AXIE Price Drops More Than Expected, Price Is Only $5 What Happens To Axie Infinity?

Referring to the price from the Marketplace of the famous blockchain game Axie Infinity, the latest price has been reduced until you think that Axie is on sale or is it On Sale? Because if we look at the price on the web page, you will find that The starting price is now only $5 per Axie.

The price goes down, the players are less. what happened?

In addition to the price of AXIE that has been reduced to this size Axie Infinity’s daily player count is also declining, according to data from United gamers It states that Axie Infinity had just over 900,000 active daily players at the beginning of May, which is clearly different from last year’s data. In November last year The number of daily active players (DAUs) reached 2.7 million, a decline of more than 65%, and the biggest drop in eight months.

This could be attributed to the declining demand for Axie games with an unsustainable Play-to-Earn game model. Many players who come to play this game may come to speculate or make money. And when it was found that the returns were declining compared to when the game was released and the impact of the bear market during this period. Therefore, these may be the reason for the significant reduction in the number of active users in Axie Infinity and the price of Axie as well.

Source: United gamers Axie Marketplace

The post AXIE price has been lower than expected, the price is only $5, what’s going on with the Axie Infinity? appeared first on Bitcoin Addict.

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