SPS opportunities...

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There is no declining about the fact of SPS being undervalued at current market price. The issue is concerning and not only the team but overall the community is slowly realizing that fact. But its good to see various steps are being taken and even better, community is being a part of these future steps. At current market price SPS is being traded at $0.013 to $0.014. Upon considering the ATH of SPS, this is a hefty decrease in terms of price. Future steps to consider, which might affect the price of SPS.

  • LANDS
  • SPS MM
  • SPS listing (CEX)
  • SPS burn for DEC

We are not there yet! In both the scenarios! In terms of getting drowned, we are not done yet. In other ways, we are not able to shoot up to the sky, yet. Considering the fact about drowning, the game has still a lot room for improvement. Which makes it interesting during the current times. We have quite a lot of events which are upcoming in Splinterlands. These events would not only affect the price of SPS but it will possibly give a definite boost to the game. We need more players, more investments and most of all we need adoption. More players gets introduced into the game, the more activities happens in the game. Thus the publicity happens via the word of mouth.

The gaming industry is big. We just need to utilize the fact about the play to earn concept among the gamers. Splinterlands is surviving for a very long time. It has been evolving and people are sustaining via this game. Yes, the current phase has been difficult but we are here and we will make an impact.

  • Interconnected

The updates which are arriving in Splinterlands, this will trigger multiple events within the game. To begin with, land will consume a heavy portion of DEC. Which will presumably take DEC to its pegged value. This will result in the next phase of Splinterlands. Activating the burning event of SPS for DEC. This will affect the price of SPS quite positively. Resulting in some crazy amount of SPS being burnt every minute. While this scenario to happen it will require for DEC to reach its pegged value and keep on sustaining that price for a long time. I am quite positive that this will happen in the coming days and it will change the course of SPS and the game very positively.


  • SPS listing : If I am being honest, SPS listing in an exchange would literally change the course of it. I know, I am being over confident out here. Even though SPS is listed in some CEX, which does not affect the price of it at all. But we are talking about some first rated CEX, which has all the reach in crypto space and one single tweet can blow up the entire space very easily. Binance is a very good example of it. One listing announcement in Binance can creates a panic inside the market for that coin/token. Resulting in a huge influx in volume for those coins. Since, we are seeing some string bullish sentiment in the market, it is likely we will see listing of SPS happening sooner than later.

Overall, SPS being the governance token, any positive impact on this token will result in complete show for the whole of Splinterlands. Although, the upcoming events will likely impact the eco system, quite positively. We need much more users and adoption.


While as of now, I am onto 63k SPS staked in my account. I am also holding some liquid SPS just in case. in addition I have pooled some SPS:Swaphive in liquidity pool. Overall, it is going pretty smooth in terms of accumulating SPS for the long term. My only regret is, I am being able to collect enough SPS for the next bull run. But what I can do is, I can do my best in order to collect as much as possible before that bull market triggers. What have you been upto?

Screenshot 2023-11-04 165334.png

Image Sources: Splinterlands /(Discord)


Best regards
Rehan

Want to play & earn from Splinterlands

Join via, My Referral link

Screenshot 2022-11-04 220516.png


Posted Using InLeo Alpha



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6 comments
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The cover photo you have put with Power and Worker is from which game?

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Splinterlands itself! (on Test Server I guess) Image was shared in Discord!

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Your analysis of the SPS situation is very informative. It's good to see you're actively involved and confident about the future of SPS. Let's hope for more users and adoption in the Splinterlands community.

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Support Splinterlands by Submitting a positive review about Splinterlands on Gam3s & also nominate Splinterlands for the People's Choice Awards on Gam3s. Don't forgot to take screenshot & save those after you finish all those task, there will reward in future 😉 .Thank you

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