SPS perking up?
There is signs that SPS is going to soar and we are seeing this happen even before land has arrived. With the due date arrival of land coming it is now apparent that players are trying to obtain DEC.
The gateway to getting DEC is burning sps to get DEC. Interesting the more sps being burned the more valuable it has becoming making the burning exchange more and more attractive.
The current amount of sps burned is close to 7.5 million. This doesn’t look a lot but be mindful there will only ever be 3 billion sps ever created.
https://sps.splinterlands.com/distribution
The link above is the planned sps distribution and it shows there are huge potential for massive rise in price of sps as there are limitations in supply, circulation and need of DEC.
With less than a few days to go with the demand of DEC only increasing it is difficult to believe the sps price rise ends here. Get out the popcorn and be ready to watch an exciting show.
Until next time thanks for reading!!!
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I am not surprised. There is only so much DEC and land is going to suck up a lot of DEC. I think people were using DEC for the Rebellion pre-sale too so it's going to have an effect on the price to an extent.