![]() Smooth Love Potion (SLP) Price AnalysisĪt the time of writing this SLP price prediction article on, the token's price was $0.01269, with a 24-hour trading volume of $224,577,956. Will further updates bring more investors in? Let's try to find an answer to this question in our Smooth Love Potion crypto price prediction. ![]() The improvement included the interface update, better storylines, and game mechanics. The situation started to look hopeful in February 2022, following Axie Infinity's major update announcement. However, following a few changes in the game's mechanics, the rewards started to fall, which resulted in the token's price drop. Many turned to the game as a source of income. As Covid-19 hit, many users lost their jobs and had to stay at home and look for new money-making opportunities. Such a whopping price drop can be easily explained by Axie Infinity starting to lose its target audience. In January 2022, the token's price fell even further to $0.01. In September 2021, the token's price reached the $0.10 mark. On 14 July 2021, the userbase reached 24,619 daily players, and the number of transactions reached 37,284.įollowing its success, the SLP token started to lose its value. As a result, Axie Infinity's daily users and transactions almost tripled from 1 to 14 July. It made the platform more popular among users. The Smooth Love Potion (SLP) token's price came close to its all-time high on 13 July 2021, reaching $0.40. July 2021 was the most active month for Axie Infinity. The SLP value stayed roughly at the same level next month. Still, the token could not maintain its price and fell to $0.13 on. The update allowed players to use the network for breeding, token claiming, and running transactions in the marketplace. The token's price started to grow right after Ronin's update, as part of which users were allowed to migrate their Axies to the Ethereum sidenet. However, SLP price reached its all-time high value of $0.41 on. The token's value fell to $0.03 on 24 April 2021. ![]() It included a new battle system and a marketplace upgrade. The token's price broke past $0.10 on 15 March 2021, the day when Axie Infinity tweeted about new projects it was working on. Smooth Love Potion (SLP) was launched at the beginning of January 2020. Axies can only breed up to seven times in an effort to stop inflation.īefore we proceed to the discussion of the price prediction of SLP, let's look back at its history. There is a limit to the number of times Axies can be bred. ![]() Depending on how many Axies you breed, the cost of tokens starts at 100 SLP. Players can use the token for breeding new Axies. It's an ERC-20 token that players can earn by completing daily quests and battles with Axies. That's where the Smooth Love Potion (SLP) comes into play. These are non-fungible tokens that users can battle, breed and trade. As part of the game, players collect creatures called Axies. Inspired by the success of Pokémon, Axie Infinity launched its own game that allowed players to own their items and make real profit. Can the token strengthen its position and grow in value with the release of the new Axie Infinity update? Let's try to forecast the token's future in our SLP price prediction article. As a result, the SLP token has been on a bearish trend since then, having lost 97% of its value since the all-time high in July 2021. However, following its impressive success, the game has been failing since July 2021. Many people have turned to Axie Infinity as a new source of income, where the Smooth Love Potion (SLP) token is given as a reward to users playing the game, and they can spend it on breeding new creatures. Collected tokens are then used to create additional Axies, which can be sold or traded.Axie Infinity lets you buy, battle and breed adorable monsters and profit with the Smooth Love Potion (SLP) token. Different gameplay elements offer users different tokens - battle gameplay provides players with Smooth Love Potion (SLP) tokens, while tournament gameplay provides players with AXS.Īxie Infinity players can stake AXS within the Axie Infinity ecosystem to earn rewards, participate in decentralized governance, or trade Axie Infinity assets on the Axie NFT marketplace.ĪXS is a critical element of the Axie Infinity gameplay loop that can be used to breed new Axies, which can be used in battles to collect both AXS and SLP tokens. Axie Infinity price is updated live on Binance.Īxie Infinity gameplay focuses on collecting Axies, NFT-based digital pets that can be used to battle other players. Axie Infinity Shards, or AXS, are a settlement token used within the Axie Infinity ecosystem to purchase in-game NFT assets. Axie Infinity is a highly popular play-to-earn (P2E) game that allows players to earn blockchain-based tokens through gameplay.
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