Splinterlands airdrop is running on fumes as it approaches completion with fast steps. We are in the airdrop day 342 out of 365, which means that we will have just 23 days remaining to be rewarded with Splintershards (SPS) governance tokens based on the held assets. And as we like prediction or we can give some, it is normal to think that Splintershards (SPS) price is poised to rise once the airdrop is finished. So let's see what you are thinking or predicting on that and open a discussion on what could come out of this in the future.
Is Splintershards (SPS) price poised to rise once airdrop finishes?
- Yes, of course, it will start mooning even during this bear market
- No way as there are still many tokens out there and we are also in a bear market
- I am clueless as the Splinterlands tokenomics are quite complex to predict anything
- It depends upon other factors and some might be ...
- None of the above, but a new possibility that I am thinking about
I think that the tokenomics dynamics will change once we reach the completion of the airdrop as the players that would sell recurrently will probably not be on the market anymore. The holders (like me) will simply hold and accumulate more which might offer more stability over the token and even improve its value. And there are investors which might start buying at this level of a cheap price considering the roadmap and the developments that the game provides. Nevertheless, what happens I think we are all involved in one way or the other in a great and serious project which should provide confidence for the Splinterlands game future.
Come join the good fight in Splinterlands!
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Hi @behiver
Very good point you have picked up in this post and being a splinterlands player and investor, I also expect that SPS price will rise post end of airdrop.
I share the same thought and once those sellers will be out then prices are expected to rise. I don't know how much but its likely to happen.
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We can only think of what the outcome will be, but as there are many variables around we just need to wait and see.
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I think it will depend on what the end utility will be. It is has nothing that interests the 'normal' user...why to buy?
You have the node you cabine buy with sps ofcourse. Regardless. It was a year of making a nice buck with it
Governance is quite important and above it, SPS holders will get more benefits and prime places for game features. That should be an incentive to want to HODL more.
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For the fanatics surely! But the casual player like myself the incentive is lower, but we shall see. Holding the leftover SPS here to see what happens!
I think after the end of the airdrop, some people might just want to sell some SPS, cashing out a little bit on the gains they've accumulated for like one year. The incentive to hold it will be many, so I'll expect the price of SPS to gradually take off and nothing spectacular.
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Well, I think the price is quite low for selling, but who knows, everyone values SPS more or less.
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Of course it's low, I just think a few people will cash out despite it being low.
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Personally, I don't think the airdrop will push the price. A lot of people will be dumping their SPS for sure and I will buy them more to stack. SPS is a long-term crypto investment and it will be much more valuable in the upcoming years. A $1 from here has the power to change your life.
As much as I don't think the price will pick up immediately, I believe price will stabilise a bit. Chances are Majority of people still holding till now will continue to hold for longer. Airdrop ending will help in controlling inflation to an extent.
My selling behaviour isn't going to change when the airdrop ends because I'm actually earning more from the 34.58% APR on staked SPS than I am from the airdrop itself...
The bottom line is that until there is a use-case giving people a reason to buy the endless supply being dumped, price will continue grinding to zero.
When it comes to SPS, the ball is entirely in the team's court.
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I have a feeling a lot of people will start selling (since there's no "free ride" anymore) which will probably dirve the price down.
Some of those in the know will point to "the importance of governance" but I have to wonder how many regular folks actually care about governance.
So my vote is for a price decline, even though SPS is already down from $0.22 at the start of the year to about $0.05 now.
=^..^=
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I pick number 2. There will be people slowly offloading their SPS and I think it will take some time for things to settle.
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I think it certainly could go up once the scarcity kicks in but I don’t think it will go up much until Riftwatchers where people need it to buy the packs. I was hoping to get more SPS while the Riftwatchers set came out but I think it’s a better idea to release it after the airdrop is over.
One thing I’m hoping of is that the interest keeps accruing on the staked SPS that we’ve got! That would make the whole thing worth it for me.
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Thanks for sharing! - @alokkumar121
SPS is undervalued these days and its price likely to grow in long term and probably after the airdrop
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