Splinterlands - Hive Pump Effecting Splinterlands Assets
Stable Tokens in DEC
DEC by design is intended to be pegged at $0.001 each. However since the Splinterland boom a lot of players are now buying up DEC at higher $ amounts. So much that it has exceeded 10 folds its pegged value. Now maybe a good time to buy DEC if one has Hive available to spend. This is because Hive value has gone up while DEC has remain almost close to $0.01. As chart below shows:
That big red candle is DEC to Hive which is good news for Hive holders. In addition other Splinterland assets are in similar positions. Spending less Hive to purchase the assets.
SPS Tokens a Buy?
Just yesterday SPS was still within the range of 1 Hive per SPS. Now its almost at half way ranging in 0.56 Hive per SPS. Both DEC and SPS are the first and second most traded tokens on Hive Engine. The potential of them to maintain value at current status is high. For players looking to add cards to their collections its a great way to buy more DEC.
While players who what a passive income but also be vested in Splinterlands buying and staking SPS is also a good outlet. There is just a lot of opportunities to spend any extra free Hives for Splinterlands assets now. This includes card packs and individual cards since DEC is lower in Hive.
Until next time thanks for reading!!!
If you are interested to learn more about Splinterlands please go through some of my other posts. Order is from newest to oldest posts:
All You Want To Know About Reward Chests
Helpful Links for New and Veteran Players
Splinterlands Good Cards To Own
Splinterlands Rentals from a Lender Perspective
I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:
I've noticed that DEC tends to trade more based on its USD value and not the value of HIVE. Everytime there is a HIVE pump, DEC stays at the same USD price, which means it goes down relative to HIVE. As much as crypto tries to detach from fiat, it is still pretty stuck to it.
Exactly. Dec feels more like a stable coin hence good to buy when ever hive soars higher. It drop to as low as 0.006 hive per dec. That is a steal with where hive has been in dec for weeks. Thanks for dropping by !LUV and !PIZZA
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@shauner, you've been given LUV from @mawit07.
Check the LUV in your H-E wallet. (6/10)
PIZZA Holders sent $PIZZA tips in this post's comments:
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!LUV and !PIZZA
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@mawit07, you've been given LUV from @logicforce.
Check the LUV in your H-E wallet. (3/10)
Thanks !WINE and !BEER and !LUV
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@logicforce, you've been given LUV from @mawit07.
Check the LUV in your H-E wallet. (4/10)