Smooth Love Potion Price (SLP)

Smooth Love Potion (SLP) is a unique digital asset that players may earn by participating in the Axie Infinity game. It serves as a replacement for experience points and is an ERC-20 token. SLP is primarily used within the game to breed new digital pets, known as Axies. The cost of breeding starts at 100 SLP and increases with each subsequent breed, up to a maximum of seven times. This limit is in place to prevent hyperinflation within the game's marketplace. Players may accumulate SLP through gameplay or acquire it on the open market to expedite their progress.

SLP operates within the Axie Infinity game as a form of in-game currency. Players earn SLP by winning competitions, and these tokens are then used to breed Axies. The breeding process is designed to be familiar to those who have played other collectible games. The number of SLP tokens in circulation is fluid, as tokens are burned whenever new Axies are bred. If the number of Axie Infinity players increases, this could result in higher levels of SLP entering the ecosystem as more competitions are won and lost.

The primary use case for SLP is within the Axie Infinity game, where it is used to breed new Axies. However, its availability on various platforms indicates that it may have potential value outside of the game as well. It's one of the few in-game tokens to be available on various platforms, which may be a testament to its unique value proposition. While its primary function is within the game, the fact that it can be acquired and traded on the open market suggests potential for broader use cases in the future.

Smooth Love Potion was created as part of the Axie Infinity game, developed by a company led by CEO Trung Nguyen. Nguyen left his role as a software developer in the U.S. to focus on the project, motivated by his interest in exploring blockchain's potential in gaming. He was particularly interested in creating a game where players could truly own valuable assets. The introduction of SLP as an in-game currency that could also be traded on the open market was a part of this vision. The token has experienced various changes since its inception, reflecting its evolving nature within the gaming and cryptocurrency ecosystems.

We update our Smooth Love Potion to USD currency in real-time. Get the live price of Smooth Love Potion on Coinbase.

The current market cap of Smooth Love Potion is $153.48M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Smooth Love Potion is $0.41. This all-time high is highest price paid for Smooth Love Potion since it was launched.

Over the last 24 hours, the trading volume of Smooth Love Potion is $12.15M.

Assets that have a similar market cap to Smooth Love Potion include Baby Doge Coin, Amp, Polymath, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Smooth Love Potion is 41 billion.