There is a lot going on with a splinterlands game and some of the changes are already implemented however a bunch of changes are still on our way which should be implemented next month. This is not the first time we have seen changes going live in the game because it keeps on happening and with changes I expect some betterment in the game. I know that the team is focused on community first where they try to bring all the changes which can be good for the community, and this is how they are trying to add more value in the project.
They are trying different ways to add value on SPS token as well as other assets in game. No because the market is in better situation but proportionately, I can't see a similar value addition in a splinterlands assets however I will expect that the situation should improve over the period of time. I hold variety of assets in my account, and this includes cards, validator nodes, lands, and tokens etc. I am focused more on the sps and I expect that this token will do fantastic in the market, and it is just a matter of time. We have seen how the price was improved significantly in the month of November but now it is going down and it is for sure not stable at all at this moment.
SPS price is in Downtrend
Just have a look at below chart and it is for one month where you can clearly see the price downtrend. There is a big drop on value as you can see the price was almost $0.03 a month before but now it is $0.02 which is the drop of 33% in its value. I can't say where this price is going to be stable, but do you think it can go towards one cent? I think it is not going to be there but again it's crypto and nothing can be sure shot.
I am still buying SPS because I believe SPS is going to be valuable but even now when the price is low then also it is good to have more as it increases the season reward. The reward multiplier is based on sps stake and it's obvious that the more sps you have will get you bigger multiplier which means you are going to get better reward in the game. This month itself I made it 150K SPS and is still on it to make it 160K SPS as soon as possible. There is a gap of more than 4k SPS for me to reach at 160k and I anticipate that this will be achieved by end of next month.
Every month I add approximately 4k to 5k SPS tokens on my game account and low price is helping me a lot to have more. If this price stays in the similar range, then it is going to help me because I am planning to buy a few more thousand in next few weeks and this is why I am expecting to have 160K sps in total by end of next month. The current APR is more than 13% which is paid out in two tokens which are sps along with voucher. I also expect that the price for voucher is going to be up since the next promotional event will be happening in the month of April. I have been accumulating vouchers for many months and hopefully in the upcoming promotional event I should be able to use these vouchers to grab some better value assets.
I am bullish on SPS even now when the price is going down and it is because I am trying to grow my holding up to a level where it can help me have better in game towards and since I am not investing to book instant profit hence, I am ok to hold it for long term. I'm sure team will do something to bring more value on spears and it is just a matter of time hence we all need to wait for better value and in the meantime continue to play and enjoy the game.
Thank you
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