SPS Token current Price and my Investment Strategy

Splintershards (SPS) is a governance token of Splinterlands game and its distributed every day through airdrop to everyone who is holding assets in the game. I have been getting the SPS drop since its beginning and I have also been staking all my tokens airdrop. Its current price is too low and it has also gone below $0.15 which I think is too low. So there is a question raised that is the craze of the splinterlands game is over? Is this price dump because of airdrop and people are booking profit rather than holding?

These are two questions and I think as a long-term believer in the project I can say that this is something not happening first time in crypto. what really matters is the project and the team behind it. Every investor in crypto comes with a certain goal which can be short or long term and when free tokens are provided then most of the time people dump and try to book profit. May be the case that now a days players are trying to sell more and book more profit but I think the best of it is yet to come and its better to hold and gain the benefits. In the market I belive that when there are more sellers then it's the right time to buy and wait for the right time. As the above chart shows that prices are going down and 0.16$ is too so I am using this opportunity to buy more SPS.

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Why I believe in SPS

We know that SPS is governance token of the splinterlands game and in any project governance token is issued with certain control and benefits for the holders. As of now there is no big use case of SPS but we also need to understand that this is just the beginning. As team has already announced few times that there will more benefits for SPS holders in future. I belive in the game and I have see it growing. I understand that the growth we have seen was kind of not real but it value can increase this way then for sure we can see it again and even it can be better than the last. SPS token carry few benefits that will not just give us the power to be part of the governance but I expect more benefits linked with SPS holding.

• Power to vote on future proposals
• Voucher drop everyday as per the SPS Stake
• Important role of SPS in upcoming riftwatchers pack
• Many other passive earning opportunities
• Significant APR of over 35%

My Plan with SPS

Today SPs drop has completed 175 days and now its remaining for 190 days that means 6.33 month is left grab these tokens. Here is my holding where I am pretty much close to have 20k staked tokens in my account. So I can say that I have got 20k tokens in 6 months and in remaining period I would be able to make it approx 40k. Obviously there would be some tokens earned through the staking apr. I belive that SPS would great influence and advantage on the game and selling now is short term benefits that I don't want grab.

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I have been staking all my tokens everyday and will continue to do so because its a way to enhance our stake in the game and since I get it all for free so I believe that I need to make something big. I simply believe in the project and team and I am investing on the game in form of tokens as well as cards. Like I did invest a lot in DEC tokens so that I get more SPS tokens and now with increased stake I am able to get increased amount of vouchers and this is helping me bigger stake of SPS.

I will continue to invest and this investment is for the long term because we have seen that splinterlands is a leader in playtoearn games built on blockchain. My next investment that I am goignt on Chaos Legion packs and I will share more about it in next post.

Thank you so much.

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