Splinterlands prices going down

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▶️ Watch on 3Speak


As prices of DEC and SPS are going down, along with cards value that is related too the DEC price, it is very interesting to see how things will develop from here.

How will people buying cards packs with their DEC influence the market? Are people selling their DEC and converting it too other crypto's?

As the price of DEC drops and more people start playing the game the DEC rewards per ranked battle have dropped dramatically. Is that enough too cool down the hype?

For sure this month with the release of Chaos Legion and new rewards cards today will be very interesting to watch.


▶️ 3Speak



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Honestly, at the rate it was going up, it wasn't sustainable. I feel like prices going down is more the market sorta correcting itself. I also feel the new formats will change the value of older cards and make them less worth it for most players, unless the format that uses older cards provides better rewards.

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True, this should be a healthy correction. I hope the rentals will become a bit cheaper again as well.

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Markets ebb and flow. This was expected. It will go up again in the future. I was selling some DEC at the high point to buy more hive. But now with hive higher and dec falling, I'm just holding on to what I have. Will probably use it to buy into CL when released, or maybe just keep holding it for the SPS AirDrop

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Yeah, I did the same. Converted some straight back into credits. Ready to buy packs when they become available.

Some into hbd and some to provide liquidity on Binance smart chain.

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I totally agree with the "market correction" sort of take on this. Simple economics at play here in many respects and I think, on the whole, this is healthy for the game and allows for a lower cost entry point for those looking to own some cards.

I do think that if there is something from a battle format perspective which negatively impacts value of older cards too substantially, it would be a big miss. There is some big money behind those collections and the people who own them and while correction/stabilization is good, too much will prove to be detrimental. As was suggested, higher rewards for the format(s) utilizing older, more expensive cards makes total sense.

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I agree that this is healthy for the game. For new players the most important is the new rewards cards, but cheap common and rare chaos legion cards will be great for them as well.

I’m really curious what will happen when you can buy packs with $2 worth of dec tokens. So if dec goes to $1, then you pay 2dec for a pack. (I don’t think this will happen anytime soon)

Also how close will it get back to the peg when chaos legion launches. In an ama it was said that they would not mind if dec would become $0.01 instead of the original soft peg at $0.001

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