SLP
It sure does seem like #SLP lost its momentum from going upwards as we are touching the support line once again. The good thing is that there's a slight bounce and trading volume is 30% higher, which means that people are buying.
I think the main reason for the death spiral are the new players who simply came to milk the system. That's why I think the managers should take into consideration who're they onboarding, thus calculate the best possible solution.
I'm not saying that people shouldn't withdraw anything, but if the general sentiment remains "play to earn and dump it immediately" we'll have to create a bit different tokenomics.
Demand has to outscale supply.
I've already talked about adding additional sinks to the $SLP but development takes time...
Perhaps staking will help, although I'm not sure if there's going to be an additional inflation on top of the existing one or there will be slight changes on both fronts.
What I'm worried about though, is that if the price starts going down continuously, the userbase will shrink.
$0.12 is still a good price IMHO, not even close to $0.4 tho but it can provide pretty neat additional income to anyone involved, however, it's important to think long term and if we can't sustain those levels, things might get tricky.
I'm not FUDing but the chart speaks for itself.
Ranking
I've had a modest success regarding my gameplay, but the other day I fucked it all up.
Currently sitting at 1200 MMR :(
Jeez, so annoying, I'm starting to think that I don't have the nerves to play the game anymore xD.
I made slight changes to my team and it helped a bit - here's my team.
If I only had a faster axie on the backline, 90% of my losses are a direct result of being slow as fuck. Sure, I should've count it in, but sometimes the order of the cards I get pretty much defines how will the game end and there's almost nothing I can do about it.
I found some great tool to learn though.
https://www.axieworld.com/en/tools/cards-explorer
Haven't seen it by now, so if you have any questions or simply want to explore the axie world here's a link.
UI looks neat, it's easy to navigate and there's pretty much everything you need to start your journey.
GG boyz.