25 Million #DEC Burn Coming IN - What will happen to #DEC Price?

Hey All,

Lets begin with some introduction about the Dark Energy Crystals #DEC token - which is the official official in-game currency of the game Splinterlands. There are multiple ways to acquire #DEC, and you can utilize them to buy a variety of items and enhancements, enabling you to climb to the leaderboard's top position. In my case, I am earning most of the DEC via delegating #SPS which is the governance token and I am also earning by renting out my NFT cards. Coming back to the main topic of the post which is around the 25 Million burn of the DEC tokens then here is how this is going to happen.

The Sale starts in another 13 hours and can be found on the following Sale Page Here In this sale the dCrop team has collaborated with the Splinterlands team here to promote the limited edition of the the Olive Tree NFT Cards. The highlight of this partnership lies in the limited availability of 10,000 NFTs for sale. These NFT cards [Olive Tree NFT] can be acquired exclusively with #DEC at their fixed value of $0.001 for 25,000 DEC. Notably, the unique aspect is that if all 10,000 NFTs are sold, a substantial 25 million #DEC will be burned. The more #DEC is burned, the more beneficial it is for the Splinterlands game. Regarding my approach to this opportunity, I am eagerly anticipating securing one or maybe even two of these limited editions. Here is where currently #DEC is trading almost close to it pegged value around $.0009 and who know once the sale starts in another 13 hours or so there is going to be a huge demand for #DEC and this definitely is going to bring or even break DEC peg value - lets see what happens to the price of DEC by tomorrow.

At the moment there is a lot of utility built in for Dark Energy Crystals #DEC - one can buy in-game assets from it, booster packs, burn #SPS to get DEC, card rentals gives you DEC and even SPS delegations gets you DEC. So without a doubt the 25 Million DEC being burnt via this SALE promo is definitely go to bring some action to its price. I have already acquired 25K+ DEC ad look forward to participating in the sale. And if you are a die hard fan of Splinterlands plus dCrops then you should definitely consider buying one NFT here and at later point in time you have the option to sell it in the internal market if incase it doesn't suite your purpose or objective.... go DEC go DEC to the moooon soooon.. :-) cheers

Have Your SAY on #DEC & #dCrops in general...

Do you HODL #DEC? Plan to participate in the #dcrop limited edtion #NFT Sale>What cards did you get? Were you lucky to have some legendary cards and still #HODL them? Are you accumulating #CROP Vs Selling it for another token? Let me know your views in the comment box below?...cheers

25 Million #DEC Burn Coming IN - What will happen to #DEC Price?

#dec #splinterlands #sps #dcrops #crop #farming #blockchain #farm #plant #seeds

Image Credits:: dcrops, hive-engine, pro canva, splinterlands

Best Regards

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects...

Posted Using InLeo Alpha

Posted Using InLeo Alpha