Is Axie Infinity still popular?

Axie popularity In July 2021, Axie Infinity generated more fees than Bitcoin or Ethereum in seven days. The game is popular in developing countries that use it to earn revenue after being displayed by COVID-19 . Players from markets like Vietnam generate significant revenue every day from their Axies.

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Is AXIE long term?

This dynamic is not optimal long term . In the long run there will be upgrades to Axies, Land, and other assets that will require crafting ingredients. Axies themselves may be “released” to obtain these crafting ingredients or unlock upgrades. This creates a long term supply sink to the Axie population.

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What will Axie Infinity be worth?

The Axie Infinity token is expected to stay below $50 for most of 2022 and drop to $36 in November . However, it does think AXS will eventually start rallying. TradingBeasts AXS crypto price prediction expects it to surpass $100 in 2024 and reach $127 by the end of 2025.7 Mar 2022

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How much is an Axie pet?

In stark contrast, the minimum cost to enter the game is around $350 or ₹26,000. For those of you who aren’t familiar with Axie Infinity, one has to buy three pets in order to be eligible to participate. These ‘pets’ are bought using the cryptocurrency called RONIN. And, each pet costs around $100 .

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