Buying $SHARD token - check current supply & demand - My Plan for $SHARD token...

in LeoFinancelast year

Hey All,

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I am sure by now you all would have heard about this new game on HIVE blockchain going by Golem Overload. If not then I would recommend to visit the game website to a get sense about the game and its associated tokens which are $PART and $SHARD. I joined the party a bit late where $PART token has already skyrocketed and is trading for above 2+ $HIVE but with $SHARD we are yet to see its full potential and I strongly believe that it still has a lot of potential to 2x from here. Currently, $SHARD is trading for 1.2+ $HIVE and seems to be a good buy. But please note that this is not a financial advice and invest at your own risk. Lets have a look at some numbers associated to the active players and new users joining the game.

Golem Overload Players Stats...

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Following is the graph picked up the game and as you can see the game currently has around 8.5K+ players and as of today we already saw close to 280+ new players joined in. In order to play the game you will need to shed 30 $HIVE and if you join through my referral link I will get 2 $HIVE and I'll refund you back 1 $HIVE. Now coming to the interesting part as to - why I am collecting $SHARD?

Bought $SHARD & My Plan Ahead...

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I had place bid for 100+ $SHARD and all got executed and the same can be depicted from the above image taken from Hive-engine. My average price for buying $SHARD is somewhere around 1.2+ $HIVE for a $SHARD token. I talk about the game Golem Overload in my next post but for now I'll list down some of my reasons to buying $SHARD and my strategy for it. Just have a look at where it says Golem Crates - Coming soon and this all has to do with $SHARD only

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As of today, $SHARD (Ancient Shard) has a circulating supply of only 68K+ tokens and there is no founder or pre-minted $SHARD. Hence all the $SHARD that comes into existence will be via the players claiming their $PART tokens.

Pre-minted / founder's share: None!
Supply / faucets: The supply of $SHARD tokens in Golem Overlord is inflationary. $SHARD is printed every day as players make Claims. The circulating supply is influenced by the balance of game faucets, sinks, and staking.

To know more about $SHARD and its to Tokenomics - check the Golem Overload whitepaper - Here Ideally $SHARD token is going to be used to generate NFTs (right now this has not been implement), and the token can also be used in guilds. Right now I have already bought closed to 209+ $SHARD tokens as I'm converting all my daily $PART token claims for $SHARD. The plan ahead to continue buying $SHARD where its trading in the range of 1.2+ $HIVE or even lower. I am looking for 500+ $SHARD tokens here. As soon as the Golem crates are out we will definitely observe the demand for $SHARD even go higher, hence this is the right time to buy in some $SHARD before its too late. For now I will just HODL onto all the $SHARD and wait for the right opportunity to strike and take some advantage here... cheers

Have Your Say...on $SHARD and Golem Overload?

Did you hear about this new game Golem Overload? And the tokens $PART and $SHARD associated to it? What's' your strategy looking like for $SHARD? Let me know in the comment section below...

Buying $SHARD token - check current supply & demand - My Plan for $SHARD token...

#shard #part #golem #golemoverload #hivegames #tokens

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Image Courtesy:: hive-enigne, golem overload

Best Regards

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How long do you think the uptake of 'new users' will continue before the prices starts to drop significantly, seems there's a few of these 'idle miners' around now, all with the same idea. I cant imagine there's much long term chance of the prices increasing, even with new users. This would further lead to dilution surely?