Axie Infinity: Roadmap, Metrics, Price… Decode how this update will affect AXS

  • Axie Infinity has launched an initiative that will see it gradually move towards decentralization
  • Implementation of the roadmaps for this year does not appear feasible as we enter the final stretch of the fourth quarter

The past few months have been mixed Acce Infinity, one of the most popular games for making money. However, a new discovery indicates that Axie Infinity is planning to move towards decentralization. By doing so, he would also hand over control of the government to the people. Is this current direction an indication of where the roadmap is and how far along the process is?

Read Axie Infinity’s [AXS] Price forecast 2023-2024

City builders and contributors

Plans to ensure that Axie Infinity eventually moves towards decentralization were already underway, as hinted at early general. In a recent tweet on Dec. 5, Axi advertiser It initiated the step towards progressive decentralization.

According to her official The statement, “Town Builders” was officially established. As you can see Axie, the city builders laid the foundation for civil rule.

tog It also released a new feature it calls Axie Contributors. Members of this group will engage in discussions led by city planners, network with other participants, and experience different models of community leadership.

City builders and donors will collaborate to create a plan that will pave the way for community governance.

Are you moving forward with the roadmap?

This latest step was a step in the right direction towards achieving the milestones for the Axie, but progress on this year’s roadmap appears to have stalled. looking through White papers As we approach the end of the fourth quarter of 2022 we have revealed that no plan has been implemented this year.

However, the slow implementation may be due to the general trend in the cryptocurrency and NFT ecosystem. But tog It was criticized for being too expensive and needing more features to attract a wider audience.

The sizes are decreasing but the price is going up

According to statistics from active player, Axie has seen a decrease in the number of actively playing players. Over 468,000 people have played the game in the last 30 days. In addition, it was noted that the number of players was lower than in the last 30 days, which decreased by more than 87,000.

In general, this seems to have had an effect on AXS, the original Axie code. AXS holders have now lost money, according to the Santiment Market Value Realized Value (MVRV) index.

MVRV stats show that AXS has lost 12.84% of its value in the last 30 days. As a result, the token holders who bought it in the last 30 days held a loss of more than 12%.

Source: feeling

Additionally, Santiment’s daily active users showed a decrease in user count. It was evident from the graphs that the number of daily users has been declining lately. This is in addition to the fact that the number was really low, with only 314 users watching it.

Active Daily AXS Drives

Source: feeling

Based on the position of the line on the Relative Strength Index (RSI), the coin appears to be in an upward trend. The RSI line was above the neutral line and is still moving north towards the overbought territory.

Moreover, in line with the RSI, the Directional Movement Index (DMI) also showed an upward trend. There was a strong bullish trend for the symbol as evidenced by the signal and the DI lines that were posted above 20.

AXS price

Source: TradingView

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