155 Days remains for GLX airdrop with current 87% APR

If you are holding sps token in your game account then I'm sure you must be getting glx as part of the airdrop and as on today there are one fifty five days left for the air drop distribution. If you have not checked it yet then please go ahead and check on https://genesisleaguesports.com/ but I believe that of us aware of this. Airdrop is something that we always like to have as much as possible because it is a free money and majority of people sell the these free tokens and book profit. It is totally depends upon how long you think about the project and what value you expect in the long run for the same token that has been air dropped for free to the community. I believe this is a way that any project follow to reward their users for their trust and belief in the project and in return the team expect that community will not dump the token in market however the reality is different in most of the cases. Every token that has been air dropped face a bigger price dump in the market because majority of people who are benefited sell off their tokens in the market for these free money.

GLX Airdrop

GLX Airdrop has been ongoing for everyone who is holding Spears token in the game account. So if you hold more S P S token in the game then you are getting more G L X according to your holding. We can say that this is an additional benefit for SPS holders and later when price will increase for the GLX then I believe they are going to enjoy better profitability. it is crypto market and we just can't predict that how things will be in the next day but if any project is fundamentally solid then there are higher probability to see the value appreciation. GLX is the governance talker for the upcoming Genesis League game and currently it is under development. The airdrop was started in the month of October last year and currently it is ongoing and left for one fifty five days as of now. I have been also getting the drop since the beginning but I am accumulating all the tokens that I receive because I believe selling at this price is not a good idea instead I will prefer to be part of the game when it is launched.

GLX Price

I have checked the current price and here I am sharing the snapshot from the market where you will see that price has been declining for some time. It is understood that when more people sell the token then price will keep on falling and it seems like the same is happening with GLX price in the market. Its listed with HIVE paid and currently its around 0.025 HIVE and I still remember that it was almost one hive after the launch so what went wrong with this token that dropped the value so high and it is very low at the moment. Whoever is holding a bigger amount of SPS in the game must be getting good number of tokens every day as part of the airdrop and possibly they are booking profit every day which is why the price has been dumping.

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It is true that token is lacking the use case because of no game in place but I keep on getting the notification related to the game update and I believe we are going to have the game live this year. The team has not shared any tentative date for the launch but most likely we are going to have it in the year 2023 so once the game is available then probably the value far token will appreciate.

My GLX Holding

As I already mentioned that whatever token I get as part of the airdrop is deposited and I even buy from the market sometimes. I could not pay more attention to this token because I have been focused on SPS and even now I try to accumulate more SPS token considering the upcoming change in the game. I don't know when the price for sps will start growing but before that happens I would like to have a nice holding so that my game play is not affected because of the change. similarly I also want to have a nice balance for the glx tokens. The current APR is very good with GLX which is almost 90% and I hope by the time it drops more than one can earn good number of tokens. GLX token is in my list but again I prefer to have more sps first then I'll be able to focus on other assets in the game and this is the reason why I am not buying bigger quantity in GLX instead my primary focus is only on sps at the moment.

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So I think that Glx token is a good opportunity to buy now because it is already at its bottom it seems and the higher probability from now is to go up in terms of the token value. This is not a financial advice I'm sharing through this post but based on my experience in the game that I have since last three years I can say that this token is going to be much more valuable post the game launch. Once I am done with my sps goal then probably I will try to match the number with sps and glx holding in my account.

Thank you so much
Stay Safe

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