SPS Needs Control of Supply and Increased Utility to Recover Value
Hello Community friends, Greetings from @mrdani12 to all my beautiful friends, Hopefully you guys are doing well, Today I am going to share about the SPS price, after along time, I didn't see the chart of SPS but today I go for the chart and see the price of SPS.
SPS is the Primary token of Splinterland and those who didn't know about this token, This token listed in the biggest exchange, SPS is the primary and tradable token of Splinterlands, SPS is the token which survive in many bad situation.
Here I will share a story of SPS, Many games which is are years ago are launched with splinterland, Those who join The hive 2018-2020 who will know the worth of this token, This token is Current at 0.003 which are 100 times less then the price which this token deserve.
Now the current price of SPS is at 0.0031$ which is not the actually price which this token deserve, This token have a large community behind it, SPS is not just a meme token but A community is operating with this token.
In my Opinion the supply of this token is increasing and utility is Decreasing, That why the demand of this token is decreasing day by day and the worth of this token is dropping. Here A few month ago the price of SPS is at 0.01 and now the price drop more then 80%.
Take a look of the price of SPS which is not at 0.0031$ and the last month drop of this token is 25% which very bad at all, It is behaving badly then other token, Sometime the meme token did not, But SPS is the large term holding token this token no need to behave like this.
A few days ago is all time low of SPS which is 0.003, Now I think a little full is taken by the token but Still if the situation is like that then it will go more and more down.
I know that the overall Market situation is bad but still not just to drop like SPS, Team need to control on the supply and increase utility, This will work other wise the Token is behaving not Good.
SPS Price
Price
$0.003105Market Cap
$1,520,817Fully Diluted Valuation
$4,123,906
- 24 Hour Trading Vol
$1,601.37
- Circulating Supply
489,718,725
- Total Supply
1,327,940,171
- Max Supply
3,000,000,000
This is all about from today post see you in the next post. Take care of your self.
Discover My Previous Posts
🏰 Discover Ahonex – The New Auction House for Splinterlands Assets! 🎮🔥
It is all about today, see you in the next post.
All these images are taken from _splinterland.com Join in the game Splinterlands through my referral link . https://splinterlands.com?ref=shadowseeker1 ](https://splinterlands.com/?p=about-player)
BEST REGARDS @mrdani12
