Following the Price Declination of SPS, Splinterlands Governing Token and Challenges to New Players

I first was introduced to Hive through Splinterlands a little less than two years ago. Learning the ins and outs has been a fun challenge as each ecosystem has their peculiarities. It's been fun getting to know a bunch of new friends and learning a lot along the way. For all of that I want to thank the whole Hive community! Now back to Splinterlands for a few minutes:

SPS is the governing token of Splinterlands and is currently awarded from ranked battles, brawls, land, and other items. Last year it was at around eight cents and peaked just over ten cents. For the last while it has been sitting just under three cents but over the last few weeks it's been eroding ever so slowly. Since I own a fair amount it concerns me. Here are the charts from Coin Gecko of the last day, week and month.
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Last 24 hours from Coin Gecko

Last week from Coin Gecko

Last month from Coin Gecko

In the last 24 hours we've seen some nice support just above two cents which is encouraging especially when compared to the last week and month. I'm hoping we've hit our new low but with a lot of confusion and concern in the community about bots I'm hesitant to proclaim the slide is over. I'm hoping with the new SPS staking requirements for maximal rewards in gameplay may stabilize the price a bit initially. At the same time it might scare away new players which is a huge concern in my opinion. It's already a difficult task to come into the game and learn to be competitive and now have to pony up not a small amount of money just to earn rewards. If I were coming in as a newbie I might not bite the bait. Anyone else have any thoughts to add on SPS and the new staking requirements?

Have a great day everyone, thanks for stopping by to read my post!