Syndra

Syndra

Looking at the active user, they said they need 3 Billion SLP in circulation for every 1 Million users. This is how the projection would look if the market cap remain the same.

Syndra

This is how SLP looks like in the Log Inverted Chart.

Syndra

Ronin now can deposit/withdraw to Binance. This means people won't have to care about gas fees anymore. BUT, Some people actually holding SLP because of the high gas fees. Will these changes open the door for buyers or sellers?

Syndra Updated 

Last 2 weeks, the price goes to the exact prices that I would like to expect. That's because there are no fundamental changes in the market. In the next 14day, the price would likely go 0.072 if this trend goes on. Will there be any fundamental changes coming?

Syndra

Here is my perspective on how AXSUSDT will reduce in value at the end of the season (only and only if) the AXS Supply is printed instead of supported by the Axie Infinity's treasury fund. I don't really know the exact method on how they did it. Share your own thoughts in the comment section.

Syndra

Will this make SLP more in the market or attract a new investors?

Syndra

Good update for the breeder. I think this makes the AXS's burn slower. Maybe the developer wishes the prices of axie to remain the same and not fluctuate by the market. It stays around 120 USD on AXS per breed. It means that the price of axie that should go up is being maintained. Perhaps they will increase the AXS requirements when the price of AXS going down in...

Syndra

Sources Data Minted/Burned: www.axieworld.com Cap/Price: www.coingecko.com Data Used: Change Rate: MED, MAX, MIN, AVG (past 14day) BURNED/MINTED: MED, MAX, MIN, AVG (past 14day) RAND: (based on Change Rate) So I tried to compare these data to project a potential price in the next 14day. In the next 14day, the price potentially drops to 0.119 ~ 0.154 USD per SLP...

Syndra

Since the reward cut half, the market supply will decrease half until the next season/patch is announced. I'm still bearish at the long term (unless if the dev decided to push the price higher)

Syndra

Scholarship can be profitable for the floor axie (cheapest axie) that designed to only play PvE to get daily 150 SLP. But now, the new major update reduced the SLP and you will only receive 50 SLP on the adventure mode, which makes 100 SLP a day. This creates a demand for the breeder who is currently looking for SLP to buy.

Syndra

There might be a potential for the bull trader to become more aggressive than before creating more momentum in the support area.

Syndra

This is a potential drop sign for BRLMYR

Syndra

Assuming this hypothesis is right and there are nothing new changes in the market, it might take us more than 25day before we see a 40K Breakout.

Syndra

How many days you should play to cover your capital? According to historical data, the change rate is 0.01071 which means the earlier you get into the game, the faster you can cover your first capital. just like crypto mining. It is as shown in the Ratio Graph. The straight line is a prediction according to the Median Change Rate. In correlation, SLP will drop if...

Syndra

I think that this game can sustain more than 1-2 months which is worth it for me to get into. The current player-base seems small and there is a lot more to improve.

Syndra

Figured out about this game recently

Syndra

bull sign

Syndra

Hopefully, BRLMYR will continue to drop so that I can look for a more long opportunity