Many people in this digitized era are involved with online business and online investments. One of the most common ways of investing money online is by buying and engaging in cryptocurrency trading. This business is extensively booming and numerous individuals are joining themselves to the block-chain industry.
To closely monitor and analyze the trading value of several coins, there are many platforms being created that provide online investors with a clear picture about the position and value of different currencies. One of these online platforms is CoinGecko and the most popular coin conversion of this platform is CoinGecko SLP to PHP.
Are you interested in more information about this SLP coin and the conversion of this coin in other currencies? Stay with us and gain knowledge about CoinGecko SLP and other related cryptocurrencies.
What is CoinGecko?
CoinGecko is an online platform that provides a fundamental analysis of the digital currency market and trading. Moreover, the platform also shares the tracking price, volume and market cap. This platform specializes in tracking community growth, open-source code development, major events and on-chain metrics related to cryptocurrencies and digital marketplaces.
CoinGecko is a trusted and recognized name in the digital currency industry and is considered the leading source for tracking the crypto world. This platform is preferred by industry leaders including Trust Wallet, Etherscan, Trezor, Metamask and hundreds of other crypto platforms for best analysis and tracking related to cryptocurrencies.
There are various coins on the platform of CoinGecko which is used for trading by the industry giants. CoinGecko was founded in 2014 by TM Lee (CEO) and Bobby Ong (COO). Their aim was to democratize the access of crypto data and empower users with insights on different digital currencies. One of the most popular conversions on this platform is CoinGecko SLP to PHP.
Cryptocurrency Market Cap
Cryptocurrency market capitalization is the total value of all coins of a particular cryptocurrency that have been mined or are in circulation. It is used to determine a cryptocurrency’s rating and value in the market. The higher the market capitalization of a particular cryptocurrency, the higher its ranking and market share.
Cryptocurrency market capitalization is calculated by multiplying the total number of coins in circulation by its current price. For example, to calculate the market capitalization of Ethereum, you simply multiply the total number of Ethereum in circulation by the current price of one Ethereum and you will get its market capitalization.
As a financial metric, market capitalization allows you to compare the total circulating value of one cryptocurrency to another. Several crypto projects appear to have inflated market capitalizations due to their price volatility.
What is Smooth Love Potion – Coingecko SLP?
Smooth Love Potion, commonly known as SLP, is an ERC-20 token on the Ethereum block-chain that is used today in the popular play-to-earn NFT-based game called Axie Infinity. This game is developed by a Vietnamese gaming studio which was inspired by the popular virtual pet games Pokémon and Tamagatchi.
Clients in the Axie Boundlessness universe gather virtual pet animals called “Axies” that can be reared, sold, raised, exchanged or utilized fighting continuously. Each Axie in the game is additionally a NFT, which clients can exchange on the in-game commercial center or convert for benefit.
Axie Infinity uses a dual token economy. Clients can either acquire SLP (Smooth Love Mixture) or AXS (Axie Limitlessness Shards) as remunerations while playing in Fight Mode or Experience Mode. These tokens can be used in many ways within the game which are necessary to progress in the game.
AXS is the governance token of the Axie Infinity ecosystem. SLP, on the other hand, is the in-game currency. To prevent hyperinflation, there is a maximum number of each Axie species that can breed before they become barren.
The real-time trading volume of coins has increased significantly, especially in Southeast Asian countries such as the Philippines. The CoinGecko SLP to PHP price has become the most important conversion rate in crypto for a long period of time.
However, the value of the CoinGecko SLP token has dropped significantly since reaching ATH in July 2021. Despite this decline, the game’s revenue potential, it has maintained a strong user base. So, the CoinGecko SLP to PHP conversion rate continues to be the most popular rate conversion associated with the game.
Smooth Love Potion to Philippine Peso – Coingecko SLP to PHP
The CoinGecko SLP to PHP Conversion rate for today is US$0.1936, down by 0.55% over the last 24 hours. The current price direction of Smooth Love Potion is upward as SLP has risen 1.84% over the last 30 days.
A Filipino user can now trade his Smooth Love Potion in pairs directly to Philippine Pesos (SLP to PHP) on various peer-to-peer (P2P) exchanges. The value of Smooth Love Potion on several P2Ps is set by the advertiser which is the seller of the currency.
Before making a transaction, it is recommended to check the CoinGecko SLP–to–PHP value on Coin Market Cap. Potential buyers can deposit Philippine Pesos (PHP) to P2P and exchange them for USDT, BUSD, BNB, ETH, TRY or BIDR to buy Smooth Love Potion (SLP).
SLP to PHP History and Rates
- Oct 31, 2022
- Oct 30, 2022
- Oct 29, 2022
- Oct 28, 2022
- Oct 27, 2022
- Oct 26, 2022
- Oct 25, 2022
Frequently Asked Questions
- What is the Symbol of Smooth Love Potion?
SLP is the symbol used for Smooth Love Potion.
- Is Smooth Love Potion a stable coin?
No, Smooth Love Potion is not a stable coin as the rates of this coin are variable and change on a daily basis.
- What was the lowest price for Smooth Love Potion?
The lowest rate of Smooth Love Potion was P0.1853.
- What was the highest price for Smooth Love Potion?
The highest rate for Smooth Love Potion was P17.54.
- What is the Conversion rate of CoinGecko SLP to PHP?
The conversion rate of CoinGecko SLP is P0.1938.
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