Splintershards (SPS) is a must have token in Game

Hello People,

Hope the day is going well for you and it's going well for me also.

Splinterlands game has got multiple tokens in this project but SPS is a valuable token in the game. It is valuable because it is the governance token. It is required because this determines the amount of reward we receive. It is available token but at a low price. Is also a token that is highly undervalued in the current market price sentiments. There can be multiple regions and in this post, I am going to explain why it is have token in the game. If you play the game you should have good token holding for better reward. If you don't play the game then also you have the option to earn some reward. You can earn a reward by leasing out your sps power. Even with your sps holding you can earn an APR of 13%. When you earn a reward on your sps power you don't need to send the token to anyone. You are giving the power to another player in the game and you will be paid for that. Now before we proceed further let's have a look at the market price for the SPS token and why I say it is a good buy now.

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SPS Price in the Market

The price for an SPS token is $0.026 currently and I have captured the snapshot below. Please have a look at the below chart and you will see that the price is down. It was up a few weeks back but now it is down again. Why is it happening could be because some people tried selling more tokens. When they sell it is a good opportunity for us to buy more. It's not financial advice but worth buying at this point for the long term. Forget the price appreciation because it will help you earn better rewards in the game. Price will appreciate in the long run which can be the next few years. I am expecting that in the next market Bull run things will improve.

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When the market recovers we will see better prices for SPS. If you buy now so imagine how much benefit you will get in the game. First, you'll be getting better in-game rewards. Second, you will be earning 13% APR on the holding. Third, you always have the opportunity to get value appreciation. If you don't play the game then don't worry because you can lease out your power and earn some additional reward.

A valuable Token

It is a valuable token that can turn out to be even more valuable if things go well. I mean to say that I watched the game progress closely and the team is making some changes. Ultimately for any coin demand is an important factor. More demand in the market means more value there will be for the coin. The project team is trying to bring in more new people and they are going to introduce some changes this month. Just imagine if the demand rises because more people will join the game then the token value is bound to grow. I have seen a Twitter post by the team itself that there are not enough sps for everyone. I'm not sure what they mean to say by this statement. What I understand is that they must have some plan for S P S holders and S P S tokens. If you hold more then obviously you are the one going to benefit but need to have patience to be in that spot. I am confident and hopeful that things will be going great in this game and it is just a matter of time.

Conclusion

As a player in the game, I can say that it is a very important and crucial token in the entire splinterlands game. I'm not talking about DEC because it is a stable coin and we can't expect value appreciation with this. Sps can be a game changer if whatever changes are suggested by the team fall into the right place. I want to mention here that this is the only game I play and my experience has been amazing. I was not aware of any token economy before this game and now I understand how it works. I must appreciate the fact that the team has done a great job of building the SPS token economy which is created with the thought for the long term. If you want to be benefited be ready to follow the same thought which is going to be the long term. Ultimately if you are in the game and want to have a good rewarding journey along with nice returns on the investment then now is the time. You can invest in a token which is SPS and also in different assets for better profitability in future.

Declaration- Have used images/dividers from the splinterlands wherever the source is not mentioned in this post and these are not mine.

I am part of the game so if you are not and want to be part of it, please use my link-

https://splinterlands.com?ref=shriram19

Thanks for stopping by

Posted Using InLeo Alpha



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5 comments
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Yay! 🤗
Your content has been boosted with Ecency Points, by @shriram19.
Use Ecency daily to boost your growth on platform!

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Peace,
Thank you for sharing this valuable information with the community.
Challenge and battle was intense in Splinterlands arena for the entire week.
How was your progression for your daily quests?
!DHEDGE
!PIZZA
#freecompliments
Regards

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Thanks for sharing! - @cieliss

SPS is undoubtedly a fundamental piece for Splinterlands, good post, but, you need to improve in the Markdown, besides justifying the text to give it more order and quality.

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