#ReadCash#..!!!!(axie infinity, knowing the slp scenario for the future)!!!!!

Greetings dear followers of this wonderful platform and especially to all those who live in this wonderful community, where economic content associated with the world of cryptocurrencies in general is supported.

In this sense, through this delivery, I would like to address some economic perspectives associated with the current movements in the price of the SLP, understood as the token associated with axie infinity, an NFT game that has acquired prestige and dynamism in recent times.

In such a way that it is no secret to anyone that the developers of axie infinity took economic measures in order to correct the decline that was perceived in the price of the token that players obtain for participating in this Play-to-Earn game, referring to the SLP.

Measures that managed to boost the price by more than 400% in less than a week, however, the euphoria of investors seems to have run out, since the price maintained a bullish behavior for a while ephemeral and we already observe a depreciation of more than 60% if we buy it with the maximum peak of the previous rise, which does not allow us to infer that the economic measures taken were not enough to stabilize the price of the token.

Without focusing our attention at the chart level, we can see that the rise was a moment of convergence of different factors, among which a fundamental analysis driven by economic averages, a speculative process developed by users and their buying and selling process and the bullish scenario that was generated on Bitcoin at that time.

The confluence of these factors undoubtedly boosted the price of the SLP, however, as of the date of this issue we can see how the price struggles to maintain support above $0.0278, although through the technical analysis carried out allows us to infer that there are no reasons for the price to rise again, since currently more SLPs are being produced than are burned, such is the case that a 1:20 ratio is maintained between those that are burned and those that are burned. that is produced.

As an investor and with optimism placed in the project, I can think that the price will enter a new bearish setback that will take us to $0.020 since the sell orders exceed the purchase orders as observed in the commercial interest on the asset delimited with the of the volume profile, so that it will be until the arrival of the V3 battles that we will be able to observe a new rebound to $0.060, in the first instance due to the burning methods that will be implemented and in the second due to the fundamentals that represent the beginning of a new game methodology.

It is necessary to highlight that these lines of thought are not financial advice, on the contrary, I would like to know your point of view to have a global vision, perhaps different from my way of perceiving the behavior of this financial asset.