Axie Infinity's SLP Currency Value Now Almost Zero

Crypto markets are crashing and it seems every other digital asset has been in the red for the longest time – including Axie Infinity's Smooth Love Potions (SLP) which is now at a sob figure of zero. The currency has been going down, especially since the market is saturated by players rushing to the game.

Timeline of Axie-infinity, Smooth-love-potion

Axie Infinity released the origin android APK and the new Origin update brings a number of upgrades and bug fixes to its network so let's read more today in our latest blockchain news today. Axie Infinity shards appear to be one of the only cryptos to trade up in the past 24 hours and despite

Axie Infinity's price is shattering the support levels as it falls off a cliff. This massive downswing is a result of two reasons – the market condition and a top reversal pattern formed over the course of eight months.

Digital currency ecosystem company BTCS, a pioneer in the blockchain and digital currency ecosystem, announced the addition of blockchain-based game Axie Infinity to its blockchain infrastructure operations.

Today's Axie Infinity price analysis is bearish as the market has not been able to move beyond a key resistance level at $49.3. The trading price of AXS is currently at $29.7, and the market looks set to continue its downward trend in the near term.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The buyers finally increased their intensity by cooling off the sell-off situation and finding dependable grounds at the $28-zone over the last few days.

Today's Axie Infinity price analysis displays a bearish movement in the market, and the market moves towards a slightly upward direction, raising the price of AXS little by little. After that, however, the cost of AXS experienced a flash crash and declined to $28.9, from $31.1; on May 8, 2022, AXS/USD lost further momentum and.

There has been a growing trend of video game developers launching their projects as NFTs to secure big investments. The video game industry and fintech industry are conjoining the respective technological facilities to build a space for creators to gain financial stability.

The Axie Infinity(AXS) price retests the $27 support twice within a fortnight. Moreover, an evident bullish divergence in the daily-RSI indicates the buying pressure at $27, encouraging the formation of a double bottom pattern.

The performance of the global crypto market has taken another weird turn as it hasn't been able to stay stable at a specific point. The changes in its value have been disconcerting for the investors because of the continuing bearishness as seen in case of Bitcoin and Binance Coin.

Blender.io, a platform focused on providing mixing services in the crypto market, has been sanctioned by the US Treasury. According to the regulatory body, the Blender platform played a vital role in the successful hack of Ronin bridge and Axie Infinity some weeks ago.