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Hi guys, I think SLP (Small Love Potion) is an undervalued token with a NFT tag - it is connected to/needed in Axie infinity game and AXS token, which is already number 11 in NFT chart. Current total supply of SLP is only about 45 million. Check it out and turn it into magic potion :D

There is no maximum cap of this token just hype of NFT to invest in this project. While the main token AXS exist than it doesn't make any sense to buy this token which has no use case instead of as reward token in the game.

Can you provide more information about it?
I need to link to it, I cannot determine which is a real project.

It is needed to breed axies (animals). But NFT hype is good as well :D

AFAIK about this token, This is just a miscellaneous token that can be used optional on the Axie game which means Axie game can go on without the use of it while SLP token has no use without Axie game. So I don't see the demand for this token honestly. Unless this game can be used on different game and will give a special effect that will be a game changer.

What is the reason to buy SLP ? Its only user case is in game

It is performjng well :D

Also looking for its usage in the market I also believe that AXIE can be better to be used and the hype of NFT today will fade soon, so its hard to say that its undervalued where most of the NFT tokens are being pumped by the hype. A reward token is quiet not good for future investing, this can only be used as a reward itself.

i saw more than 4700 people add this project in their watchlist in coinmarketcap
this mean a lot of people got interested with this project
https://coinmarketcap.com/currencies/small-love-potion
also with low circulating supply in the markets, i predict this project could grow and reach about $0.5 in the near time

Yeah, I didn't say this token is mr. or miss right forever but is is mr. or miss right now :)

AxieInfinity ranks 3rd in Ethereum-based Applications.
It is true, the current SLP price is still very cheap, the project has good fundamentals and has a strong partnership, maybe I will add SLP to my portfolio.

They are described on official FAQ page of Axie Infinity so I don't know why it would not be true:

https://axieinfinity.com/faq

I think this NFT hype that people have will end up with a bad result in the end. I do think that defi will not end up like ICO but I think nft could end up like that in the end. There is nothing logical that helps people that worths this much but people end up spending that money anyway, if they didn't lacked the increasing use case and just let it be art thing like now, we could have maybe find a way to make a profit from this for a longer period but as you can see it is still as useless as it gets.

I personally think that all of the NFT tokens and all of the art being sold will become less valuable over time, maybe not that quickly but eventually it will get there. Of course it is not a guaranteed thing, but I just feel like it is empty hype and that is why I think it is quite possible that we will see it go down very quickly like a crash.

The attention is on nft now and no more defi, I saw the way Alice made fortune for some lucky investors and I am also looking for a good nft to invest on, I really haven't hear about small love potion (an unusual name for a project) but I guess it won't coat nothing to research on it.

Anyone who has followed OP's suggestion to buy SLP already earned huge profit for now. The thread was created on March, and now, it's July, which mean only 4 months later we already earn huge profit just by investing on SLP, (if you invested on AXS too, you will get another huge profit).

and how much profit did you get?

With the current condition of the crypto market, of course, it is not only SLP that has experienced a price decline, but almost all of the existing altcoins have experienced a deep price correction in the market, based on Coingecko, the SLP price has fallen 11.5% in the last 24 hours and there is a supply circulation almost 540 million coins in the market, so it can be said that the decline in SLP is not too big for a token in the form of NFT and in my opinion, of course there is still a possibility that the price of SLP will go back up to $0.4 if later it can break through the $0.37 price resistance in the current market .

Among 99% of other memecoins, deficoins, swapcoins and NFTs all totally down from their listing price.

Have you played Axie? Would you say it's the most mindblowing game on earth? Because if not, people gonna get bored and move on. If they haven't already.

just saw it turned up out of nowhere and got straight listed on FTX. gotta do some research on it then i guess.
isn't it one of these coins fully owned by alameda research by the way?

Small love potion has been increasing a lot lately as the game it is connected to which is Axie infinity has been very popular and patronized this past few months. I've seen plenty of my friends gaining huge amount of profits as they earn SLP everday while playing the game. I am also looking forward on investing in the game because the growth up until now is still continuously increasing. It would be a really great help for me and my family's financial status once my investment on the game becomes successful.

Unfortunately $0. Yeah $0, as i didn't invested on SLP and aware if crypto game will be so hype like this. I also didn't played Axie Infinity to earn some SLP token.

Small Love Potion ranks 186th on coinmarketcap, but its trading volume is huge, over $200 million USD per 24hr. SLP tokens have also been traded on major exchanges, but the market cap is still around $100 million USD, this is still very potential to grow. it's not too late to buy it now

This is not an ordinary NFT token, it serve with purpose and the demand for this token has increasing day by day. Looking at its price right now, I think it can reach $1 before the year end and if that happens, many players, breeders and hodlers will become rich and will end the year with a great smile. As far as I know Axie Infinity is still on a beta mode, and they are still working for big updates this year so there's still a time to buy before it hit its new all time high.

To be honest, Axie Infinity has caught my attention in the last few weeks. I currently lack the capital to start playing the Axie game but if I see many players who get 150 SLP / day I am very interested and intend to collect money and start playing this game. SLP to $1 why not possible.

Ive been playing axie for less than a month and all i can say is this game is huge already, has big updates coming, a new axie class, more quests and lands didn't even got implemented. currently has server issues and not playable at all for the last 3 days
but the best part imo, its so easy to profit from this game, slp are peanuts if you look into the marketplace and realize its full potential, in less than a month ive seen total number of axies sold in 24h go from 5m to 35m.

And the game is fun too.

150 SLP per day? if the SLP token can reach $1 USD, then it can be a very good income. I don't fully understand how to play and get SLD tokens, is there a tutorial or video guide to play it?

if compared with another project , SLP still have big gap in marketcapitalization and with current trading volume it should growth again and atleast could drive to higher price. moreover with this utility which is daily earning for player,it could attract new investors and gamers into this ecosystem. Very interesting , maybe could be first sight for new users.

actually this token only relies on NFT as the main access for investors to be there. i'm not even sure about this coin, because it only uses the name NFT for hype. but it needs to be analyzed for the coin so that we can decide how to see the coin in the future

They are not relying into a hype because they have a great product that every gamers love, a play to earn set-up is amazing where you can earn SLP as much as possible so I don’t think its just a hype.

If we follow the OP advice last march, we already made a good profit because Axie Infinity grows a lot in terms of volume of the players and its value AXS and SLP both was able to create its all time high this month of July and for me, it is still undervalued.

We can really see that it does really have that utility and demand which i cant really say that this is just pure hype thing and this post had been created on the time on where SLP is really still getting
some attention before it boomed up on after months and now we are see that there is really that kind of demand on the reason on why it did increase that high specially when its listed on
binance and same goes that this game is play to earn which did really poke out that soo much interest globally and now they are currently experiencing some problems into their
servers because of sudden influx number of players which it isnt surprising.

Hmmmh it depends Axies are really very expensive so add that to SLP prices hikes and things might just get ugly..SLl is needed in so many ways and it takes long time

Coinmarketcap = Small Love Potion
Coingecko = Smooth Love Potion
But whichever it is as long as it's SLP, those who have bought the token earlier than it's posted and before the game went on hype. You're all the winners guys because you've seen how cheap it was before and when it became played and invested by many people, the price not just for SLP but also for AXS has increased dramatically.

I am not sure about such investments, NFT for gaming is just hype now, but this sphere is not a limit for Non-Fungible Tokens. It is better, to my mind, to look for projects where NFTs are used for documents and data but not for just entertainment.
But, on the other hand, I can be mistaken as we don’t know the duration of this hype so if you can earn now then try.

I'm having that feeling too but while the hype is there, I'm happy to have been with the hype and aware of it. I've managed to earn already and got my capital back. What I don't like about this game lately is their trouble with the game, the lag, and the server that can't be fixed immediately. About your opinion that NFT should be just documents and data. I think that's a different form that no one will buy on unless those data and documents you're telling are very rare and got some value to go up. But through NFT games, play to earn, this gave some good style of making the project alive and that's why it's being on hype and hopefully if the hype goes down, the game will continue and its token will be tradable in many exchanges.

The inflation of SLP was so fast and there are bunch of people were also doing farming for SLP. This token got increased so high due to the pump on axs but when it already ended and then it will be going down again.
SLP didn't have total supply and that means when people are playing more and more axie and then there will be more SLP in the market.
We are still in the hype and anything got pumped but axie already lost a lot from its ATH

Burn coins, otherwise it will go to the bottom ...

I think the price of SLP has been recovering due to the price of BTC, but really a lot of the great offer there is and sales come from the large volume of Axie gamers, in fact the players make a profit every week, some a month, but Much of the sales of SLP comes a lot from there, since the SLPs are generated within the same game in the PVP part or in Arena, this could be causing the Bearish move even though they halved their rewards. The price of the SLP I do not think is undervalued, I believe that its price is the product of the amount of demand and supply that there is, many who enter Axie, as soon as they have to withdraw they do so regardless of the price. Popularly known as "dumpers" they only play for profit, they don't have a financial culture of being able to do Hodl or something similar.

You might be able to try other alternatives for projects other than NFTs but you are avoiding the popularity where the era of NFT has grown rapidly so far even gamers have earned a lot of money from NFT, we have to adapt to developments in crypto including for hype which is not liked but make it fun so you are motivated to achieve the main mission of taking advantage of all the hype.

I believe it is called "smooth love potion" nowadays, I do not know about before but that is what it is called in coinmarketcap. I do not play axie infinity myself, I am very much in love with the idea and hopefully maybe one day I can get scholarship, meanwhile I am just constantly watching others play it on youtube, there are series where people play it daily and share their daily moves, hell even streamers on twitch that play it, and I get to see what they are doing, rarely watched breeding go successful because most of the time the costs do not justify the work you put into them unless you have real good axies in which case the outcome could be very well.

And I have to say SLP is a great product that the price doesn't really matter in the short term. The more successful axie gets = the higher price of SLP will become, it is just way too connected to be any different.

I'm not a fan of this project in terms of its surroundings, with the previous hype the main project has experienced explosive growth. But honestly, I personally see P2E as purely about it rather than a sustainable investment product, so it's hard to judge that it's undervalued.

The inflation keep coming to this token. There's no way for the developers to stop it. The price is growing a little bit but it was going deep in a short time. This token is a disaster today.
It's lack of utility and remember the price of axie is also very cheap these days. Those farmers are also jumping from one to the another play to earn game. This token will not sustain for long term. It's difficult to judge whether the token with no limited supply can be called as undervalued token or not.

I have some of these coins in my wallet since they were around $0.05. Well, now the price has dropped quite a bit. I think it's due to the large number of supplies and also people are making huge amounts of SLP every day from axie games. well, even every day it continues to grow.
however, I might prefer AXS over SLP. since I feel that this coin continues to generate SLP and see no significant progress from month to month, I stopped holding this coin.

SLP is a token of the AXS ecosystem, there is nothing special about it, different from tokens that have their own projects,
but this is what makes SLP also have good Fundamentals, because Axie Infinity also attracts many investors and makes SLP more famous,
the result is SLP listing on Binance without difficulty, if you say undervalued, I don't think so.

I'm not too interested in the development roadmap of the project, but perhaps those who invest in it and are losing money have received lessons about investing. Not everything that's trending will bring good things. Perhaps the inflation here will take a long time for us to talk more passionately.

If you will only read the OP then you'll find that he says those words 1 year before when maybe this coin is Undervalue but year after on march 13? this Yeah the market had already changed and the movement of this coin also changed , this means there are no opportunity for this to drops bad more as how it stands now.
Yes and you can see it now that here is truly no special about this and yes the coin is dying so as AXS  ;D ;D