SLP Price Prediction 2022: The average price forecast of SLP tokens for 2022 is $0.004.
rise?: As cryptocurrency market conditions gradually improve, there is a greater chance that the SLP price will rise once again.
However, the recovery in the SLP price will more likely depend on improving liquidity in the US economy and also on more players joining the Axie Infinity gaming platform.
SLP Pricing Performance Summary
Last 30 days: -4.1%
Last 6 months: -81.8%
SLP Coin: Some Facts
- Smooth Love Potion (SLP) is an ERC-20 token used in the Axie Infinity game universe.
- Smooth Love Potion tokens are earned by playing Axie Infinity games.
- One of the interesting facts about the SLP token is that the Smooth Love token is burned every time new axes are bred.
- The coin has a limited supply. Currently, there are approximately 4,372,441,637 SLP coins in circulation.
- At the end of January 2022, the total number of active players on Axie Infinity games was 2,780,533. The SLP price back then was $0.009866. 9 months later, i.e. on September 30, 2022, monthly active players plummeted to 739,022. The SLP price plummeted to $0.003286 on September 30.
Will SLP go up or will SLP recover?
SLP serves as the native in-game currency for Aixe Infinity games. The SLP price began to fall in April when the US Fed announced a contraction of the Fed’s balance sheet. However, the crash was not limited to SLP or other Play-to-Earn coins, the entire cryptocurrency market collapsed after the announcement.
The price of in-game coins or play-to-earn has fallen dramatically. When the price started to drop, the number of monthly players on the Axie Infinity gaming platform also started to decrease. Until May, the drop in the number of monthly players was not much, but in June after the Luna fiasco, the price of SLP collapsed massively, and with the price hitting bottom, the player’s interest in Axie Gaming dropped by more than 50%.
However, we still believe that the SLP price will go up, but for SLP to recover, more players need to return to the platform. There have been many attempts by the developers to attract players to the platform, but the attempts have failed.
Good news for SLP is that the number of monthly players on Axie has remained intact over the past 2 months and September has seen an increase in the number of players, for the first time in the last 8 months. Therefore, there are greater chances of the SLP price going up provided that market conditions improve and more players flock to the Axie Infinity gaming platform.
SLP Price Prediction 2022: Expert Forecast
|Average SLP Price Prediction 2022||$0. 004 ·|
SLP’s future depends completely on its SLP ecosystem. A strong ecosystem could push the price of SLP tokens above $0.10 by the end of 2022 or the same ecosystem could cause the price to collapse completely following a mass sell-off.
Added to this are other factors that will determine the future of SLP are the improvement of the general conditions of the cryptocurrency market and the Axie Infinity games that recover visitors or lost players.
SLP Smooth Love Potion Price Prediction 2022: Calculation
The maximum SLP price forecast 2022 is $0.0082 if SLP earns 20% per month from now.
SLP Smooth Love Potion Price Prediction 2025
|Average SLP Price Prediction 2025||$0.014|
If SLP earns, 5% per year from now, the Smooth Love Potion Price Prediction 2025 is $0.00461.
If SLP earns, 10% per year from now, the smooth love potion Price Prediction 2025 is $0.00530.
If SLP earns, 20% per year from now, the smooth love potion Price Prediction 2025 is $0.00689.
If SLP earns, 30% per year from now, the smooth love potion Price Prediction 2025 is $0.00875.
SLP Smooth Love Potion Price Prediction 2030
|Average price SLP Forecast 2030||$0.070|
If SLP earns, 5% per year from now, the Smooth Love Potion Price Prediction 2030 is $0.00589.
If SLP earns, 10% per year from now, the Smooth Love Potion Price Prediction 2030 is $0.00854.
If SLP earns, 20% per year from now, the Smooth Love Potion Price Prediction 2030 is $0.0171.
If SLP earns, 30% per year from now, the Smooth Love Potion Price Prediction 2030 is $0.0325.
Reasons for pumps and landfills
- Since Axie Infinity is the issuer of SLP, the prices of both shares are more or less in the same line.
- The price has plummeted since the company raised less than $1 million in revenue in May and the news was declared on June 7, and the stock began to plummet the same day, the decline continued until June 19.
- The biggest fall in the cryptocurrency market has played a significant role in the ups and downs of SLP prices.
SLP Price Prediction 2022: Performance in 2022
Smooth Love Potion has been one of the worst performing cryptocurrencies this year. Smooth Love Potion has lost more than 86.1% of its value since January 2022. But it’s not just SLP that’s trading lower this year. Almost all cryptocurrencies were traded lower. Bitcoin, the largest cryptocurrency in terms of market capitalization has lost about 57.7% of its market value this year, while Ethereum is down 60.1% since January 2022.
Speaking of the last 5 days, the performance of Smooth Love Potion is down 7.9% and BTC is down almost 5.7%. ETH is down 7.4%.
Where to buy SLP Coin?
Very limited exchanges offer SLP tokens for trading. One of the best exchanges to buy the Smooth love potion token is Binance.
Gemini, FTX, and Crypto.com are other platforms that support SLP tokens.
SLP Coin Price Prediction 2022: Frequently Asked Questions
What Is Smooth Love Potion Price Prediction?
Smooth Love Potion’s price forecast for 2022 is $0.005,
and the price forecast for SLP for the end of 2025 is $0.015.