What is the future of the SLP? Axie Infinity Token.

in LeoFinance4 years ago

Greetings to all readers of this great platform, especially to readers who are part of the community #LeoFinance, in this opportunity I want to share a bit of information related to the current price of the SLP and the future that this can have, because we keep getting updates and many more things, but your price will not recover even a little, on the other hand, continues to weaken even more.


The image used is from Public Domain, Author: Axie Infinity



The NFT game revolution that took place in 2021 and was expected to be even greater by 2022, the truth is that they have slowed down and even lost a little, because the few NFT games that managed to survive have been very affected and do not generate stable profitability, in addition the new projects that come to market do not manage to stay on the market, since a few days after their launches, they end up dying.

Now speaking of Axie Infinity, being the game-badge of the NFT from the moment that started the explosion positive of this market has seen in a very negative account of the price of their NFT, the value of the token in the market, as there is a great number of token in the market available and the excessive existence is not achieved to recover in the market.



Currently the price of the SLP is in an area very worrying, despite the movement that made the market, the price of the SLP only fall more and more since there are more than 40 billion of SLP are available on the market, and no increase of investment in the project, and the pool of liquidity decreasing, tends to lower the price of the SLP every day, there have been many modifications to curb that, but it has not worked yet.

Because in spite of the reductions in the emission of SLP, will continue to issue many more SLP of the burning, this continues to increase the existing amount, despite the fact that they are generating new methods of burning, the reality is another, as the market and the project are still in decline, and the recovery time is much more complicated, but there are still many people that have faith that this will be able to recover, have to continue waiting to see what happens.





All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.

The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.

Sort:  

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

Your content has been voted as a part of Encouragement program. Keep up the good work!

Use Ecency daily to boost your growth on platform!

Support Ecency
Vote for new Proposal
Delegate HP and earn more