ราคา กราฟ มูลค่าตลาด และตัวเลขอื่น ๆ ของ Smooth Love Potion SLP
Just like with any other asset, the price action of Smooth Love Potion is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of SLP. The market capitalization of Smooth Love Potion can change significantly in a short period of time. Smooth Love Potion’s 50-day SMA (simple moving average) is currently . The slp coin forum 50-day SMA indicates the average price of Smooth Love Potion over a 50-day period.
- This limit exists in order to prevent hyperinflation in the marketplace.
- This time, the players could start earning DGX, the value of which is tied to the price of gold.
- 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.
- As of Sep 02, Smooth Love Potion has a market capitalization of $61.2 Million and is ranked #441 among all cryptocurrencies.
- Smooth Love Potion (SLP) is a cryptocurrency token built on top of Solana platform.
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To breed one Axie, the cost of SLP went from 600 to 6,300 SLPs for six Axies. In the months that followed, the SLP token saw similar spikes but has been in a bearish trend since the end of July 2021. When trying to make a Smooth Love Potion forecast, many traders also try to monitor the activity of SLP “whales”, which are entities and individuals that control large amounts of SLP. Since the Smooth Love Potion market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Smooth Love Potion’s price movements. Based on multiple technical quantitative indicators, the current forecast for Smooth Love Potion in 2025 is bearish.
Axie Infinity lets you buy, battle and breed adorable monsters and profit with the Smooth Love Potion (SLP) token. However, following its impressive success, the game has been failing since July 2021. 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. 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. SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies.
- Axies can be collected, raised, trained, and used for battles within the Axie Infinity universe.
- Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP.
- However, since its peak in July 2021, the token has been plagued by a bearish trend, which is not likely to change in the first half of 2022.
- A rising Smooth Love Potion 200-day SMA indicates a positive long-term trend.
- Players can collect, raise, breed, battle, and trade token-based creatures called Axies within the Axie Infinity Universe.
Let’s try to find an answer to this question in our Smooth Love Potion crypto price prediction. Before we proceed to the discussion of the price prediction of SLP, let’s look back at its history. Smooth Love Potion (SLP) was launched at the beginning of January 2020. 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. Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of Smooth Love Potion (SLP) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins.
It’s fairly unusual for in-game currency to be listed on exchanges like SLP has. In a way, it’s like Nintendo deciding to tie monetary value to the coins used in Super Mario. Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. Wondering if someone can ‘explain to me like I’m five’ why there is such a price difference in conversions with Slp.
Over the past 90 days, the price of SLP has fluctuated between a minimum average price of $0.002 and a maximum average price of $0.002, with a price change of around 21.11%. The situation started to look hopeful in February 2022, following Axie Infinity’s major update announcement. The improvement included the interface update, better storylines, and game mechanics.
The 50-day SMA is calculated by adding together Smooth Love Potion’s closing prices in the last 50 days, and dividing the total by 50. Players can collect, raise, breed, battle, and trade token-based creatures called Axies within the Axie Infinity Universe. Each Axie is a unique NFT that can be bred to produce more Axies or traded through an in-game P2P Axie marketplace. The increased SLP price strengthened our narrative of play to earn and brought many new eyes to our ecosystem.
Smooth Love Potion Price
This time, the players could start earning DGX, the value of which is tied to the price of gold. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the SLP price moves above any of these averages, it is generally seen as a bullish sign for Smooth Love Potion.
The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The SLP token doesn’t have a maximum supply as it’s an in-game token minted due to users’ actions. Its circulating supply continuously varies because SLP tokens are generated from in-game activities and burned when new Axies are created from the breeding process. Generally speaking, SLP’s price won’t rise higher than $1 in one or five years. The token has a good use case, well-designed tokenomics and a solid team behind it.