Hello everyone,
How are you all? I hope everyone is fine and doing great in their life.
It has been a long time I am playing games on hive blockchain and today I decided to take a look at the market of the tokens that belong to those games that is the native tokens of the games I am playing here and to start with I am going to pick splinterlands SPS token which you can see below.
That is the chart from Tribaldex that you see above and that chart do not tells us much about the SPS token but we can see that the trading volume there is $1400 and also there have been a pump the token in last one month. I got a closer look at the chart and observed that it was a 14% pump in last 10 days.
I then head over to the coingecko to get a even more clear picture for Splinterland's SPS token and the charts there can be seen for longer timeframes as you can see below where we have data for last one year approximately from September 2024 to August 2025.
Looking at the chart we can clearly see that the SPS token is almost near to it's bottom value and so there is a huge chance that we will only see it climbing up in coming weeks and months. Want to know why I say this? I say this because the volume for the token is not bad at all.
I saw the combined volume for the token in last 24 hours and that was quite decent as you can see in the screenshot below.
For some reason they are not showing the tribaldex volume here and I think that deserves to be mentioned here as Hive blockchain was the reason why Splinterlands came into existence. Anyways let us look at the chart for last one year from April 2024-25, look at the chart below.
Above screenshot I have marked the lowest value that was observed in April 2024 at $0.004 and in one year it gave a 3X returns by reaching $0.014 as you can see in the screenshot. That is why I think we are going to see some positive move in the market for this token as we are almost near the bottom value.
Even if we are able to get back to the recent high of $0.014, we will be at 2X price from here and if bull run impact is seen then a 4-5X is possible easily. Look at the chart below that is been taken on the maximum time frame for SPS token.
Those are the levels we attained when bull run was active in last bull cycle but still why I am giving a 4-5X forecast on Splinterlands sps token will get clear once you see the next chart at lower time gap. A 5X for splinterlands SPS token from here will be at $0.035 and let us look below if that was attained recently or not.
In march 2024 when the entire crypto market saw a massive pump SPS token reached 3 cents which is approximately 4X from current price and that is why if a similar bullish pattern is yet to come for entire crypto market, especially the ALTS then SPS token can have its happy run as well.
before I end this blog I will like to share about one more game I play here and it is terracore and the market there has been disasterous as you can see below. the 24 hour trading volume is just $1 and how sad it is to see that for a game that I play almost every single day.
Anyways, what are your thought on SPS token, do you think it can go higher? I think a 2X is easy to attain from here and a possible 4-5X can also be captured if the market gets bullish for Altcoins. I am not giving any financial advise here so please don't see this blog as something like that.
Thank You and make sure to check Crypto Company services as I recently shared in my blog. You can simply click on the picture below and it will take you to their official website.
