Axie Infinity’s monthly player count drops to the lowest numbers since Nov 2020

Axie Infinity’s monthly player count drops to the lowest numbers since Nov 2020

Axie Infinity’s monthly player count has dropped to the lowest recorded number of online players since 2020. Despite the low number of players, Axie’s native token, AXS, has risen by 62% against the American dollar.

Axie Infinity live player numbers decrease tremendously

Axie Infinity, an online non-fungible token-based video game, once had millions of monthly live players, with a peak of 2.78 million in Jan. 2022. A report from statistics shows that the numbers have dropped tremendously, counting 468,805 players in December 2022 and an average of 432,001 players from the beginning of 2023.

Axie has held an average of 2 million players per month for eight months, from October 2021 to May 2022. The monthly average number dropped by 1,202,210 to 958,044 after May 2022. The numbers remained above 700,000 for the next four months but dropped to 556,058 in Nov 2022.

With January not quite over, the numbers are clearly continuing to decline, with the average number of players for the last thirty days being 432,001.

Axie Infinity marketplace

Despite having dropping numbers, the Vietnamese studio Sky Mavis product has recorded $4.26 billion in total NFT sales. The sales exceed most top NFT markets like Rarible, Magic Eden, Atomicmarket, X2Y2, and Looksrare.

Sales on Axie’s Ronin chain also saw a 41% increase over the last 30 days compared to December. The average price of a single NFT was $168.53, the average number of traders was 2,183,053, and the average volume was 4.26 billion dollars. Ronin is the ninth-largest blockchain in sales, with a total of  $1,418,842 over the last 30 days. 

Token pumping

AXS, Axie’s native token, has increased its sales against the American dollar by 62%. Statistics collected over the last two weeks show that the non-fungible token went up 67% against the US dollar. The trading prices for AXS on Jan. 22, 2023, were between $8.95 and $11.84 and gained 24% on Sunday at 4:30 p.m. Eastern Time.

The recent rise, however, has yet to beat the highest high, $164 per unit high, on November 6, 2021. The current sales are at a 93% low compared to November 6, 2021. 

Overall industry comparison

Axie Infinity’s player count is significantly higher than most play-to-earn (P2E) video games. However, compared with mainstream gaming titles, Axie Infinity falls short. An analysis by shows that Overwatch 2 has over 23 million monthly players in the last 30 days.

Call of Duty: Mobile Live Player has recorded 58,502,111 average monthly players during the previous 30 days and 58,001,154 during December 2022. Axie Infinity’s player count occupies a small fraction of these video games with a high number of monthly players. Specifically, Axie’s Dec. 2022 average monthly player count equals 0.01 of Call of Duty’s average monthly player count.

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