After recording $4.26 billion in total Non-Fungible Token (NFT) sales, the Axie Infinity game has seen its monthly player count drop to levels not seen since November 2020, representing a 26-month period. Despite the AXS native token of the project appreciating 62% against the US Dollar over the past 30 days.
Axie Infinity’s Native AXS Token Rises 62% Despite Player Decline
The online video game of the fungible token Axie Infinity had millions of players each month with a peak at 2.78 million in January 2022. According to data from Activeplayer.io, the last 30 days show an average of 432k1 gamers. During December 2022, there were 468,805 players – a number that hasn’t been seen since two years ago.
For an 8-month period from October 2021 until May 2022, there were 2 million players per month. After May, the monthly average dropped to 958,044, a reduction of 1,202,210 from the previous month. For the following four months, the monthly player count was around 700,000, and in November 2022 it was 556,058.