Smooth Love Potion (SLP) Price Spikes 262.4% in 7 Days
- Smooth Love Potion (SLP) has garnered a bull spike of 262.4%.
- The 262.4% represents just a 7 days price rally of the SLP token.
- Speculators suggest traders are been trapped by the crypto’s romantic name.
Smooth Love Potion (SLP) has entered into the league of the Altcoin hike craze as the price of its native token SLP has seen a drastic increase of 262.4% in just 7 days.
This represents a new testament and a complete growth rate that the SLP token has just smashed so far. Based on the token’s romantic name, “Smooth Love Potion” speculators suggest that traders are trapped by the name alone. Hence, this might have turned traders as well as apes into prey, especially when it comes to purchasing the SLP token.
In addition, the SLP token current performance on CoinGecko is catchy compared to its previous prices in 2021. The token’s 24-hour growth rate is on the benchmark of shooting up over 33.9%. Based on how the SLP token has geared up in performance, Smooth Love Potion will find it easy to amass the 33.9% value.
The SLP price spike movement commenced following Wednesday’s announcement that said: “Elimination of Adventure Mode and Daily Quest Rewards” is deemed for all Smooth Love Potion users.
6/ Elimination of Adventure Mode and Daily Quest Rewards
— The Jiho.eth (@Jihoz_Axie) February 3, 2022
The amount of SLP created per day is much more than that burned. 40% of SLP is created from adventure, 44% from PVP and the remaining (~14%) from daily quest
Thus, adventure mode & daily quest rewards will be reduced to 0
As per the tweet, the limit of the amount of SLP tokens that will be issued each day will be higher compared to the tokens that have been burned already.
The tweet explained,
40% of SLP is created from adventure, 44% from PVP, and the remaining (~14%) from daily quest [s]. Thus, adventure mode & daily quest rewards will be reduced to 0.
Lastly, the smooth Love Portion community is excited to see the rate of growth of the SLP token.
Read more: https://coinquora.com/smooth-love-potion-slp-price-spikes-262-4-in-7-days/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
