Although SLP is used primary as reward token on AXS platform, it also has some additional utility (breeding axies). Price is falling while RSI and VPT (volume price trend) are growing, that is usually very bullish (divergence) sign. That buy volume spike a few weeks ago should mean something. I am very bullish about this coin, but still... be careful. SLP has unlimited supply, and could fall if bitcoin grows or dives. IMO this coin could pull off SHIB or DOGE on exchanges in very near future. up to 10x short term price increase is completely possible, especially because of gigantic volume. Remember, this coin has 180M mc and trading volume could go over 11B a day. GOOD LUCK!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.