Axie Infinity loses popularity: its players drop 60% in a year the nft giant could fall

in #hive-1679222 years ago

Last September, the video game had just 700,000 players, but at the beginning of the year it exceeded 2 million.

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The popular NFT-based blockchain video game Axie Infinity no longer seems to be as appealing to the community of gamers around it as it was in the past.

Since,According to the statistics website Activeplayer.io, which provides a real-time player count, the number of Axie Infinity players dropped by 60% between September 2021 and the same month this year.

In September 2021, the video game had 1,900,000 players, while last September it closed with 700,000 players.

The highest number of active players in Axie Infinity was reached in January of this year with 2,780,000. As of that month it descended consecutively until reaching the current figures.

These figures were collected from various online sources.

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Image obtained from activeplayer.io

Axie Infinity went viral in the midst of the pandemic during 2020, due to its play to earn game mode, which allows you to win cryptocurrencies, which for many was a relief in a context of paralysis of the world economy.

However, that same popularity brought with it a series of consequences that affected the economy of the video game in 2021. The price of one of the Ethereum-based game tokens, the Smooth Love Potion (SLP), was affected by the increase in the number of users, decaying to the current price of $0.003303. While, in May 2021 it had a maximum value of $0.37

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The amount of SLP in circulation generates high inflation for that token due to the growth of daily users who enter the game just to obtain a token, in addition to other factors, which have led the game to lose strength among players and popularity. of NFTs also declines.

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This is interesting, I am also suprised how hive has been suspended on binance. Seems this isn't a favorable season for Crypto enthusiast. Thanks for sharing

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