There Is No Noticeable Effect On GLX Token Price After A Soft Launch
Hi everyone this is lucky ali again back with another great topic. Today we are going to discuss some issues regarding the genesis league sports game. I don't know if you got an update or not but the genesis league platform has done a soft launch. However, it failed to make hype, and when the GLX price was pumped to $0.0011, It was because of the hive price jump. Instead of rising the price is now $0.007 which is almost near to the previous bottom price.
Well along with the GLX price, I am also going to share my GLX staking update which is a weekly update. If you ask me if I am interested to play this game then I want to say that it is all depended on the future situation. first I will wait for the full game launch and then check the earning and time factor. If it does not fulfill my criteria then I will use the investment strategy as I am doing investment in splinterlands. There are multiple ways available to invest and earn because games like spinterlands and genesis league are more than just playing.
GLX Price Is Returned Back To $0.007
I was not expected that the GLX price will go below 1 cent again but what we are seeing is really surprising. As I said in my previous Splinterlands weekly challenge post, the genesis league game soft launch has been done but Instead of rising, the price fell further. I think we should give more time for a better result because this game launch will affect positively on price after some time. We can just speculate.
However, people still believe in the project and these people can take the benefit of this cheap price again. Look at bitcoin, it is also coming down frequently but we know the future and that is why we always focus on gathering more tokens. The current GLX staking APR is 73% and it keeps going down. There are 106 days remaining before the end of staking and till then the APR will go down to 20% approx. The token reacted positively in the last week and that is what gives relief to every genesis league asset holder.
There is no effect of a soft launch instead the price fell but I hope that team will improve things during the full launch. It takes time to improve things and It is good to see that team is taking time to launch the gaming in genesis league. The work done with patience is better so we do not in a hurry instead we get more time for building. I am still accumulating more SPS tokens which is why I don't have full focus on GLX. But this is going to be the next SPS for me and that is why I am focusing more on it after the SPS.
My Weekly Staking Update
I am almost near to reaching 7k GLX tokens. Currently, I have a 6,778 GLX staking balance and I am getting 73% APR and also earning from the airdrop. So currently these two ways helping me to reach my goal. If I talk about GLGT then I have a total of 33.587 GLGT tokens. Rather than these two tokens, I am holding nothing in the Genesis league but I will decide after the game launch. However, some people bought a good collection.
Anyway, I have no specific target for the GLX staking but the only plan is to stake whatever is earned. Airdrop and staking both are going to end in 106 days and within these days I will have approx 15k GLX. The price will remain low for a long time and during this time I can buy some GLX tokens from the market but it all depended on the situation. The first target is to reach 200k sps tokens and currently, I have 150k SPS tokens so I need to 50k more.
So this is my point of view on GLX price, genesis league platform launch, and my current holding. Do not forget to share this post on social media with #play2earn and #splinterlands tags, reblog it and comment below.
Lucky Ali
Image source
○_________________○___________________○
| 👇 | ||
|---|---|---|
 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
Posted Using LeoFinance Alpha
Well I think BTC going down is affecting many ALT coins.
We wil just be patient for the bull run I think you will appreciate the GLX token.
Exactly, I hope that BTC soon will shoot.
Sure it will
Save this comment 😂
saved xD.
😂😂😂😂😂 when become increase I will say I told you that 😂
Thanks fo financial advice :p
You're welcome ♥️
@tipu curate
Upvoted 👌 (Mana: 37/67) Liquid rewards.
thank you
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited..
This post received an extra 12.88% vote for delegating HP / holding IUC tokens.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
Thanks for sharing! - @alokkumar121
