Is the Splintertalk Token Going down to Zero?

Splintertalk Token with ticker symbol (SPT) is a hive-engine token that powers the Splintertalk interface which is specifically for Splinterlands related contents. Hive posts shared on splintertalk interfacw would earn Hive rewards plus $SPT rewards. Content creators can also use the #splinterlands, #splintertalk or #spt tags.

Contents that can earn SPT could be Splinterlands game play experience, challenges, development in Splinterlands game, Splinterlands assets performances, suggestions and improvements, etc.

In the Hive-engine market, only $2.7744748 worth of SPT has been traded in the last 24 hours, with an Ask price $0.0001255 and a bid price $0.0001251. Remember there was a time when SPT was worth $0.01. The present price requires a 8x price action to get back to 1 Cent.

Understood that the crypto market is in deep long bear and the Splinterlands economy as a whole had been affected. However, some Hive engine tokens have thrived over the past months. Seeing SPT at the lows of $0.0001251. with almost no buying volume looks like its going to oblivion. However, it's a good time to buy some good chunk for less than a value and get ready for a possible recovery in the future.

But what do you think is the cause of the dipping around the SPT market?

Posted Using LeoFinance Alpha