A major reason why DEC will rise

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If it is not obvious enough Splinterlands has listed the current market cap of DEC by itself on its in game website. A meager $4.5 million just on the amount of tokens. But what a minute. Is it not true that the total net worth of all Splinterlands cards are over $76 million at present moment!

We all know that only credit and DEC can be used to purchase cards in the markets and I can not imagine that there could be $70+ million in credits floating around that can fill the remaining amount of value. Meanwhile only have less than $5 million in DEC. Sooner or later the lack of DEC in circulation will cause players to squeeze the price of DEC over peg for sure.

When that happens no one knows for sure but as the supply continues to shrink on a daily basis it is not hard to believe that we or only getting closer to that moment where DEC will one day soar.

What do you all think with this basic assessment regarding the supply and demand of the DEC. We have been under pair for months if not a year but it feels like an eternity. It is time for a change and a good change. DEC to par is inevitable.

Until next time thanks for reading!!!



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12 comments
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Long term I believe the dec price will increase which will also affect the price of sps because of conversion when we don't have enough dec again

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Right supply and demand here !WINE !LOL

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It's good that the supply is going down but I wonder what will happen to SPS. That is still inflating and I don't really think there is a good way to burn the SPS.

!WINE

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That is true Bo good way of reducing sps supply but I have faith in the Splinterlands team in the long run they will find a way. !WINE

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In the current market conditions, its price seems to be going up, if the fruit market comes after some time, then we will see all the features of the sprinterland game and its price. It will be seen going up.

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