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Topic: The rise of Axie Infinity (Read 480 times)

full member
Activity: 1088
Merit: 102
November 01, 2021, 09:34:36 AM
#81
Axie Infinity is a play-to-earn game in crypto. This shows that the game industry has now begun to be integrated into the cryptocurrency industry. As of August 2021, Axie Infinity is the number one Ethereum-based decentralized app (DApp) game by volume. This online game is also one of the most popular DApp games based on the number of users.
This is also because the quality is better than others, because there are many online games that have been integrated with cryptocurrency so it can be very easy to make comparisons and what is very visible is Axie Infinity and nothing else.
hero member
Activity: 2828
Merit: 518
November 01, 2021, 09:11:01 AM
#80
Axie Infinity is a play-to-earn game in crypto. This shows that the game industry has now begun to be integrated into the cryptocurrency industry. As of August 2021, Axie Infinity is the number one Ethereum-based decentralized app (DApp) game by volume. This online game is also one of the most popular DApp games based on the number of users.
With this pandemic crisis, a lot of people got the interest to earn money only and they had found Axie game a way to earn money will enjoy themselves playing. Even not gamers, they got also encouraged to join, some make it good and earn money while some got scammed and lose everything.
If it is going to happen that this Axie Infinity won't game any to their users and players, I don't know where it goes. It's likely the same as the other NFT platforms that become dead and besides, only the NFT gaming platform had able to survive while the major projects have been gone already.
full member
Activity: 743
Merit: 110
November 01, 2021, 08:55:02 AM
#79
Axie Infinity is a play-to-earn game in crypto. This shows that the game industry has now begun to be integrated into the cryptocurrency industry. As of August 2021, Axie Infinity is the number one Ethereum-based decentralized app (DApp) game by volume. This online game is also one of the most popular DApp games based on the number of users.
member
Activity: 534
Merit: 19
November 01, 2021, 08:47:48 AM
#78
Hype. This is one of the main factor why P2E games are flying like craze specially that pandemic causes a major loss in jobs and P2E fill that space. Nonetheless, Axie helps a lot of people who lost their job this pandemic. So I think its just appropriate to say that this P2E games could eventually be the next thing in crypto space added by NFT's characters and stuffs like that.
hero member
Activity: 952
Merit: 503
November 01, 2021, 08:31:55 AM
#77
Axie Infinity is a game that is loved by many people, from all walks of life. In addition to exciting games, Axie infinity also offers the advantage of SLP that can be cashed out whenever we want. Here, we can play strategy, even if we get additional benefits. This is what makes Axie so strong in the market.
In addition, Axie also has a volume that is better than other coins in the market that are the same age as him at this time so that Axie's potential is more visible compared to others or his age and that also makes many people want to choose him.
sr. member
Activity: 2296
Merit: 256
November 01, 2021, 08:26:09 AM
#76


What do you believe to be the key factors that could have made this price movement possible?

Axie Infinity is a game that is loved by many people, from all walks of life. In addition to exciting games, Axie infinity also offers the advantage of SLP that can be cashed out whenever we want. Here, we can play strategy, even if we get additional benefits. This is what makes Axie so strong in the market.
hero member
Activity: 2940
Merit: 613
Winding down.
November 01, 2021, 08:24:09 AM
#75
The most common price predictions can be seen from positive news about the altcoins we are after, the altcoin circulation cycle also affects price predictions, even FUD also greatly influences it.
That's how the entire market works, no coin would remain bullish if the market sentiment is bearish, but in the case of Axie, you can tell that it's growing due to the demand of the gamers but if FUD would come, we cannot expect that it will continue to rise as FUD would affect bitcoin as well which is the captain of the ship.

Ride with the FOMO and get affected with FUD, that's what ordinary investors do and feel.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
November 01, 2021, 08:06:49 AM
#74
And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.

Axie Infinity just shows the direction for developing of play-to-earn model. in the next couple of years we will see a great variety of such games because their popularity grows every day.
Yup, in the future more products will appear and compete. But I'm seeing here is the difference from the rest, new projects appear also follow this model to attract players, Axie Infinity is not just a form of NFT game, but in my opinion knowing that they have many other plans to build Axie Infinity to exploit many other areas of the crypto market.

There is a detail that has not been denoted with AXIE, and it is that the Axie players who made a strong investment in their Axies, at the moment the investment has fallen, that is, if at one point they bought them at 900USD, today they are in the marketplace in 150USD, and they are very powerful Axies, which have great characteristics, I think that this is happening due to the new update that will be given, which promises, obviously this puts in Check the schools and scholarships that have been formed with respect to Axie, because if they have to change or buy new Axies, the initial investment would be lost, many are recommending to capitalize quickly, because it is the only way they can see their ROI for now.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 28, 2021, 02:48:48 PM
#73
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?

Well, the current generation is more inclined to play games, and statistics have shown that a lot of people worldwide are now playing video games. Axie Infinity fuses playing and earning in a much more entertaining manner, plus the fact that your axies can act as 'collectibles' that can increase in price makes things even more attractive to the players and traders alike. Many NFT projects actually tried to mimic these key elements, but none of them have managed to surpass Axie Infinity so far.

You can also add the competitive aspect of the game, but then again, not everyone here is for the ranks; most are here for the rewards that they are gaining from the game.
member
Activity: 1078
Merit: 15
October 28, 2021, 02:32:55 PM
#72
Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.
You have a point here, it is most likely a hype and most people wanted to have while we are still on a pandemic. People want to earn money while staying at home and this AXIE will attract those kinds of people who are seeking extra income on the internet. But I have heard there are few people who have already riched by playing and buying Axie or SLP as use for a game.

I know that this NFTs game will become popular in the future and since people are into internet games now no wonder this has the potential to gain you a profit in the market.
Now after the pandemic slowing down in some countries where Axie was really popular (PH) and normal activities are allowed, I wonder if people start to realize Axie ain't the only thing they could spend their time in. Would you waste many days of playing a game where you can be rich or go to the factory and make a steady amount of income?
I think NFT games will be treated as like you are playing the lottery or leisure gambling activities. Yes, there will be a chance you can be rich by playing it but most won't hit that.
I think this is normal.
when the hype about NFT and Axie some time ago was actually an advantage and was very overhyped at that time and now it doesn't actually mean that Axie has been left behind but that there are a lot of fans there, so that Axie doesn't seem to be running anymore.
I have several NFTs here for me to play and even every day I play this game and it's not just me doing this kind of thing there are many people doing the same thing.
and here I think playing is better than doing nothing at all.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
October 26, 2021, 05:42:10 PM
#71
SLP price won't increase just by the game, it needs a pump too to the trading market itself. That's the thing that some scholars don't know.

I'm seeing SLP will not reach a hype again even there's a major development in the game.

Too much SLP issued from the contract everyday. People are feeling bored caused by they were seeing their money was getting dumped only by people who have been grinding the SLP from playing the game. It's just the matter of time until this garbage coin dumped to the zero value. I see that so many axie players were also feeling depressed caused by this. There was a chance for axie to go to the 1 cents again.
People are too crazy for minting it. hundreds of millions SLP generated everyday from the contract. The dev didn't build a proper mechanism to prevent the inflation and the team was missing it.
A big change has needed by SLP. It doesn't need a pump anymore. People realized SLP just only a token that will be slowly dead. PTS system that has built by axie team was not smart enough
sr. member
Activity: 1694
Merit: 299
October 26, 2021, 04:32:22 PM
#70
Now after the pandemic slowing down in some countries where Axie was really popular (PH) and normal activities are allowed, I wonder if people start to realize Axie ain't the only thing they could spend their time in. Would you waste many days of playing a game where you can be rich or go to the factory and make a steady amount of income?
I think NFT games will be treated as like you are playing the lottery or leisure gambling activities. Yes, there will be a chance you can be rich by playing it but most won't hit that.
Your point is valid, but now one thing is also happening a big community feeling it's a better way of income because they can play any time and have earning from this which is happening few days back I was checking few communities about this game and most have good increase in members and players because managers investing good amount from their profit.

This is good for NFT and this can increase some more interest in both ways investment and players. On job, you have fix time and income but here both in your control with this advantage now many peoples in poor countries are adopting this hopefully in near future we will have some more options about this as well.
full member
Activity: 378
Merit: 102
October 26, 2021, 02:27:08 AM
#69
The most common price predictions can be seen from positive news about the altcoins we are after, the altcoin circulation cycle also affects price predictions, even FUD also greatly influences it.
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
October 26, 2021, 01:23:13 AM
#68
And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.

Axie Infinity just shows the direction for developing of play-to-earn model. in the next couple of years we will see a great variety of such games because their popularity grows every day.
Yup, in the future more products will appear and compete. But I'm seeing here is the difference from the rest, new projects appear also follow this model to attract players, Axie Infinity is not just a form of NFT game, but in my opinion knowing that they have many other plans to build Axie Infinity to exploit many other areas of the crypto market.
sr. member
Activity: 1512
Merit: 326
October 22, 2021, 12:10:51 AM
#67
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 just interested into NFT about 6-8 months ago . and for nft games, axie is one of the ones on my list. and I quite follow the hype it seems because of the hype and consistency and a lot of news someone earns several thousand dollars from the axie game. its real . with a lot of positive info about it. nft games become an interesting thing for people who like things like that . when viewed from the gameplay to be honest it's very boring in my opinion. but financially very tempting.
member
Activity: 414
Merit: 23
October 21, 2021, 11:18:55 PM
#66
First, from one side I think because there is an effect of the good movement of Bitcoin and Ethereum. Second, the good trend of NFT makes the demand even bigger. Every day the number of AXIE volumes is increasing. In my opinion, it is because of these two factors that the movement of Axie Infinity has increased greatly. But for today the AXIE chart is starting to decline.
full member
Activity: 398
Merit: 100
October 21, 2021, 09:55:38 PM
#65
Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.
You have a point here, it is most likely a hype and most people wanted to have while we are still on a pandemic. People want to earn money while staying at home and this AXIE will attract those kinds of people who are seeking extra income on the internet. But I have heard there are few people who have already riched by playing and buying Axie or SLP as use for a game.

I know that this NFTs game will become popular in the future and since people are into internet games now no wonder this has the potential to gain you a profit in the market.
Now after the pandemic slowing down in some countries where Axie was really popular (PH) and normal activities are allowed, I wonder if people start to realize Axie ain't the only thing they could spend their time in. Would you waste many days of playing a game where you can be rich or go to the factory and make a steady amount of income?
I think NFT games will be treated as like you are playing the lottery or leisure gambling activities. Yes, there will be a chance you can be rich by playing it but most won't hit that.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
October 21, 2021, 07:09:41 PM
#64
SLP price won't increase just by the game, it needs a pump too to the trading market itself. That's the thing that some scholars don't know.

I'm seeing SLP will not reach a hype again even there's a major development in the game. The price will stay to up to $0.15 for long and that will be its stable floor. Advantage at those who are now in ROI as even SLP will reach the bottom price, sure earnings are always an assurance.
hero member
Activity: 1106
Merit: 527
October 21, 2021, 06:41:55 PM
#63
Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.
You have a point here, it is most likely a hype and most people wanted to have while we are still on a pandemic. People want to earn money while staying at home and this AXIE will attract those kinds of people who are seeking extra income on the internet. But I have heard there are few people who have already riched by playing and buying Axie or SLP as use for a game.

I know that this NFTs game will become popular in the future and since people are into internet games now no wonder this has the potential to gain you a profit in the market.
hero member
Activity: 2940
Merit: 613
Winding down.
October 21, 2021, 06:14:12 PM
#62
Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.
It becomes famous now and many people know about the Axie game which brought huge attention to the community especially when hearing about possibly earning huge money for just playing. Even without knowing the risk they face, many beginners had got an interest in this.

It was clearly the high buying demand that pushes the price of Axie gem going high. It keeps on rallying a few months ago and it hits more these days due to bulgar information as it was published on social media.

TIPs: Have to warn newcomers, don't be hyped, and never invest money if you don't know how to play this game and must aware of the scam sites as well.
full member
Activity: 602
Merit: 105
October 21, 2021, 05:58:58 PM
#61
Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
October 21, 2021, 05:56:33 PM
#60
Another influence is because when people play games, they can also get income so they don't just play games. axie is also one of the viral games and also his game on the eth platform earns thousands of coins..
People earn from it and that's why it became trending. We're all looking for another income stream and this game is providing it. It may not be as big as others think since its market is tanking, still, it became a good source of income.

Another difference with Axie Infinity is that its value is already quite high and the demand for it in the market is already quite a lot, so basically this has become a big difference between Axie Infinity and other NFT tokens.
The Axies became cheaper because of the new update but the governance token isn't cheap, the AXS. SLP is cheap but the other isn't.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
October 21, 2021, 11:05:15 AM
#59
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.


Interesting.
Well, I'll probably still keep researching to see if it's worth whatever price it's currently worth.
Hope it's not like the current NFT space where worthless piece of art can fetch people lots of money.  I think people should spend their time and money on something worthwhile so they don't regret later.  
member
Activity: 533
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#SWGT PRE-SALE IS LIVE
October 21, 2021, 10:57:34 AM
#58
Another influence is because when people play games, they can also get income so they don't just play games. axie is also one of the viral games and also his game on the eth platform earns thousands of coins..
hero member
Activity: 2338
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Temporary forum vacation
October 21, 2021, 10:23:06 AM
#57
A friend of mine sold all his AXS tokens, about 7000 of it, when it was a little above $2 usd, and this was this year, if am not mistaken, if not mistaken, around June or July, today when he chatted me up, he was full or regret as to him, he never imagined that the project would worth this much today.

Crypto currencies are highly unpredictable, and for axie, I think the reason for the surge in price is due to the fact that NFT gaming is currently a trend right now in this space, and I personally think axie is leading in this trend.

Trust me,,, he will not feel regret that he has $14000 now because nobody playing Axie comes from a rich country I know this. Use that money to buy something good or put into pension fund. AXS could go higher but once the hype dies down it will become just another token trading below the high and never going higher. It will get replaced and not survive.
hero member
Activity: 2716
Merit: 698
Dimon69
October 21, 2021, 09:36:09 AM
#56
I'm sure because it's the base of the game. Where gaming has a huge community in the world. Mixed with the investment in the items that are in that game, axie is currently the only highly successful NFT coin in cryptocurrency. I've seen some similar games as well. but only axie can survive even staying ahead when the market is negative.

Additionally, Axie is heavily backed by Philippines & Vietnam community and it was the first mover on this gamify pay to earn model on NFT so its very hard to beat by other same kind of game since a lot gamers already set foot and heavily invested on this game. Same on the scenario of ETH on smart contract blockchain industry, There's a lot of blockchain project that's more faster and cheaper than Ethereum but it still remain on top of it's competitor even with that huge disadvantage. It's all about who comes first and make success on there industry to make this kind of crazy gain to happened.
member
Activity: 296
Merit: 10
October 21, 2021, 09:34:40 AM
#55
Every play and earn game app always attract people to play specially if they really earn from it. This Axie infinity game became popular even here in our area because it is easy game at the same time you can earn. The demand for this game will continue to increase together with the value of AXS in the market.

This also happens in the neighborhood where I live, a lot of people talk about this one game, moreover this game can give us an advantage by playing it, this makes many people interested in playing, because when else can we play a game but we can also earn money from the results of playing, this is the special attraction of NFT-based games, if more people feel the benefits of their playing, the faster the development of the game and make Axie's value pump even more due to increasing demand.
member
Activity: 672
Merit: 10
October 21, 2021, 09:19:24 AM
#54
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.
One fact that cannot be denied is that Axie Infinity is an NFT game that is now widely played with the aim of making money, if Axie is not a game that can provide cash benefits to its players, it is unlikely that this game will survive, it is necessary to appreciate the development of Axie. Infinity and until now many people still play it, and I think if Axie could speed up the launch of the official version of the game instead of the beta version, it would increase the pumping power for Axie Infinity.
legendary
Activity: 2576
Merit: 1043
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October 21, 2021, 09:10:59 AM
#53
What do you believe to be the key factors that could have made this price movement possible?
Hype of NFT. Since it is arguably the most successful NFT game right now in NFT industry, I think that it has a huge effect to where Axie it is right now.
Continues adding of features in their platform. When AXS Staking isn't released yet, the price of AXS token is at around $60 but when it has been released at the end of September the price of it double immediately.

Overall, the demand of the game itself is just too high because of the fact that people can earn even though they are just staying at home. Many people lost their job due to pandemic and many are finding another sources of income and Axie is one thru scholarships. The demand is just too high even though it is still in Alpha Phase right now. Base on their roadmap, the Alpha stage of Land will release in Q4 and if this will be a successful one then the demand will be higher. No certainties still Smiley.
sr. member
Activity: 1610
Merit: 264
October 21, 2021, 08:59:25 AM
#52
~
What do you believe to be the key factors that could have made this price movement possible?
It is all just the supply and demand always, OP.  That game specifically just went from unknown to almost pump and dump NFT here in my country and everyone just goes and apply for scholarships to get started.
I see already where it was going when it now pops up in my news feed so suddenly.
legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
October 21, 2021, 08:47:53 AM
#51
A friend of mine sold all his AXS tokens, about 7000 of it, when it was a little above $2 usd, and this was this year, if am not mistaken, if not mistaken, around June or July, today when he chatted me up, he was full or regret as to him, he never imagined that the project would worth this much today.

Crypto currencies are highly unpredictable, and for axie, I think the reason for the surge in price is due to the fact that NFT gaming is currently a trend right now in this space, and I personally think axie is leading in this trend.
full member
Activity: 1316
Merit: 105
October 21, 2021, 05:45:22 AM
#50
And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.

Axie Infinity just shows the direction for developing of play-to-earn model. in the next couple of years we will see a great variety of such games because their popularity grows every day.
full member
Activity: 658
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October 21, 2021, 03:22:40 AM
#49
The NFT gaming sector of the cryptocurrency market has grown tremendously in recent times, as market participants gradually realize the immense value that a game can bring, as opposed to the game model tradition offers little practical value. Another reason for the recent growth seen in Axie Infinity is the strength of the P2E game model, Axie Infinity is indeed the game that kicked off the P2E trend wave at the beginning of the year.
That's clear, because of the few NFT games I've seen this year, only Axie Infinity is really visible and very promising, so I personally like it very much, because the potential and interest in Axie Infinity has also been very good and a lot this year.
And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.
full member
Activity: 658
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October 20, 2021, 12:39:30 AM
#48
The NFT gaming sector of the cryptocurrency market has grown tremendously in recent times, as market participants gradually realize the immense value that a game can bring, as opposed to the game model tradition offers little practical value. Another reason for the recent growth seen in Axie Infinity is the strength of the P2E game model, Axie Infinity is indeed the game that kicked off the P2E trend wave at the beginning of the year.
sr. member
Activity: 1694
Merit: 299
October 19, 2021, 11:49:45 PM
#47
I believe the game axie infinity will be the best investment in the future.
In the future? For me its kinda are now. Its one of the best right now. Though the income generated before its not comparable to the past few months. The dev continously making such update and progress for the improvement of it. Sooner or later those who left axie game will definitely fomo back when they saw a lot of new features that added on the game. Like Jihoz said we are too early and I believe that.
Good thing devs are really active and giving good updates to this game which is helping community for better income, even we have some good cut in this but still many users having very good use of this. Recently I joined few communities related to this game, they have very strong use case and their investments are also improving constantly because they have very good profit from this all.

In near future if team works like this, surely they will be able to have the biggest investments and better community which always help to grow in better way.

Axie Infinity game is giving some good help in during Covid-19 tough lock down and have very good rise during this all period but now after this still youths are enjoying with this all.
legendary
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October 19, 2021, 12:47:28 AM
#46
I believe the game axie infinity will be the best investment in the future.
In the future? For me its kinda are now. Its one of the best right now. Though the income generated before its not comparable to the past few months. The dev continously making such update and progress for the improvement of it. Sooner or later those who left axie game will definitely fomo back when they saw a lot of new features that added on the game. Like Jihoz said we are too early and I believe that.
legendary
Activity: 2758
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October 19, 2021, 12:30:14 AM
#45
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...
for now, I also see it that way. I firmly believe that the adoption rate of AXS will continue to grow every day. in fact, right now I'm very interested in this game. if i had more funds i would also buy some axies to play with. it seems like a paradise for strategy gamers. even when people don't know much about crypto, they won't hesitate when they get to know Axie. however, I think its popularity is increasing, and that's why the price of the axie has increased.
sr. member
Activity: 1344
Merit: 261
October 18, 2021, 05:27:02 PM
#44
The rise of NFT trend or axie infinity, both are somewhere related to poverty and unemployment. While Defi had touched its peak and began to vanish from the minds of investors, we needed some new projects that would refresh it. I have no words about our mind how quickly it grabbed the NFT industry and understood that this is going to be the next big thing. We prepared ourselves that NFTs which were in existence since 2016 already are the future of digital art, which blew the Defi industry and drew all those towards NFTs.

DeFi and its perspective is definitely different from NFT and the NFT game called 'Axie Infinity' focused on building a community and making it effective in less than a year, though it actually took 3 years before Axie peaked. I think this NFT game is here to stay for a few years or even longer than 4, and because of this, the NFT hype continues, more NFT projects are being started every month.
sr. member
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October 18, 2021, 05:21:18 PM
#43
I would say that the most important was that it gave people a "job" that they could do. Without the scholarship part I am not sure if it would be this big. The clear situation is that people with a ton of money could get as many axies they could, which is already a limited thing and very valuable anyway, but at the same time they would have workers named "scholars" and then they could make a profit based on their profits. Sure there could be some bad ones that deal with multiple and make you get banned or something which would be horrible for you, but in the end the good ones will allow you to make money without working.

You could have 30 axies and have 10 scholars who are dealing with 3 of them each and they would make you profit. This allowed axie to grow a lot more, I keep seeing scholarships applications everywhere I go to about axie infinity, and that keeps creating some hype.
Currently, main hype is just having scholarship specially due to Covid-19 there were no practical jobs so too many peoples involve with this, and they have some good earning which is now bringing more attraction in few countries because still too many issues with jobs and finances.

Few days back I watch one person with some good investment having very good profit because his scholars give him very good return of his investment, so now he is working with around 30 scholars mean some good investment, and he is thinking to touch 100 scholars number which will bring some good investment and more stability in this.

Surely in near future we will have some more projects like this because now it's also going to be very profitable for investors and players with play to earn trend.
legendary
Activity: 2618
Merit: 1105
October 18, 2021, 05:10:36 PM
#42
The rise of NFT trend or axie infinity, both are somewhere related to poverty and unemployment. While Defi had touched its peak and began to vanish from the minds of investors, we needed some new projects that would refresh it. I have no words about our mind how quickly it grabbed the NFT industry and understood that this is going to be the next big thing. We prepared ourselves that NFTs which were in existence since 2016 already are the future of digital art, which blew the Defi industry and drew all those towards NFTs.
hero member
Activity: 2408
Merit: 584
October 18, 2021, 04:55:16 PM
#41
I would say that the most important was that it gave people a "job" that they could do. Without the scholarship part I am not sure if it would be this big. The clear situation is that people with a ton of money could get as many axies they could, which is already a limited thing and very valuable anyway, but at the same time they would have workers named "scholars" and then they could make a profit based on their profits. Sure there could be some bad ones that deal with multiple and make you get banned or something which would be horrible for you, but in the end the good ones will allow you to make money without working.

You could have 30 axies and have 10 scholars who are dealing with 3 of them each and they would make you profit. This allowed axie to grow a lot more, I keep seeing scholarships applications everywhere I go to about axie infinity, and that keeps creating some hype.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
October 18, 2021, 01:38:06 PM
#40
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.
I don't also like this update of theirs from the perspective of being too hard for those 800 mmr and lower.

But AFAIK, Jihoz took another tweet about this matter and there's a change that 800 mmr and low still can earn SLP after making a 5 wins in the arena.

I think that's still a decent requirement.
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
October 18, 2021, 12:04:59 PM
#39
Axie had the advantage of being the first paly to earn nft game using blockchain technology, this really help to spread the popularity and increase the hype of axie, increase their user base a lot,
I read somewhere how people where earning during the lockdown thanks to axie play to earn game, like someone said above, the timing of launching the project was right, it happened at a very difficult time for some people. I believe there is more room for axie to grow as long as the team keep working hard.
sr. member
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
October 18, 2021, 11:49:46 AM
#38
I think the presence of axie infinity in a crypto can give a very positive feel to the development of the cryptocrancy in the future, because axie infinity is based on online games that can quickly hypnotize its users, so its popularity is very high at this time, and we can see the price  Axie Infinity is currently very high at $119, if you look at its development, the axie Infinity has a great opportunity to grow higher and become the best investment in the future.
member
Activity: 1540
Merit: 22
October 18, 2021, 10:07:34 AM
#37
Looking at it before, crypto gaming is still very rare and the starting price of AXS is still at $1, when AXS starts to rise above a fully diluted market cap of $2 billion, at the same time other gaming coins are starting to emerge this is a good sign for the development of the crypto gaming world. Indeed fundamentals are important, if crypto fundamentals are good, there will be times when they will rise and this is the key factor. In addition, AXS also has a locked savings of 15% per year.
sr. member
Activity: 882
Merit: 253
October 18, 2021, 08:38:12 AM
#36
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?
The popularity of this game spread so fast this year especially when the SLP is climbing up to its ATH. Its kinda bomb that explodes. Axie is the most successful NFT game during this time. Although there are lot more NFT games out there, it seems that lot of people are still into axie. From what I am seeing right now, even though SLP continues to go down this past few weeks,looking on the roadmap lot is more to come in axie. I think axie will still be the number 1 nft game and will last longer due to this.
sr. member
Activity: 811
Merit: 250
October 18, 2021, 08:21:37 AM
#35
Every play and earn game app always attract people to play specially if they really earn from it. This Axie infinity game became popular even here in our area because it is easy game at the same time you can earn. The demand for this game will continue to increase together with the value of AXS in the market.
Because there are two things that some people really like about this game, so that it already has a lot of fans, the first because it's easy to play the game and the second because AXS is very suitable for trading in the short term this year.
hero member
Activity: 2170
Merit: 530
October 18, 2021, 07:17:30 AM
#34
IMO, it might be the reason is NFT Axie was on the perfect timing, the play-to-earn games which are catching the interest in most people especially people now are always on the internet and seeking extra income, that is why more people who believe in this NFT project.  As we noticed all gaming platform has been brought hype now and it includes the gaming NFT which is the pioneer one is Axie Infinity and in fact, it gains too much trend in my country and might the adoption has been quickly spreading.

If the coin was based on demand and supply no doubt the price will continue to increase since many people adopting this platform and some of them have multiple accounts since they do farming for earning money.

Precisely mate the timing for the hype of Axie is perfect, the situation that everyone facing right now is the main reason why people are searching for extra income. The play-to-earn feature of the game really attracts interest of people to invest that's why I think there are many newbie in crypto now because of this game. I don't know if I should called them already a newbie to crypto if they are only associated with Axie. However, the market demand for AXS cannot deny that the game is really in hype however players and investors now are being worried about the price of the in-game token which is the SLP, too many minted yet too low burning mechanism.
hero member
Activity: 2926
Merit: 567
October 18, 2021, 03:35:48 AM
#33
The hype and popularity of AXS is what causes the price to be so high now. axs was one of the first to use blockchain with games, and they are now widely adopted by both game and crypto lovers. this is what makes many new projects appear to be able to be like AXS with almost similar concepts.

Not for long they just made an update and a new announcement and this is bad news for Axie players
Quote
The update will now prevent players who have MMR 800 and below from earning SLP in any of the game’s modes. This blocks them from earning SLP from Adventure as well.

This is indeed bad news those with lower bracket are not going to earn any more, this is bad because people invested on Axie but now since they have lower MMR they cannot earn anymore.

On the positive note it will prevent abuse

Quote
This was done to prevent players from abusing the MMR system to get easy wins in Arena. The objective is to keep Arena as competitive as it gets, with the idea that people would play Arena for the competition and not for the rewards. The new system also is meant to keep SLP rewards only for those who are wholeheartedly competing.
Axie Infinity update prevents SLP earning for low MMR players
sr. member
Activity: 1876
Merit: 259
October 18, 2021, 03:23:48 AM
#32
The hype and popularity of AXS is what causes the price to be so high now. axs was one of the first to use blockchain with games, and they are now widely adopted by both game and crypto lovers. this is what makes many new projects appear to be able to be like AXS with almost similar concepts.
sr. member
Activity: 854
Merit: 264
October 18, 2021, 01:25:11 AM
#31
Let's start with the fact that Axie has been working for a long time. Large funds were invested in the project and after that the project raised an unimaginable amount of money from the same funds. Economically everything works but i can't play it now and say that i like it. I will look forward to other projects with better graphics.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
October 17, 2021, 11:11:52 PM
#30
Axie can rise more than now. But if you want to invest in Axie, you should wait for the bear trend coming because that can make the price drops too deep and that will be your chance to buy the token. This year, the rising of crypto games is happening, with many gaming projects offering a new experience, including what Axie offers to gamers, investors, or even traders.

The trigger factor could be many things, but we know that the NFT is booming that makes the NFT project have been searched by those who want to make money from NFT. Investing in the altcoin while the price already increases is not recommended because the price can down anytime while we do not know if the price can still increase or not.
full member
Activity: 862
Merit: 100
October 17, 2021, 10:36:01 PM
#29
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?
The hype around NFT-gaming is still on, so some games are really pumping these days. Axie Infinity the most popular one, it has the biggest number of players, so its coin is also the most bullish. But noone can tell for sure how long it will continue, so it is better not to try to invest in this coin now. It is better to find another promising game or focus on another sphere if you are not good at computer games.
legendary
Activity: 3108
Merit: 1029
October 17, 2021, 10:29:20 PM
#28
What do you believe to be the key factors that could have made this price movement possible?

The usefulness of AXS token, it has also limited supply. People are discovering a new generation of game that let them all to play and earn without needed a lot of effort. So many people are buying AXS to be used for staking purpose as well. There will be also new feature to come soon just like land gameplay and many more. Basically, play to earn was the main reason that drives the price of AXS to go to the moon. Im not seeing any other important reason than it. AXS was going so crazy caused by the hype and people are driving it even higher with FOMO.
There are lots of new millionaires caused by this game. AXS was so crazy but we will be seeing the next PTE game like vulcan verse.
full member
Activity: 994
Merit: 100
October 17, 2021, 09:47:17 PM
#27
One of the factors that caused the price of AXS to soar dramatically was the increasing number of fans for this game, especially in the midst of the pandemic, many people lost their jobs and then looked for opportunities in other ways, one of which is playing games. And what's interesting about Axie Infinity is that it "plays to earn" so many people play this game. I think the fan factor continues This increase is one of the reasons why the price of the coin continues to soar.
sr. member
Activity: 2380
Merit: 366
October 17, 2021, 09:43:51 PM
#26
It is not that hard to understand why Axie Infinity is rising. They're one of the pioneers in blockchain gaming. In fact, they are probably the first game that became a big hit using the NFT technology. The game has made a sweeping impact in the cryptocurrency market. So you will somehow predict that its value will continuously rise.

But even Axie Infinity is not immune to the effect of a more bullish Bitcoin. If Bitcoin rallies hard, altcoins will bleed. That includes AXS and SLP.
legendary
Activity: 2506
Merit: 1394
October 17, 2021, 07:17:23 PM
#25
What I am worried about Axie Infinity is the future updates on the game that the majority of players will not agree with, this could be a massive downside for sure. But I am positive that the team behind Axie Infinity is extremely aware of this.
But for me, Axie Infinity still got lot of room to grow since their game is still on Beta, so I am looking for long term for this NFT game.
sr. member
Activity: 826
Merit: 263
October 17, 2021, 07:13:26 PM
#24
What makes Axie Infinity rise is its popularity and how people can earn money from playing the game. If there is good progress on these two factors, then a chance for Axie Infinity to rise more is very opened. Another thing to be considered is how the trend of crypto gaming survives. As long as the trend of crypto gaming is good and people are interested to join it, then Axie Infinity can continue to rise.
legendary
Activity: 2492
Merit: 1232
October 17, 2021, 06:45:16 PM
#23
IMO, it might be the reason is NFT Axie was on the perfect timing, the play-to-earn games which are catching the interest in most people especially people now are always on the internet and seeking extra income, that is why more people who believe in this NFT project.  As we noticed all gaming platform has been brought hype now and it includes the gaming NFT which is the pioneer one is Axie Infinity and in fact, it gains too much trend in my country and might the adoption has been quickly spreading.

If the coin was based on demand and supply no doubt the price will continue to increase since many people adopting this platform and some of them have multiple accounts since they do farming for earning money.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
October 17, 2021, 06:21:38 PM
#22
Every play and earn game app always attract people to play specially if they really earn from it. This Axie infinity game became popular even here in our area because it is easy game at the same time you can earn. The demand for this game will continue to increase together with the value of AXS in the market.
full member
Activity: 1442
Merit: 106
October 17, 2021, 06:02:47 PM
#21
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.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
October 17, 2021, 05:57:21 PM
#20
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 staking

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.
hero member
Activity: 2982
Merit: 610
October 17, 2021, 05:50:02 PM
#19

What do you believe to be the key factors that could have made this price movement possible?
* Gamer had found this platform to make money online while playing. And by listening to the wonderful experience by the early users, it certainly gains much attention and courage to use this as well which makes the project grow.

* 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.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
October 17, 2021, 05:44:38 PM
#18
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.
sr. member
Activity: 1988
Merit: 275
October 17, 2021, 05:40:29 PM
#17
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.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
October 17, 2021, 05:29:25 PM
#16
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.
sr. member
Activity: 2828
Merit: 344
win lambo...
October 17, 2021, 05:26:50 PM
#15
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?
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
October 17, 2021, 05:26:26 PM
#14
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.
full member
Activity: 1190
Merit: 111
October 17, 2021, 05:16:42 PM
#13
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?

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.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
October 17, 2021, 04:39:12 PM
#12
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?

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.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
October 17, 2021, 04:29:21 PM
#11
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.
full member
Activity: 2128
Merit: 180
October 17, 2021, 03:59:46 PM
#10
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.
member
Activity: 211
Merit: 80
L0tt0.com
October 17, 2021, 03:58:57 PM
#9
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.
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
October 17, 2021, 02:58:46 PM
#8
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?

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.
sr. member
Activity: 784
Merit: 252
October 17, 2021, 02:37:53 PM
#7
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.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
October 17, 2021, 02:24:48 PM
#6
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.
sr. member
Activity: 1666
Merit: 426
October 17, 2021, 02:10:48 PM
#5
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.
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.
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.
sr. member
Activity: 2016
Merit: 283
October 17, 2021, 01:37:11 PM
#4
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.
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.
member
Activity: 1078
Merit: 15
October 17, 2021, 01:23:19 PM
#3
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.
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.
sr. member
Activity: 2170
Merit: 254
October 17, 2021, 12:26:36 PM
#2
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...
member
Activity: 97
Merit: 10
October 17, 2021, 11:40:06 AM
#1
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?
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