Will SLP price rise again?

It estimates SLP to reach $0.047 in 2024 and $0.098 in 2026 . Its Smooth Love Potion price prediction for 2030 expects it to rise to $0.41. DigitalCoin forecasts this growth to be slower. Its SLP price prediction expects the coin to rise to around $0.02 this year, climbing to $0.03 in 2025.16 Mar 2022

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Why is SLP token dropping?

Its users, transactions and SLP started falling after the end of July and did not stop. During September it had stooped below the $0.10 mark and it dropped even further to $0.01 in January 2022. Axie Infinity’s slump has been attributed to losing its main demographic in developing countries, such as the Philippines .

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Why is the SLP 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.

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Is SLP a good coin to buy?

Its SLP price prediction expects the coin to rise to around $0.03 this year, climbing to $0.04 in 2024 and $0.05 in 2025. The site predicts SLP to eventually reach $0.11 in 2030. Axie Infinity has popularised the innovative play-to-earn gaming model. The platform enjoyed great success in July 2021 .16 Mar 2022

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