Hello to Splinterlands and Hive Fam,
Hope life is treating you well wherever you are in this part of the world.
Some of the coins I follow closely for my investments, and SPS is one of them. I had no idea about this coin before joining the Splinterlands game, but after joining, I realised its potential and the utility of the project. We have thousands of coins available in the crypto market, but I believe there are so many coins lacking real utility, and that is where the growth is not happening. I believe that the SPS situation is not the same and it is completely different. I believe in fundamental analysis because that is a practice I follow while investing in stocks, so I did the same when I started investing in cryptocurrency. Hive is the one having a great utility on this entire platform, but on top of that, there are a few coins that are also very good in terms of their utility in the project, and I'm happy to say that SPS is one of them. Holding more SPS in the game account brings you a very nice reward, which is more than 10% at the current time, and it also helps you to get better rewards in the game, so both are highly valuable utilities, I believe.
Today I was scrolling my X feed, and I got to see a post that made me very happy after reading it. I'm very happy to share that post with you because if you are part of this game, then I'm very sure that it will make you happy as well, if in case you have not read this X post. SPS or splintershard coin is now live for BASE trading.
https://x.com/TheSPSDAO/status/1956685385129668739
Those who don't know about the base, I'd like to mention here that it is a blockchain network like the BSC chain, and it is a growing network currently. We already have SPS available on Ethereum and the BSC network, and now the base is the 3rd network on which the SPS coin is available. I got to know about Base Network recently through a friend, and it is impressive that on Base Network, one can transact at an extremely low transaction fee. Because it is a growing blockchain network so the user base is growing, which is due to more adoption of this chain.
I checked this coin on the base app and I found it there. I have also added this coin to my watchlist to track it. The base wallet app is picking up the local currency and showing the current price based on the market. Because the listing is already live for this coin in the base app, so anybody can buy and sell this coin and also do the swap, which I think is great because now people will be able to buy the SPS coin through the base wallet. USDC is the stablecoin that is integrated into the base wallet, and this can also be purchased on Coinbase, so I believe this has made things very easy for people in the US to buy SPS coin because Coinbase is a go-to exchange for them, and they can easily swap their USDC to SPS without any hassle.
It is not just for the US country because anybody can buy the coin on the base network, and swapping through USDC is super easy, and now anybody can buy the coin easily. I did buy this coin earlier through crypto .com exchange and it was not easy to be honest but somehow I managed to get this done But now I'm glad that when I'll be I'll be buying the SPS again I will not have to go through that process instead I can get this done through base network also and I will also try to share my experience when I make this purchase.
Link
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Overall, I believe that the team has done a great job of integrating SPS on the base network, and this will work in favour of the coin because when more people pay attention to this, then we can expect more trading volume, and probably that will turn out to be more players onboarding in the game. I remember that in the beginning, when I did the purchase for the first time, it took me time because I was not aware of the process, but now I believe this entire process is smooth and hassle-free, which is what is needed in the game to enable a lot of people to buy this coin. Maybe this coin will be listed on more networks in the future, but for now, this addition of Base Network is a plus for the project. Let's hope it brings more value to the coin and game altogether. Thank You!
My Splinterlands Game account is - FinPulse9.
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Image Courtesy: Splinterlands game website and base app, where links are provided