SLP Continues Dipping

in Axie Buzz2 years ago

Surprise surprise lads, our beloved #SLP continues to dump further and there's nothing stopping this beast from getting rigged.

No one saw It coming eh?

Just kidding, 90% of the market was aware of the nature of the dump. One had to be extremely retarded to think otherwise. However, those who maintain the same dose of enthusiasm and farm/buy cheap will get ahead next time when the pump occurs. Just like life, it comes in cycles.

Despite all the development, I find it quite impossible for #SLP to get back where it was a few months back. And no, I'm not referring to astronomical $0.4 levels, rather something more realistic - $0.1.

I know, it may sound contradictory, but even at $0.05 the returns are wild.

500% isn't bad, don't u think?

Yet again, the burn/mint ratio is rather fucked and the only way to save this thing from going down is to add hard core burning mechanisms.

I've seen some speculations on land and similar stuff, but I don't think it'll be enough to stimulate people to buy. We need something outside this planet to regain the trust of the investors.

The Future

The future still looks legit/semi-legit

We're all aware of how fast the sentiment changes, and given the looks of the market in general, I would be surprised to witness reversal in the upcoming weeks.

What matters tho Is the community, and regardless of flame by certain individuals, who lost their money trying to speculate on prices, I see no reason not to be part of it.

Given they pioneered P2E gaming system, it's no biggie they messed it up. What bothers me, is the fact they haven't listened to the community.

We've been vocal about rooten tokenomics for months, and yet they did nothing.

That's the thing that bothers me the most.

Set backs were needed so Im not worried too much.

Let's keep building, our time is coming.