AXS, has significant potential, citing its price increase from $4.50 to nearly $13 despite initial doubts. Many critics previously considered AXS to be a failure, but its growth has proven them wrong. AXS could reach $200 during the peak of a bull run, emphasizing that this isn’t financial advice but a reflection of optimism about the project's future.
Axie Infinity remains one of the most popular blockchain games, with over 340,000 active players in the past month. The speaker notes that despite criticisms, particularly about the game's graphics, Axie Infinity's fun factor keeps players engaged. He draws comparisons to games like Minecraft and Roblox, which also don't have the best graphics but are highly popular due to their gameplay. Axie Infinity’s strong community and functional platform make it a contender in the blockchain gaming space, even with competitors offering better graphics.
Potential of the blockchain gaming and NFT markets, predicting significant growth by 2030. According to Grand View Research, these markets could surpass a combined value of $500 billion, providing a solid foundation for projects like Axie Infinity. The speaker believes that despite a downturn since 2021, the industry is poised for a major comeback, similar to how people rebound after difficult times
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