According to Activeplayer statistics, the average monthly active users for Axie Infinity have dropped to 701,447, a level unprecedented since January 2021, with 2.78 million monthly Axie Infinity players in the game. January of this year before the arrival of the crypto winter.
Axie Infinity lost 1.2 million players in June alone.
In addition to the impact of the bear market Game mechanics also contributed to a decrease in the number of players. In the same period last year Players in developing countries Earn higher by playing Axie Infinity than the minimum wage in some countries.
However, since then, the price of Smooth Love Potion, Axie Infinity’s in-game reward token, has dropped by more than 95% and the token’s circulating supply has increased from approximately 2.4 billion to approximately 40 billion over time. Same as there are a lot of new players running in and getting tokens in the game.
November 2021 is the month when the Axie Infinity NFT market saw more than 2 million Axies bought and sold for 140,956.7 ETH ($639.5 million at the time), but that number has dropped sharply to 311,300 Axies worth 4,143.3 ETH ($5.37 million at the time). published) in the last 30 days.
The decline is largely in line with the intense bear market in the NFT market, where digital collectibles trading volume has dropped 98% since January.
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