This article was last updated on August 8, 2022
With the current state of the crypto market, many investors are looking to sell their assets. On the other hand, we have experienced investors who believe in crypto and see this opportunity as a discount. These same investors are also looking into Smooth Love Potion price predictions because SLP is looking to become part of the top 100 cryptocurrencies by market cap.
This is a feat it previously achieved, but it was a short-lived glory. It happened when SLP got launched on Binance, where it had a good run, even during the bad crypto market state.
So what will help Smooth Love Potion become more stable once it climbs the ladder this time, and will that even happen?
This is exactly what we will be covering in this article, including more information about the Smooth Love Potion network.
If you are new to the crypto space, we highly suggest checking out our dedicated article for crypto beginners. Once you read it, you will have a great foundation and an easier time navigating through the crypt space.
Over the past week, the price of Smooth Love Potion (SLP) remained around $0.005008. The circulation supply is 43 billion tokens. The market cap went up to $215 million.
Table of contents
- What is Smooth Love Potion (SLP)?
- Can Smooth Love Potion (SLP) Reach $1?
- SLP Price Prediction For 2022 – 2030
- 2022 Smooth Love Potion Price Prediction
- 2023 Smooth Love Potion Price Prediction
- 2024 Smooth Love Potion Price Prediction
- 2025 Smooth Love Potion Price Prediction
- 2026 Smooth Love Potion Price Prediction
- 2027 Smooth Love Potion Price Prediction
- 2028 Smooth Love Potion Price Prediction
- 2029 Smooth Love Potion Price Prediction
- 2030 Smooth Love Potion Price Prediction
- Our Opinion On Smooth Love Potion (SLP)
- How To Buy SLP
What is Smooth Love Potion (SLP)?
Smooth Love Potion, or SLP, is a token that you can earn by playing the Axie Infinity game. However, you can also purchase them through any crypto exchange that supports the token. It is essentially a digital crypto asset that serves as a replacement for experience points or EXP.
SLP is an ERC-20 token, which is exactly why MetaMask supports it. You can use it to create new digital Axies, which are basically digital pets.
Depending on what you want to breed, the SLP cost increases in the game. The first pet you can breed only costs around 100 SLP, which increases to 200 SLP for the second breed. For the third breed, you have 300 SLP, which is relative to the level * 100. However, for the fourth breed, it increases to 500, to 800 for the fifth breed, and the sixth is 1,300 SLP.
Finally, Axies can be bred up to a maximum of 7 times. This means there is a 7th breeding time, which costs 2,100 SLP. According to the official Axie Infinity website, this limitation of 7 breedings is a placeholder that prevents hyperinflation in the Axie marketplace.
The reason for SLP to be so popular is because Axie Infinity players use it as a way to get a headstart. That’s because in-game, you might need to win more than 15 competitive battles before you get enough SLP to perform your first breeding.
As such, the popularity amongst players transferred to the general public, which is looking to make money off of the game’s movement.
Can Smooth Love Potion (SLP) Reach $1?
Smooth Love Potion is a project that comes with a lot of utility. This is what many investors love about it. Owners are optimistic about the development of the network once the market stabilizes. That’s why so many believe the price will not only reach $1 but go beyond and reach its past glory.
However, let’s think about it for a moment. The current price of Smooth Love Potion is around $0.004, which is far away from its previous all-time high of $0.36. This means it will need a 250x increase in price in order to reach an evaluation of $1. With a current market cap of $163 million, this will result in a new market cap of more than $40 billion.
This is nearly impossible to happen even after the market stabilizes and crypto sees more adoption. The reason behind that is simple. There is not enough utility the token provides to its investors and to the future of the crypto industry.
However, as time goes by, the relative market cap of the crypto market will increase. This means that these $40 billion will not be that big of a market cap. Yet, the token will probably need to reduce the total amount of tokens in circulation for them to become more valuable.
This is why we believe Smooth Love Potion will reach $1, but it won’t happen anytime soon. Rather, if that happens, it will be more towards the end of the decade. However, once the crypto market expands, the token potentially burns its supply.
So when is Smooth Love Potion going to reach $1? It will take at least 8 more years, or even 9, if we are being conservative. This means it SLP will probably reach a price evaluation of $1 during the beginning of the next decade.
SLP Price Prediction For 2022 – 2030
Smooth Love Potion’s future price is difficult to predict as it is reliant on a number of factors, including the performance of the Smooth Love Potion network, global economic conditions, and the price of other cryptocurrencies. However, if Smooth Love Potion continues to grow as a network at its current rate, it is possible that the price evaluation for SLP could easily start climbing back towards the $0.01 mark by the end of 2022.
This would represent a significant increase from its current price of around $0.004, but would still be way below its all-time high of $0.36, reached in May 2021. While Smooth Love Potion’s future price is impossible to predict with certainty, we are eager to share with you our analytical forecast.
Keep in mind that these are mainly speculations, although supported by facts and other somewhat solid factors. With that being said, let’s head on to the interesting part.
2022 Smooth Love Potion Price Prediction
Some of the financial industry’s top names have lent their weight to Smooth Love Potion’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrency.
According to that and to Smooth Love Potion’s performance over the past year, it may achieve a tremendous boost by year’s end, unlike other significant coins like Bitcoin and ETH, and break through the $1 mark yet again, which will get it closer to its previous heights.
Of course, there’s the scenario that we experience further world conflicts that can affect the crypto market. In that case, we can expect SLP to drop in price. No one can say for sure how low it may go, but we can easily see it dropping to around $0.035-$0.041.
2023 Smooth Love Potion Price Prediction
Many analysts have made Smooth Love Potion price predictions for 2023, and the general consensus is that the price of Smooth Love Potion will continue to rise. This is based on a number of factors, including the increasing use of Smooth Love Potion’s technology, the growing popularity of crypto, and the overall positive outlook for the global economy.
While it is impossible to say exactly what the price of Smooth Love Potion will be in 2023, most experts agree that it has the potential to reach new heights.
More realistically, we can expect the price of Smooth Love Potion to reach $0.068-$0.081 by the end of 2023.
2024 Smooth Love Potion Price Prediction
If the growth of Smooth Love Potion continues, we can easily see it getting massive adoption. Our price prediction for 2024 is as conservative as possible in order to not misguide you.
We believe that by the end of 2024, the price of Smooth Love Potion will reach at least $0.09. If we let ourselves be a bit more speculative, we’d raise it to $0.10.
2025 Smooth Love Potion Price Prediction
According to many Smooth Love Potion enthusiasts and their price predictions, SLP prices may rise dramatically in the trading range between $0.125 and $0.151.
However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, SLP price prediction as a cheap and convenient digital asset might become a reality.
For this scenario, we must also consider that the Smooth Love Potion network can significantly expand and develop. In that case, prices may even go as high as $0.192, but that is quite ambitious.
As for a worse scenario, there are many things we cannot predict. Such is any global military, environmental, pandemic, financial, and other similar issues.
But let’s explore what we have at hand. If a Smooth Love Potion competitor arises, things can definitely go south for Smooth Love Potion. Another thing that can happen is if there’s any change in the network’s operation.
This can include a change of CEO, developers, other team members, etc. If that happens, we can see the price of Smooth Love Potion dropping by 50-70%, meaning it will go for about $0.088-$0.092.
2026 Smooth Love Potion Price Prediction
Keeping our conservative approach, we won’t try to make any ridiculous price predictions for Smooth Love Potion in 2026. Although many believe that by 2026 the price of SLP will be at least $0.23, we’d give a different value.
2026 is actually not too far away, but in terms of crypto, it is. We believe that Smooth Love Potion will be evaluated at anywhere between $0.20 and $0.24.
2027 Smooth Love Potion Price Prediction
As the years go by and Smooth Love Potion continues its expansion and proves its utility, we can easily see it going for as much as $0.40. However, if we are being more realistic, the price might remain moving sideways, as that is a hefty growth.
By that, we mean that SLP will be evaluated at around $0.31 – $0.39. We think the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.
2028 Smooth Love Potion Price Prediction
In 2028, if Smooth Love Potion comes out with new projects and experiences further adoption, we can see it potentially going out and reaching a price of $0.41 – $0.45. However, this is mostly optimistic.
On the lower end, we can see SLP being worth around $0.39 while on average remaining at around $0.40.
2029 Smooth Love Potion Price Prediction
For the last year of the decade, we believe that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.
As such, we think Smooth Love Potion will be moving at around $0.52 to $0.57 easily, although we can also see it reaching the $6 mark.
2030 Smooth Love Potion Price Prediction
Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about 8 years into the future.
Some experts’ analyses make up a forecast that Smooth Love Potion’s price could reach up to $0.712 by 2030. This would be a significant increase from its current price of around $0.004. However, it is important to remember that Smooth Love Potion is growing, and so is its adoption rate, utility, and potential.
In addition, the current global economic situation could also lead to an increase in the price of Smooth Love Potion, as more investors look to cryptocurrencies as a safe haven for their money. Only time will tell whether this price forecast comes true, but Smooth Love Potion certainly seems to have a bright future ahead.
That is unless we see global frames in which cryptocurrencies have to operate in the future. What we mean here is that countries could start incorporating restrictions. There already are some countries like Qatar, China, Turkey, etc.
If that happens, we can see many of the tokens we all love and know drop down by a lot. This might even mean the end of cryptocurrencies as we know them.
For Smooth Love Potion, if that happens, we can easily make a price forecast that SLP can drop in value by 90%. To be more specific, this might mean a price evaluation of less than $0.12. On a brighter note, this is highly unlikely, even though not impossible.
Related: Ubiq Price Forecast
Our Opinion On Smooth Love Potion (SLP)
Given the Smooth Love Potion price today, we can make lots of speculations. However, when making a price prediction or looking at one, you must stay completely aware that most of the time, it is completely off.
Although we kept a conservative approach with our average forecast price, you should still take this prognosis with a grain of salt.
Smooth Love Potion is certainly a great project with huge potential, which makes us believe that it will survive throughout the years.
Overall, although we believe Smooth Love Potion will certainly be bullish and we believe in our speculations, we can never be certain.
How To Buy SLP
Thanks to the token’s massive success and popularity, Smooth Love Potion is listed on most major crypto exchanges and online trading platforms. Investing in crypto is not too complex, and you won’t have to go through a lot of unnecessary steps. Below we have provided an in-depth outline of the general steps you will need to take to invest in Smooth Love Potion.
Choose A Crypto Exchange Platform
The first thing you will need to do is choose a crypto exchange platform that carries Smooth Love Potion. Luckily, the token is quite popular and is present on most major platforms like Binance, Coinbase, Bitstamp, and Kraken.
Create An Account
After you have chosen your trading platform, you will need to create an account if you don’t already have one. This process is usually pretty straightforward and usually takes only a couple of minutes. However, you will need to provide personal information such as full name, date of birth, email address, etc.
Verify Your Account
Once you have set up your account, you will also need to verify your identity. This process is a bit lengthier and requires some additional information. Generally, the platform will require that you provide copies of your photo ID, proof of address, and other documents. This is in accordance with Know Your Customer (KYC) laws which aim to prevent fraud.
Deposit Fiat Currency
Next, you will need to deposit funds into your account. You will use these to purchase SLP coins. The amount you can deposit will depend on the crypto exchange platform you are using and the number of coins you wish to purchase. Each platform will support different payment methods and have varying minimum requirements.
Once you have supplied your account with sufficient funds, you can purchase your SLP coins. Head over to the markets or crypto exchange section of your platform and search for the SLP symbol. Once you have found Smooth Love Potion, place an order for as many tokens as you would like to buy. Alternatively, you can input how much fiat currency you would like to spend, and the system will show you how many tokens that translates to.
(Optional) Move Your Smooth Love Potion Tokens To An External Wallet
Once you have purchased your Smooth Love Potion, you have the option to move it to an external third-party wallet. While you can easily store your cryptos in your exchange profile, a dedicated wallet is much more secure. Most platforms allow you to easily transfer your cryptos by linking a dedicated wallet to your exchange account. Alternatively, you can do it manually by transferring them to your wallet’s public address.
Taking all of the above into consideration, it would appear that SLP is a very promising investment. The price predictions for SLP are exceptionally positive, and the coin does have a lot of potential.
Of course, as with any investment, there is no guarantee that SLP will reach the predicted price points. However, if you are looking to invest in cryptocurrency, SLP is definitely worth considering.
There aren’t too many unique projects that have been coming out these days. Most are looking to give solutions to problems that do not exist. Others are looking to create problems in order to give solutions to irrelevant sectors of the crypto market.
That is definitely not the case with Smooth Love Potion. The network will definitely keep growing and expanding its adoption. Even if the general public does not take better notice of Smooth Love Potion anytime soon, huge companies are already working hand in hand with Smooth Love Potion to better their operations.
We will keep an eye on the development of Smooth Love Potion and how it performs. Its potential in tandem with our price predictions makes us keen to see what lies in the future for Smooth Love Potion.
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