Is Axie Infinity still worth getting into?
The platform quickly rose to prominence in 2021 and, for a while, stood as the gold standard for blockchain-based games. And although it's hit some rough patches in 2022 (to say the least), the fact remains that Axie Infinity still stands as one of the most successful crypto game titles in the industry's short history.
According to its latest prediction, AXS can be worth as much as $191.36 by the end of the year. It also predicts that the Axie Infinity coin will be worth as much as $690.98 in the next five years (2027). Digital Coin Price is also optimistic about the future of Axie Infinity but not as optimistic as Wallet Investor.
Earning the in-game token Smooth Love Potion ($SLP) is the most common way for people to make money playing Axie Infinty. While going through the gameplay by fighting battles and completing quests, you get rewarded in $SLP just like you'd earn points in a traditional video game.
One of the biggest benefits Axie Infinity users gain is profits. Notably, 95% of its revenue goes back to the players. Specifically, Axie takes a 4.25% fee for buying and selling Axie NFTs. Users also pay a small fee when they breed their Axies.
In a long-term scenario for Axie Infinity forecast, say around 2026, the AXS Token price is set to pick up pace with other cryptocurrencies to arrive at a price of $160 clearly. A jaw-dropping optimism is also predicted for AXS, mainly due to its consistent performance over the years.
Season 21 of Axie Infinity is now live. But in a surprising announcement on Twitter and Discord, the Sky Mavis team says this will be the final season for Axie Infinity Classic. They said in their announcement they wanted to end the season with a bang so they are preparing larger rewards for the top players.
According to its Axie Infinity price prediction 2022-2025, the token will reach an average trading price of over $206 before the end of 2022. By the end of 2023, the figure is predicted to stand at $367.32 and AXS price prediction will be trading at over $515.
Axie Infinity (AXS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Axie Infinity in the past few months, AXS is considered a good investment in 2022.
Axie Infinity Price Prediction 2027
The prices are expected to continue rising in 2027 and might reach a maximum price of $214.01 by December 2027. The digital asset might reach an average trading price of $194.41. A minimum price of $188.10 is also expected in the year 2027.
It might last three years, three months, or three days, but at some point, it will eventually crash under its own weight – Not unlike a Ponzi scheme.
Is it worth it to invest in Axie?
If you are looking for a quick profit, then Axie Infinity is probably not the right investment for you. However, if you are willing to put in the time and resources, then the game offers a number of opportunities to make money.
What Can You Get Out of Axie Infinity? The short answer is money. As mentioned above, you can make a minimum of 150 SLP per day. As of writing this, 150 SLP is around $40.
Axie Infinity is a play-to-earn game, in which players can buy, breed and pit Pokémon-type characters—called Axies—against each other, in an effort to win in-game cash, known as smooth love potions (SLP). These potions can then be exchanged for real money.
WalletInvestor agrees with CoinCodex, stating that SLP is a bad buy for a one-year investment. Its SLP coin price prediction expects the token to continue losing its value in 2022, dropping to $0.0006 in a year.
PricePrediction.net was much more optimistic in its AXS/USD forecast for the years 2022, 2023, 2024 and 2025, expected the token to average $26.71, $39.20, $59.21 and $86.87, respectively. Prices could be poised to reach $556.99 by 2030.
As a game, it is unlikely that Axie Infinity will die out anytime soon. But if you wish to invest your time or money into the game in hopes of returns, there is a noticeable decline that you should be wary of.
Axie Origin's Roadmap Revealed
The Axie Infinity Classic Season 21 will be the last time players shall experience the classic version before the game officially switches to a brand new game mechanic along with new ways to play the game, such as new game modes, in-game cards, traits, and more.
WalletInvestor says AXS is an “awesome long-term investment”. Its Axie Infinity price prediction for 2022 expects it to reach $55 in a year. The site's Axie Infinity price prediction for 2025 is for the coin to surge above $100. The momentum is expected to continue, and in five years' time could be worth $207.
Year | Potential Low | Potential High |
---|---|---|
2022 | $17.91 | $24.39 |
2023 | $21.95 | $40.27 |
2024 | $34.39 | $63.58 |
2025 | $51.23 | $95.89 |
According to the latest long-term prediction, Axie Infinity (AXS) price will rise to $350 within the year of 2024, $420 in 2025, $600 in 2026, $750 in 2028 and $1,000 in 2030. As per Axie Infinity (AXS) price prediction, The value of Axie Infinity will be worth around $1,450 in 10 years or in 2032.
What will bitcoin be worth in 2030?
After years of analysis of the Bitcoin price, crypto experts are ready to provide their BTC cost estimation for 2030. It will be traded for at least $776,060.47, with the possible maximum peaks at $937,274.64. Therefore, on average, you can expect the BTC price to be around $798,474.46 in 2030.
What's behind Axie Infinity's drop? Axie Infinity is hemorrhaging users at an alarming rate. According to data pulled from DappRadar, the number of users on the platform had peaked at roughly 63,000.
Axie Infinity is still technically in its Alpha phase, with its developers Sky Mavis rolling out new updates pretty frequently. Sky Mavis has expanded its team since the initial 2021 boom, and now has a team of over 80 staff.
Axie Infinity (AXS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Axie Infinity in the past few months, AXS is considered a good investment in 2022.
If you are looking for a quick profit, then Axie Infinity is probably not the right investment for you. However, if you are willing to put in the time and resources, then the game offers a number of opportunities to make money.
Playing Axie Infinity was like going back in time to playing the browser games of the aughts, but not nearly as much fun. This isn't necessarily a bad thing, but players should expect it. Blockchain-based games are completely new concepts.
To get started, you need to first purchase 3 Axies to complete your starter team. As of this writing, this means that you need to have at least $500 to $600 (or thrice the price of the lowest Axie) to start playing. But remember that's only the minimum, as Axies with good stats and cards usually cost more.
WalletInvestor agrees with CoinCodex, stating that SLP is a bad buy for a one-year investment. Its SLP coin price prediction expects the token to continue losing its value in 2022, dropping to $0.0006 in a year.
Generally speaking, SLP's price won't rise higher than $1 in one or five years. The token has a good use case, well-designed tokenomics and a solid team behind it. However, since its peak in July 2021, the token has been plagued by a bearish trend, which is not likely to change in the first half of 2022.
According to its Axie Infinity price prediction 2022-2025, the token will reach an average trading price of over $206 before the end of 2022. By the end of 2023, the figure is predicted to stand at $367.32 and AXS price prediction will be trading at over $515.
Can you lose money in AXIE?
Reckless trading. You will definitely lose your Axie Infinity investment if you trade recklessly.
It might last three years, three months, or three days, but at some point, it will eventually crash under its own weight – Not unlike a Ponzi scheme.
Axie Infinity allows users to cash-out their tokens every fourteen days. This model has been described as a form of gambling, and one with an unstable market that is overly reliant on the inflow of new players.
Axie Infinity Price | Value |
---|---|
Today/Current/Last | 1,554 |
1 Day Return | 6.91% |
7 Day Return | 5.10% |
There is a Daily Quest that resets daily where you can earn 50 SLP as a bonus. You can get this free SLP by winning 5 times in PVP and 10 times in PVE. In PVE, you can earn up to a maximum of 100 SLP per day. Meaning, realistically, you can earn 150 SLP per day at the minimum.
You can use this fact to get some easy wins by playing very late at night or very early in the morning, when your potential opponents aren't paying as much attention and focus as they would be in the daytime.
How much money can you make using AXIE Infinity? This is always changing, but on average, right now users might be able to make anywhere from $10-50 per day playing the game.