SPS was reached $1.27 and it's all time high. We can expect same price in near future considering current developement in splinterlands but what I say that sps can reach 5$? So short answer is, there is possiblity but in very long run So let's not dream for 5$ and focus on 1$ first. Behind any successful project there is powerful team and community who can take better decision and community support those decision and stay with it. This is the major thing after that comes other things such as governance token use cases, supply and demand. One of the most important thing is development that can bring mass level adoption to the any platform and this is exactly what i am seeing in splinterlands. I am very excited for Land and thankfully land is the first priority of splinterlands team that makes me glad and that is what makes me feel bullish on sps.
SPS need to be listed on major exchanges as well so we can see growth in market cap. Let's say that sps is listed on binance so we can see rapid growth in sps price because big exchanges like binance can bring traffic of traders to any crypto. Obviously, people are afraid and angry on centralized exchanges but same people pick this type of exchanges to trade because of advanced features because decentralized exchanges has only one problem and that is less features comparatively decentralized exchanges. Although with less features you are using decentralized exchanges then it is perfect because crypto's main motive is decentralization. Recently, You have seen the consequnces of centralized exchanges.
I hope splinterlands team will focus on new users as well and ofcourse investement is necessary thing but there should be a something that can engage them for long term. I have invited many people on this platform but almost 50% of them are inactive so this is what I believe that need to change. Splinterlads maintained the old assets for the users for example I have lots of old nfts but the value is not very down because of new cards on the contrary it's increased. Because of this thing, people accumulate new assets as much as possible so later on they will get more benefits and this is happening. By reason splinterlands's new assets sold too quickly except chaos legion because chaos legion has high supply and now bear market came so that is why demand is not like expectation.
So these are some problems and positive things about splinterlands and ofcourse every single paltform has even one negative thing but time by time it will improve and that is what happening in splinterlands. I am super bullish on splinterlands so I am increasing my stake as well buying more nfts. Soon we will see rapid growht in splinterlands and sps will again hit it's all time high and remember there is much time for 5$ so be patience. What is your thoughts on this ? Let me know in the comment section and let's discuss about it because i know there are many experts in this industrty :)
Image source : Pixabay
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 | Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you my hive family ♥ |