Axie players can now cash out their AXS and SLP from Axie Infinity to Coins.ph faster and with lower fees !
Read moreWhy SLP is increasing?
Aside from the announcement, another big factor led to the soaring SLP and AXS prices, Crypto Potato emphasized in a post. This is the growing play-to-earn ecosystem made possible by the Facebook rebranding to Meta that pushes the building of a metaverse .
Read moreWhat is smooth love potion used for?
Smooth Love Potion (SLP) is an ERC-20 token used as a currency in Axie Infinity . Earn the token by completing tasks within the game or breeding new Axies — Pokemon-like creatures you use to fight other players. This shouldn’t be confused with Axie Infinity token (AXS), which is the game’s governance token.
Read moreWhy is SLP price going down?
A recent report in the Financial Times suggested that one key reason for the SLP dip in price was players converting their tokens into cash rather than reinvesting them in the game , contributing to a glut of tokens on the market, weighing on the price.
Read moreDoes SLP coin have a future?
The currency may drop slightly, but no major falls are expected. However, some experts claim that SLP could be worth even $1 next year, while by the end of 2025 it could have a value of $5 . It all depends on changes in the market, the current political situation, and the popularity of the game.10 Mar 2022
Read moreWhy is smooth love potion price going down?
It is important to keep in mind that the price of Smooth Love Potion is completely dependent on the Axie Infinity ecosystem. As more players join the community and start playing the game, the price falls due to the increased minting of the token .2 gün önce
Read moreIs it still good to invest in AXIE?
One quality that makes Axie Infinity a good investment opportunity , is the utility that the token has in powering the game. The game currently has over 2.8 million daily players, with a whopping $3.6 billion of AXS traded in game. As these numbers multiply, AXS coin could rise in value.
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