Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020

After signaling $4.26 cardinal successful full non-fungible token (NFT) sales, the play-to-earn crippled Axie Infinity’s monthly subordinate number has dropped to levels not seen since November 2020, a play of 26 months. Despite the debased subordinate count, the project’s autochthonal token, AXS, has climbed 62% higher against the U.S. dollar successful the past 30 days.

Axie Infinity’s Native Token AXS Climbs 62% Despite Continued Decrease successful Monthly Players

The non-fungible token-based online video crippled Axie Infinity erstwhile had millions of monthly players, with a highest of 2.78 cardinal successful Jan. 2022, according to activeplayer.io statistics. With Jan. not rather over, the past 30 days bespeak an mean of 432,001 players to date. During Dec. 2022, determination were 468,805 players, a debased not seen successful implicit 2 years, since Nov. 2020.

Axie held an mean of 2 cardinal monthly players for 8 consecutive months betwixt Oct. 2021 and May 2022. After May, the mean monthly subordinate number dropped to 958,044, oregon 1,202,210 less players than the erstwhile month. Over the adjacent 4 months, Axie’s monthly subordinate number remained supra 700,000, but successful November 2022, it slipped to 556,058.

The past period of 2022 and the archetypal period of 2023 besides saw dismal numbers. As acold arsenic all-time NFT income are concerned, the task developed by Vietnamese workplace Sky Mavis has recorded $4.26 billion successful full NFT sales, much than apical NFT markets similar Magic Eden, Looksrare, X2Y2, Rarible, and Atomicmarket.

According to data from cryptoslam.io, income connected Axie’s Ronin concatenation saw a 41% summation implicit the past 30 days compared to the erstwhile month. Ronin income implicit the past 30 days totaled $1,418,842, and Ronin is the ninth-largest blockchain successful presumption of monthly income this month. Axie Infinity’s autochthonal token, AXS, has performed good this month, expanding by 62% against the U.S. dollar implicit the past 30 days.

Two-week statistic amusement AXS is up 67% against the greenback. On Jan. 22, 2023, AXS was trading astatine prices betwixt $8.95 and $11.84, gaining 24% connected Sunday day astatine 4:30 p.m. Eastern Time. AXS is the 42nd largest crypto marketplace capitalization, with a valuation of astir $1.31 billion.

Despite the caller lift, AXS is inactive down from its $164 per portion precocious connected November 6, 2021, and is down 93% since that day. The play-to-earn (P2E) crippled Axie Infinity’s subordinate number is importantly little than immoderate of the apical played games today. For instance, activeplayer.io shows that Overwatch 2’s progressive fig of monthly players was astir 23 million successful the past 30 days and 23 cardinal during Dec. 2022.

Call of Duty: Mobile Live Player had 58,502,111 mean monthly players successful the past 30 days and 58,001,154 during Dec. 2022. In comparison, Axie Infinity’s subordinate number is simply a tiny fraction of these games with precise precocious monthly subordinate counts. Specifically, Axie’s Dec. 2022 mean monthly subordinate number represented 0.81% of Call of Duty’s mean monthly subordinate count.

What bash you deliberation is the aboriginal for Axie Infinity and its autochthonal token, AXS, fixed the alteration successful monthly players? Share your thoughts astir this taxable successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, editorial photograph credit: activeplayer.io, Axie Infinity, dappradar.com,

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.