The world of cryptocurrency continues to evolve, offering users new ways to transact, invest, and trade digital assets across borders. One such asset, Smooth Love Potion (SLP), plays a pivotal role in the blockchain gaming ecosystem—particularly within the popular play-to-earn game Axie Infinity. For Filipino users and investors, understanding the value of SLP in local currency—Philippine Peso (PHP)—is essential for making informed financial decisions.
This guide provides up-to-date information on the SLP to PHP exchange rate, explains how to convert SLP into PHP, and analyzes market trends to help you determine whether now is a good time to trade.
Current Smooth Love Potion Price in PHP
As of July 2, 2025, at 19:49 UTC, the current price of 1 Smooth Love Potion (SLP) is 0.07358213671371142 PHP. This means each SLP token is worth approximately 7.36 centavos in Philippine Peso.
This real-time valuation allows holders to assess their portfolio value accurately and decide whether to hold, sell, or reinvest based on current market conditions.
👉 Discover real-time SLP price movements and track trends with advanced tools.
Understanding the 1 SLP to PHP Exchange Rate
The SLP to PHP exchange rate indicates how many Philippine Pesos are needed to purchase one Smooth Love Potion token. It’s a crucial metric for traders, gamers earning SLP rewards, and investors looking to cash out.
For example:
- 1 SLP = 0.0736 PHP
- 100 SLP = 7.36 PHP
- 1,000 SLP = 73.60 PHP
This rate fluctuates constantly due to supply and demand dynamics across cryptocurrency exchanges. Monitoring live charts and technical indicators can help users identify optimal entry and exit points.
Platforms like CoinCodex offer interactive price charts that visualize historical data and support technical analysis, enabling users to make data-driven decisions when converting SLP to PHP.
How to Convert SLP to PHP
Converting your Smooth Love Potion tokens into Philippine Peso involves a few straightforward steps:
Step 1: Choose a Cryptocurrency Exchange
Select a reputable exchange that supports SLP trading pairs with PHP or USDT. Some platforms allow direct SLP/PHP pairs, while others require converting SLP to a stablecoin like USDT before withdrawing in PHP.
Step 2: Sell SLP for a Tradable Pair
Once logged in, navigate to the SLP trading pair (e.g., SLP/USDT) and place a sell order at the current market rate or set a limit price.
Step 3: Withdraw Funds in PHP
After selling SLP, convert proceeds into PHP if not already done. Then, withdraw funds directly to your linked bank account via supported payment methods like PesoNet or InstaPay.
Always ensure the exchange complies with local regulations and offers secure transactions.
👉 Start converting digital assets safely with a trusted global platform.
Is Now a Good Time to Exchange 1 SLP to PHP?
Market analysis as of mid-2025 suggests that Smooth Love Potion is in a bearish phase. A bearish trend indicates declining prices, often signaling a favorable time for holders to sell before potential further depreciation.
Key Technical Indicators Used:
- Relative Strength Index (RSI): Currently below 50, indicating weakening momentum.
- Moving Averages: The short-term exponential moving average (EMA) is below long-term averages, reinforcing downward pressure.
- Volume Trends: Trading volume has remained low, suggesting limited buying interest.
While technical signals point toward a potential continued decline, it's important to remember that these tools don’t capture the full picture. Fundamental developments—such as updates from the Axie Infinity team, new gameplay features, or shifts in user engagement—can rapidly change market sentiment.
Additionally, macroeconomic factors like inflation, regulatory news, and global crypto trends also influence SLP’s value.
⚠️ Note: The cryptocurrency market is highly volatile. Only invest or trade what you can afford to lose. Always conduct independent research and consider your risk tolerance before making any financial decision.
Historical Comparison: SLP to PHP Rate One Year Ago
To better understand SLP’s performance, let’s look back one year:
- July 2024: 1 SLP = 0.165629 PHP
- July 2025: 1 SLP = 0.073582 PHP
This represents a decline of over 55% in value against the Philippine Peso within a single year.
Such a significant drop highlights the volatility inherent in gaming tokens, which are often tied closely to user activity and ecosystem health. Reduced player engagement in Axie Infinity or oversupply of SLP rewards can negatively impact price.
However, price drops may also present long-term buying opportunities if the underlying project implements effective recovery strategies.
Frequently Asked Questions (FAQ)
Q: What is Smooth Love Potion (SLP) used for?
A: SLP is a utility token primarily used in Axie Infinity, a blockchain-based game. Players earn SLP by completing daily quests and battles, which can then be used to breed new Axies or traded for other currencies.
Q: Can I directly convert SLP to PHP on all exchanges?
A: Not all exchanges offer direct SLP/PHP pairs. Many users first trade SLP for USDT or BUSD and then convert those stablecoins into PHP on local fiat-onramp platforms.
Q: How often does the SLP to PHP rate change?
A: The exchange rate updates continuously based on real-time trading activity across global markets. Prices can shift every few seconds during active trading hours.
Q: Are there fees when converting SLP to PHP?
A: Yes, most exchanges charge trading fees (typically 0.1%–0.5%) and withdrawal fees when moving funds to a bank account. Always check fee schedules before initiating transactions.
Q: Is SLP considered a good investment in 2025?
A: As of mid-2025, SLP faces challenges due to declining prices and reduced player incentives. While future game updates could revive interest, current conditions suggest caution for new investors.
Q: Where can I check live SLP price charts?
A: Real-time price tracking is available on financial data platforms and major crypto exchanges. Interactive charts with technical indicators help monitor trends and support trading decisions.
👉 Access live price charts and advanced analytics for smarter trading.
Final Thoughts
Understanding the current SLP to PHP exchange rate is vital for anyone involved in the Axie Infinity ecosystem or investing in gaming tokens. With the current rate at 0.0736 PHP per SLP, down significantly from its value one year ago, timing your trades wisely becomes even more critical.
Whether you're looking to cash out earnings or evaluate investment potential, combining technical analysis with awareness of broader market trends will give you an edge. Always prioritize security by using trusted platforms and never rush into decisions based solely on short-term fluctuations.
By staying informed and using reliable tools, you can navigate the dynamic world of blockchain gaming rewards with confidence—and make smarter moves with your digital assets.