The rise of Axie Infinity

[Meta anggraini]

Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.

[Vaculin]

Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.

It becomes famous now and many people know about the Axie game which brought huge attention to the community especially when hearing about possibly earning huge money for just playing. Even without knowing the risk they face, many beginners had got an interest in this.

It was clearly the high buying demand that pushes the price of Axie gem going high. It keeps on rallying a few months ago and it hits more these days due to bulgar information as it was published on social media.

TIPs: Have to warn newcomers, don't be hyped, and never invest money if you don't know how to play this game and must aware of the scam sites as well.

[TinaK]

Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.

You have a point here, it is most likely a hype and most people wanted to have while we are still on a pandemic. People want to earn money while staying at home and this AXIE will attract those kinds of people who are seeking extra income on the internet. But I have heard there are few people who have already riched by playing and buying Axie or SLP as use for a game.

I know that this NFTs game will become popular in the future and since people are into internet games now no wonder this has the potential to gain you a profit in the market.

[chaser15]

SLP price won't increase just by the game, it needs a pump too to the trading market itself. That's the thing that some scholars don't know.

I'm seeing SLP will not reach a hype again even there's a major development in the game. The price will stay to up to $0.15 for long and that will be its stable floor. Advantage at those who are now in ROI as even SLP will reach the bottom price, sure earnings are always an assurance.

[popeye95]

Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.

You have a point here, it is most likely a hype and most people wanted to have while we are still on a pandemic. People want to earn money while staying at home and this AXIE will attract those kinds of people who are seeking extra income on the internet. But I have heard there are few people who have already riched by playing and buying Axie or SLP as use for a game.

I know that this NFTs game will become popular in the future and since people are into internet games now no wonder this has the potential to gain you a profit in the market.

Now after the pandemic slowing down in some countries where Axie was really popular (PH) and normal activities are allowed, I wonder if people start to realize Axie ain't the only thing they could spend their time in. Would you waste many days of playing a game where you can be rich or go to the factory and make a steady amount of income?
I think NFT games will be treated as like you are playing the lottery or leisure gambling activities. Yes, there will be a chance you can be rich by playing it but most won't hit that.

[Nasuhalugu]

First, from one side I think because there is an effect of the good movement of Bitcoin and Ethereum. Second, the good trend of NFT makes the demand even bigger. Every day the number of AXIE volumes is increasing. In my opinion, it is because of these two factors that the movement of Axie Infinity has increased greatly. But for today the AXIE chart is starting to decline.

[Dread Pirate Roberts]

But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now. What do you believe to be the key factors that could have made this price movement possible?

I just interested into NFT about 6-8 months ago . and for nft games, axie is one of the ones on my list. and I quite follow the hype it seems because of the hype and consistency and a lot of news someone earns several thousand dollars from the axie game. its real . with a lot of positive info about it. nft games become an interesting thing for people who like things like that . when viewed from the gameplay to be honest it's very boring in my opinion. but financially very tempting.

[FrozenBit]

And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.

Axie Infinity just shows the direction for developing of play-to-earn model. in the next couple of years we will see a great variety of such games because their popularity grows every day.

Yup, in the future more products will appear and compete. But I'm seeing here is the difference from the rest, new projects appear also follow this model to attract players, Axie Infinity is not just a form of NFT game, but in my opinion knowing that they have many other plans to build Axie Infinity to exploit many other areas of the crypto market.

[DewiKirana]

The most common price predictions can be seen from positive news about the altcoins we are after, the altcoin circulation cycle also affects price predictions, even FUD also greatly influences it.

[perfect999]

Now after the pandemic slowing down in some countries where Axie was really popular (PH) and normal activities are allowed, I wonder if people start to realize Axie ain't the only thing they could spend their time in. Would you waste many days of playing a game where you can be rich or go to the factory and make a steady amount of income?
I think NFT games will be treated as like you are playing the lottery or leisure gambling activities. Yes, there will be a chance you can be rich by playing it but most won't hit that.

Your point is valid, but now one thing is also happening a big community feeling it's a better way of income because they can play any time and have earning from this which is happening few days back I was checking few communities about this game and most have good increase in members and players because managers investing good amount from their profit.

This is good for NFT and this can increase some more interest in both ways investment and players. On job, you have fix time and income but here both in your control with this advantage now many peoples in poor countries are adopting this hopefully in near future we will have some more options about this as well.

[bitkanu]

SLP price won't increase just by the game, it needs a pump too to the trading market itself. That's the thing that some scholars don't know.

I'm seeing SLP will not reach a hype again even there's a major development in the game.

Too much SLP issued from the contract everyday. People are feeling bored caused by they were seeing their money was getting dumped only by people who have been grinding the SLP from playing the game. It's just the matter of time until this garbage coin dumped to the zero value. I see that so many axie players were also feeling depressed caused by this. There was a chance for axie to go to the 1 cents again.
People are too crazy for minting it. hundreds of millions SLP generated everyday from the contract. The dev didn't build a proper mechanism to prevent the inflation and the team was missing it.
A big change has needed by SLP. It doesn't need a pump anymore. People realized SLP just only a token that will be slowly dead. PTS system that has built by axie team was not smart enough

[bekti3]

Its a simple move because of massive attraction on the market since the hype of the opportunity of earning on its platform massively influenced widely.
Moreover in this pandemic, any chance to earn money would really catchy.

You have a point here, it is most likely a hype and most people wanted to have while we are still on a pandemic. People want to earn money while staying at home and this AXIE will attract those kinds of people who are seeking extra income on the internet. But I have heard there are few people who have already riched by playing and buying Axie or SLP as use for a game.

I know that this NFTs game will become popular in the future and since people are into internet games now no wonder this has the potential to gain you a profit in the market.

Now after the pandemic slowing down in some countries where Axie was really popular (PH) and normal activities are allowed, I wonder if people start to realize Axie ain't the only thing they could spend their time in. Would you waste many days of playing a game where you can be rich or go to the factory and make a steady amount of income?
I think NFT games will be treated as like you are playing the lottery or leisure gambling activities. Yes, there will be a chance you can be rich by playing it but most won't hit that.

I think this is normal.
when the hype about NFT and Axie some time ago was actually an advantage and was very overhyped at that time and now it doesn't actually mean that Axie has been left behind but that there are a lot of fans there, so that Axie doesn't seem to be running anymore.
I have several NFTs here for me to play and even every day I play this game and it's not just me doing this kind of thing there are many people doing the same thing.
and here I think playing is better than doing nothing at all.

[dothebeats]

When you talk about "price prediction", the most common advise that someone will give you is that it's quite impossible to predict which coin is about to make massive gains, and it's true, even with a lot of research people struggle to find those "gems".


But now that we have seen such a massive move from Axie, we could at least try to find out some triggering factors that could have caused this massive rise, because we have more info right now.


What do you believe to be the key factors that could have made this price movement possible?

Well, the current generation is more inclined to play games, and statistics have shown that a lot of people worldwide are now playing video games. Axie Infinity fuses playing and earning in a much more entertaining manner, plus the fact that your axies can act as 'collectibles' that can increase in price makes things even more attractive to the players and traders alike. Many NFT projects actually tried to mimic these key elements, but none of them have managed to surpass Axie Infinity so far.

You can also add the competitive aspect of the game, but then again, not everyone here is for the ranks; most are here for the rewards that they are gaining from the game.

[LUCKMCFLY]

And besides, the difference between Axie Infinity and other projects pursuing the same field is that their products really work and create value for users. The hype about NFT is a lot, so when the trend is to explode, good projects will naturally develop strongly.

Axie Infinity just shows the direction for developing of play-to-earn model. in the next couple of years we will see a great variety of such games because their popularity grows every day.

Yup, in the future more products will appear and compete. But I'm seeing here is the difference from the rest, new projects appear also follow this model to attract players, Axie Infinity is not just a form of NFT game, but in my opinion knowing that they have many other plans to build Axie Infinity to exploit many other areas of the crypto market.

There is a detail that has not been denoted with AXIE, and it is that the Axie players who made a strong investment in their Axies, at the moment the investment has fallen, that is, if at one point they bought them at 900USD, today they are in the marketplace in 150USD, and they are very powerful Axies, which have great characteristics, I think that this is happening due to the new update that will be given, which promises, obviously this puts in Check the schools and scholarships that have been formed with respect to Axie, because if they have to change or buy new Axies, the initial investment would be lost, many are recommending to capitalize quickly, because it is the only way they can see their ROI for now.

[Vaculin]

The most common price predictions can be seen from positive news about the altcoins we are after, the altcoin circulation cycle also affects price predictions, even FUD also greatly influences it.

That's how the entire market works, no coin would remain bullish if the market sentiment is bearish, but in the case of Axie, you can tell that it's growing due to the demand of the gamers but if FUD would come, we cannot expect that it will continue to rise as FUD would affect bitcoin as well which is the captain of the ship.

Ride with the FOMO and get affected with FUD, that's what ordinary investors do and feel.

[kojektea]

What do you believe to be the key factors that could have made this price movement possible?

Axie Infinity is a game that is loved by many people, from all walks of life. In addition to exciting games, Axie infinity also offers the advantage of SLP that can be cashed out whenever we want. Here, we can play strategy, even if we get additional benefits. This is what makes Axie so strong in the market.

[JeWay]

Axie Infinity is a game that is loved by many people, from all walks of life. In addition to exciting games, Axie infinity also offers the advantage of SLP that can be cashed out whenever we want. Here, we can play strategy, even if we get additional benefits. This is what makes Axie so strong in the market.

In addition, Axie also has a volume that is better than other coins in the market that are the same age as him at this time so that Axie's potential is more visible compared to others or his age and that also makes many people want to choose him.

[Snappycoco]

Hype. This is one of the main factor why P2E games are flying like craze specially that pandemic causes a major loss in jobs and P2E fill that space. Nonetheless, Axie helps a lot of people who lost their job this pandemic. So I think its just appropriate to say that this P2E games could eventually be the next thing in crypto space added by NFT's characters and stuffs like that.

[Valak]

Axie Infinity is a play-to-earn game in crypto. This shows that the game industry has now begun to be integrated into the cryptocurrency industry. As of August 2021, Axie Infinity is the number one Ethereum-based decentralized app (DApp) game by volume. This online game is also one of the most popular DApp games based on the number of users.

[Yamifoud]

Axie Infinity is a play-to-earn game in crypto. This shows that the game industry has now begun to be integrated into the cryptocurrency industry. As of August 2021, Axie Infinity is the number one Ethereum-based decentralized app (DApp) game by volume. This online game is also one of the most popular DApp games based on the number of users.

With this pandemic crisis, a lot of people got the interest to earn money only and they had found Axie game a way to earn money will enjoy themselves playing. Even not gamers, they got also encouraged to join, some make it good and earn money while some got scammed and lose everything.
If it is going to happen that this Axie Infinity won't game any to their users and players, I don't know where it goes. It's likely the same as the other NFT platforms that become dead and besides, only the NFT gaming platform had able to survive while the major projects have been gone already.