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RE: Sps heading towards my buying range...!

in LeoFinance2 years ago (edited)

What's a reasonable market cap for Splinterlands?

For a game, $1 SPS would mean it is worth $3 billion market cap fully diluted.

All else equal, it means SPS is ranked #30 token amongst crypto.

Real world market cap for reference:
Activision Blizzard: $61 billion
Nintendo: $52 billion
Electronic Arts: $39 billion
GameStop: $10 billion
CD Projekt: $2.65 billion

Source: https://companiesmarketcap.com/video-games/largest-video-game-companies-by-market-cap/

$3 billion may be a little lofty and overpriced at the moment.

Maybe sell at 99 cents before all the $1 target people run for the exit, or 98 cents and so on.

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