SPS || Opportunity, Community
Splintershards (SPS) is one of the key token that I always keep track in my portfolio. Although, the roller coaster ride for the last couple of days has been quite crazy. SPS reaching the price over $0.030 and making the whole eco system sort of go crazy. But seems like, SPS is coming down for the last couple of days. Yes, due to this uptrend of SPS, for some time it felt like as if SPS is probably going to make a move towards price action that we were seeking for some time. But we saw a resistance and as of now the price action is declining. I do rather enjoy both the movements, may that it be uptrend or downtrend!
The major trick out here is holding as many SPS as possible! We have seen how far SPS can reach in the last bull run. Although, the situations are not the same neither is the crypto market. Which is why it will probably be difficult to see SPS reaching that same height. But everything that is happening around SPS are key points to note down. As there are not many projects which are focusing on the growth of the eco system. Unlike Splinterlands is continuously evolving as days are passing by. There are continuous updates being delivered to the community by the team. And as always there are always room for improvement.
Right opportunity!
There was a time when the market crashed, a panic feeling used to rush within me. The time has changed and as of now this underrated feeling has turned upside down. Upon this situations, now it acts as an opportunity. The same goes for SPS. The price action of SPS does affects me. Of course positively!
If you notice the total staked balance of SPS is much higher than compared to the liquid SPS that is available in the market. It does reveals that the users who are holding SPS might have some other ideas about SPS. As getting some juicy APR from staking is much better than selling them at the current market price.
Are you missing the opportunity?
Not to forget, we have witnessed SPS reaching ATH in its high time. Compared to the current price in the market it is sort of nuts to sell them for some cheap gain. That being said, SPS at current price is sort of a great deal. As we are aware that sooner than later SPS will reach to a tier 1 exchange. And that would simply affect the price of SPS rapidly in the uptrend. Although, the debate still continues when and how that will happen? But I am certain about the fact, SPS getting to a tier 1 exchange is inevitable. So why not collect it as cheap as it is now. My current holding of staked SPS is higher than of liquid. I do intend to increase it in the coming days. Also the rewards that I am getting everyday (from staked balance and of supplying liquidity in HE) I am staking them as much as possible.
Let's be honest, we have missed multiple opportunities in the past. Be that it may a memecoin, token, coin but we have seen SPS from the very beginning and we are aware of what it can accomplish. A dedicated community which will support the ecosystem in the further growth. And in the upcoming events it will make our pockets deep and I do not want to miss out from that opportunity. I hope you might do the same as well ;)
Best regards
Rehan
Want to play & earn from Splinterlands
Join via, My Referral link
Posted Using InLeo Alpha
I'm starting to have some doubts about a recovery of the SPS in 2024, the token always seems under pressure from sales
Well, the sell pressure is sure out there but with more outside focus within the game could alter the situation a lot. Hopefully the attraction that we are seeking as a play to earn game would turn out positive this year!
Thank you for your answer. I find your words comforting. We hope well for the SPS token and we will see if it recovers in 2024
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