RE: The Move I Made I Never Thought I Would
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I actually bought most of mine unfortunately at .45 right before the dip as I am still only a few months into Splinterlands so far, but I plan on adding a decent amount to my Splinterlands portfolio. I definitely prefer sps at it's current price vs dec at it's current price.
Omi I'm not sure I would have sold as something else probably would for me at least. Omi is not yet on immutable and once veve can be cross traded on immutable platform I can only see that resulting in bigger gains, but who really knows it is all rather hard to count in.
Considering with sps you are getting the voucher airdrops and apr.
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Yeah, Omi will move, but I think even with IMX it could do a 3x. I think SPS could potentially 5x this month. It will be close, but the rewards, apr and airdrops made me make the move. Thanks for the great feedback.
What is making you feel that sps could potentially 5x this month? I mean I'm still relatively new to crypto so asking for understanding. For me thinking of it logically it is more likely to 5x near the end of the sps airdrop or several unique burn mechanics coming up(Not just counting pack sales).
Great question. It has fallen from the all-time high from a few months ago to a new low last week. It's about a 5x move to hit all time high again from here. The reasons the token is surpressed is one key factor. People have been selling their SPS to buy either buy packs for the whale sale or peopele are selling to buy credits or DEC to buy packs at general. All Splinterlands assets are down right now. Once the packs are sold, people will stop selling their SPS.
Also, with the release and sell-out of Chaos Legion, a lot of press will hit and bring a ton of new players and new players will help push all assets up like we saw last summer and fall.
Sometime near the end of the month we should get more info about Modern and Wild leagues and SPS battle rewards if you have staked SPS. The demand will surely increase at that point as well.
If the entire crypto market stays down, then I don't expect it to hit an all-time high, but it is possible with the potenital press and increased demand.
If the market goes up, I think it would be a lot easier to hit that 5x number.
SPS has a lot in its favor right now. Plus on VeVe I'm so damn top heavy on collectable and comics that I had to take profits somewhere.