Smooth Love Potion Price
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Price Statistics
Live SLP Price Summary
As of May 1, 2026, the global cryptocurrency market cap is $25.20M with a +0.13% change in the last 24 hours. SLP's current price is $0.00069313, with a 24-hour trading volume of $1.35M. SLP is +0.03% in the last 24 hours, with a circulating supply of 36.35B SLP coins and a maximum supply of -- SLP coins. SLP ranks 773 by market cap. It has a 24H high of $0.00070185 recorded on May 1, 2026, and its 24H low so far is $0.00068415, recorded on May 1, 2026.
Smooth Love Potion price analysis by TradeGPT
- Recently, SLP has exhibited both high volatility and structural opportunities.
- At the end of April, large block transactions triggered a short-term surge in bullish momentum, with trading volume spiking sharply before quickly retracing.
- However, there were evident signs of capital rotation and accumulation at lower levels.
- The current range of 0.
- 00068–0.
- 00074 provides stage-wise support, though short-term upward moves lack sustained catalysts, warranting caution over potential profit-taking and momentum decay risks.
- In the derivatives market, leverage remains high and shorting costs have risen, implying that any event-driven trigger may lead to a short squeeze and increased market turbulence, escalating short-term trading risk.
- The macro environment remains cautious; SLP's subsequent performance largely depends on ecosystem development and the influx of incremental external capital.
- It is recommended to focus on the turnover cycle, risk exposure, and responses to unexpected events at this stage.
- Maintain range-bound trading, and only increase positions after a clear breakout signal emerges.
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Smooth Love Potion News
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Tokyo’s key inflation gauge unexpectedly slowed and remained below the Bank of Japan’s target, supporting policymakers’ cautious approach toward resuming interest-rate hikes.
Wall Street Breakfast | May 1, 2026
About Smooth Love Potion (SLP)
What Is Smooth Love Potion (SLP)?
Smooth Love Potion (SLP) is an ERC-20 utility token used as in-game currency for the blockchain-powered game Axie Infinity. Before the token was upgraded to the Ronin blockchain, it was known as "Small Love Potion."
In “Arena Mode,” Axie Infinity players engage in battle to obtain SLP tokens as rewards. Previously, players could earn a maximum of 25 or 50 SLP from daily quests or “Adventure Mode,” respectively. Since season 20 of the game has kicked in, however, players don’t earn SLP from Adventure Mode, while only experienced players are able to earn from daily quests.
SLP Price (Smooth Love Potion)
SLP hit record highs in price in May and July of 2021. From July to September 2021, however, its price declined steadily. SLP's price has plateaued since June 2022.
What Is SLP Used For?
SLP tokens are used for breeding new digital NFT pets known as Axies. The cost of breeding starts at 100 SLP and increases sharply thereafter, reaching 200 SLP for the second version, 300 SLP for the third, 500 SLP for the fourth, 800 SLP for the fifth and 1,300 SLP for the sixth.
Axies can only be bred a total of seven times, with the final iteration costing 2,100 SLP. This limit is put in place to prevent market hyperinflation.
SLP Tokenomics
There was no presale for the SLP token. Instead, Axie Infinity’s mechanisms determine how tokens are distributed. According to publicly available documentation, there was no initial supply allocation. Rather, tokens were distributed to game players as rewards for achieving certain targets/milestones.
SLP tokens can be considered inflationary, with token supply growth determined by in-game activity at any given time. Axie Infinity players earn SLP by fighting in-game battles and participating in competitions and other events. SLP tokens used in Axie breeding operations are burned, helping to maintain balance by offsetting the amount of SLP earned through gameplay.
Who Is the Founder of Smooth Love Potion?
Trung Nguyen is the founder of Axie Infinity and its currency, Smooth Love Potion. Nguyen left his position as a software developer in the United States to focus on the project in 2017. The following year, he formed the Sky Davis Company, Axie Infinity’s parent company, along with his peers.
How to Store SLP
SLP can be stored in cryptocurrency wallets, including Ledger Nano S and Trezor Model One.
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Frequently Asked Questions about SLP(Smooth Love Potion)
- As of May 1, 2026, Smooth Love Potion (SLP) is trading at $0.00069313.
- In the last 24 hours, the lowest price is $0.00068415, and the highest price is $0.00070185, with a trading volume of $1.35M.
- The market cap is $25.20M, ranking it #773 among all cryptocurrencies.
Disclaimer
Investments in cryptocurrencies, including but not limited to purchasing Smooth Love Potion and other digital assets through Bybit, carry significant market risk. Should the digital asset you are seeking not be currently available on Bybit, please be advised that it will be introduced in the near future. Bybit disclaims all liability for any results or outcomes of such investments. The information regarding pricing and other relevant data presented herein is derived from publicly available sources. This content does not reflect the official stance of Bybit and should not be construed as investment advice, a recommendation, or an offer to buy, sell, or hold any form of digital assets.
Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.
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Price History (USD)
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