The SLP market and its behavior today.
hive-167922·@chucho27·
0.000 HBDThe SLP market and its behavior today.
<div class="text-justify"><p>A big greeting to all the readers of this great platform, especially those who make up the #LeoFinance community, this time I want to talk a little about the market and behavior of the token called SLP, as you know it is the token that is generated by playing the Axie Infinity game, which has generated a large amount and therefore its price has decreased due to the lack of burning methods in the project, which can decrease the amount of existing token. </p></div> <h2></h2> <table><thead> <tr><th><p><center><img src="https://i.postimg.cc/4ysR4hKB/portada.jpg"><br/><sub> Screenshot taken at: <a href="https://axieinfinity.com/"> Axie Infinity </a></sub><br/></center></p></th></tr> </thead></table> <h2></h2> <hr/> <p><center><img src="https://i.postimg.cc/5yM050rh/separador-Hive.png"> </center></p> <hr/> <div class="text-justify"><p>A few months ago, after the resounding drop in the price of the SLP, some changes began to be made, ranging from reducing the amount of SLPs issued, to the total elimination of the SLPs that were issued in adventure mode, being a phase of the game that did not represent any kind of effort to be able to get those rewards, which was damaging the economy in a certain way. </p> <p>From there, they announced they had a new game mode, called Axie Origin, this being according to the networks, the time where the game will generate more users on the platform, in addition to where you are going to get more wins for the players, this game mode is to get to the end of the month, and with it since it was announced there was a pronounced increase in the price of the toke SLP until 30% in 2 days, what will be a scenario speculative? </p></div> <h2></h2> <table><thead> <tr><th><p><center><img src="https://i.postimg.cc/qMmH0qpx/1.jpg"><br/><sub> Screenshot taken at: <a href="https://www.binance.com/es/trade/SLP_USDT"> Binance </a></sub><br/></center></p></th></tr> </thead></table> <h2></h2> <hr/> <p><center><img src="https://i.postimg.cc/5yM050rh/separador-Hive.png"> </center></p> <hr/> <div class="text-justify"><p>Reviewing the changes in the market or in the amount of tokens that are burned within the game, the truth is that there is no difference that makes the price increase in such a way, since BTC increased its price a little but it cannot affect a token in this way, and the reality is that it can be a speculative increase where many people buy SLP thinking about the new stage that comes from the game. </p> <p>At this stage a lot of SLP is going to be required in order to improve our Axie, according to the news that has been made known, and with this many people who believe in the project continue to accumulate a lot of SLP to improve all their equipment, this being the largest burning method that will be implemented in the game economy, in order to decrease the amount of SLP that exist in circulation. </p></div> <hr/> <p><center><img src="https://i.postimg.cc/5yM050rh/separador-Hive.png"> </center></p> <hr/> <hr/> <p><center><img src="https://i.postimg.cc/HsMh4RHp/parte-6.jpg"> </center></p> <hr/> <center> All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.</center> <p><center><sub> The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.</sub></center></p> <h2></h2> <center><img src="https://cdn.steemitimages.com/DQmU5YsDbFGFvYsCbfCZe8u2NLP4V2oyQhmhsd3ZmvqBs6D/Banner%20de%20LinkedIn%20Tecnolog%C3%ADa%20Abstracto%20Azul%20y%20Blanco%20(5).gif"></center>
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