SLP Coin Price Prediction 2023, 2025, and 2030: Will SLP Go Up?

SLP Coin Price Prediction 2023, 2025, and 2030: Will SLP Go Up?

SLP Coin Price Prediction: For 2022 end the momentum of the SLP token is predicted to be bearish with almost no signs of recovery.

SLP Price Prediction 2023: For the 2023 end, SLP’s momentum is predicted to be slightly bearish.

Will SLP Go Up or Will SLP Recover? With the crypto market condition gradually improving there are higher chances of SLP price rising once again.

SLP is down over 99% from its all-time high price of $0.4191.The recovery in SLP price will more likely depend on the improvement in liquidity in the US economy and also on more players joining the Axie Infinity gaming platform.


Current SLP Price

What is a Smooth Love Potion?

Smooth Love Potion (SLP) is an ERC-20 token used in the Axie Infinity gaming universe. SLP tokens are earned by playing Axie Infinity games as the project was founded by Trung Nguyen, who left his role as a software developer in the U.S. in order to focus on the project.

One of the interesting facts about the SLP token is that the Smooth Love Token is burned every time new Axies are bred. The Coin has a limited supply. Currently, there are around 4,372,441,637 SLP coins in circulation.

By the end of January 2022, the total number of active players on Axie Infinity gaming was 2,780,533. SLP Price then was $0.009866. 9 Months down the line, that is on September 30th, 2022 monthly active players crashed to 739,022. SLP price crashed to $0.003286 on September 30th.

SLP Price Performance Summary

Last 30 Days: -24.1%
Last 6 Months: -51.2%
YTD: -91.1%

SLP Crypto Prediction: Performance in Last 6 Months

  • June 2022: -28.6%
  • July 2022: -2.4%
  • August 2022: -11.4%
  • September 2022: -7.6%
  • October 2022: +2.1%
  • November 2022: -24.5%

Advantage of SLP over the Rest of Cryptocurrencies

Two important factors that could help SLP rise in the future:

Expansion of Blockchain Gaming: The blockchian gaming industry is expanding and SLP is bound to play a very important role in it. Axie Infinity is one of the most popular blockchain-based gaming cryptocurrencies. Smooth Love Potion (SLP) is the primary in-game asset of Axie Infinity. Therefore, with the expansion of blockchian gaming, Axie Infinity will automatically gain and thereby it will help in increasing the demand f SLP tokens.

Limited Supply: Limited supply is one of the advantages of SLP. Currently, the circulating supply of SLP tokens is 43.33B. Now once the market condition improves, there are higher chances of demand of SLP increases. Once the demand increases the chances of the supply of SLP going down are very high. With limited supply and rising demand, SLP prices may start rising and may reach $1 or above in the near future.

Will SLP go Up or Will SLP Recover?

SLP serves as a native in-game currency for Aixe Infinity games. The SLP price started to crash in April when the US Fed made an announcement of shrinking the Fed’s Balance sheet. However, the crash was not limited to SLP or other Play-to-Earn coins, the entire crypto market crashed after the announcement.

The price of gaming coins or play-to-earn fell sharply. As the price started to fall the number of monthly players on the Axie Infinity gaming platform also started to fall. Until May, the fall in the number of monthly players was not much but in June after the Luna fiasco, the price of SLP crashed massively, and with the price hitting bottom, the player’s interest in Axie Gaming fell by over 50%.

However, we still believe SLP price will go up but for SLP to recover, more players have to return back to the platform. There have been many attempts by the developers to attract the players back to the platform but the attempts have failed.

One good news for SLP is that the number of monthly players on Axie has remained intact in the last 2 months and September saw an increase in the number of players, for the first time in the last 8 months. Therefore, there are higher chances of SLP price going up provided the market condition improves and more players flock to the Axie Infinity gaming platform.

Axie Infinity Live Players Data (Last 30 Days): There has been a marginal increase in the number of players on the Axie Infinity platform. In the last 30 days, the platform saw 680,144 players visiting the platform.

However, this is well below the number of players who visited the platform before May 2022. The peak daily user count on the Axie Infinity platform was 2.7M. On 9th May 2022, the active user count fell below 1 Million for the first time 2022 and since then it has been falling rapidly.

Currently, the number of active users per day on the Axie Infinity platform is slightly over 20,000.

What is Smooth Love Potion?

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SLP Price Prediction Today

Overall OutlookNeutral
1. Market's WisdomNeutral
1a. Market DataPartially Negative
1b. Technical RecommendationBuy
2. Crowd's WisdomNeutral
2a. Social Media BuzzNeutral
2b. Social Media SentimentNeutral

SLP Crypto Prediction 2022: Experts Prediction

Average SLP Price Prediction 2022: $0.004

The maximum SLP Price Prediction 2022 is $0.0082 if SLP gains 20% a month from now.

SLP Price Prediction 2023

SLP Price Prediction 2023 is $0.033. However, this is the aggregate SLP Price Prediction 2023.

SLP Smooth Love Potion Price Prediction 2025

Average SLP Price Prediction 2025: $0.011

If SLP gains, 20% a year from now, the Smooth Love Potion Price Prediction 2025 is $0.00689.

If SLP gains, 30% a year from now, the Smooth Love Potion Price Prediction 2025 is $0.00875.

SLP Smooth Love Potion Price Prediction 2030

Average SLP price Prediction 2030: $0.054

If SLP gains, 20% a year from now, the Smooth Love Potion Price Prediction 2030 is $0.0171.

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SLP Crypto Prediction: Market Data

MetricValueTrend
Current Market Cap$108 MLower
Trading Volume$11 MSteady

Social Media Sentiment

MetricLast 24 HoursTrend
Net Social Media SentimentNeutralNeutral

SLP Future

The future of SLP completely depends on its ecosystem of SLP. A strong ecosystem could push the price of SLP tokens over $0.10 by the end of 2022 or the same ecosystem could crash the price completely following a mass sell-off.

Added to it other factors that will determine the future of SLP are the improvement of overall crypto market condition and the Axie Infinity games gaining back the lost visitors or players.

SLP Crypto Prediction: How to Buy SLP Coin?

Smooth Love Potion tokens can be earned by playing games on Axie Infinity. Additionally, the following steps can also be followed to buy SLP Coin:

Step 1: Find an exchange offering SLP Coin for Trade

Step 2: Creating an account with the Exchange: Once you have selected the exchange, the next step will be to create an account and add a payment mode to the exchange. You may be required to furnish your ID proof in order to open an account with the exchanges.

Step 3: Verify your Identity: After your account is created you will be required to verify your identity so that the exchange can activate your account. After the verification, it depends upon the exchange time frame to activate your account.

Step 4: Fund the account: The next step is to fund your account. You can do it with a checking account or any other mode of payment.

Step 5: Make Purchase: The next is to make the purchase. You can buy the quantity of SLP depending on your wallet value.

Where to Buy SLP Coin?

Very limited exchanges are offering SLP tokens for trading. One of the best exchanges to buy Smooth love potion token is Binance.

Gemini, FTX, and Crypto.com are other platforms supporting SLP tokens.

SLP Coin Price Prediction 2022: Frequently Asked Questions

What is Smooth Love Potion Price Prediction?

The Smooth Love Potion Price Prediction for 2022 is $0.005 and the price prediction for SLP for 2025 is $0.015.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

SLP Price Prediction
Subhash

Subhash

Subhash, Founder of Crowdwisdom360 is an MBA and a Trained Financial Advisor with an extensive background in Forecasting in Financial Services and Politics. He has appeared many times on National TV and has written for a variety of magazines on Wealth Management and Election Strategy.

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