AXS was the first and largest gaming based crypto. Many followed in AXS's wake (GALA, SAND, etc) but none managed to surpass it.
Plainly said, I think AXS is dying and will never recover from the current bear-market.
Taking a look at the player statistics from activeplayer.io we can clearly see that AXS is losing players for well over a year now.
Apart from players leaving the game, I've got some serious questions on why people would play this game. Is it meant to be a fun pastime (like games are supposed to be), or are the only people who are playing playing it for the money.
You're going to need real players to buy the axies from the "investor-gamers" in the end. If those real players never come, Axie Infinity will never be popular again. Furthermore, there will likely be some other game in the future that will have better prospects than some 3 year old game that no one plays (and no one makes money from).
To make matters worse, check the huge 2 year head & shoulders on the chart.
Do you think AXS will even reach all-time highs again? Is it dead? Share your thoughts below 🙏
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.