SPS is on Fireš„
News and announcement play a very important role in crypto market because if something is announced that can add value to the project then we can see the impact on the token prices. Even the positive news in the market also pushes prices to the higher side. These are very normal things and we need to keep an eye to see wherever is a possibility so that we can make the most out of the available opportunity.
SPS token is on fire today because this month seems to be very good for the splinter land and there is a lot that has been announced. I wanted to buy a few thousand SPS tokens today and trust me that it was not easy because the price kept on moving upside. Below is the snapshot that I have shared and it is for the SPS price moment where you can exactly see how the price is going upside faster.
The upcoming sale for Riftwatcher packs is almost here and we are going to see it live in just the next 2 days. Hope you are aware that the payment method for the upcoming pack will only be SPS tokens along with vouchers so it is obvious that the SPS price will grow. I did buy some SPS couple of days back but today I arrange some more funds to buy the tokens. I did not get the same deal that I had gotten in my last purchase and even when I was buying the price was keep on growing.
It seems like everyone is interested to buy the gem packs and for that reason, they are trying to buy more SPS tokens from the market. I expect that this is just the beginning and we are going to see even better prices for the SPS token in the coming days. Maybe the case the price will go more than 20 cents in the next couple of days. If it happens then surely we are going to get more people buying the packs during the pre-sale. It is because we need to pay the value for one pack in USD value which is $5 for one pack along with one voucher token. In this scenario, if the SPS price is high then we need to pay less SPS and it will equal the price with a lesser quantity.
I wish it grows significantly in the next couple of days as it will help me buy more packs for the same quantity. I did buy a good quantity of SPS tokens today. Now I have got 6,000 SPS tokens that I will be utilizing to buy the parts and hopefully, with an increased price this will be sufficient for me to cover my pack's purchase cost.
I don't know what will be the price after 2 days but I can also see the price moment in a positive way with the voucher token. This announcement effect we can also see with voucher tokens because that is also required to buy the pack and even after the pre-sale that will always be a requirement. It seems like finally, the splinter lands theme has got a better use case for voucher tokens and if it remains the same then we are not going to see any further drop in voucher token price.
I have already shared in my one after a recent post that I will not be utilizing any SPS which is locked. It is because I do not want to sense if I do that then I might lose the momentum and it's better to buy the token family market to manage the purchase for the upcoming packs in the game. I am glad that I'm able to accumulate a good quantity and hopefully this should be enough for me to buy the packs. I also don't know if I got the bottom price but I'm looking forward to a better price than this so that it can help me have more packs at a lesser price and this price appreciation will also be a kind of profit which I have got on the purchase of sps tokens.
So overall it looks like that SPS token is on fire and I am quite confident that it will continue to happen. It might increase even more after the pre-sale is right because more people will get to know and that will increase the demand because this is the only way one can buy the packs in the splinterlands shop.
Thank you so much
Have a great day
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Great article on SPS! So many things to think about. The Voucher price is down a little and the SPS price is still going up! The APR in staked SPS is going up too; now it is 40%. I haven't decided what I am going to do yet, but it's great to hear that you have a plan. I wish you all the best in your Riftwatcher pack purchases, I hope you get some great cards! :)
in the last 24 hours SPS has increased + 8% and I am regretting having taken a few in August. Great article and thanks for keeping our attention on this beautiful token
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Whatever happens in the market, I hope the quantity you bought and will be buying will be enough for the packs.
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Peace
Happy finale
Season resets with great opportunity to all Splinters.
Which league have you entered before the end?
Regards
Thanks for sharing! - @alokkumar121
SPS is on fire indeed and after RW sale we all can see this