In less than a week the new Conclave set is released but demand for it is already high. We can see it base on SPS prices. The demand of SPS is so high that the token pretty much doubled in price in less than a couple of weeks. Can the price increase continue and hold even when Conclave sales ends?
In terms of SPS to Hive it has gone three folds from its lows just a few months back. It is tempting for me to want to swap some SPS for Hive and build out my HP, but with the trend continuing to go up I am willing to hold out for a bit longer and see if prices can continue to rise.
Even with the SPS rise if we look at a year chart from Splintercards it is clear that SPS is mostly flat for the whole year. Of course it would have been great for those who had been accumulating SPS in the year as now those SPS have risen in value. Still remains to be seen if SPS can hold up in value and continue it's climb back to all time highs.
All time highs for SPS is about 99% from where it is today. Talk about massive drawdowns this is really brutal. Still I look forward to seeing the hype for SPS to continue and potential run back up to where its high was almost five years ago.
Until next time thanks for reading!!!
I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:
If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!
THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!
Posted Using INLEO