Splinterlands - DEC depeg in 2022


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Everyone invested in cryptocurrency is likely watching the Luna/UST fiasco but who would have thought when all this activity and hype in Splinterlands that DEC price which is pegged to $0.001 each has gone from an all time high of close 20x down to below $0.001 in a matter of a year?

DEC will it rise to peg again?

I believe the main FUD in crypto markets is what is weighing down on the price of DEC.

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There are close to 650k holders of DEC and not including those who own DEC but have not made an in game account. With a staggering 4.3 billion of DEC being held from all the holders.

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Not more than a year ago was DEC riding high but current slump in price has gone down long before the current FUD in the crypto space.

I for one think this will be short lived and at the very least DEC will rise back to peg value. The token is necessary as it is in game currency.

This is different from the likes of stable coin UST or Luna. Bottom line is diamond hands on your DEC as a Splinterlands player. There is still daily SPS air drop for holding DEC. Meanwhile low DEC price gives way to cheaper upgrades in guilds. This is a long term investment to purchase guild upgrades.

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So what are you doing with the DEC you hold? Do you spend it or keep holding?

Until next time thanks for reading!!!


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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:

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THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!




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4 comments
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I never thought about how DEC is related to the number of members in a Guild. I think you are right, the low price of DEC, now below the peg, is a very good reason to start or expand a Guild.

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Holding through the airdrop and then spending it on more cards

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I was going to buy a card for $1.80. DEC was 2000 so I decided not to purchase it. My DEC better stacking it now. Because the difference is massive !

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I still think I will be buying cards for the rental market. Renting them out at least gets me back some DEC over time and it should pay for itself.

Posted Using LeoFinance Beta

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