My thought on next move of SPS.
As the sps token price is undergoing a crazy accumulation period, we hope there will be a carzy breakout upto 5$ as i discuss in my last post here long term price prediction of SPS that will initiate after the end of airdrop. In recent collapsing crypto market the price has been moved steadily in the channel i mentuion here. I hope, If we can break out the 0.25 price range then we can see amovement upto 0.4 price area in upcoming months, if the market hold this marketcap without any further severe collupse in the market. Because already the DEC and card burning ratio is very close for some cards which is not bad for the whole ecosystem. It should be toch each other, but collapsing market in severe cases like 2018-2020 will destroy the game.
Will a collapsong market destroy the game? Or will everything simpley get less valuable until market get back up again?
And as always, what ever happens, this is good for bitcoin
If the assets become less valuable in such a level that players will burn cards into DEC to quit the game, that will be a destruction. Though upto now Splinterlands has gained a solid Sustainability, but still risks has its own way. Whatever happens I am here with next 5 years plan🥰
good prediction
Congratulations @antor2024! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 400 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
To support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!