Smooth Love Potion Price SLP, Market Cap, Charts, and Info

They are pioneers in that, and they are not being appreciated. This token has no hope if there will be no good solution to stop the inflation. People can generate an unlimited amount of SLP and then they are sending it to the exchange site to exchange it with money.

To start playing the game, you would need to obtain some Axies from the marketplace, which are creatures that can be used to battle other players in the game. Another way of obtaining Axies would be through some interest groups that offer Axies as a loan in the form of a scholarship. SLP earned from the game are splitted between the scholarship holders and the group lending out the Axies. It has a circulating supply of 40 Billion SLP coins and a total supply of ∞. If you are looking to buy or sell Smooth Love Potion, BingX is currently the most active exchange.

  • What you are writing is theory for now, but unfortunately it looks to be very possible scenario.
  • They always told don’t worry or something like that.
  • I personally for SLP are still pretty good in terms of projects but the team behind them is really bad and that’s what makes them unable to survive.
  • Cause I am also playing axie and I can monitor what happened to it eversince.
  • The price is depending on the market situations, alternative to the projects etc.

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SLP = $0.003289551616

What you are writing is theory for now, but unfortunately it looks to be very possible scenario. The team promises a solution to this problem, but so far I don’t see anything actually being done to change this situation. Hopefully something will change, but if not, not only will the SLP price go towards zero as a consequence, but the Axie Infinity price may also suffer. This is gonna be fun, what I don’t really like from “Developer/Team” itself. Because, with the development lack of transparency. They always told don’t worry or something like that.

We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse. SLP earnings can vary depending on the players’ skill and their energy resources. With the latest update, players can only earn SLP by competing in arena mode by battling other players.

slp coin forum

P2E mode will no longer reward players with new supply of tokens. There’s a discussion about introducing a SLP burning mechanism. SLP is not a scam and I don’t expect anyone to think that SLP is a scam. There’s no way it can ever be a scam because it has a team, a platform, huge user-base, and also listed on major exchanges.

SLP Coin Geleceği 2028

Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. The 24 hour trading volume of Smooth Love Potion is $21,667,531. SLP paves the way to the concept of Play-to-earn which popularizes the Axie Infinity games among players who are looking to earn some money or participate in DeFi. It is especially popular in countries like Philippines.

slp coin forum

The miner who gets the correct response would be eligible to add the transactions to the network and as such, receive the block rewards – in the form of newly minted Bitcoins. PoW mining requires specialised and expensive mining hardware to pull off, and this equipment consumes more energy and is difficult to maintain. Smooth Love Potion tokens can be earned as rewards by Axie Infinity players through battle or adventure mode.

SLP are tokens that can be used to breed new digital pets, known as Axies. It was formally known as Small Love Potion before the token upgrade to the Ronin blockchain. I don’t think so, being scam for us literally don’t slp coin forum give up profit at all but all I am seeing it was the declining value right now. Most probably it was affected with a lot of nft games competition, that’s why it’s really disappointing to see how the price went so down.

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If there would be a continuous and unlimited supply, I’m sure that the coin would continuously drop its price. I don’t know why people keep comparing this in-game money with the real coin that is used as the main coin for its platforms like ethereum and doge coin. You may see a bunch of people said that this will become a scam coin once the price goes to the zero and it has no value. Smooth Love potion is not a scam token however by looking at its price, you can say so, as its keep on dumping and never pumps. The reason for this its unlimited supply and new coins are being generated and awarded to people every day as a winning incentive. Lol this team will be releasing bunch of tokens soon once his token gets failed like SLP.

What is Smooth Love Potion (SLP)?

Creating a game token with unlimited supply is a huge mistake. The game token like SLP can’t sustain for long term. The devs are working on the various solutions but none of these solutions are affective to make the burn token to be equal with minted tokens.

The price is always going down without any chance to go up, i would not be surprised that to see that they are calling it a scam coin. The dev itself was miscalculation about what happened once they have been releasing a token that can be minted anytime without any limitation. SLP was not the main token of platforms and this token acts as a in-game money to create more and more axies.

SLP Coin Nedir? SLP Coin Yorum

There’s no thing wrong on releasing their ron as it served as their chain network token. But I can’t deny that the team haven’t put such effort on putting much value on their some coins like slp. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyze and verify our content before relying on it. Trading is a highly risky activity that can lead to major losses; please, therefore, consult your financial advisor before making decisions.

The sad news is that SLP price can eventually go down to zero because of the uncontrollable supply of new tokens and obvious lack of price support from the team. It’s a great game with renewed mechanics on turn-based games but with poor tokenomics and obviously no burning mechanism to the token minted. SLP may die sooner or later if they haven’t figure out something, or if other features of the game isn’t released as soon as possible.

People always going crazy when some of the coin in the market suddenly fell and can’t even recover in just short period of time. Just imagine how slp become so popular and now they see it scam. The future price prediction is not exactly but is an approximation on the basis of historic data and project application and growth. The price is depending on the market situations, alternative to the projects etc. Cryptocurrency works with the help of the blockchain, miners or validators and the users.

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