SLP price rises more than 210% in just 4 days. Why?

The lps price surprised at the last 4 days to the entire Axie Infinity community, with an increase of more than 210% during that period, passing from $0.011 last February 7 to $0.035 this Thursday February 10 at 5:00 p.mVenezuelan time.

It is big payback moment experiencing the SLP has allowed many players to regain interest in Axie Infinity, because the rise in price directly affects the value obtained as a reward for users.

Axie Infinity players attribute this rise in the price of the SLP to several factors, including:

  • The latest updates made to the game.
  • Great acceptance of the measures by the community.
  • Crypto market recovery in recent days.
  • The confidence of the players and investors in the project.
  • Earning SLP before a possible price boost due to improvements and release of the next version of the game: Axie Origin.
  • Bulk SLP purchases at current price to play “pure” Axies at lower cost.
Precio SLP / CoinMarketCap

Why is the SLP still rising?

In recent months, Axie Infinity He hasn’t had a good time economic due to the large amount of SLP that was created compared to the SLP burned daily.

However, the developers have decided to take a series of measureswhich despite seeming drastic, have helped raise the price of the token in record time.

What’s more, the community has played a very important role throughout this recovery due to the trust they have placed in the project regardless updates made.

For these reasons, added to the fact that the crypto market continues to recover, we might continue to see an increase in the price of the SLP in the coming days.

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Axie Infinity

What can we expect from the SLP?

The upward movement of the SLP and the good reception of the community in the face of the new changes, indicate that we might see the token once more in $0.05 for the next few days.

SLP Price Soars 97% After Axie Infinity Announces Reduced Token Supply
SLP / Axie Infinity

The developers have also announced a series of tournaments worldwide sponsored by Axie Infinitywhere they will award great prizes to the best players.

Up to now Axie Infinity is the greatest of all crypto games and apparently found making the necessary adjustments to continue in battle for much longer.

For this it will be necessary preserve community confidence and stabilize the economy to be a lucrative and sustainable game to all users.

El presente artículo es meramente informativo y no constituye una recomendación de compra o inversión. Invitamos a los lectores a realizar su debida investigación antes de invertir en juegos NFTs o criptomonedas, ya que la mayoría son altamente volátiles.

Visit our news regarding NFT. Here.

Read the news regarding cryptogames. Here.

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