SLP

Small Love PotionSLP

Rank #1477
Token
On 1,154 watchlists

Small Love Potion Price (SLP)

$0.01210
3.92%

0.0000003365 BTC

0.000009781 ETH

Low:$0.01159
High:$0.01278
24h
SLP  Small Love Potion SLPPrice: $0.01210 3.92%
Market Cap
$553,522
3.92%
Fully Diluted Market Cap
- -
Volume
24h
$71,372
32.09%
Circulating Supply
45,735,622 SLP
Total Supply
45,735,622

Small Love Potion Chart

 

How do you feel about Small Love Potion today?

Vote to see community results

About Small Love Potion

Small Love Potion price today is $0.012103 USD with a 24-hour trading volume of $71,372.04 USD. Small Love Potion is down 3.92% in the last 24 hours. The current CoinMarketCap ranking is #1477, with a market cap of $553,522 USD. It has a circulating supply of 45,735,622 SLP coins and the max. supply is not available.

The top exchanges for trading in Small Love Potion are currently Binance, Hoo, Uniswap (V2), and Bilaxy. You can find others listed on our crypto exchanges page.

What Is Small Love Potion (SLP)?

Small Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.

SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.

It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed. Purchasing SLP on the open market is a way for gamers to get a headstart.

Who Are the Founders of Small Love Potion?

A better question is this: who founded Axie Infinity? The CEO of the company behind the game is Trung Nguyen, who actually left his role as a software developer in the U.S. in order to focus on the project.

According to Nguyen, he was motivated to explore blockchain’s potential in gaming because he was frustrated at how many players don’t truly own valuable assets in popular titles. In an interview with Blockchain Gamer, he said the Ethereum platform had given him the ultimate opportunity to create his “dream game.”

Nguyen says that the breeding process, for which SLP is used, is designed to be familiar to those who have played other collectible games such as CryptoKitties.

What Makes Small Love Potion Unique?

It’s fairly unusual for in-game currency to be listed on exchanges like SLP has. In a way, it’s like Nintendo deciding to tie monetary value to the coins used in Super Mario.

Nguyen says Axies are different from other non-fungible tokens because of how they need to be nurtured if they are going to have any chance of reaching adulthood.

SLP is also unique because of how it has become one of the few in-game tokens to be listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “that are likely to have higher volatility and pose a higher risk than other tokens.”

Find out about the Axie Infinity (AXS) governance token.

The latest data about Ethereum.

Learn about the magical world of cryptocurrencies with CMC Alexandriа.

Read the latest crypto news and analysis on the CoinMarketCap blog.

How Many Small Love Potion (SLP) Coins Are There in Circulation?

When it comes to tokenomics, the number of SLP in circulation is rather fluid. That’s because of how these tokens are burned whenever new Axies are bred. Nonetheless, at the time of writing the circulating supply of SLP was in the tens of millions — and this ERC-20 token does not have a hard cap.

If the number of Axie Infinity players increase substantially, this could result in much higher levels of SLP entering into the ecosystem as more competitions are won and lost.

How Is the Small Love Potion Network Secured?

Small Love Potion doesn’t have its own blockchain as it is an ERC-20 token — instead, it runs on the Ethereum blockchain.

Where Can You Buy Small Love Potion (SLP)?

When SLP initially launched, it didn’t actually have a fluctuating value as a cryptocurrency. However, this all changed when a liquidity pool for SLP was created on Uniswap. As we mentioned, the Binance Innovation Zone has unveiled support for the Pokémon-inspired game. A single trading pair is offered, linking SLP with ETH.

All of this means that you may have a little difficulty purchasing SLP directly with fiat. As a result, you may need to convert your dollars, pounds or euros into a mainstream cryptocurrency such as Ethereum first. You can find out more about this process here.

converter-coin-logo

SLP

Small Love Potion

converter-coin-logo

USD

United States Dollar

SLP Price Statistics

Small Love Potion Price Today
Small Love Potion Price$0.01210
Price Change24h$-0.0004750

3.92%

24h Low / 24h High
$0.01159 /
$0.01278
Trading Volume24h$71,372.04

32.09%

Market DominanceNo Data
Market Rank#1477
Small Love Potion Market Cap
Market Cap$553,521.65

3.92%

Fully Diluted Market CapNo Data
Small Love Potion Price Yesterday
Yesterday's Low / High
$0.01179 /
$0.01288
Yesterday's Open / Close
$0.01192 /
$0.01236
Yesterday's Change

3.69%

Yesterday's Volume$50,112.41
Small Love Potion Price History
7d Low / 7d High
$0.01077 /
$0.01380
30d Low / 30d High
$0.01077 /
$0.03015
90d Low / 90d High
$0.01077 /
$0.09693
52 Week Low / 52 Week High
$0.009543 /
$0.2002
All Time High
Jul 08, 2020 (6 months ago)
$0.2002

93.95%

All Time Low
Jul 16, 2020 (6 months ago)
$0.009543

26.82%

Small Love Potion ROI

93.87%

Small Love Potion Supply
Circulating Supply45,735,622 SLP
Total Supply45,735,622 SLP
Max SupplyNo Data

Small Love Potion Markets

#

Source

Pairs

Price

Volume

Volume %

Liquidity

Confidence

Updated
No Data

Small Love Potion News

Read more