DEC and SPS Prices in Splinterlands- Trends and Strategies

After the launch of rebellion packs in the splinterlands game we have seen how the price of the DEC tokens has grown. This is because the token has been taken as one of the payment methods and buying these booster packs through the D E C is a discounted deal along with some promotional benefits that are available for everyone by default provided the criteria are met. Dec token is the in-game currency I would say because we can use it for buying different assets in the game. Now this token is not part of the reward pool anymore and this change was implemented a long back. Now sps is part of the reward pool but still, the dec did not lose its utility in the good game however the price has started dropping now.

This is because the demand for DEC is low in the market and whoever is holding the token is now trying to book some profit since the price is still better. Now because the price is dropping then it can be an opportunity to buy but not exactly at the current price I think and it is because we can see further price drop on the token price. I see buyers I always expect the price to be on the lower side which can get more for the same price. With SPS I have been following the same strategy but unfortunately every time I was wrong since the price was dropping continuously. It happens because we cannot expect how the market is going to be and with SPS also had wrong calculations. Whatever I planned with SPS went wrong as per my research and analysis and it's all because the community is trying to sell off a lot and in this situation, nothing can help us to gain the value.

DEC Price trend

Here is the price chart for the D E C token for seven days and you'll be able to see that the price decline has already been started. It's been over a week since the launch of the rebellion presale and 50% of X were sold out in a couple of hours. By now almost 282K packs are sold off including the bonus packs out of the total supply of 500K. I think this is a big number and since we have had the sale ongoing for more than 20 days its quite possible to see the supply ending for the packs.

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Once again the community shows that they believe in the game. Selling almost 50% of packs in a couple of hours just after the resale launched it's something that clearly shows the community's enthusiasm. I expect that the price for DC is going to drop even more because big players have already purchased whatever Dec tokens they wanted from the market. If you are planning to buy Dec then suggest you wait for some time because more people will be selling off and that can be the time to buy more DEC which you can get at a low price.

SPS is in Downtrend

As of now, the SPS price has also gone down and I think the point it has come is the lowest ever I have seen for this token price. I don't know how is it going to be in the coming days or weeks because I can see the downtrend back again in the sps price. Though I have been buying SPS for a long time and still buy but now this downtrend makes me think again about this strategy because if the price is going to be even lower then I should wait. I know that sps is highly undervalued but if I can get a good bunch of tokens at an even lower price then I think it is a great deal for me and I should not be missing out. Though it sounds good that I can buy more SPS at a lower price but I don't know what is going to be the next movement for this token in the market.

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This is something that depends upon the supply and demand and if a lot of people are selling the sps that they generate through the reward then it will take for the price to recover and this time can be anything because we cannot predict exactly. I have not decided but just have a thought in mind to put a pause for some time and see how the price works for SPS. If I decide to buy more later when the price is even low then I think it can be a good opportunity to get more tokens for the same amount and that is something I am trying to do.

Once again this is not the financial advice for DEC as well as SPS. I am not buying DEC tokens as of now because my primary focus is on SPS at the moment and this is because the token price is very low however the utility of SPS is quite strong.

Thank you

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