FortuneFollower
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Merit: 18
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August 28, 2025, 08:16:05 AM |
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Don't forget that such coins are created every day, brand new "Hype bomb", so to speak.
And with infinite supply, as others outlined - don't have high hopes for it..
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gunhell16
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August 28, 2025, 11:52:42 AM |
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This is very difficult to achieve due to several issues with the Axie Infinity project. 1. They don't have a maximum supply, so the potential for inflation is much higher than the potential for price increases. 2. The game's payout isn't as good as it sounds; some players are fed up with the mechanics. 3. I remember having to buy Axies before starting the game. 4. Axie's decline was too steep; their ATH was $165, and today it's only $2.39. And the narrative surrounding the game project has really declined. Today's investment isn't focused on games that are just a waste of time and result in losses, especially with holding their tokens. If they don't offer substantial rewards and engaging gameplay mechanics that make the game enjoyable, there won't be a massive following. Their user base has also steadily declined over time, and you have to remember that games are short-lived on the Web 3. Especially if the developer doesn't create a competitive game system and guarantees good returns, users will reconsider and try other, more profitable games. There's no growth, and the data looks flat.I am holding some in loss. Do you suggest me to book losses ? If it were up to me, dude, you should forget what you believe in. With all the new, potential crypto projects coming out in this industry, it's impossible that you don't see anything with more potential than AXS. Let me just ask you this, do you research the top altcoins or meme coins these days? Honestly, the time of AXIE's popularity is over, so it's going to be hard for it to get its shine back, just to tell you frankly. Now, if you still really believe in it, you should just think about it and accept the fact that the capital you'll use for it will be a loss.
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fikrett
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Activity: 406
Merit: 16
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August 28, 2025, 12:25:33 PM |
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Pretty much agreed with the first point, it's the reason why I wouldn't touch this project with my money despite playing their games back in the days. The uncapped supply where the gamers are farmers that willing to pull off all nighters to make profit as much as they can. Doesn't seem like a sustaining economy if you ask me.
The new investors just become exit liquidity.
Many projects, in the end, come to this - and it's unfortunate, but it's true. NFA, but it's better to keep a small loss and land your funds somewhere valid than to keep them praying for something to happen.
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khiholangkang
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August 28, 2025, 03:10:00 PM |
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1. They don't have a maximum supply, so the potential for inflation is much higher than the potential for price increases. 2. The game's payout isn't as good as it sounds; some players are fed up with the mechanics. 3. I remember having to buy Axies before starting the game. 4. Axie's decline was too steep; their ATH was $165, and today it's only $2.39.
Pretty much agreed with the first point, it's the reason why I wouldn't touch this project with my money despite playing their games back in the days. The uncapped supply where the gamers are farmers that willing to pull off all nighters to make profit as much as they can. Doesn't seem like a sustaining economy if you ask me. The new investors just become exit liquidity. Isn't that just like a Ponzi scheme? New investors will always be the ones who suffer losses, instead of seeking profits by exploiting their own friends? This is very difficult to achieve due to several issues with the Axie Infinity project. 1. They don't have a maximum supply, so the potential for inflation is much higher than the potential for price increases. 2. The game's payout isn't as good as it sounds; some players are fed up with the mechanics. 3. I remember having to buy Axies before starting the game. 4. Axie's decline was too steep; their ATH was $165, and today it's only $2.39. And the narrative surrounding the game project has really declined. Today's investment isn't focused on games that are just a waste of time and result in losses, especially with holding their tokens. If they don't offer substantial rewards and engaging gameplay mechanics that make the game enjoyable, there won't be a massive following. Their user base has also steadily declined over time, and you have to remember that games are short-lived on the Web 3. Especially if the developer doesn't create a competitive game system and guarantees good returns, users will reconsider and try other, more profitable games. There's no growth, and the data looks flat.I am holding some in loss. Do you suggest me to book losses ? If it were up to me, dude, you should forget what you believe in. With all the new, potential crypto projects coming out in this industry, it's impossible that you don't see anything with more potential than AXS. Let me just ask you this, do you research the top altcoins or meme coins these days? Honestly, the time of AXIE's popularity is over, so it's going to be hard for it to get its shine back, just to tell you frankly. Now, if you still really believe in it, you should just think about it and accept the fact that the capital you'll use for it will be a loss. He should have opened his eyes and seen that there are many more potential projects. But I advise him not to force him. From what I've said, he should have understood that this kind of game is no longer worth investing in. Any altcoin with an overly hyped narrative in the past will be discarded, because it's not based on value but on community discussion hype.
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robelneo
Legendary
Online
Activity: 3710
Merit: 1252
Enjoy 500% bonus + 70 FS
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August 29, 2025, 12:53:37 PM |
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Axie had huge hype before crashing. Can it revive with new updates and bring AXS price up? They’ve been trying to revive the game, but nobody’s buying it, and the rewards are not satisfying anymore. With many play-to-earn and other concepts, I don’t think they can revive it. Some bull runs have occurred, and yet AXIE failed to take off. Furthermore, its developers have been exposed to abusing and cheating their users, so why would they trust it again?
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$crypto$
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Smart is not enough, there must be skills
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August 29, 2025, 01:10:06 PM |
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AXS has fallen to -98.6% from its 2021 ATH, falling even further --- while you shouldn't expect this rise to happen because it's impossible for me to believe in this token.
Besides, the Axie Infinity game is now outdated and no longer hyped, so it's likely that many communities have left this project, including the game itself. Therefore, look for other altcoins that have more potential rather than expecting this one to rise.
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asriloni
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August 29, 2025, 01:22:01 PM |
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Axie Infinity can't make comeback during the bullrun. my reason is
1. Overrated game and boring gameplay. 2d game in 2025 is just crap. 2. Inflated tokens and infinite supply 3. Not sustainable game economy 4. The locked tokens that probable gets unlock 5. Importantly less demand.
Those reasons are enough to explain why Axie will never ever make comeback during the bullrun. Just look at its performance during the November - December bullrun. It's very disappointing, isn't it?
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justdimin
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August 29, 2025, 08:55:10 PM |
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Axie had huge hype before crashing. Can it revive with new updates and bring AXS price up?
It's way too bloated, it can't work ever again. The trick for them was that it has to reach a level where we can se it keep getting buys that cover it. Think about it this way, it worked for a while because people who got in, paid to get in, and then they made profit, so they used that profit, to make more profit, and that kept going. However, you have to realize, this can't go on forever, people can't put in money forever, this game can't be a trillion dollar game. Where does it stop? Well, wherever and whenever people decide not to put more money into it, and that is exactly what happened. It stopped when we put more money into it and that is how you approach it and that is how we make some money and when it stops we stop with it.
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arhipova (OP)
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August 30, 2025, 10:22:40 AM |
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Axie Infinity can't make comeback during the bullrun. my reason is
1. Overrated game and boring gameplay. 2d game in 2025 is just crap. 2. Inflated tokens and infinite supply 3. Not sustainable game economy 4. The locked tokens that probable gets unlock 5. Importantly less demand.
Those reasons are enough to explain why Axie will never ever make comeback during the bullrun. Just look at its performance during the November - December bullrun. It's very disappointing, isn't it?
They cannot make changes now like changing 2d to 3d ?
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Hispo
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August 30, 2025, 01:08:51 PM |
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Axie Infinity can't make comeback during the bullrun. my reason is
1. Overrated game and boring gameplay. 2d game in 2025 is just crap. 2. Inflated tokens and infinite supply 3. Not sustainable game economy 4. The locked tokens that probable gets unlock 5. Importantly less demand.
Those reasons are enough to explain why Axie will never ever make comeback during the bullrun. Just look at its performance during the November - December bullrun. It's very disappointing, isn't it?
I disagree with what you said about 2D games in this era where 3D games are regarded as more important. You should take a look at a game which is coming out next September 4th, which is called "Hollow knight: Silksong" , it is one of the most anticipated games in the lastest years, and it happens to be a 2D game with beautiful mechanics and awesome soundtrack and art. It is going to sell millions of copies worldwide, I have not doubt about it. So you should cross out the first reason on why Axie Infinity is not going to have a triumphant come back during the next bull run, because being 2D does not have anything to do with its failure in the long term.
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