Splinterlands SPS Token: Poised for a Bull Run in the Crypto Market

As the crypto market gears up for what could be an exciting year ahead, I have my eyes set on the Splinterlands SPS token, which is poised to ride the coming bullish wave. With industry experts echoing sentiments of optimism and anticipation, it's evident that the convergence of various factors sets the stage for SPS to shine.

At the forefront of these catalysts is none other than Bitcoin, the cornerstone of the cryptocurrency market. With its upcoming halving in April 2024, wherein block rewards will be slashed by half, Bitcoin's scarcity will be further accentuated. This fundamental principle of supply and demand dictates that with a reduced supply and steady or increasing demand, prices are primed for an upward trajectory.

Bitcoin Halving on a Logarithmic Scale:

Moreover, the recent green light from the United States Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded funds (ETFs) marks a pivotal moment in cryptocurrency adoption. This regulatory approval opens the floodgates for US institutions and retail investors alike to seamlessly access Bitcoin through a trusted and familiar investment vehicle. The anticipated influx of demand is expected to fuel Bitcoin's ascent in the long term, setting a bullish tone for the entire crypto market.

While Bitcoin commands attention as the pioneer of digital currencies, the spotlight is increasingly shifting towards altcoins. Historically, bull markets have seen altcoins outperform Bitcoin, with a cascade effect as investors seek higher returns. Notably, major altcoins like ETH, SOL, and ADA tend to lead the charge, followed by a surge in interest in smaller cap coins, including the likes of SPS.

In the last month or so SPS and Hive have underperformed BTC and stand at particularly attractive relative values:

The allure of SPS lies not only in its potential for exponential gains but also in its pivotal role within the Splinterlands ecosystem. As capital flows into the market and SPS surpasses the 10 cents mark, a domino effect is triggered. Increased visibility and recognition attract additional capital, propelling the SPS token to new heights. This positive feedback loop is further amplified as players utilize SPS to acquire DEC, fueling liquidity pools and boosting the entire ecosystem.

SPS token has a tiny market cap of $13.6 million and a fully diluted valuation of under $36 million. It is ranked at 1232 place by it's market cap. Imagine if we were to make it into the top 100 crypto coins, that 13 million market cap would become one billion dollars which would be a seventy seven times price increase which would take SPS to $2.15. You think one billion is impossible? Right now Gala games is valued at almost 1.4 billion dollars. Bonk is at $1.6 billion and it is just a new Meme coin...

Looking ahead, the listing of the SPS token on a major exchange, particularly Coinbase, stands as a monumental catalyst. Such a move would inject fresh capital into the Splinterlands ecosystem, enhancing liquidity pools and bolstering the broader Hive chain eco-system. The ripple effects of increased accessibility and liquidity are poised to amplify SPS's upward trajectory, cementing its status as a premier investment opportunity.

Here is what happened when Bonk got listed on Coinbase and Binance:

At its current valuation of 2.7 cents, the SPS token presents a compelling investment proposition, offering the potential for staggering returns. As investors eagerly anticipate the unfolding narrative of the crypto market in the months ahead, SPS stands as a beacon of promise, ready to seize its moment in the spotlight and redefine the future of decentralized gaming and finance. With a potent combination of market dynamics and ecosystem fundamentals, the stage is set for SPS to soar to new heights, making it a must-watch asset for discerning investors seeking to capitalize on the burgeoning opportunities within the crypto landscape.

So buy or play to earn your SPS token before it really takes off!

So where do you start? If you have not joined the Splinterlands ecosystem feel free to use My Splinterlands link

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