Playing the Axie Infinity game earns you Smooth Love Potion (SLP) tokens. This digital item can be used to substitute experience points. In the last 24 hours, Smooth Love Potion has lost 3.75 percent of its value. The current CoinMarketCap ranking is #195, with a live market cap of $248,067,663 USD. There are 2,145,135,756 SLP coins in circulation.
About Smooth Love Potion SLP
SLP tokens are ERC-20 tokens that may be used to create new digital pets called Axies. The cost of breeding starts at 100 SLP with a high shot of around 200 SLP for the sophomore generation, the third part holds 300, the quadrilateral part holds 500, the fifth part holds 800 and lastly, 1,300 comes in the box of the sixth one.
Axies can only be bred seven times, with the seventh breed costing 2,100 SLP. This limit exists to keep the market from becoming hyperinflationary. Nguyen the father of SLP claims that the breeding process, which employs SLP, is intended to be familiar to players of other collecting games such as CryptoKitties.
What is Smooth Love Potion SLP?
All in all the SLP functionality for subscribers can take a while to accumulate SLP as entered in the game Therefore, a gamer will need to accomplish 15-20 contests before they can execute their first breed. Purchasing SLP on the open market allows gamers to gain a head start.
According to Nguyen, Axies are quite different from other non-fungible coins because they need parenting and intense look after in order to mature rapidly.
Who Are the Founders of Smooth Love Potion SLP?
A more pertinent question is who founded Axie Infinity. Trung Nguyen, the CEO of the game's creators, abandoned his job as a software developer in the United States to devote his time to the project.
What Makes Smooth Love Potion SLP Unique?
SLP is unique on its own as very few in-game tokens that Binance has classified in its Innovation Zone. The exchange has designated this trading category for assets “likely to have higher volatility and offer a larger risk than other tokens.”
It's rare for in-game cash to be traded on exchanges, but SLP is one of them. In some respects, it's like Nintendo agreeing to upgrade the number of tokens to be given in financial uplifting of Super Mario.
Where Can You Buy Smooth Love Potion SLP?
SLP didn't have a fluctuating value when it first began as a coin. Whereas when an SLP liquidity fund was built on Uniswap, things changed drastically.
It's possible that buying SLP with fiat will be a challenge. As a result, you may need to perform rapid transference of your euros, pounds, or mere dollars into a widely accepted form of cryptocurrency i.e. Ethereum.
Frequently Asked Questions About Smooth Love Potion SLP
How Many Smooth Love Potion SLP Coins Are In Circulation Currently?
The circulating quantity of SLP was in the tens of millions at the moment of writing – and this ERC-20 token has no strict limit.
What Security Measures Does the Smooth Love Potion SLP Take?
Smooth Love Potion is an ERC-20 currency that operates on the forum of Ethereum instead of owning its very own network.
On What Factors Does The Price Of The Smooth Love Potion SLP Depend?
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact SLP’s price and market cap.
Conclusion
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature.
Therefore, it's wide enough to quote that Smooth Love Potion SLP tokens have been upgraded to a new all-time high translation volume of almost $0.115 U.S Dollars per token.
The era of enjoying gaming while trading the most out of it has just started with the diverse pool of opportunities the smooth love portion has in the bag for its dear subscribers.
Smooth Love Potion SLP Official Website –https://axieinfinity.com/
Smooth Love Potion SLPTwitter –https://twitter.com/AxieInfinity
Smooth Love Potion SLP Reddit –https://reddit.com/r/AxieInfinity
Smooth Love Potion SLP Medium –https://medium.com/@AxieInfinity
