SLP is exciting.
SLP’s initial price was roughly $0.03 when it was first released.
More and more new people have invested in the token since it disseminated the unique idea and shared fun. However, in February, the price had plunged below $0.01, its lowest level.
Even co-founder Jeff questioned if the market is ready for this sort ofcurrency.
It would be impossible to pull the currency back to this level, therefore the leap to $0.16 on February 19th came as a shock to investors.
The inaugural season of the player vs player (PVP) arena might be considered. The aim is to compete with other players and climb the list to as high as possible.
You will receive a larger award depending on your position on the list.
It sparked a lot of interest in the game and the currency and the founders are anticipating an even better outcome in the future.
Nobody can deny that currency has incredible fluctuations in value over time. If we look at the price in July when it jumped from $0.003 to $0.19 in only two days, we could think that the currency came back on the stage. Axie Infiniti, the company that owns this currency, said that new gamers and interests brought the new price of the tokens, and improved the game and excitement of playing it. Unfortunately, it will not bring success for this currency as we expected.
Nobody can deny that currency values fluctuate dramatically over time.
The firm that owns this currency, Axie Infiniti stated that new gamers and interests led to a new price for the tokens, which boosted the game and increased the thrill of playing it.
If we consider the price in July, when it rose from $0.003 to $0.19 in just 2 days, we might conclude that the currency has resurfaced.
Unfortunately, this trend will not be as successful as we had hoped.
Because new participants enhance token minting, the quantity of tokens available is restricted, and the price reduces as more people join the game.
To put it another way, the price is determined by the game’s ecosystem.
As a result, when the game becomes popular, the currency’s value decreases.
Inventors have created a new battle system that has been enhanced and approved by the Ubisoft game studio, and it should attract new gamers and players with the marketplace upgrade.
It should raise the price once more, therefore we may expect positive improvements for this currency.