Don't sleep on SPS Token

As we slowly draw closer to the end of the SPS airdrop, I've been gearing up for the potential changes that may occur. One of the changes I'm predicting will be a temporary and probably short-lived drop in the value of monsters.

Naturally, the end of the airdrop will also reduce the selling pressure on SPS token. All things considered, most members of the SPlinterlands community will be concerned about holding and staking their tokens.

At the time of writing, there are only 13 days of airdrop left to go. It is really amazing how time flew by and got us here but alas, here we are.

I don't think the price of SPS will instantly pump aggressively at the end of the airdrop period. The general crypto market is quite bearish these days, so it is highly unlikely that we experience any dramatic pump.

I do expect a minor pump from the current price range though. At a little over 4 cents, the SPS token is one of the most undervalued tokens in crypto right now and it is due to a solid pump.

When SPS becomes scarcer and governance features are thrown into the equation at the end of the season, I believe things are going to become even more exciting on the Splinterlands front.

DCA SPS

At the time of writing, I have a total of 16500 SPS tokens in my Hive wallet. If we go back to the start of the airdrop, I set a target of 10K SPS before the end of the drop, so I've beat my target.

When I reached my target earlier in the SPS airdrop period, I set a new target of 15K SPS which I beat by a small margin and now, my new target is to reach 20K SPS.

I won't be able to reach my target if I simply rely on my staked SPS and the few days of daily airdrops left. So in recent weeks, I've been dollar cost averaging SPS tokens on an irregular basis.

I basically just add more SPS tokens to my staked collection at random intervals. In the past 30 days, I've probably performed the transaction three or four times.

Even with this DCA tactic, I will not be able to reach 20K SPS before the end of the airdrop period but I reckon I'll be close.

SPS token is a steal at this current price. As I see it, if anything big happens in SPlinterlands, it will reflect on the price of SPS token, so getting some at this low price isn't a bad idea.

Posted Using LeoFinance ^Beta