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 moreWhy is the SLP value 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 moreWhy 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 .
Read moreWill SLP rise?
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
Read moreWill SLP rise up again?
Price Prediction’s SLP prediction was also positive on the outlook for the long-term, projecting that the price of the smooth love potion token could rise from an average of $0.026 in 2022 to an average of $0.08 in 2025 and $0.6 in 2030 .
Read moreWill SLP coin go up?
It is for sure that SLP had a bullish increase in 2021 and at the beginning of 2022, so experts expect that it could reach $0.4002 by the end of the year . If we follow the current fast growth, it could easily go up to $0.1027 or even $0.5 although it is hard to achieve by the end of this year.
Read moreIs smooth love potion legit?
Axie Infinity/Smooth Love Potion Axie infinity is a reverse pyramid scam . They have made a system that rewards the poor and just promises returns to the rich. It also rewards early investors, this is why it is also a Ponzi Scheme.
Read more