Splinterlands: Will It Catch The UpSwing

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(Edited)

The Hive Tokens Green Mountains

---> And How Upswings Might Benefit Splinterlands


The Hive Token has been seeing some intense swings as of late. Just today (01/05/205) we seen the Hive token hit a 24 hour high of over $0.65 USD per token. To say excitement is in the air is an understatement. Profits are being taken by those who can. Others are looking to reposition themselves into the token itself in the event a correction was to happen. Other's are holding onto their hats because there is some real potential that this ride isn't over yet. All that is fine and dandy but what does all this mean for our Splinterland assets. Will these green mountains invite SPS, SPT, Cards, DEC to the party? I believe so, it would be hard for Splinterlands to go unnoticed in an eventual sustainable Hive Token rally. After-all Splinterlands is the most successful gaming app on the Hive blockchain. It's success allowed other talented individuals to take notice that wanted to replica that same success and they just might do that, time will tell.



So what can we expect, an explosion similar to peak values that SPS and our NFT's (Cards) were once at? Hold Up, lets not get carried away. There's tons more SPS and NFT's on the Splinterlands market now compared to a few years ago. While I believe Splinterlands will eventually benefit from a continued sustained Hive Token rally its important to set reasonable expectations. The benefit that matters the most is new players. With the Hive Token rallying upwards its undeniable that more eyes will be on the Hive token itself. Which means more eyes on those who want to attain, earn and trade the Hive Token. All that equates to more eyes on The Hive Blockchain and its apps that include Splinterlands. I mean its going to be difficult to not notice Splinterlands if the blogging side of the Hive Blockchain starts to boom. The weekly initiatives make sure there's plenty posting about the game. Visit the @splinterlands blog spot for details on initiatives.



While there is no guarantees in the cryptocurrency world. As I see it Splinterlands and anyone who managed to hold onto Splinterland assets are sitting in a nice place right now. Assets are at attainable prices, the potential that the Hive Token Rally spills over to Splinterlands is there. There's always a chance for another NFT Boom. Of course there is the possibility that the game creates its own new BOOM. So many potential upsides. The swings and speculation in any cryptocurrency asset is grand but reasonable due to the nature of the game. And that nature is one we all know so very well; the volatile nature of any cryptocurrency. Which is the very reason I like to create these type of short but meaningful posts each time I see some grand swings going on. Take those profits, hedge those bets; don't get overexcited and keep your stick on the ice. Thanks for reading: see you next time, same rent blog; same rent channel!





Disclaimer:

No financial advice was given in this post. The @rentmoney blog is for entertainment only. Rentmoney routinely makes bad financial decisions and its not wise to follow his lead in such things. Splinterlands is a play2earn game on the Hive Blockchain. Sign up using my ambassadors code here: https://splinterlands.com/register?ref=rentmoney (gives me credit for your sign up at no cost to you). Don't want to give me credit, no worries here is the raw url: https://splinterlands.com/ Image sources have come from the official Splinterlands site and/or blog (edited using imageflip). Hive USD price image was taken from https://coinmarketcap.com/.



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12 comments
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I think Splinterlands will follow the general trend of Hive.

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I hope SPS follows the late success of HIVE token price, SPS is slacking a bit behind with +25% while hive is up over 60%

!BBH

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(Edited)

I need to get back to SPS Stacking.

25%+ isn't so bad considering the yoyo'ing of HIVE.

Once a new bottom is established for HIVE, SPS might follow with higher gains.

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