After hitting $4.26 billion in total non-fungible token (NFT) sales, monthly play-to-earn game Axie Infinity sees levels not seen in 26 months since November 2020 Decreased. Despite the low number of players, his AXS, the project’s native token, has risen 62% against the US dollar over the past 30 days.
Axie Infinity’s native token AXS rises 62% despite continued decline in monthly player count
According to activeplayer.io, the non-fungible token-based online video game Axie Infinity will peak at 2.78 million people in January 2022, and once had millions of monthly players. statisticsSince January isn’t over yet, the average number of players so far in the last 30 days is 432,001. December 2022 had 468,805 players, the lowest level since November 2020 in over two years.
Axie had an average of 2 million monthly players for eight consecutive months from October 2021 to May 2022. Over the next four months, Axie’s monthly player count was over 700,000, but dropped to 556,058 in November 2022.
The numbers for the last month of 2022 and the first month of 2023 were also dire. As far as his NFT sales of all time are concerned, the project developed by Vietnamese studio Sky Mavis $4.26 billion Total NFT sales have surpassed top NFT markets such as Magic Eden, Lookrare, X2Y2, Rarible and Atomicmarket.
according to data According to cryptoslam.io, Axie’s Ronin chain sales have increased by 41% over the past 30 days compared to the previous month. Her Ronin sales in the last 30 days totaled $1,418,842, making Ronin his ninth-largest blockchain by monthly sales this month. Axie Infinity’s native token, AXShas performed well this month, gaining 62% against the US dollar over the past 30 days.
2 weeks stats show AXS It is up 67% against the dollar. On January 22, 2023, AXS traded between $8.95 and $11.84, up 24% on Sunday at 4:30 pm ET. AXS is the 42nd largest cryptocurrency by market capitalization with a valuation of approximately $1.31 billion.
Despite the recent lift AXS It is still down from its high of $164 per unit on November 6, 2021, down 93% since that date. His Axie Infinity, a Play-to-Earn (P2E) game, has significantly fewer players than some of the most played games today. For example, activeplayer.io shows that Overwatch 2 had about 1 monthly active player. 23 million 23 million in December 2022 in the last 30 days.
Call of Duty: Mobile Live Player Had 58,502,111 Average monthly players over the last 30 days and 58,001,154 during December 2022. By comparison, Axie Infinity’s player count is a small fraction of those games with significantly higher monthly player counts. Specifically, Axie’s average monthly players in December 2022 made up 0.81% of his average monthly players for Call of Duty.
Given the declining number of monthly players, what do you think the future holds for Axie Infinity and its native token, AXS? Share your thoughts on the subject in the comments section below.
image credit: Shutterstock, Pixabay, Wiki Commons, Editorial photo credits: activeplayer.io, Axie Infinity, dappradar.com,
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