Hello everyone today I'm going to talk about if the games on hive are undervalued or they are dying like most of the blockchain games on other platforms. To be honest most of the blockchain games face with lots of issues cuz there's money to be made and when there's money there will be lots of abusers like for example botting, multiple account farming, being pay to win not p2e, devs scamming players with empty promises etc. So it's hard to run a p2e game even the legit most trusted games face with lots of issues.
For example let's take a look at one of the oldest hive game Splinterlands. Sps price is down 97 percent from all time highs. Like if you've invested let's say 1000$ usd on it you would've lost most of it. But now it's less risky to invest in my opinion and you earn Sps staking rewards by just staking it. You don't even need to play the game. You can also use liquidity pools to make more money but it's more risky. With just 100 bucks you can buy near to 15k Sps and other than staking it has lots of other perks. Imo now it's less risky to invest in Sps and start playing the game cuz I believe p2e games will start being popular again. Also sps has the most volume among all other hive games which makes it more reliable than others.
Now let's take a look at Terracore and it's currency Scrap which unlike splinterlands it only trades on Hive engine and with just 0.6 usd volume which is ridiculous to be honest. Most of the trade history are selling orders and I couldn't find a chart history of it. I think the only way to make money with scrap is by trading it other than that maybe you can earn some money playing terracore.
So are tye games here undervalued or they are living barely with players giving up on it? In my opinion splinterlands is undervalued right now cuz it still have lots of loyal players and when the p2e becomes popular again you can make a lot of money by investing earlier while it's undervalued.