Markets

Axie Infinity’s SLP Token Skyrockets Over 50% After 'Season 20' Update

Popular crypto game Axie Infinity's reward token SLP has seen its price shoot up by 58% overnight and over 300% in the last week to reach $0.03787. SLP’s overnight gains come alongside a surge in the price of the the game’s governance token, AXS, which is up 36% over the last week. Both coins have risen following the the official announcement of Axie’s 'Season 20' update, which makes sweeping changes to the play-to-earn title's in-game economy. So what is Axie Infinity, what role does SLP play,...