Axie Infinity Price Prediction

Axie Infinity (AXS)

Table of Content

    Axie Infinity Overview

    • Axie Infinity Price

      $7.31

    • Axie Infinity Price Change 24h

      3.58%

    • Axie Infinity Price Change 7d

      13.82%

    • Axie Infinity Market cap

      $965,188,303.88

    • Axie Infinity Circulating Supply

      132,040,367 AXS

    • Axie Infinity Max Supply

      270,000,000 AXS

    • Axie Infinity Rank

      #63

    • Axie Infinity Volume 24h

      $148,043,617.18

    • Axie Infinity Volume Change 24h

      23.62%

    • Axie Infinity Price Change 30d

      24.28%

    • Axie Infinity Price Change 60d

      63.11%

    • Axie Infinity Price Change 90d

      60.89%

    • Axie Infinity Market Cap Dominance

      0.06%

    • Our real-time AXS to USD price update shows the current Axie Infinity price as $7.31 USD.

    • Based on our latest Axie Infinity price prediction, we anticipate an increase of 5.40% in the AXS price, potentially rising to $7.70 by January 8, 2024.

    • Our examination of current technical indicators reveals that market sentiment is leaning 28% Bearish and 72% Bullish, with a corresponding Fear & Greed Index score of 72 (Greed), indicating greed in the market.

    • Over the last 30 days, Axie Infinity has had 16/30 (53%) green days and 15.34% price volatility.

    Axie Infinity Price Prediction for the next 30 days

    • December 8 2023

      Predicted

      $7.22 Predicted 1.18%

    • December 9 2023

      Predicted

      $7.17 Predicted 1.92%

    • December 10 2023

      Predicted

      $7.15 Predicted 2.24%

    • December 11 2023

      Predicted

      $7.20 Predicted 1.48%

    • December 12 2023

      Predicted

      $7.18 Predicted 1.77%

    • December 13 2023

      Predicted

      $7.28 Predicted 0.36%

    • December 14 2023

      Predicted

      $7.40 Predicted 1.29%

    • December 15 2023

      Predicted

      $7.30 Predicted 0.19%

    • December 16 2023

      Predicted

      $7.33 Predicted 0.32%

    • December 17 2023

      Predicted

      $7.25 Predicted 0.85%

    • December 18 2023

      Predicted

      $7.29 Predicted 0.21%

    • December 19 2023

      Predicted

      $7.29 Predicted 0.27%

    • December 20 2023

      Predicted

      $7.42 Predicted 1.47%

    • December 21 2023

      Predicted

      $7.50 Predicted 2.65%

    • December 22 2023

      Predicted

      $7.51 Predicted 2.75%

    • December 23 2023

      Predicted

      $7.55 Predicted 3.23%

    • December 24 2023

      Predicted

      $7.46 Predicted 2.10%

    • December 25 2023

      Predicted

      $7.51 Predicted 2.80%

    • December 26 2023

      Predicted

      $7.56 Predicted 3.45%

    • December 27 2023

      Predicted

      $7.45 Predicted 1.88%

    • December 28 2023

      Predicted

      $7.33 Predicted 0.29%

    • December 29 2023

      Predicted

      $7.47 Predicted 2.25%

    • December 30 2023

      Predicted

      $7.46 Predicted 2.09%

    • December 31 2023

      Predicted

      $7.54 Predicted 3.21%

    • January 1 2024

      Predicted

      $7.60 Predicted 3.94%

    • January 2 2024

      Predicted

      $7.62 Predicted 4.19%

    • January 3 2024

      Predicted

      $7.76 Predicted 6.14%

    • January 4 2024

      Predicted

      $7.65 Predicted 4.71%

    • January 5 2024

      Predicted

      $7.78 Predicted 6.45%

    • January 6 2024

      Predicted

      $7.69 Predicted 5.17%

    • January 7 2024

      Predicted

      $7.66 Predicted 4.75%

    Axie Infinity Prediction Table

    • Year

      Minimum Price

      Average Price

      Maximum Price

    • 2023

      $7.14

      $7.36

      $7.56

    • 2024

      $7.43

      $9.78

      $12.63

    • 2025

      $10.88

      $12.54

      $14.88

    • 2026

      $13.70

      $19.73

      $28.97

    • 2027

      $23.12

      $32.72

      $42.38

    • 2028

      $31.82

      $40.22

      $52.15

    • 2029

      $40.18

      $47.00

      $57.92

    • 2030

      $53.47

      $63.48

      $72.76

    • 2031

      $69.12

      $81.24

      $95.52

    • 2032

      $95.91

      $123.65

      $157.98

    • 2033

      $156.90

      $193.26

      $239.84

    Axie Infinity Historical

    Based on the newest data collected, Axie Infinity’s current price is $7.31, and it retains its #63 rank in the entire crypto ecosystem. The market capitalization for Axie Infinity is $965,188,303.88, with a circulating supply comprising 132,040,367 AXS.

    Over the last 24 hours, the cryptocurrency has seen an increase of 3.58%.

    Over the past 7 days, AXS has experienced a good upward trend, increasing by 13.82%. Axie Infinity has demonstrated strong potential recently and presents a great investment opportunity.

    During the last month, the price of AXS has increased by 24.28%, adding an average amount of $9.08 to its current value. This growth indicates a positive trend, making it an attractive option for potential investors.

    Axie Infinity Price Forecasts

    • December 2023

      $7.36

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      0.65%
    • January 2024

      $7.70

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      5.40%
    • February 2024

      $8.10

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      10.84%
    • March 2024

      $8.35

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      14.23%
    • April 2024

      $8.68

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      18.71%
    • May 2024

      $9.57

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      30.91%
    • June 2024

      $10.37

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      41.82%
    • July 2024

      $10.26

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      40.29%
    • August 2024

      $8.93

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      22.18%
    • September 2024

      $10.15

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      38.79%
    • October 2024

      $11.71

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      60.22%
    • November 2024

      $12.16

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      66.29%
    • December 2024

      $11.39

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      55.78%
    • January 2025

      $11.89

      Potential ROI

      Return on investment (ROI) tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.

      ROI Formula = ( Current Value of Investment – Cost of Investment ) / Cost of Investment.

      Learn more in our ROI wiki.

      62.72%

    Axie Infinity Price Prediction This Year

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2023, the minimum AXS price might drop to $7.14, while its maximum can reach $7.56. On average, the trading cost will be around $7.36.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • December 2023

      $7.14

      $7.36

      $7.56

    Axie Infinity Price Prediction Next Year

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2024, the minimum AXS price might drop to $7.43, while its maximum can reach $12.63. On average, the trading cost will be around $9.78.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2024

      $7.43

      $7.70

      $7.94

    • February 2024

      $7.91

      $8.10

      $8.44

    • March 2024

      $8.15

      $8.35

      $8.55

    • April 2024

      $8.20

      $8.68

      $9.33

    • May 2024

      $9.00

      $9.57

      $10.11

    • June 2024

      $9.82

      $10.37

      $11.08

    • July 2024

      $9.60

      $10.26

      $10.74

    • August 2024

      $8.60

      $8.93

      $9.43

    • September 2024

      $9.18

      $10.15

      $11.05

    • October 2024

      $10.97

      $11.71

      $12.34

    • November 2024

      $11.85

      $12.16

      $12.63

    • December 2024

      $11.04

      $11.39

      $11.99

    Axie Infinity Price Prediction by 2025

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2025, the minimum AXS price might drop to $10.88, while its maximum can reach $14.88. On average, the trading cost will be around $12.54.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2025

      $11.43

      $11.89

      $12.64

    • February 2025

      $12.34

      $12.72

      $13.19

    • March 2025

      $11.86

      $12.22

      $12.50

    • April 2025

      $10.93

      $11.72

      $12.29

    • May 2025

      $10.97

      $11.30

      $11.73

    • June 2025

      $11.58

      $12.73

      $13.20

    • July 2025

      $11.83

      $12.52

      $13.22

    • August 2025

      $10.88

      $11.54

      $12.15

    • September 2025

      $11.44

      $12.33

      $13.12

    • October 2025

      $13.40

      $14.01

      $14.41

    • November 2025

      $13.44

      $13.87

      $14.61

    • December 2025

      $12.92

      $13.66

      $14.88

    Axie Infinity Price Prediction by 2026

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2026, the minimum AXS price might drop to $13.70, while its maximum can reach $28.97. On average, the trading cost will be around $19.73.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2026

      $13.70

      $14.19

      $14.71

    • February 2026

      $14.37

      $15.12

      $15.83

    • March 2026

      $15.87

      $16.47

      $17.03

    • April 2026

      $15.60

      $16.45

      $16.94

    • May 2026

      $14.60

      $15.38

      $16.01

    • June 2026

      $15.50

      $16.29

      $17.07

    • July 2026

      $16.58

      $18.38

      $20.30

    • August 2026

      $19.92

      $20.73

      $21.82

    • September 2026

      $21.84

      $23.43

      $24.64

    • October 2026

      $24.35

      $27.11

      $28.19

    • November 2026

      $26.73

      $28.08

      $28.97

    • December 2026

      $23.45

      $24.88

      $26.99

    Axie Infinity Price Prediction by 2027

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2027, the minimum AXS price might drop to $23.12, while its maximum can reach $42.38. On average, the trading cost will be around $32.72.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2027

      $23.29

      $23.93

      $24.53

    • February 2027

      $23.12

      $23.83

      $24.43

    • March 2027

      $23.80

      $25.18

      $26.61

    • April 2027

      $24.61

      $25.53

      $27.29

    • May 2027

      $26.42

      $28.15

      $29.43

    • June 2027

      $29.21

      $31.19

      $33.73

    • July 2027

      $33.35

      $35.73

      $38.56

    • August 2027

      $37.09

      $38.38

      $40.24

    • September 2027

      $38.35

      $39.03

      $40.13

    • October 2027

      $36.36

      $38.72

      $41.80

    • November 2027

      $39.53

      $41.08

      $42.38

    • December 2027

      $39.74

      $41.17

      $41.89

    Axie Infinity Price Prediction by 2028

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2028, the minimum AXS price might drop to $31.82, while its maximum can reach $52.15. On average, the trading cost will be around $40.22.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2028

      $36.33

      $37.86

      $41.34

    • February 2028

      $32.95

      $34.81

      $36.75

    • March 2028

      $32.62

      $34.65

      $36.61

    • April 2028

      $31.82

      $33.23

      $34.27

    • May 2028

      $32.09

      $33.35

      $35.00

    • June 2028

      $34.93

      $38.44

      $42.39

    • July 2028

      $39.53

      $40.88

      $42.14

    • August 2028

      $40.51

      $42.11

      $43.87

    • September 2028

      $41.57

      $43.08

      $45.11

    • October 2028

      $43.01

      $46.25

      $48.00

    • November 2028

      $47.48

      $50.51

      $52.15

    • December 2028

      $45.74

      $47.30

      $50.18

    Axie Infinity Price Prediction by 2029

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2029, the minimum AXS price might drop to $40.18, while its maximum can reach $57.92. On average, the trading cost will be around $47.00.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2029

      $43.12

      $44.68

      $46.20

    • February 2029

      $40.85

      $42.81

      $45.28

    • March 2029

      $40.18

      $41.59

      $43.71

    • April 2029

      $42.74

      $46.10

      $49.21

    • May 2029

      $46.98

      $48.85

      $50.84

    • June 2029

      $49.04

      $50.81

      $52.10

    • July 2029

      $46.71

      $49.66

      $51.83

    • August 2029

      $44.40

      $45.98

      $48.61

    • September 2029

      $42.80

      $43.91

      $45.27

    • October 2029

      $44.49

      $46.89

      $48.19

    • November 2029

      $47.59

      $49.19

      $50.73

    • December 2029

      $48.50

      $53.21

      $57.92

    Axie Infinity Price Prediction by 2030

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2030, the minimum AXS price might drop to $53.47, while its maximum can reach $72.76. On average, the trading cost will be around $63.48.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2030

      $57.79

      $60.77

      $63.77

    • February 2030

      $57.16

      $60.73

      $64.86

    • March 2030

      $53.47

      $57.12

      $60.62

    • April 2030

      $55.01

      $56.73

      $58.02

    • May 2030

      $55.78

      $59.03

      $63.51

    • June 2030

      $63.83

      $66.35

      $68.72

    • July 2030

      $66.43

      $68.40

      $71.83

    • August 2030

      $66.53

      $69.03

      $72.76

    • September 2030

      $65.20

      $69.59

      $72.65

    • October 2030

      $61.18

      $63.77

      $66.93

    • November 2030

      $62.10

      $63.83

      $65.82

    • December 2030

      $61.46

      $66.16

      $71.63

    Axie Infinity Price Prediction by 2031

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2031, the minimum AXS price might drop to $69.12, while its maximum can reach $95.52. On average, the trading cost will be around $81.24.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2031

      $69.12

      $72.05

      $74.92

    • February 2031

      $71.83

      $74.21

      $76.82

    • March 2031

      $71.62

      $74.09

      $77.97

    • April 2031

      $75.15

      $77.72

      $79.72

    • May 2031

      $77.11

      $79.21

      $81.85

    • June 2031

      $79.17

      $83.30

      $88.02

    • July 2031

      $76.66

      $82.47

      $89.10

    • August 2031

      $78.90

      $82.57

      $88.35

    • September 2031

      $84.63

      $88.32

      $92.65

    • October 2031

      $81.42

      $87.53

      $94.92

    • November 2031

      $81.61

      $83.56

      $85.26

    • December 2031

      $84.04

      $89.37

      $95.52

    Axie Infinity Price Prediction by 2032

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2032, the minimum AXS price might drop to $95.91, while its maximum can reach $157.98. On average, the trading cost will be around $123.65.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2032

      $95.91

      $100.17

      $105.20

    • February 2032

      $101.35

      $105.78

      $107.99

    • March 2032

      $97.28

      $100.24

      $103.48

    • April 2032

      $97.78

      $108.80

      $114.67

    • May 2032

      $112.51

      $116.47

      $120.31

    • June 2032

      $107.01

      $110.80

      $114.25

    • July 2032

      $109.62

      $118.36

      $129.43

    • August 2032

      $129.00

      $134.50

      $138.71

    • September 2032

      $139.23

      $144.52

      $150.03

    • October 2032

      $141.98

      $146.27

      $150.71

    • November 2032

      $141.94

      $145.97

      $148.94

    • December 2032

      $144.33

      $151.28

      $157.98

    Axie Infinity Price Prediction by 2033

    The experts in the field of cryptocurrency have analyzed the prices of Axie Infinity and their fluctuations during the previous years. It is assumed that in 2033, the minimum AXS price might drop to $156.90, while its maximum can reach $239.84. On average, the trading cost will be around $193.26.

    • Month

      Minimum Price

      Average Price

      Maximum Price

    • January 2033

      $156.90

      $163.55

      $171.04

    • February 2033

      $164.86

      $171.33

      $177.70

    • March 2033

      $166.86

      $170.22

      $175.45

    • April 2033

      $177.97

      $189.75

      $200.46

    • May 2033

      $184.45

      $191.50

      $199.44

    • June 2033

      $177.27

      $183.15

      $187.42

    • July 2033

      $180.00

      $188.04

      $194.79

    • August 2033

      $191.16

      $197.06

      $209.55

    • September 2033

      $205.02

      $223.67

      $239.84

    • October 2033

      $215.87

      $224.46

      $233.47

    • November 2033

      $205.83

      $217.95

      $233.82

    • December 2033

      $226.02

      $227.11

      $228.16

    AXS Price Prediction Disclaimer

    The information on our website is for general knowledge only and not financial or legal advice. Conduct your own research and consult a financial advisor before making investment decisions in cryptocurrency trading.

    Axie Infinity Overview

    Axie Infinity, a standout in the blockchain gaming world, is gaining momentum. AXS stands out for its fun and interactive gameplay, inspired by popular games like Pokémon and Tamagotchi.

    If you hold Axie Infinity (AXS) or are considering buying some, you might wonder what the future holds for this digital asset. We’ll look at AXS’s price prediction for 2024 – 2025 and all the way to 2030.

    Let’s dive into its promising price prediction!

    Price Prediction for Axie Infinity: 2024, 2025, and 2030

    As per our insights, the future of Axie Infinity (AXS) looks promising.

    In 2024, we anticipate the average trading price to be around $8.74, with a minimum of $5.73 and a maximum price of $12.45, potentially doubling your price in just a year if you buy in late 2023.

    As we move into 2025, the trading price is expected to average $13.88, not falling below $11.15 and reaching a peak at $21.42, with a potential increase of 240% if you buy as of late 2023.

    Looking further into 2030, a substantial increase is predicted, with the average price estimated at about $36.95, the low around $29.89, and the maximum price potentially reaching $52.00, which could mean a whopping of 726% ROI if you invest as of late 2023.

    Axie Infinity Price Prediction 2024-2031

    Price Prediction for Axie Infinity 2024-2031

    Factors Influencing Axie Infinity Price Prediction

    Several factors play a role in shaping the future of AXS prices. These include supply and demand dynamics, influenced by updates like block reward halvings, hard forks, or new protocol launches.

    External factors like regulations, adoption trends, exchange hacks, and actions by large-scale holders or whales also significantly impact the market. The balance between these elements determines AXS trajectory.

    Axie Infinity Price History

    Axie Infinity (AXS) has experienced a dynamic price history marked by significant milestones and fluctuations. The journey of AXS’s value began with its initial price set at $0.10 during its launch period from November 2 to November 4, 2020.

    This modest beginning was typical for new cryptocurrencies, reflecting the initial uncertainty and exploration by investors and gamers.

    The token’s value saw significant changes over time. Axie Infinity’s all-time high was recorded at $163.89 on November 6, 2021. This peak highlighted the growing popularity of Axie Infinity in the blockchain gaming world and the potential of its unique proposition.

    However, like many cryptocurrencies, AXS also experienced substantial volatility. It recorded its all-time low at $0.124080 on November 6, 2020, just a year before its peak, illustrating the high-risk, high-reward nature of crypto investments.

    Throughout its history, the increase in Axie Infinity’s user base, which once saw over a million users, has been a crucial factor in its price dynamics. The community growth, coupled with regular updates and expansions to the game, has kept the platform engaging and relevant.

    What is Next for Axie Infinity?

    Axie Infinity is not just a game, it’s a growing ecosystem. The platform plans numerous updates, including AXS staking and integration with app stores, aiming to expand its user base and functionality.

    These developments could further propel the platform’s success, making it more than just a gaming experience.

    Is Axie Infinity a Good Investment?

    While AXS has shown short-term recovery trends in 2023, but the market remains unstable.

    However, for those willing to take risks, AXS offers a unique opportunity in the expanding realm of blockchain gaming. If your here for the long-term, you might see returns near the 7x.

    FAQ

    What is Axie Infinity?

    Axie Infinity is a blockchain game known for its engaging and interactive gameplay, similar to Pokémon and Tamagotchi. It’s gaining popularity in the blockchain gaming world.

    What Makes Axie Infinity Unique?

    Axie Infinity stands out in the blockchain gaming world with its engaging gameplay inspired by Pokémon and Tamagotchi, offering a unique blend of fun and interaction.

    What factors influence Axie Infinity’s price?

    The price of AXS is influenced by supply and demand, updates like block reward halvings, hard forks, regulations, adoption trends, exchange hacks, and actions by large-scale holders or “whales.”

    How has the price of Axie Infinity changed since its launch?

    Axie Infinity started at $0.10 in November 2020. It reached an all-time high of $163.89 in November 2021, but also experienced significant volatility, including an all-time low of $0.124080 in the same year.

    Is investing in Axie Infinity a wise choice?

    AXS could be a good investment for those willing to take risks, especially in the long term. Despite short-term recovery trends in 2023, the market is still unstable, but potential returns could be significant.