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 that the breeding process, for which SLP is used, is designed to be familiar to those who have played other collectible games such as CryptoKitties. In an interview with Blockchain Gamer, he said the Ethereum platform had given him the ultimate opportunity to create his “dream game.”

Decreases in active users or SLP rewards tend to have prices decrease, whereas game expansions and higher utility tend to boost demand. SLP might be utilized in new platforms, games, or virtual economies. Sky Mavis is investigating integration beyond Axie Infinity. Additional use cases will solidify demand and inhibit volatility.

• SLP enjoys a dedicated community of players, guilds, and developers.
• SLP responds more quickly to player behavior and ecosystem fluctuations.
• The website provides a list of cryptocurrency and blockchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools.
• The price may change throughout the day due to market volatility.
• SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies.

Хто заснував Smooth Love Potion?

Other wallets such as MetaMask or Trust Wallet also hold SLP securely. For added protection, hardware wallets such as Ledger are extremely recommended. Do not leave huge sums of SLP Coin on exchanges for extended periods. Cold storage keeps funds secure from cyber risks and hacks. AXS has a capped supply, whereas SLP doesn’t, which makes AXS less volatile. SLP responds more quickly to player behavior and ecosystem fluctuations.

About Smooth Love Potion (SLP)

Always have 2FA enabled and configure withdrawal address whitelists for security. As of Nov 20, Smooth Love Potion has a market capitalization of $35.6 Million and is ranked #506 among all cryptocurrencies. This calculation is based on the circulating supply of Smooth Love Potion. Showing market cap and how it’s compared to different cryptocurrencies. The best instant cryptocurrency exchange platform with the best exchange rates for BTC, ETH, LTC, XRP, ADA and 140+ other cryptocurrencies.

• AXS holders vote on significant decisions and game improvement proposals.
• This digital asset serves a replacement for experience points.
• This calculation is based on the circulating supply of Smooth Love Potion.
• Smooth Love Potion (SLP) tokens can be earned as rewards by Axie Infinity players through battle or adventure mode.
• It is still responsive to changes in user action and updating.
• SLP are tokens that can be used to breed new digital pets, known as Axies.

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Each Axie can be bred only seven times, introducing a strategic cap. Increased breeding numbers cost more SLP, raising token demand. This feature relates directly to Axie’s in-game economic framework. SLP’s usefulness makes it a cornerstone of the Axie Infinity gaming experience. Smooth Love Potion (SLP) tokens can be earned as rewards by Axie Infinity players through battle or adventure mode.

How to add Smooth Love Potion to Metamask?

Long-term development relies on utility growth outside of breeding. You can purchase SLP Coin on Binance, KuCoin, and decentralized exchanges. First, sign up and load fiat or supported cryptocurrencies. Then, exchange against USDT, ETH, or BUSD pairs for instant access. Verify exchange fees and limits prior to finalizing your transaction. Volume slp coin forum and liquidity are greatest on centralized exchanges currently.

This limit is put in place to prevent market hyperinflation. Smooth Love Potion (SLP) is an ERC-20 utility token used as in-game currency for the blockchain-powered game Axie Infinity. Before the token was upgraded to the Ronin blockchain, it was known as “Small Love Potion.” Get early access to new tokens—trade them before they’re officially listed. Yes, indeed you can exchange SLP Coin for cash by selling it on platforms such as Binance, KuCoin, or Bybit. Once you sell your SLP to USDT or another stablecoin, you can withdraw the money to your bank account through P2P trading or supported withdrawal channels.

Sky Mavis regularly updates the economy to keep it in check. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Smooth Love Potion (SLP) is a cryptocurrency token built on top of Solana platform. Hardware wallet is the safest way to manage & trade your cryptocurrencies. Binance offers the lowest trading fees for 99% of users compared to leading global exchanges.

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. SLP is also unique because of how it has become one of the few in-game tokens to be listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “that are likely to have higher volatility and pose a higher risk than other tokens.” It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed.

How Many Smooth Love Potion (SLP) Coins Are There in Circulation?

Open an account and earn up to 12% APR on BTC, ETH and more! Ledger is the smartest way to secure, buy, exchange and grow your crypto assets. Want to convert the Smooth Love Potion price today to your desired fiat currency? All of this means that you may have a little difficulty purchasing SLP directly with fiat. As a result, you may need to convert your dollars, pounds or euros into a mainstream cryptocurrency such as Ethereum first. Numerous trading pairs are offered, including SLP/ETH, SLP/USDT and SLP/BUSD.

Smooth Love Potion Historical Stats

Purchasing SLP on the open market is a way for gamers to get a headstart. Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points. Place a market order to sell instantly, or set a limit order at your targeted selling price.

SLP Price (Smooth Love Potion)

AXS tracks overall trends within GameFi investment and sentiment. SLP is more suitable for active trading and short-term applications. Understanding how each does helps to make better investment choices. SLP Coin is utilized for breeding purposes, with AXS dealing with governance rights. AXS holders vote on significant decisions and game improvement proposals. SLP is spent regularly, whereas AXS is regularly held or staked.