Re: AXS and SLP. Why the price of SLP is falling but AXS is rising?

Quote from: MusaMohamed on Today at 10:54:39 AM

Axie Infinity is a very hot coin in NFT game and it grows from less than $1 to $150. SLP is a part of Axie Infinity ecosystem but price of SLP is falling.

Explained: Axie Infinity SLP and AXS tokens.
Because the SLP will be created more if the ecosystem of Axie Infinity has more players. If the Axie Infinity team take care of investors who buy SLP, they need to have plan to reduce the inflation of SLP.

If the team don't make changes with SLP release rate, the value of this token will hardly to rise.

Any thoughts about SLP everybody?

https://coinmarketcap.com/currencies/axie-infinity/
https://coinmarketcap.com/currencies/smooth-love-potion/

They have the same NFTs game but check about both coin supply between AXS and SLP, they have very different supply and why SLP still down because this coin become offer and reward for NFTs axie game, every day many people reach more than 200 SLP with game AXIE playing, do you can count how much coin sell every day and why price keep going dump. Maybe keep stable with SLP price right now because when dump under $0.063 last week can wake up again and now raise above $0.08 and have chance maybe back above $0.1 or reach all time high before above $0.3