Highlights
- The SLP crypto is available on Axie Infinity, and it can be earned as a reward by playing the game.
- The SLP tokens have become increasingly popular and are now available on major cryptocurrency exchanges.
- Notably, SLP tokens can be used to breed digital assets called Axies.
The price of Smooth Love Potion (SLP) cryptocurrency surged 18.9 per cent to reach US$ 0.04647413 per token at the time of writing. Meanwhile, the 24-hour volume expanded by 527 per cent.
The surge came after Axie Infinity metaverse game announced that it would update the breeding fee, and now the SLP cost per breed will triple in the next 24 hours. In addition, the AXS cost per breed will be reduced to 0.5 AXS.
The SLP crypto is available on Axie Infinity, and it can be earned as a reward by playing the game's adventure or battle mode. Notably, SLP tokens can be used to breed digital assets called Axies.
What is Smooth Love Potion (SLP) crypto?
This digital asset can be found in the metaverse game Axie Infinity and is essential for digital collectable creatures found in the game. Over a brief period, the SLP tokens have become increasingly popular, and they are now available on the major cryptocurrency exchanges in the world.
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Last month, Axie Infinity launched a decentralized exchange (DEX) on the Ronin blockchain, and it will allow the users to trade assets and stay inside the Axieverse.
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The SLP crypto could become more prevalent in future as the feature of trading multiple assets enables a user to earn yields through liquidity pools and deposit the assets.
The gaming cryptocurrency has a circulating supply of about 3.2 billion SLP tokens, and its trading volume is $1.1 billion.
Bottom line
The games based on blockchain technology are becoming mainstream, and cryptocurrencies like SLP seem to have a growth potential due to this reason. In the last 12 months, the SLP crypto surged around 80 per cent.
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Those interested in the SLP crypto can find it on the top crypto exchanges like Mandala Exchange, Bybit, Binance, OKEx and FTX. Users can also earn the token by playing the Axie Infinity game.