Will SPS become the next AXS ??

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(Edited)

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Hello My fellow warriors!

I hope you all are well and enjoying every bit of splinterlands. Those who already made a decent investment through the beginning are really sitting on a pile of wealth right now and all thanks goes the team splinterlands for bringing out such an awesome project and making it successful through years of hard work and planning. I am also playing splinterlands almost since the beginning but it was a stupid me exploring the blockchain world without any prior knowledge so, I sold my initial collection to a friends for cheap. But good for me before it could have hurt me bad I realized and rebuilt my collection with all my incomes that I used to earn via posting and playing splinterlands. From last October, when I met a serious bike accident from which I am still recovering, I was inactive for months and my friend @sayee really helped me out during the time and played splinterlands and posted on my behalf. But when I returned home from hospital and was able to sit in front of my pc (as in the first 2 months I wasn't able even to sit in a chair), I started investing all my balance into splinterlands and bought untamed cards heavily one after another. The lands sale was still live but I again did a big mistake by not buying lands when it was 20$ as I was focused on completing my untamed collection. Afterwards, the news of SPS came in market and the future of splinterlands changed since with a sky rocketing rise of this game and suddenly my collection of approx 8000$ of cards worth becomes 60000$!!

Well we all hope the very best of splinterlands. The newly launched SPS update along with thousands of new players joining in this game is really making noise beyond hive chain. SPS also on the other hand rising above the 0.30$ mark and because of a sudden pump, SPS is currently being traded in HE market for 0.414$. I personally have high hopes for SPS because if you look for other games governance tokens (like AXS for Axie Infinity), most of them are successful and pumped way above their initial price. As you can see from the below chart of AXS token (governance tokens in Axie Infinity game), till the last of June, 2021 AXS tokens were valued around 3-4$ range but currently they are being traded at 77$! If that's happening in another plsy2earn blockchain game, there is a good possibility that it will happen with SPS as well. Or may be I am just too optimistic.


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If we look into SPS chart, we will not find much Intel as it has only been 25 days since it got launched. But, We have seen an insane growth of this token in it's initial days. On 28th and 29th July, SPS crossed 0.8$ mark but then over time it got dumped down and came to 0.24-0.25$. Currently it is being traded above 0.4$ with a constant growth and with the launch of the upcoming Chaos Legion edition cards and other use cases, SPS will definitely find better value in near future but until then you can stake your sps in the game for a sweet 204% APR currently. Splinterlands in his SPS whitepaper already told enough about the importance of SPS and in almost every upcoming event or airdrop, holding SPS will be a must requirement. So, if you ask me, I think it's the best time to invest into SPS before it gets out of our hands. Not a financial advice thou.


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Thanks for visiting my post.

Stay well and keep playing Splinterlands.

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Posted via neoxian.city | The City of Neoxian



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12 comments
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Hopefully SPS will fly high and steady! 💪💪💪

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I am thinking double digit in 2022. Hopefully We will reach there> thanks for visiting.

Posted via neoxian.city | The City of Neoxian

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The maximum volume of Axie Infinity (AXS) is 270000000 and what is the maximum volume of Splinterlands (SPS) ? - I did not find this information / if the maximum volume is not limited by the contract, then it is dangerous.

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(Edited)

The maximum volume of Splinterlands (SPS) 9 billion is 45 times more than that of Axie Infinity, so the fair price is 45 times less than that of Axie

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noice! thats a good way to predict the SPS future. 45 times less of 77$ is 1.77$ which will be a great price for me. But over time as the game evolves and bring in more players and investors, may be it will pump up furthermore :)

Posted via neoxian.city | The City of Neoxian

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It seems like it will take a while for everything to play out. Especially since everything is speculation right now but SPS definitely has potential.

Tagging @shortsegments since he was interested in Axie posts.

Posted Using LeoFinance Beta

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I hope it too!
Currently, I stack every earned SPS and compound it in game staking :)

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