Well, it looks like GLX is going all the way down to the abyss. Last I checked, the price was now 20% of a cent and showing signs of further decline.
The crypto market has been in an awful situation in recent weeks but the problem with GLX goes beyond that. It looks like the end of staking reward is a weight too much for the tokenomics to handle.
Good thing is that a lot of us saw it coming. It's the inevitable path that the token was destined to follow.
Knowing it's going to happen doesn't make the pain go away. It's a very frustrating situation and I honestly don't have any idea of how to actually get out of it.
From a personal point of view, I've accepted my fate and will simply hold my assets. I'll ride it down to wherever it goes and see where that takes me.
In fact, once I'm inna slightly better financial position, I'll be adding a few thousand tokens to my collection. I'll be buying as much as possible on the last day of staking reward.
I haven't been keeping up with news about the token but it's safe to assume that there'll be added utility in the coming weeks.
The Rebellion
On a positive note, it looks like there might be some life in the Splinterlands side of things. Last I checked, it looks like there's been some new development surrounding the new set of cards.
The presale price is 4k Dec and 5 vouchers. Meaning I am in fact, too damn poor to even go near it right now. Then again, I never write off any purchase because spare cash could come through at any point.
I got very lucky in the last Rift watcher drop and I'm hoping that luck shines through once more. I'm not really thinking too much about it though.
At the end of the day, GLX is the cause of major pain. I'll take my mind off it while being hopeful that something good happens along the way. It feels like a pipe dream but if I wasn't a dreamer, I wouldn't be here.
Thanks for sharing! - @mango-juice
![](https://images.hive.blog/0x0/https://media.giphy.com/media/W4QD5qT1u6OJV1ENXU/giphy.gif)
maybe if this helps you a little bit to buy your first rebel pack!
The actual game is shockingly bad so they need to improve this before the price ascends. I wondered did they show the game off the the MLS yes as I do not think it would be received warmly.
It is quite terrible in every possible way. I think the issue is that it wasn't designed by actual football fans