This is exactly the type of thing that I wanted to see.
For those that don't see the reasoning:
The DAO owns an enormous amount of SPS, it benefits not only the individuals in it but the DAO as a whole to put value behind the governance token.
Immediately, I have already purchased a few thousand worth of SPS because it is clearer that it is undervalued.
Now, I do think we still need to have a talk about the overall inflation of SPS and how if we are going to value SPS at in essence twice the current market rate in this set, then rewards could effectively be cut in half and the USD value will still be the same but the sell pressure has been reduced.
There is also the effect of the price action exhibiting to outside investors that we are not on a perpetual decline. That there is life and that there is potentially $2M being poured into a set which at current prices means its getting poured into SPS.
BULLISH
"There is also the effect of the price action exhibiting to outside investors that we are not on a perpetual decline. That there is life and that there is potentially $2M being poured into a set which at current prices means its getting poured into SPS." - This is so true, outside investors think that this project is dead, if we get some price actions it could be an interesting 12 months ahead.
Bullish!