Hello Splinterland Lovers,
2022 Road Map
SPS token announced and it is very much clear from the Roadmap at what time across year the price could pump and you can take advantage.
Current Price and Marketcap
If we look at the current Price 0.18$ and Market cap of SPS, It can be clearly seen still it is just only under 100 million$ which make this as small cap.
Pump and Dump
SPS Price pumped over a hype of collective voucher as it has been said that voucher are the precious much precious thing all over the space in splinterland game.
Chao Legion Hype Over
As we can see now the launch of Chao Legion with full sold out of 1Million and and next sale still in which you need 4$+ a Voucher to buy a pack still continues and 1.4 Million packs sold out so after 2 million pack sold out you will get 4$ as each pack. But we found voucher Price and SPS Price which was around there all time high SPS was touching the moon before the packs are announced and it Price was almost 1$ and Voucher sold out around 30$ each.
90% SPS Marketcap Dump: Reason
As the number of packs opened in market and We know each month 5 million new token will hit the market in addition what are available in market till Next quarter and mid of july 2020.
Till know only 5 month over i token distribution and Price Dump from all time high 1$ to 0.18$.
We can clearly see a selling pressure from Private investors and they want to exit from the board.
The question comes in our mind why they are doing such games?
well company is well managing the fund but private players got the stake in very cheap price of 0.02$ each SPS so for them it was always a profitable situation as the marketcap of SPS was x10-20 times when it opens in market. Now that Premium is reducing with over time and we will find a price where we can see a valuation or as comparison with other games to the Price of token.
#2022 Target Price of SPS
My Target Price of SPS is 0.5$ but when we see the high inflation as nextyeara s well 53 million token will hit the market in lasttwo quartes thaqt makes me clearly bearish on SPS. I wish I should be wrong but Since its very high inflation It could dump too 0.24 again from 0.5$.
Suggestions to Team how to maintain Price and pump.
- Open SPS trading as well on splinterlands website SPS/USDT pair should be able to trade directly on website link.
- Bring Game to other blockchain integrate with them.
- Reduce Tourney Prize and start buyback SPS or Burn.
- Make pool with other tokens and find more places for AMM.
- Find Top 10 exchanges and try to list on each exchange each month.
- Buy packs only buy SPS, DEC or hive.
- Try how to increase or maintained staking reward in between 25-40%.
Let me know what others thing ,How you can able to increase SPS Price which such a high inflationary supply for next year.
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