The Axie Infinity project also falls under the Metaverse category. Due to the Meta tag, the crypto community has huge expectations with Smooth Love Potion tokens. The adoption rate of SLP hinges on Axie Infinity’s popularity.
Who Are the Founders of Smooth Love Potion?
However there is substantial interest in the Philippines for the SLP to PHP price and also in Australia for the SLP to AUD and Europe for the SLP to EUR prices. Nguyen says Axies are different from other non-fungible tokens because of how they need to be nurtured if they are going to have any slp coin forum chance of reaching adulthood. He left his job as a software developer in the U.S. to work on the project.
Its all-time high in May 2021 shows that investor confidence can lead to substantial price surges. Positive trends in blockchain gaming could fuel further interest, possibly driving up the adoption rate and, consequently, the value of SLP. Passing all the logic through blockchain is not realistic for an action game, only for turn-based games. As per the social media posts of CoinGecko, it is a trending coin in many countries. With huge community support, Axie Infinity has the vision to disrupt the Gaming economy through its innovative projects like SLP Coin. Breeding and adding new body parts can produce some unique combinations, which drives Axie NFTs’ prices up, with some of them selling for hundreds of thousands of dollars.
SLP is available to buy from the CEXs and DEXs as listed here. SLP is a popular gaming token and as such, it is available on many leading exchanges, including Binance and Gate.io. The price of SLP will vary depending on the exchange and current market interest. For further price information please refer to the price charts above. Earning SLP via the game can take a considerable amount of time, meaning breeding Axies also takes time. Buying SLP on exchanges offers players the means to overcome this and get ahead in the game.
Smooth Love Potion (SLP) Price Prediction 2025
When you play the Axie Infinity game, you can earn Smooth Love Potion (SLP) tokens. As we have seen in the past a great bull rally or bear rally can thrash all the price predictions in seconds. If more investors choose Smooth Love Potion, the prices of SLP Coin can skyrocket and it may hit its $1 target before our SLP Coin price prediction. Some new listings on premium exchanges may also increase the value of SLP Coin. With up to 2,000x leverage, it’s clear why our traders revel in the market’s most dynamic options to amplify their trading strategies. Strength lies in flexibility, and high leverage can magnify gains for astute traders alert to SLP’s market movements.
- As per our SLP Coin price prediction, it can reach $1 in the next 7 or 8 years.
- SLP tokens represent the experience points earned in battles and quests and must be spent to allow players’ Axies to breed.
- If you are a smart investor and like to make risky investments, Smooth Love Potion can be a great choice.
- This limit exists in order to prevent hyperinflation in the marketplace.
- This SLP Coin price forecast is based on a deep technical analysis and past performance of the Smooth Love Potion.
Contract Source Code Verified (Exact Match)
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.
- Nonetheless, at the time of writing the circulating supply of SLP was in the tens of millions — and this ERC-20 token does not have a hard cap.
- Want to convert the Smooth Love Potion price today to your desired fiat currency?
- Games where you can earn money are cool because they offer a unique opportunity to have fun while also earning some extra cash.
- Smooth Love Potion is a great digital asset with a real use case.
- Add in our robust security measures, and you’ve got a seamless trading experience that’s hard to beat.
How Many Smooth Love Potion (SLP) Coins Are There in Circulation?
Whilst the Axie Infinity ecosystem consists of other tokens (for example the governance token AXS), SLP is the main token used to earn income. Originally named Small Love Potion, it has rebranded to Smooth Love Potion. In Axie Infinity, players build virtual kingdoms for their virtual pets. Considering the real-time nature of your action game, relying solely on blockchain for logic might be impractical, as you mentioned.
Want to convert the Smooth Love Potion price today to your desired fiat currency? When SLP initially launched, it didn’t actually have a fluctuating value as a cryptocurrency. However, this all changed when a liquidity pool for SLP was created on Uniswap. As we mentioned, the Binance Innovation Zone has unveiled support for the Pokémon-inspired game. When it comes to tokenomics, the number of SLP in circulation is rather fluid.
Smooth Love Potion is a great digital asset with a real use case. Nguyen says that he was frustrated by how many players in popular games don’t really own valuable assets. This made him want to look into blockchain’s potential in gaming. He told Blockchain Gamer in an interview that the Ethereum platform gave him the best chance to make his “dream game.” Smooth Love Potion (SLP) Coin is a metaverse-based project like The Sandbox and Decentraland (MANA).
So, before making any investment decision do your proper risk management properly. If you’re looking for the Smooth Love Potion Price Prediction or finding the potential of the SLP Coin, this long-term price forecast can be helpful for you. Here we will analyze the potential of the Smooth Love Potion in the long term. This SLP Coin price forecast is based on a deep technical analysis and past performance of the Smooth Love Potion. Smooth Love Potion (SLP) — previously Small Love Potion — is a second token issued by Axie Infinity blockchain game, the first being Axie Infinity Shards (AXS).
These games often require skill, strategy, and persistence, providing players with a sense of accomplishment when they win. Additionally, these games can be a great way for people to earn money in their spare time, especially if they enjoy playing games. As per the recent spike in SLP Price, Smooth Love Potion has proved that it can surprise investors with massive returns. SLP has the backing of the Axie Infinity project is a gaming platform.
