The crypto bear market seems to be deeper as altcoins continue to fall in price. In Splinterlands DEC and SPS continue to fall relative to US dollar. However it is actually appreciating against Hive.
If Hive can rise again I can only imagine how much DEC and SPS can potentially rise relative to US dollar. The fact right now is the tokens are more correlated to Hive than US dollar. This is likely to how Hive is the main token to swap into the Splinterlands tokens.
In terms of DEC supply it continues to steadily decline. The value of Splinterlands tokens remains strong in terms of Hive. This maybe an opportunity to swap between tokens if one is long on Hive. I am thinking about swapping into Hive and maybe even staking more to reach new goals.
Until next time thanks for reading!!!
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It's nice to see DEC and SPS keep strong in relation to SPS, but I agree that its worrying when we consider how things are compared to the dollar. Let's hope things recover sooner rather than later.
If Hive can rise it raises all boats. Accumulate as much DEC and SPS while they still cheaper in terms of Hive.
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