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Investing in new currencies is never a simple process and you will need to understand SLP price prediction 2022-2025 before it. The most important is to understand the nature of the currency, what affects the price, and if the currency has good predictions.
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Cryptocurrency markets are highly volatile and your investments are at risk.
Having a good prediction about the currency value is the most important that you should know before investing in the currency. According to the experts, SLP could have a good price in the future. Following the prices and fluctuations on the market, we could predict possible changes and growth, but it still could be unsafe investments. Before giving our opinion, we should inform you about this currency.
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Cryptocurrency markets are highly volatile and your investments are at risk.
Perhaps you have heard about the interesting game called Pokemon that infected the world a decade ago. As an award in that game, you were able to earn currency in the real world but non-fungible tokens. Those tokens are called Axie, and they can battle breed, and most important, trade. If you battle with the Axes, like you collect coins in the Super Mario game, you can earn ERC-20 tokens, which you can use to breed a new Axie.
You will need at least 100 SLP to start with the game and you can increase the amount of the money gradually depending on the breeds you have. However, to prevent inflation, inventors limited the number of breeding ups to seven times. Not only that the currency depended on the value, it included a game that resulted in huge initial success. All sounds great, but experts ask – if it is for real success?
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Cryptocurrency markets are highly volatile and your investments are at risk.
When SLP was launched, the initial price was around $0.03. Since the token spread the unique idea and shared fun, more and more new users have invested in it. However, the price had dropped below $0.01 in February, which is its lowest price. The question that even co-founder, Jeff Zirlin asked is if the market is ready for this type of currency.
It would be difficult to bring the currency back after this price, so a jump to $0.16 on 19 February is a big surprise for investors. We could say that the first season of the player vs player (PVP) arena. The key is to battle with other players and rank as higher as you can on the list. Depending on the place on the list you will earn the bigger award. It brought a huge interest in this game and the currency, and founders expect even better results in the future.
Nobody can deny that currency has incredible fluctuations in value over time. If we look at the price in July when it jumped from $0.003 to $0.19 in only two days, we could think that the currency came back on the stage. Axie Infiniti, the company that owns this currency, said that new gamers and interests brought the new price of the tokens, and improved the game and excitement of playing it. Unfortunately, it will not bring success for this currency as we expected.
The number of tokens is limited and the price drops when new users come into the game because new players increase the minting of the token. In other words, the price depends on the game's ecosystem. So, when the game is popular, the price of the currency drops. Inventors have made a new battle system, improved and approved by Ubisoft game studio, and with the marketplace upgrade, it should attract new gamers and players. It should increase the price again, so we can expect changes in a good way for this currency.
>>>Find SML on eToro<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
It is for sure that SLP had a bullish increase in 2021 and at the beginning of 2022, so experts expect that it could reach $0.4002 by the end of the year. If we follow the current fast growth, it could easily go up to $0.1027 or even $0.5 although it is hard to achieve by the end of this year. The currency may drop slightly, but no major falls are expected. However, some experts claim that SLP could be worth even $1 next year, while by the end of 2025 it could have a value of $5. It all depends on changes in the market, the current political situation, and the popularity of the game.
It is amazing how fast the currency could increase in a short time, but also drop for a few days. It is for sure that if you choose to buy SLP you must prepare for frequent changes in value. However, they should not be as dramatic as we could expect, so you can find Smooth Love Potion on one of the popular platforms and invest money in it.
Smooth Love Potion is a blockchain found in Ethereum based games. There is a very limited number of these tokens, and you cannot buy them on only a few platforms including Binance, Gemini, Crypto.com, and FTX. Some of the platforms support SLP tokens, too, but you should have special knowledge about purchasing them.
You should not forget that only 4,372,441,637 coins are in circulation. The price depends on the Axie Infiniti ecosystem and the number of players dictates the current price of it. As the popularity of the game increases, the price will fall. On the other hand, the price had extreme fluctuations in value in a short period, which means that the currency could cause dangerous losses.
However, when investing money you should be double careful. Although cryptocurrencies have great value at the beginning, the question is how they will act when new gamers start to play them. Ironically, more gamers mean a lower price, so the final price could drop rapidly, in only a few days. It is best if you choose a currency that is backed by stable contracts. One of the currencies that are always safe due to special types of controlling mechanisms is Lucky Block.
Not only that Lucky Block is a safe and stable model to invest your money into, but it is also a currency that you can buy on a safe platform. Lucky Block is a special type of cryptocurrency, based on an online lottery game, that you can buy on platforms that support players. The platform offers easy access to buying traditional gaming tickets, it is even more. It allows the currency to speculate on its price and security for buyers.
Right now, Lucky block is the best new crypto currency to invest in 2022.
Lucky Block had stable and continued growth since January when it was launched on Pancakeswap. On that date, the currency had the price of $0.0020 but in a very short time, it increased to $0.0092. Players and buyers are allowed to purchase currency on a stable and reliable platform, without scams and issues. All above is good enough to recommend Lucky Block as the best currency to invest in 2022.
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Cryptocurrency markets are highly volatile and your investments are at risk.
It is very easy to buy Lucky Block on Pancakeswap. The platform is very simple and allows buying different amounts of money with only a few clicks. Even beginners can trade on this platform thanks to the intuitive and simple manual. After you read the following steps, you will be able to purchase your first coins on this platform, too.
The first step in this procedure is to download a special application with the name Trust Wallet. It allows you to buy, sell and keep crypto, no matter how and when you have bought it. The application is available on Android and IOS operating systems.
After you have installed the application, the next step is to choose the right currency. All of the currencies that you can find on Pancakeswap operate on the Binance Smart Chain, paired with BNB. So, now you need to transfer BNB to your Trust Wallet. The application will allow you to perform this step.
Now, you need to click on the button "DApps" (you will find it on the bottom of the screen) that will authorize your connection and confirm the exchange. The platform now can recognize Lucky Block as the currency that you have chosen. The site will open the box where you should place the contract address of the currency so you can confirm the final transaction.
The process of buying Lucky Block is simpler and simpler with each step. The process is quite simple, you need to define how many tokens you want to buy and how many BNB tokens you want to exchange for Lucky Block. This transaction will be ended by choosing the button "Swap" to finally allow the transaction.
We are almost at the end of the procedure. Now you need to put your first tokens into the wallet. You need to go on the main Trust Wallet interface and find the button "Add Custom Token" and click on it. This step you should make before placing the contract address to Lucky Block. This button allows you to put Lucky Block on the list. Finally, the sum that you have bought is visible on your list now.
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Cryptocurrency markets are highly volatile and your investments are at risk.
Bearing all in mind, we can say that SLP price prediction is more than optimistic. You should invest in the currency if you are not afraid of fluctuations in value and changes in the market. Most importantly, you can invest in it if you like the gaming industry. However, a few serious drops in the past year can sound frightening so you should consider investing in some more stable currencies. The best currency that offers you safety and stability is Lucky Block which you can buy on the Pancakeswap platform. Our recommendation is to invest in Lucky block, for more info read LBLOCK predictions 2022.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
