- Smooth Love Potion (SLP) price has skyrocketed overnight to as high as $0.0240.
- People believe that the pump is due to breeders stashing away SLP and AXS.
- The pump is also in the wake of Axie Infinity’s new product manager announcement.
The price of Smooth Love Potion (SLP) skyrocketed overnight to as high as $0.0240. According to CoinGecko, this is a surge of at least 70%.
The dramatic price increase is telling, especially since SLP price dipped to as low as $0.0089 just a couple of days ago. However, the price pump is not directly caused by the Axie Infinity team, as they have not rolled out the Season 20 update.
Some people suggest that the price is mostly speculative, as breeders are starting to stack up SLP since Adventure and Daily Quest rewards will be removed. However, Sky Mavis, the creator of Axie Infinity, revealed that it onboarded Philip La to its team.
Prior to his position at Sky Mavis, La was Product Manager of global hit Pokémon GO. As the team is planning to launch Origin shortly after Season 20, La will take a crucial role for the game.
Recommended News :
Crypto News Land (cryptonewsland.com), also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.