Which Would you like Better Investment?
Dear investor,
I am looking to analyse two completely different things in the longer term.
The comparison looks like comparing an apple with an orange.
But it is still worth which would be good in the longer run, and it also depends upon the market timing, whether the market is normal or bull market or bear market in the longer run.
Why do I want to compare these two tokens?
It is very simple: two get better returns in the long term, we need to invest in such places where our money should become multibaggers. The opportunity won't come daily again and again.
Analysis oncomparison - Hive Vs SPS
We all know Hive is the native token of the hive blockchain and more and more dapps are start building on the hive blockchain. The utilization of hive tokens will be more so the price can pump; another reason why someone invest in the hive blockchain as its ecosystem is still very small and there is still its time to expand this blockchain since till now only 500 million hives in total supply and the inflation with which it will increase it around 10% yearly in a current scenario.
Fall and Rise
The price fall of Hive from its top is around 92% currently from the past bull market. The Previous high was made of around 2.99$ in early 2021, and the current price is hovering around 0.27$. Now the price target for the next bull run is about 5-6$.
As the SPS, the token was made high of 1.28$ and having a total fixed supply of 300 million tokens, was currently hovering at around 0.017$, which is fallen quite tremendously from its hive and this token is not inflationary but the problem with this token is only 1/3 supply till now came in the market and the price was fallen quite high since it has only one use case as it is a native token of the #splinterands game. SPS token also give 5% return on staking to on the game chain. The SPS token also want to launch its own blockchain to reduce costs and efficient token role. Now my price target for the next bull run is around 0.5-0.75$.
Total number of Active players in Splinterlands
The total number of the player who is currently playing this game is around 77K and the number of players will increase as the market turn into bull market as the whole cycle has to be turned around to get the money in such a system.
5 Years Investment in both
Therefore in the longer time frame of next 5 years, If you believe this cryptomarket will survive and the bull run comes I believe SPS will outperform hive token but if your time frame is lesser than this I do not believe you will get a better return in SPS to compare to the hive. Since, in most of the cycle gaming section will be come in bull run at the end of the market.
Target Now according to your plan
If your target succeeds you will get max return.
Both are good I think but a balance is needed between both. I try for both.
Hi, I personally see some potential in both coins,
though in most cases in the long term one is probably better of holding platform coins instead of utility tokens.
2 points: the current total and alleged maximum supply of Splintershards is 10x the 300 million you wrote
There is no way that the current player number is 77K as you write, Peakmonsters puts the daily average this month at around 50 k and keep in mind that most of those, at least 90% if not more, are bots and multi-accounts, the number of unique active human players currently is less by far.
Thanks for sharing! - @alokkumar121