto is used as payment. There are some games made to meet the expectation of many forum user but the game didn't survived for long and now no longer running.
If this is not a play to earn game, I doubt that someone will still play the game.Axie infinity is one of the top NFT games today, there’s a lot of players and investors farming to earn. I still see Axie Infinity to continue to grow since the game is still on beta phase, I can’t imagine its value if they release this Alpha version it sill surely pump higher.
Many people are looking for blockchain games which axie infinity fit in or meet the expectations of people in gaming that is on blockchain. Some people are looking to play games using crypto much the same as gambling in short looling for a new game where crypto is used as payment. There are some games made to meet the expectation of many forum user but the game didn't survived for long and now no longer running.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
Timing. Axie was one of the first in in nft gaming. And one of the few i didn't invest into. One of my biggest mistakes. But i still think there's nothing interesting in it, but i forgot that people invest also to things that are not interesting or revolutionary. They just liked those stupid blobs.
What is clear is that Axie brings the concept of gaming into crypto or vice versa. Indirectly, players who initially do not like crypto and they only aim to play games, then inevitably they will interact with crypto, especially in this case Axie. That way the adoption of Axie also increases along with the number of gamers who come to make a profit from the games they play.
What do you believe to be the key factors that could have made this price movement possible?
AXS's price pump is due to staking, everyone's holding, and of course the others are using it for breeding axie, therefore there's a good chance AXS will pump even higher. It has a wide spectrum of uses, and I expect that SLP will add more in the future. I can't wait for Battle 2.0 and Axie Land; perhaps they'll add more SLP usecases and a potential of SLP pumping if that time comes.Axie is popular, which is one of the reasons it pumped so hard, and I believe it will pump even harder in the future.
Been following Axie Infinity's growth quite recently and I must say, I have to applaud the creators for their wits and their combined unrelenting efforts to keeping this game alive when most developers and founders would've just called it quits and walk with whatever they have. I guess the ever-increasing trust of the people to Axie Infinity led to its continuous, yet slow rise not only in price but in popularity which I think is fair and needed in order to create a huge following. As time goes by more and more people will play Axie and it will become a staple word in households, provided that everything works according to the creators' plan.
And when it comes axie. Well yes there's a chance because that nft project is very crowded and slp as well so its not surprising if they will gonna skyrocketed in the future as they are now making correction and seems seeking for support... Just keep monitoring the growth rate and keep on eye on the support level if it shows a break out expect it will gonna make a new resistance or more.. Just stay updated on that coins so that you don't miss the opportunity to buy in the right time.
Why would you analyse SLP and AXS's price lol, that would be a waste of time. There are other assets out there that are much needed to be speculated and studied upon than Axie which you could pretty much predict by reading update logs the devs give out every now and then. I guess the people who are into Technical Analysis are just those who either would not play Axie and is there for the currency it is under, or just because they wanted to for the lols, but honestly I wouldn't recommend wasting time and energy reading and predicting what SLP and AXS's price is gonna be.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
news is the best thing to rely if the coin will gonna rise or not, because through prediction it's quite skeptical since we are at the market which is volatile and there's always a chance for negative. Unlike news wherein more realistic because you can really see whats happening or the results and also you can obtain information and potential of the growth rate through in it.But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
And when it comes axie. Well yes there's a chance because that nft project is very crowded and slp as well so its not surprising if they will gonna skyrocketed in the future as they are now making correction and seems seeking for support... Just keep monitoring the growth rate and keep on eye on the support level if it shows a break out expect it will gonna make a new resistance or more.. Just stay updated on that coins so that you don't miss the opportunity to buy in the right time.
When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".
But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
news is the best thing to rely if the coin will gonna rise or not, because through prediction it's quite skeptical since we are at the market which is volatile and there's always a chance for negative. Unlike news wherein more realistic because you can really see whats happening or the results and also you can obtain information and potential of the growth rate through in it.But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.
What do you believe to be the key factors that could have made this price movement possible?
And when it comes axie. Well yes there's a chance because that nft project is very crowded and slp as well so its not surprising if they will gonna skyrocketed in the future as they are now making correction and seems seeking for support... Just keep monitoring the growth rate and keep on eye on the support level if it shows a break out expect it will gonna make a new resistance or more.. Just stay updated on that coins so that you don't miss the opportunity to buy in the right time.
NFT these past few months has garnered a lot of attention and the hype is massive even too overhype when we see it especially these months.
The reason Axie can shoot up very quickly is that they have their own charm apart from NFT which is indeed Hype Axie also makes it an easy, exciting and fun match of course so they immediately shoot and the price is crazy.
maybe there are some people who will try but with prices that go up drastically in a short time of course it will decrease quite drastically before it seems too.
The reason Axie can shoot up very quickly is that they have their own charm apart from NFT which is indeed Hype Axie also makes it an easy, exciting and fun match of course so they immediately shoot and the price is crazy.
Main reason for the price increase is just because there is a hype around blockchain gaming and axie infinity is one of the best/more popular games out there. I wouldn't invest right now in AXS as it has already risen a lot and chances that it will fall are quite large...
I totally agree with this, it's tantamount to putting ourselves on a steep tbing when investing here now.maybe there are some people who will try but with prices that go up drastically in a short time of course it will decrease quite drastically before it seems too.
Main reason for the price increase is just because there is a hype around blockchain gaming and axie infinity is one the best/more popular games out there. I wouldn't invest right now in AXS as it has already risen a lot and chances that it will fall are quite large...
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