Simple, because SLP is useless. It doesn't have any utility, and is only there as an incentive. People don't hold useless coins unless they are memes just like doge and shib. AXS on the other hand will continue to grow as Axie will lead the NFT game industry to a trillion-dollar industry. Really a good time to re-invest in smaller caps NFT games like
AnRKey X.
I think so, coins that don't have a clear purpose will certainly not make investors buy and hold, if the coin works for NFT it certainly makes people speculate to buy because the chances of skyrocketing are very high and that's common in cryptocurrencies.