SPS Potential for the Long term

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Splintershards (SPS) token is the governance token of the splinterlands game. This was launched last year in July month so it has been completed for over a year now and even we have got the airdrop for the whole year. It was precisely a 365 days airdrop and this is the biggest ever airdrop as far as I am aware. Usually, airdrops are given in one go but with this airdrop, every asset holder in the game got the opportunity to get the benefits for the entire year.

Although airdrop is now over and we have seen some spike in the price but now again it is going back to the range of $0.05. Its good because my plan is to buy more and I expect the price to go even low so that I get more tokens through my purchase. Everyone who is part of the cryptocurrency market simply tries to buy the dip and because of this lower price is always a better time to buy. I also try to grab the same whenever possible. I would like to mention that I have been buying SPS tokens since the price range of $0.30 as I thought that was the bottom.

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Its good that I kept on buying in parts and my major SPS chunk was purchased when the price was around $0.10 to $0.15 range. I never thought that the price can even go to 4 cents else I would have waited. We can not predict the next market movement and just imagine if I would have got the opportunity to buy all at $0.04 then I could have over 150k SPS my account today. This is the market and such things happen but that is ok since now I am keeping a close eye on the SPS price.

Prior to the end of the airdrop, the price was in the range of $0.05 and it was grown by over 50% in 1st week of August as you can see in the chart. Now its coming back to the range of $0.05 and I am holding my purchase. Now since SPS is part of the reward and it has replaced the DEC token so I believe that more people will start selling so I can get another chance to buy the dip. I am trying to keep a close eye on the price but let's see when I get the buying opportunity.

I am holding SPS for the long term because I believe that it can easily go to $1 and to be realistic, I am not expecting it to rise by 50x or 100x is not easy. It may be possible but I see a realistic possibility where we can see the price around $1. There will be many benefits to holding SPS and such benefits will be added bonus of holding the SPS tokens. Its a good time to buy if you have a long-term goal of at least 1-2 years and I am quite sure that this decision will make you happy. This is not financial advice and but please make sure to do your own research before you decide to invest. I am sharing my opinion and it does not mean that whatever I say is going to happen. I believe in the splinterlands project and because of this, I am bullish.

SPS token price is low right now but it has huge potential to grow in the next couple of years and its about having the patience to wait for the right time. I am going to do the same and will grab any opportunity that will come along but will not be selling my SPS stake soon.

Thank you.

Posted Using LeoFinance Beta



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Once the governance system becomes fully operational, SPS will be the key to the whole Splinterlands ecosystem. Splinterlands is not only a game; it is a fictional universe that can turn into a franchise like Star Wars or Harry Potter.

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