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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What is SLP value?

SLP Price Statistics Smooth Love Potion Price$0.02168Trading Volume24h$1,460,597,907.41 732.76%Volume / Market Cap12.76Market Dominance0.01%Market Rank#367Smooth Love Potion price today, SLP to USD live, marketcap and chart coinmarketcap.com › currencies › smooth-love-potion

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What is SLP coin?

Smooth Love Potion (SLP) is an ERC-20 token that is the in-game asset of the popular blockchain-based gaming metaverse Axie Infinity . In this game, players collect unique digital pets called Axies — represented by non-fungible tokens (NFTs) — which they can breed, sell, or deploy in battle against other players.

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What is SLP price?

SLP Price Statistics Smooth Love Potion Price$0.02253Trading Volume24h$720,173,293.54 285.92%Volume / Market Cap6.06Market Dominance0.01%Market Rank#352Smooth Love Potion price today, SLP to USD live, marketcap and chart coinmarketcap.com › currencies › smooth-love-potion

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Will SLP price go down?

The site’s projection was that SLP to USD could trade down to $0.00279 by this time next year and by 2027, the price could fall to $0.00143 , the data showed. Gov Capital’s SLP coin price prediction suggested that the price could fall effectively zero by February next year.

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