SLP Token Surges 19.86% in 24 Hours as Trading Volume Hits $74.55M and Bullish Momentum Builds

SLPUSDT has experienced a notable price increase of 19.86% over the past 24 hours, with the current price at 0.002046 USDT on Binance. This surge is primarily attributed to heightened trading activity and renewed investor interest, as evidenced by a significant rise in trading volume to approximately $74.55 million. Technical analysis and social media sentiment indicate bullish signals, with SLP rebounding from recent lows and showing strong short-term momentum. The asset has also benefited from increased engagement within the Axie Infinity ecosystem, where SLP is used for breeding digital pets, further supporting demand. Over the past week, SLPUSDT has gained nearly 40%, and almost 90% in the last 30 days, reflecting a period of strong market performance despite limited coverage from traditional news outlets. The circulating supply stands at around 36 billion SLP, with a market capitalization near $74.3 million, ranking it 634 globally.