Hello and Namaste Everyone,
SPS Price is growing and its the last week we can see that it has grown by over 20%. It is market impact and it looks like this will take it beyond one cent price soon. We can see the $0.01 price in the game account but in the market, it is not which can be because of some sync delays. It is good that finally SPS has got momentum in the market and it is great for those who have been waiting for some positive appreciation for SPS price. Even though this price is going up I still think that it is too early to make any judgment. Don't think about the price instead think about the utility which is the key to the game.
I believe that there is nothing to worry about if the token is there and the utility is strong in the game or any project. Sprinterlands is one of the projects where token utility is the key and for SPS this is very good because you can use the token for various purposes in the game. The team has already made it a valuable coin of the game because it is rewarded for the gameplay and we can also earn APR for staking the coin in the game. This is important and we need to understand that keeping the tokens in the game helps us earn rewards and it also helps us to earn better rewards in the game. Rewards are directly linked with the SPS holding.
Now let's have a look at the price I have taken a days price graph. An uptrend can be seen and it is good which is probably because of the market sentiments. This is just the beginning and I hope we are going to see much more coming on the way. I don't think it will happen in a couple of weeks but if we expect some great value appreciation then wait for 2025. The next year is going to be a game changer for the crypto market but no surprise if the same momentum starts from this year also.
This is my balance which is pretty much close to 59,000 SPS balance. There are some tokens in liquid which I am going to power up right away. I have done it and now I am only 1100 tokens away to market a 60k SPS balance. I am on it and I hope that in the next few weeks, this should also be done. I'm very confident that it will be done by the year's end even at the current speed.
I am happy to have whatever balance I have, and I'm not going to sell anything because I believe it is for my long-term gaming journey. If I sell these tokens, then buying back might not be possible if the price is increased. It's better if I don't book the profit; instead, I keep the balance for my gaming journey, which will empower it. I will try to earn better in-game rewards rather than booking direct profit. Booking a profit on the investment is common and that should also be done. I will continue to hold these tokens and it is part of my long-term strategy in the game through which I will continue to keep the balance in the game account and enjoy the gaming.
SPS was valued at almost $1 in 2021 so I don't think it is going to happen soon and it seems difficult also to be very honest. Are you expecting the price to reach around $0.10 if the same momentum continues? What are your thoughts about SPS and do you think that it is still a good option to go for an investing move? What are your thoughts about the Splinterlands game and sps in the long term?
You can join the game using my affiliate link below, and I can also help you with it if necessary.
https://splinterlands.com?ref=reeta0119
[Images are taken from splinterlands wherever the image source is not mentioned]
Thank you so much
Stay Safe