SPS Prices Soaring?

in Splinterlands4 days ago



As of last week the total market cap of SPS has went over that of DEC. This has not happen in the year as snapshot of token prices illustrated. On top of all this is the new Conclave card set about to arrive in the days ahead.

In prior set Rebellion proceeds from pack sales were shared with DAO. It appears Conclave may follow the same profit sharing. In Rebellion it help boost SPS prices temporarily. One can imagine it will do the same now with Conclave.

On a longer timeframe the price of SPS is far from its all time high. Yet here we are with another card set edition soon to arrive and demand seems to be high for this set.

Official post regarding Conclave here:
https://ecency.com/hive-13323/@splinterlands/introducing-conclave-arcana

Short summary there are new foils and new features of cards called bloodline. This will separate cards into specific categories that in turn benefit same categories of cards.

The key part with cards is that only 500k regular packs will be on sale and 100k gold foil and 50k legendary foil card packs ever to be sold. On the flip side common + rare starter packs will continue until the set no longer stays on sale, which estimate will be around a year, and the cost of a starter pack is $1.

My thought is if I at least max common and rare of the new set it would lead me into a better chance of competing in the modern league. For now I will continue watching and learning from others to see what moves I can make.

I have gotten five of my plots now sold and a decent amount of DEC ready to deploy when Conclave begins sale at April 22nd. As I had mentioned in past post I am intestinally trying to finish building a Chaos set so at the very least be competitive in Wild, hopefully. I may change course and focus on the cheaper common and rares if it is all feasible in this Conclave set.

Until next time thanks for reading!!!



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I think I might get in on some of the starter packs, but I find myself leaning more towards buying individual cards rather than the packs. SPS going up is nice though.

back to all time high would be nice. if all time high i can buy some packs