skip to Main Content
bitcoin
Bitcoin (BTC) $ 83,242.30 2.07%
ethereum
Ethereum (ETH) $ 1,821.24 3.67%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.06 2.75%
bnb
BNB (BNB) $ 597.35 1.67%
solana
Solana (SOL) $ 119.96 5.02%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.165963 3.69%
cardano
Cardano (ADA) $ 0.649949 3.62%
tron
TRON (TRX) $ 0.236173 0.74%

Small Love Potion (SLP) Price Skyrockets 100% as Axie Infinity Launches Ronin DEX

Small Love Potion (SLP) is up a whopping 100% in the past 24 hours. The massive games come on the back of Axie Infinity, the project, part of whose ecosystem SLP is, launching a decentralized exchange.

  • Play-to-Earn continues to be a dominating field in the cryptocurrency industry, and today is just another proof of it.
  • Small Love Potion is a token part of the ecosystem of Axie Infinity. In fact, it’s the cryptocurrency that players earn while playing the game, and it can also be used to breed new Axies.
  • Over the past 24 hours, SLP’s price has gone up a whopping 100% before retracing a bit to where it currently trades.
slpusdt_chart
Chart by TradingView
  • There are a couple of reasons that might explain the staggering surge of SLP.
  • First things first, the broader play-to-earn ecosystem is growing considerably in the past week following Facebook’s decision to rebrand to Meta and focus on building the metaverse.
  • This alone led to the increase in some cryptocurrencies such as SAND and MANA.
  • On the other hand, though, Axie Infinity announced today that it has launched Katana – the Ronin DEX.
  • The exchange will be activating RON rewards for the AXS/ETH and SLP/ETH pools later throughout the week, and it’s entirely possible that investors are loading up in anticipation.
Loading data ...
Comparison
View chart compare
View table compare
Back To Top