As mentioned in my previous analysis, all indicators is showing a bullish signals now+ after the Season 20 , SLP from 0.099$ went up to 0.040$ . Yes only 48 hours has pass after the announcement and its price has a massive growth
Why is SLP Pumping today? SLP MINTING has been reduced in the GAME itself. Previously, if you have one team, you have assurance of 75 SLP per day once you finish the ADVENTURE MODE now its gone.
- Daily quest SLP has been removed. (25 SLP) - Adventure mode SLP has been removed. (50 SLP) - SLP rewards have been reduced at certain MMR brackets.
Future BURNING MECHANISM is coming!! More usage of SLP for fees Origin- Part upgrade Land & ETC / More SLP fees
So expect now more demand and less supply in the coming months in SLP. This is a good sign for this crypto . Previously it price went down due to oversupply, millions has been minted everyday and less burnince mechanism for this coin. With the new annoucement this has been corrected.
Expect now a bullish trend in this coin and will seek a new All Time High, probably and max 0.60- 0.70$ .
Kindly note that this is my personal analysis and you can take as a guide. DYOR and do ur own technical analysis then decide.
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