SPS project analysis : How will it perform in future ?

in Project HOPE2 years ago

Hello everyone ,
How are you all ? I hope everyone is fine and doing great in their life.

There was a crypto currency i was watching for almost one year and that crypto currency is SPS , the native token of one of the most played games Splinterlands. There was a airdrop on the SPS blockchain that just ended recently.

Those who play that game must be knowing properly what did the airdrop offered but for those who do not know here is a small info. Based on your in game holdings ( card packs , card , dec tokens , spt tokens , sps tokens , etc ) there was a collection power that was given to the people and based on that a particular amount of sps was given to you daily.

That has now ended and it means people will not be earning sps like before. So the price has a chance to go up specially when bull run comes , i think it will be at a good position.

Screenshot (236).png

Above is the chart of sps token and that is not something that indicates anything big at the moment. In one to two months we will see what happens with splinterlands and it's token and then we will have a more clear picture of the same.

What rather attracts me can be seen below.

Screenshot (240).png

Splinterlands is not listed on many exchanges and it still has to explore exchanges. I can not give any gaurantee that if it will list on more exchanges or if it will list on big exchanges but there is a good chance of that and the reason is quite simple , people are entering the P2E games build on blockchain.

Also you can see the stats for the sps and we can see sps was at the bottom this month itself.

Screenshot (243).png

The all time high was $1+ and the current price is far away from that mark. Sps will have to gain almost 18 times from it's current price to be there or cross that mark in future.

If sps can market itself to bring in more users and extend it's connections to more new exchanges then that is something we can see in future for sure.

In last one year here is the quick profit and loss to the people who invested in it.

Screenshot (241).png

Now before i end writing here , let me clear one thing out. I give no advice to anyone for investing in SPS and eveything in this blog is my personal opinion based on my research and analysis of sps blockchain.

It can be right , it can be wrong so make sure to DYOR ( Do your own research ) before investing in not only sps but any other crypto currency.

Thank You

Sort:  

Hello @kamranrkploy, splinterlands players are looking forward to the sps token, since, at some point I reached a dollar and there is a possibility that I can reach that price, taking into account that it is a sustainable game that has been on the market for several years in a very stable way.

Thanks for sharing your appreciation, have a great week.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 61949.37
ETH 2415.67
USDT 1.00
SBD 2.65