Do you remember the chain game boom of 2021? Gold farming studios flooded into the market, and AXS was the top dog at that time, still considered a benchmark for blockchain games today. But that period was filled with painful lessons—how many people got cut in the final fate of Farmer’s World? Spacecraft games and card-collecting games like BNB Heroes promised high returns, but they disappeared in less than a week. Now AXS has fallen to just over $2, and comparing it to its all-time high, many people are lamenting the cost of chasing peaks.
The blockchain game track hasn't completely cooled off. If you're optimistic about restarting in this direction, YGG is a noteworthy project to watch. As a leading gaming guild, its movements often reflect the true market sentiment. When choosing a coin, it still comes down to fundamentals—don't be blinded by short-term gains.
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PseudoIntellectual
· 01-20 15:09
The farming world is truly amazing, and there are still people talking about fundamentals, it's hilarious.
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AXS has fallen from its high to 2 yuan, and my friends are definitely on the loss list this time.
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YGG? Another so-called leader, I just want to know who will cut whom in the next round.
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The cycle of blockchain game hype keeps repeating, I've had enough after losing once.
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Don't mention chasing highs, I really paid a lot of tuition fees back in 2021.
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High yield promises? I've been hearing that for three years and still do.
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What's the use of good fundamentals? Still falling to 💀.
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Is there anything special about YGG? Feels like the same old story with a different flavor.
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If I enter the blockchain game again this time, my brain must be waterlogged.
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Let's wait and see, I have a feeling there's a second wave of cuts coming.
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GasDevourer
· 01-20 11:32
The wave in Farmer's World is really brutal; the gold farmers I know have just given up.
AXS has fallen from its peak to this level; YGG is definitely worth watching.
But to be honest, blockchain games are still too easy to cut the leeks.
View OriginalReply0
StablecoinArbitrageur
· 01-19 19:27
actually if you run the numbers on axs collapse trajectory, the drawdown from peak to current sits around 99.7%—textbook case of fundamentals divorce from hype cycle. ygg thesis is interesting though, guild dynamics create natural liquidity sinks that pure play tokens lack. correlation between guild revenue and token floor price has maintained 0.73 basis historically.
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ChainChef
· 01-17 16:55
lol the recipe for 2021 gamefi was literally just hype + rug seasoning, AXS went from caviar to instant ramen real quick. YGG's got more substance tho, that guild infrastructure actually simmers instead of evaporating like axie's liquidity did
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Ser_Liquidated
· 01-17 16:39
Farmers World was really tough back then, luckily I didn't go all-in haha
AXS dropped from its high point to $2, this is the result of chasing the top, right?
YGG is indeed worth watching; the guild logic still holds.
Currently, choosing coins based solely on price increase can easily lead to being cut, so I need to analyze the fundamentals.
Is blockchain gaming dead? Let's see if there will be new stories later.
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ProbablyNothing
· 01-17 16:34
Farmers World really took a huge loss that wave, luckily I didn't go all in at the time
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AXS dropped from a high of over 2 dollars, this is the result of chasing the high
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YGG is definitely worth watching, after all, it's the leading guild, much more reliable than those flashy games
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The trap of chain games is a bit deep, fundamentals are the key, don't be fooled by the price surges
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Honestly, the BNB Hero wave was a complete rug pull, I've seen this kind of disappearance in a week many times
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Those still daring to go all in on chain games now probably have a lot of confidence in their risk tolerance
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YGG's movements really reflect the market temperature, this logic is solid
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Those chasing the high are cannon fodder, have you learned your lesson
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ResearchChadButBroke
· 01-17 16:28
The wave in Farmer's World really resulted in total loss, luckily I got out early.
AXS dropped from hundreds of dollars to $2, this is the result of chasing the high.
YGG is indeed the leader of guilds, but it depends on whether there will be blockbuster games in the future.
In the blockchain game industry, fundamentals are the key; don't be fooled by the price surges.
In 2021, how many people were lured into high returns and got rekt?
Looking at YGG now, it depends on whether it can find the next Axie.
Bottom-fishing mentality is very risky, and prices may continue to decline.
Honestly, the blockchain gaming sector is still in the money-burning stage, so be cautious.
Do you remember the chain game boom of 2021? Gold farming studios flooded into the market, and AXS was the top dog at that time, still considered a benchmark for blockchain games today. But that period was filled with painful lessons—how many people got cut in the final fate of Farmer’s World? Spacecraft games and card-collecting games like BNB Heroes promised high returns, but they disappeared in less than a week. Now AXS has fallen to just over $2, and comparing it to its all-time high, many people are lamenting the cost of chasing peaks.
The blockchain game track hasn't completely cooled off. If you're optimistic about restarting in this direction, YGG is a noteworthy project to watch. As a leading gaming guild, its movements often reflect the true market sentiment. When choosing a coin, it still comes down to fundamentals—don't be blinded by short-term gains.