SPS Price Taking Off?

in Splinterlands10 months ago



I honestly do not remember when SPS went up 10% mean while DEC stay mostly flat to barely higher. The increase in demand for SPS is now in sight as prices are going up dramatically in the past 24 hours.

At current values total SPS printed there is more than half of the SPS staked. The APR yield for staked SPS has fallen to 14% making it a lot more difficult to earn SPS than in the past.

With respect to Hive the price of SPS basically almost flat for the past month. It now all seems like it was a wise decision to invest in SPS right before the transition into staked SPS replacing collection power in rank battles.

Have you been accumulating SPS lately? If not are you going to buy now before it rockets back to all time highs?

I personally am getting close to hitting 60k staked SPS very soon. Hope to hit it right around end of the year.

Until next time thanks for reading!!!



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I didn't really buy any SPS before it took off but I have been stacking most of the SPS that I earned. At some point, I think the demand for SPS will level off when people get enough to reduce the penalties.

!WINE

Hope sps prices are way higher from here when they level off ;) !WINE

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