Can SPS Hit $8?
In this video, I explore the market cap of Axie Infinity during the last bull run in 2021 and how that would compare to Splinterlands and SPS if we were to have similar success. It would lead to an $8 SPS. Is that possible?
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its certainly possible. hive blockchain itself has tremendous potential people are sleeping
I really optimistic that it will actually hit that figure
10 cents is doable 100% but 8$ is outrageous even if you've presented the maths.
$8 seems like an insane price tag while we still have SPS inflation, but if the game is successful in bringing in new players and there is still demand for rewards once the SPS printing has ended, then we ought to see a very nice price increase as systems are put in place for the @spsdao to repurchase tokens to be able to pay out as rewards.
Currently though, there just isn't the proper demand drivers in place to make people want to hold SPS besides staking it.