$SLP 🧪 | Supply Shock or Just Another Potion? 🚀
The "farm-and-dump" era is ending. Since Jan 7, Axie Infinity has officially halted SLP emissions in Origins, slashing daily supply by ~90%. 📉
Why you should care:
Deflationary Pivot: With automated bot farming dead, the hyper-inflation that crushed SLP for years is finally being tackled. 🛑
Burn Mechanics: SLP is still required for breeding and morphing. Less supply + steady utility = a recipe for a trend reversal? 🧪
Market Move: Despite Binance delisting the low-liquidity SLP/ETH pair, the SLP/USDT pair remains high-volume and active. 📊
Technical Snapshot:
Support: Holding firm at $0.00085. 🛡️
Target: Eyes on the $0.0011 resistance. A breakout here could confirm the "Supply Shock" rally. 🎯
Is SLP finally waking up, or is this just a temporary bounce? Watch the volume! 🧐
#SLP #AxieInfinity #PlayToEarn #CryptoNews #SLPUSDT
$SLP trade here 👇
