Why Is Celsius Pumping? GameInfinity Presale! SLP is 99% down From Its ATH!!
Celsius is more than 350% up from the day of the announcement to temporarily pause Withdrawal, Swaps, and transfers between accounts.
But what made celsius ($CEL) surge 350%?
Celsius in its recent medium blog published on June 20 announced that the team is planning to weather a short squeeze, begun by a group of retail investors.
The announcement also includes that the team will be pausing their Twitterspace and AMAs in order to focus on their upcoming challenges.
An unorganized community has recently started to take hold on Twitter with the hashtag #CELShortsqueeze.
The community is attempting to force the short sellers of the CEL token to cover up their position by pumping the price of the token by large buying.
Small Love Portion
Currently, the SLP token is trading around $0.0032, 99% down from its All-time high of $0.42.
Small Love Portion or SLP is the ERC20-based native token of Axie Infinity one of the top NFT gaming platforms. SLP tokens are earned by playing games on Axie Infinity.
Will SLP price recover from the recent drop?
As mentioned the SLP token is the native currency of well know NFT gaming platform, which will not lead the price to move below 99%.
The bear market made the token plunge 99% from its ATH, which seems not likely to be recovered till the Q3 of 2022. This can be your best investment in Q3 2022.
What’s next In the Web3 market?
The recent drop in the Crypto market has made retail traders, newbies, and Investors liquidate their positions and withdraw their Investments.
According to experts, the market will hit an all-time high in December 2023.
Where should I invest my money?
GameInfinity is the next craze creator in the Crypto market.
GameInfinity is a platform that offers Web3 play-to-earn and In-game profit-sharing NFTs. The Platform converts games like Chess, Ludo, brain games, and 2048 Web3 games and allows users to play and Earn GAMEIN tokens.
GAMEIN token is the BSC-based native token of GameInfinity, that can be used to buy NFTs, make payments, or trade.
As per the recent update from the team, the project is in the presale stage offering $0.0027 per GAMEIN Token, the promising team is listing the token on Pancakeswap at the price $0.015 and is believed to surge 72X from the listing price.
Interested users can Join the presale here — https://gameinfinity.io/gamein-token
