Since Airdrop Ended, SPS Continues to Rise Slowly But Steadily. Why I Keep Hold It.

rtonline in #hive-167922 • 2 years ago

Since the airdrop ended, SPS continues to rise slowly but steadily. SPS dropped to $ 0.042 on July 13. SPS, which started to rise after the bottom price, gained almost 100% value in about 3 weeks.

SPS is currently trading at $0.08. It has been slowly but steadily rising for the last 3 weeks. Honestly, despite the fact that we are in a bear market, this rise seems remarkable. It could accelerate its rise, especially if it can break $0.1.

The end of the SPS airdrop has seriously alleviated the selling pressure. I also think that the liquidity pools in PolyCUB, Cub Finance and Splinterlands contributed to this rise.

Splinterlands has hundreds of thousands of active users and tops many lists. I think it's the best of games in the crypto market. So I think SPS is very far from its real price. And I think it will rise towards its true value over time.

I really want to buy Validator Node License and I am saving money for it. Hopefully I'll buy one before the SPS price exceeds $0.25. As the SPS price increases, Validator Node License sales will also increase. During the Validator Node License pre-sale, 2,000 licenses were sold in a very short time.

It is currently in phase 2 (Tranche 1) and for a license i need to pay $3,000 or $1,500 + 500 Vouchers. The most logical for me is to buy it with $1,500 + 500 vouchers. Currently, Voucher is trading at $0.48 in the market. So it is possible to buy a license for about $1740.

In the future, when the SPS price rises to $5, the Validator Node License price may rise to incredible prices. If that happens, it would be a great investment for me.

I believe the SPS price will reach even higher towards the end of the year. Although in the short term, it doesn't matter to me how much the price goes up or down. I will continue to hold my assets until SPS reaches $5. I like to hold assets that I trust.

This is not investment advice, please do your own research.

I believe SPS will rise higher in the coming months and I am very optimistic for SPS. What do you think about SPS?

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#splinterlands #analysis #crypto #oneup #neoxian #cent #thgaming #pob #leofinance

2 years ago in #hive-167922 by rtonline

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poshtoken 2 years ago

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ericburgoyne 2 years ago

SPS I still have mine staked and will keep it there and wait and see how things shake out

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rtonline 2 years ago

I am doing the same and I believe this is a good strategy for the future.

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thecuriousfool 2 years ago

I also believe that the price of SPS will rise. However, I cannot give any specific value it will rise to.

I will continue to hold my assets until SPS reaches $5.

The price of SPS reaching $5 USD is possible but I find it very unlikely. At least, currently. :)

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rtonline 2 years ago

I know it's not possible in the short term. In order to reach $5, it must be listed on exchanges such as Binance.

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myfreebtc 2 years ago

I highly doubt SPS will reach $5 anytime soon if ever… there’s just too much inflation and supply to reach such a high price.
It is not impossible but only if the team creates stronger burning mechanisms, rift watchers will eliminate a lot of SPS from the circulating supply!

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rtonline 2 years ago

I agree with you, I do not expect it to reach $5 in the short term. In the future, when SPS is listed on an exchange like Binance, this will be a big advertisement for Splinterlands and will attract more people's attention. I believe NFT cards and SPS price will see a significant increase when this happens. Frankly, I am a long-term investor and I believe it will see $5 in the future. Maybe more.

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niallon11 2 years ago

Like all the best tokens it's a long term hold.

I don't think that we will see it's real value for a couple of years time when the game will hopefully be on anew level with a lot of additional features plus mini games and land.

I just keep staking and earning as much as possible.

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rtonline 2 years ago

Yes, it is unlikely to reach its real value in the short term.

I don't know when it will happen but when it is listed on an exchange like Binance this will be a big advertisement for Splinterlands and I believe the NFT cards and SPS price will see a significant increase.

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