Smooth Love Potion (formerly known as small love potion) is an ERC-20 token used as a reward token on the Axie Infinity platform. The SLP token can be earned on the platform by completing various tasks and quests such as, for example, defeating bosses and winning battles.
What is smooth love potion in AXIE?
Summary. Smooth Love Potion (SLP) is the in-game digital currency of the Axie Infinity gaming metaverse. It enables the game’s players to breed collectible digital pets — known as Axies. The overall demand for SLP tokens has grown such that they are also traded on cryptocurrency exchanges.
What is the value of smooth love potion?
Smooth Love Potion Price Summaries Smooth Love Potion’s price today is US$0.004119, with a 24-hour trading volume of $17.54 M. SLP is +0.53% in the last 24 hours.
Is smooth love potion an NFT?
Smooth Love Potion (SLP) — the in-game currency token of the popular NFT game Axie Infinity — has been soaring since the start of the month, adding as much as 300% to its value. SLP reached a high of 40 cents per token in July 2021.
Is SLP token a good investment?
If you are looking for virtual currencies with good return, SLP can be a bad, high-risk 1-year investment option. Small Love Potion price equal to 0.00448 USD at 2022-09-27, but your current investment may be devalued in the future.
How much is 1 SLP now?
SLP Price Today Smooth Love Potion price today is $0.003291838152 with a 24-hour trading volume of $8,817,035. SLP price is down -2.5% in the last 24 hours.
Is SLP unlimited supply?
Whereas SLP has an unlimited supply, AXS is limited to a maximal supply of 27 million. Like many governance tokens, AXS also redistributes value within the ecosystem.
How many AXS is 1 SLP?
When was SLP coin launched?
The SLP cryptocurrency was launched in December 2019 as a utility token in Axie Infinity to enable game players to breed its non-fungible token (NFT) characters, known as Axies.
Will SLP go up again 2022?
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.
Will SLP coin go up?
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. 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.
What kind of crypto is SLP?
As mentioned, Smooth Love Potion (SLP) is the native cryptocurrency of the Axie Infinity game. Previously known as “Small Love Potion”, SLP is an ERC-20 gaming token with an unlimited supply. As of November 2021, SLP’s market cap reached $197 million USD with a circulating supply of over 3 billion.
How does SLP have value?
The SLP coin has value both in the Axie Infinity metaverse and in the larger crypto market, due to the gaming economy ‘play-to-earn’ concept. Basically SLP is different from most of the other in-game currencies because the token is exchanged on decentralized SLP token exchanges.
Can you buy SLP without Axie?
No, you cannot buy an Axie with SLP. To buy an Axie, you need to use the native currency of Axie Infinity – the AXS token. However, you can use SLP tokens to acquire Axies through the process called breeding.
Will SLP go up 2023?
Smooth Love Potion Price Prediction 2023 As per our Smooth Love Potion price prediction, it can reach a maximum price level of $0.034 by 2023. However, the average price of an SLP Coin can be around $0.012.
Why is SLP going down?
SLP is dropping because of an imbalance in the supply vs. demand for the token.
What is the best crypto to invest in 2022?
- Algorand (ALGO) – one of the rising competitors of the Ethereum network.
- Avalanche (AVX) – highly secure token.
- Solana (SOL) – Great asset for future investments.
- Curve (CRV) – one of the best DeFi projects.
How much is 100 SLP?
Historical Exchange Rate Graph for SLP to USD The conversion value for 100 SLP to 0.335 USD.
How much is 1 SLP in Philippines?
1 SLP = ₱0.208432 Last updated 06:53PM UTC.
What is the highest SLP price PHP?
In the past months, Axie’s native token SLP or Small Love Potion has hit the highest peso value of PHP20. 00. As of August 2021, the SLP to PHP price rate plunges down at PHP9. 00 mark.
How much SLP can u earn in a day?
There is a Daily Quest that resets daily where you can earn 50 SLP as a bonus. You can get this free SLP by winning 5 times in PVP and 10 times in PVE. In PVE, you can earn up to a maximum of 100 SLP per day. Meaning, realistically, you can earn 150 SLP per day at the minimum.
Why did Axie Infinity fail?
Axie Infinity failed to fulfill players’ expectations on income and investment goals | NFTandGameFi.
Can I buy SLP to breed?
AXS can be used to breed Axies, sold to other players, or participate in the governance of Axie Infinity. SLP – Stands for Smooth Love Potion. It is an in-game currency that can be earned by casually and/or competitively playing the game. You can also buy it from other players.
How many SLP is a 900 MMR?
0-900 MMR = 1 SLP. 1000-1099 = 3 SLP. 1100-1299 = 5 SLP. 1300-1499 = 6 SLP.
How much is AXS today in peso?
Axie Infinity to Philippine Peso Data The AXS to PHP conversion rate today is ₱783.64 and has increased by 5.02% in the last 24 hours.