For early buyers, SLP was a gold mine. Yesterday the price hit 0.4$ which is its all-time high but sharply dropped to 0.3$ now. For all those who invested and bred axies in May/June, they got a great return for all the investments. But what now..? Everyone has started playing it, people searching for people to play for them, by the look of it, I don't think SLP will stay at a high price for more time.
With the current condition of the crypto market, of course, it is not only SLP that has experienced a price decline, but almost all of the existing altcoins have experienced a deep price correction in the market, based on Coingecko, the SLP price has fallen 11.5% in the last 24 hours and there is a supply circulation almost 540 million coins in the market, so it can be said that the decline in SLP is not too big for a token in the form of NFT and in my opinion, of course there is still a possibility that the price of SLP will go back up to $0.4 if later it can break through the $0.37 price resistance in the current market .