This Could Be An Opportunity For New Investors As SPS Trades Very Close To The Dip Price
About 6 days and 10 hours left until the pre-sale of Chaos Legion packs ends. But the Voucher distribution at the pre-sale event is over. Some investors started selling thinking that the Chaos Legion event was completely over. But Chaos Legion packs sales and Voucher distribution aren't completely over yet. More Vouchers will be distributed next month.
SPS is currently trading at $0.38. After the Chaos Legion set and pre-sale information were announced, SPS reached up to $ 1 last month. The current price of SPS is very close to the price before the announcement of Chaos Legion. Investors, who thought that the Chaos Legion event was completely over, started selling their assets.Some investors think that those who stake their SPS will remove and sell their shares. In addition, these sales create an opportunity for new investors to buy from the dip price.
The Chaos Legion packs pre-sale event will end in 6 days 10 hours. But Chaos Legion packs sales will continue. Chaos Legion packs will be released on December 8. These packs will be given to those who purchase at the pre-sale event.
Voucher distribution will continue to be distributed to those who stake their SPS after December 8th. 2x more Vouchers will be distributed. This means that those who stake their SPS will earn 2x more Vouchers. So I think those who stake their SPS will not remove their stakes. Also, those who stake their SPS continue to earn SPS every day.
I think that the current prices are a good opportunity to invest, and SPS may move higher in the coming days, especially in December.
I still think staking SPS is very advantageous. I will continue to stake SPS too. It will one day be listed on the world's largest exchanges by trading volume, such as SPS Binance. Then I think the SPS price will reach much higher. Until then, I will not sell SPS and will continue to hold it. The Splinterlands team is doing great work and partnering very well. I think SPS will be worth at least 30 times more than its current price in the future.
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