Splintershards falling like a rock

in Splinterlands4 years ago (edited)

It really just is an update to the otherwise very deflationary cryptocurrency token #SPS (Splintershards).

As can be seen in this graph picture, SPS just fell 20+ percent in less than an hour.

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It is arguably a very small market - not least since almost all the released tokens are staked in-game for further airdrops. Therefore the market can very easily be both manipulated and incredibly volatile to changes in supply and demand.

Clearly, somebody wanted to unload a handful of tokens today.

They'll be back - as some old movie star would have said.

For new players:
If by any chance you haven't tried Splinterlands yet, please do go and use my Splinterlands referral link. It's free for you and beneficial for me 🙏 Oh, and you risk making SPS (Splintershards) that sells for fiat money on exchanges, if not directly then at least via other cryptocurrencies.

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Imagine that depth, Anyone who will ride on that will make some money for sure

Oh yes, money can be made. I really believe it will go very high - eventually. But first, we need a year or two for the economy to roll out and the in-game useability to manifest itself. The plans are solid though, which is more than can be said for all tokens.