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RE: Splinterlands:: Governance token SPS - Why I continue to Buy & Stake SPS...

in LeoFinance2 years ago

yep, I am also super bullish on SPS. Although I now think that the airdrop of 1 year was too long (no project ever had sucha long airdrop and we now know that price tanks for the entire airdrop period) and the max supply of 3 billion is way too high. They could have easily kept it at 1 billion (over 5 years) with there being much less dilution. Nevertheless, SPS will become much less scarce with the stop of the airdrops as well as the plans to burn much of it.

My last TA on it was this:

https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-trend-reversal-for-sps

But I remain hopeful...