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Axie Infinity SLP price rises over 45% and Bitcoin touches USD $45,000 on February 10th

Alex Coin
February 11, 2022
Reading Time: 5 mins read
0
axies
What is Bitcoin?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

What is Axie Infinity?

AXS is the governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe. This is unlike traditional games where all decisions are made by the game developers. AXS holders will be able to stake their tokens to earn more AXS and even vote for governance proposals.

Beyond the arrival of Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. to USD $45.000, the surprise for this February 10th is SLP, one of the coins of Axie Infinity, whose price continues to rise sharply after the implementation of new updates in the game.

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***

Price of Bitcoin is approaching USD $45,000 this February 10th.

We open our customary price report for the morning of February 10th by highlighting the good news for enthusiasts of Bitcoin ( BTC ), as the leading digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. continues to perform well, rising about 1.5% in the past 24 hours, trading at about USD $44.916 per unit at the time of publishing.

The data published in our section CryptoMarkets reflect that, amidst the volatility a statistical measure of dispersion of returns, measured by using the standard deviation or variance between returns from that same security or market index. seen in price developments Bitcoin managed to overcome the barrier of USD $45,000 per unit an hour ago, and although it fell shortly after, it seems that its price is trying to go back to that mark, so it is not ruled out the possibility of trading above that limit at some point on February 10th.

Bitcoin price evolution this February 10
Bitcoin price evolution this February 10

SLP increases after changes inAxie Infinity

While many are looking forward to the increase capitalized by Bitcoin this February 10, one of the tokens that is registering a very good performance in recent months isSmooth Love Potion ( SLP ) currency associated with the popular gamePlay-to-Earn Axie Infinitywhich rose more than 48% in the last 24 hours, trading at about USD $0.036 per unit at the time of publication.

The increase in question corresponds to the entry into force of a series of important changes designed for the season 20 ofAxie Infinity, among which the following stand out:

  • Adventure Mode will no longer award tokens, so players will no longer be able to receive 50 SLP generated in this space.
  • Profits in SLP will be associated with arena mode only. Players will earn tokens as long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. as they are victorious in battles. PvP.
  • Those who fall below rank the relative position of a cryptocurrency by market capitalization. #800 will now earn 1 SLP per victory. Previously there was no reward for being under that level despite winning duels.

There are different interpretations of these measures. On the one hand, those who support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. these changes claim that limiting the issuance of SLP abruptly stops the inflation a general increase in prices and fall in the purchasing value of money. that was felt on the token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. in question, so they congratulate the initiative and are waiting to see the effects this may have on its price. But at the other extreme are those who feel affected by these changes, which argue that this significantly limits the gains gains refer to an increase in value or profit. capitalized daily, leaving the rewards for those who have equipment of Axies much better prepared to compete in the arena.

For the time being, the changes seem to have a positive effect on the share price. SLP, which is still far from the all-time highs capitalized during boom times for the game, where it managed to reach a valuation above USD $0.4 per unit.

Winning and Losing Cryptocurrencies this February 10

Finally, here is a look at the currencies with the sharpest fluctuations on February 10:

???? Winning Cryptocurrencies:$THETA Theta Network a network refers to all nodes in the operation of a blockchain at any given moment in time. 7,13% (USD $3,7)$SCRT Secret 4,12% (USD $6,86)$TFUEL Theta Fuel 3.6% (USD $0.22)$NEO Neo 2,23% (USD $24,22)$ETC Ethereum a decentralized open-source blockchain with smart contracts functionality. Classic 2,11% (USD $35,04)

https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin)February 10, 2022

???? Losing Cryptocurrencies:$LEO UNUS SED LEO -11,2% (USD $6,32)$LRC Loopring -8,41% (USD $1,03)$UNI Uniswap -7,5% (USD $11,64)$MANA Decentraland -7,48% (USD $3,17)$HNT Helium -7,32% (USD $28,97)

https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin)February 10, 2022

To buy cryptocurrencies through DiarioBitcoin

We understand that this is a complex and especially sensitive time in the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market, but if you are one of the people who see opportunities with the current prices, we remind you that our section CryptoMarkets buttons are now available for you to buy your favorite digital currencies.

If you wish to purchase Bitcoin ( BTC ), prefer to buy Ethereum ( ETH ) or want to get someTether ( USDT ), all you have to do is access our website CryptoMarkets and click on the currency of interest. In addition to viewing its price, performance and other market an area or arena, online or offline, in which commercial dealings are conducted. data, you will also find a buy button that will take you to a exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. reputable in which to do business.

Buy button to purchase cryptocurrencies
Buy button to purchase cryptocurrencies

We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.


Source: CryptoMarkets , CoinMarketCap

Reporte de Angel Di Matteo / DiarioBitcoin

Imagen de the Axie Infinity website

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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