Splinterlands is dominating the hive-engine market

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I do not know it is good or bad but it is the truth to be told.

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Why I check https://hive-engine.com I found this thing. I am not sure this status happened a long time ago.

Their ranks are as follow:

RankToken Name24 hr Volume in USD
DEC151232
SPS223638
Chaos39798
Starbits48975
Swap.LTC58205
Voucher66431
Plot75657
Swap.BNB83829
Swap.BTC93432
LEO102261

DEC[1], SPS[2], Chaos[3], Voucher[6] and Plot[7] are tokens issued from Splinterlands formerly called Steemmonsters. 5 out of 6 tokens are in the top 10 list. As much as I remember DEC holds first position for a long time. This is too much and Splinterlands did not give face to others.

Starbits that is the token used in Risingstar game is in fourth position. LEO is also in 10 position.

Are people holding LEO?

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24 hr trading volume of DEC is 20% more than LEO. There are a lots of transcactions. People are keep buying and selling. DEC price may be low but it is not lower than Pegged price. Pegged price is 0.001 USD. So 1000 DEC is equivalent to 1 Hive. Primary support for DEC is 0.0017 and primary resistance is 0.001785. Support is stronger than resistance so DEC price will probably increase again.

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For SPS resistance is stronger than support so SPS price may likely to fall. But price will stop at support poont.

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So what about Starbits?

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It is hard to tell but support is stronger than resistance. Starbits price can increase more than that.

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For LEO Support is stronger than resistance. But it will be hard to break the primary resistance at 0.22 Hive.

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This is just my prediction and not a financial advice. This prediction based on the fact that [Supply and Demand] are equal. So the result may changed according to [Supply and Demand].

Thanks for reading my post.

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Posted Using LeoFinance Beta

leofinance hive-177682 neoxian hive-186042 oneup spt risingstar ctp hive-engine
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That is because there are a lot of people who are heavily invested in the Splinterland.
Plus Splinterland is showing some promising future plans.
This is just my opinion. I am no financial guru
😜

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