DEC token price Doubled

Hello Splinterlands and Hive Fam!

I hope life is treating you well wherever you are in this part of the world, and that the weekend is going great.

My Splinterlands Game account is FinPulse9.

Hello Splinterlands and Hive Fam!

I hope life is treating you well wherever you are in the world, and that your weekend is going great.

My Splinterlands Game account is FinPulse9.

DEC is the coin in the Splinterlands game, which is very useful because we can buy things using this coin. This coin can also be used on the rental market, where we can rent cards using this coin. Although the game has another coin called SPS, which is equally important, I believe the EC is one of the coins that is considered a stable coin. It looks like its price is improving gradually, which maybe people are not able to notice. When I was checking this today, I figured out that in the last 90 days, things have gotten better with DEC, but all this has happened silently.

I don't know what is going on in the external market because every time I need to buy the DEC coin, I buy it from the Hive engine, which is an internal marketplace. In terms of Hive price, you can see that in the last 90 days, the price has gone to 0.01 Hive from 0.005 Hive. Technically, it has doubled, and I really don't know why it happened.

This price increase will affect any player who is buying DEC using Hive, like I do, because every season I buy DEC tokens from the Hive NFT marketplace using Hive. Technically, now that the price has gone up, I will need to pay double the Hive points for purchasing the same amount of DEC. Earlier, I remember that I used to buy tokens using Hive for 100 Hive every season, and now, for the same amount of tokens, I need to pay about 200 Hive. It is expensive for me, and I have to think about how I can manage it because, in this way, my cost for the rental increases drastically.

I had no idea that this was going to happen; I would have purchased a bigger bunch of DEC tokens, since I already have the liquid IO available on the Hive Engine marketplace. This market is unpredictable, and we don't know how things are going to be. I am dependent on the rental market, and that's the reason why I keep on buying DEC, because this is the token I use for making those payments. All of a sudden, I thought of checking the price of DEC in the market, and this is what I noticed, which is really surprising to me because I don't know the reason why it has happened. Maybe it is because of the high price, which has slightly improved, but I don't think that slight improvement can impact such a big increase in the DEC price. At the same time, also check the DEC price on the external market, which has not increased, in fact. All these changes have happened in the internal market only, where the total volume for DEC in the last 24 hours is roughly 40,000 Hive coins. Thank you!

Image courtesy of hive-engine.com website

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Image courtesy: Splinterlands game website

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