📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
The Crypto Assets market has once again brought remarkable news. The Token SLP (Smooth Love Potion), once regarded as a dark horse in the blockchain gaming sector in 2021, has recently shown an astonishing rise, rapidly climbing from a historical low of $0.001, with an increase of 170%. This sudden price surge has not only surprised investors but also sparked a reevaluation of the prospects for blockchain gaming Tokens.
SLP, as one of the core tokens of the Axie Infinity ecosystem, has always been closely watched in terms of its price trend. However, experienced market observers remind us that the price of SLP often shows typical short-term explosive characteristics. This pattern is usually hidden behind certain market manipulation behaviors, including some participants selling their chips during the price rise while attracting new buyers to enter the market.
From a technical analysis perspective, the price chart of SLP shows that there is significant potential selling pressure above the current price level. This indicates that the resistance to further substantial price increases could be quite large. Therefore, for investors who have already made a profit, it may be wise to consider taking profits at the right time. For those investors who have not yet entered the market, it is necessary to carefully assess the risks and avoid blindly chasing higher prices.
At the same time, the focus of the Crypto Assets market is constantly shifting. In addition to SLP, the market has also shown a strong interest in projects such as SAHARA and ERA. Furthermore, the development of the Solana ecosystem continues to attract the attention of investors.
Overall, the sudden rise of SLP once again proves the high unpredictability of the crypto assets market. Whether experienced traders or novice investors, it is crucial to maintain rationality and implement risk management in this ever-changing market. With the continuous development of chain games and the Web3 field, we may see more "comeback stories" like SLP, but every opportunity is accompanied by risks that investors need to approach with caution.