Ninjastic
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Re: AXS and SLP. Why the price of SLP is falling but AXS is rising?
by
Eureka_07
on 15/10/2021, 19:55:28 UTC
Quote from: MusaMohamed on October 10, 2021, 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 just made some adjustments tody. Players that are below 800 MMR won't be getting any SLP from all of the modes (PVE and PVP) as well as the daily quest. This is done so the game will become more competitive making the players to buy better team and compete with all they've got.
AXS has been rising since there is lower supply since lots of AXS token has been staked. In my opinion, expect slp to rise in the next coming days and weeks.