Unveiling the Hidden Gem: Splinterlands SPS Token

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In the midst of a general crypto correction, where the value of every token seems to be taking a dip, it's natural to question where to invest and which altcoins hold the most promise. The frenzy surrounding meme altcoins, akin to a wild casino ride, might catch the eye with their promises of astronomical returns, but they come hand in hand with sky-high risks. Today, I want to bring to your attention something with substance and potential for exponential growth: the Splinterlands SPS token.

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Now, before diving into the nitty-gritty, let's glance at some numbers. At present, SPS boasts a circulation of 43% of its maximum token supply, translating to approximately 1.23 billion circulating tokens for the total current market cap of 26.5 Million out of a potential 2.88 billion. With a fully diluted value (FDV) of $58.6 million in total market capitalization, Splinterlands SPS stands as a really small market cap coin in the gaming altcoin arena.

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Comparing SPS to other top gaming altcoins, the disparity in market caps is striking. AXS, PRIME, PIXEL, BIGTIME, ILV, and GALA, all flaunt significantly higher market caps, ranging from $1 billion to $3.4 billion, making them 20-60 times more "expensive" than SPS. But here's the kicker: are they more likely to witness another 10-50x surge compared to Splinterlands?

For example PIXEL token has only 15% of their eventual token supply in circulation and is valued at $3.3 Billion Dollars!

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Prime token has 23% of tokens in circulation and has a fully diluted valuation of $2.7 Billion:

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One of Splinterlands' key distinguishing factors lies in its unique concept of the "Flywheel." Unlike other tokens, where the burning mechanism might be bidirectional, in the Splinterlands ecosystem, SPS tokens are burnt to acquire DEC tokens for in-game purchases. This unidirectional flow ensures a controlled ecosystem, preventing scenarios like the crash of LUNA tokens. As the demand for Splinterlands products grows, so does the effectiveness of this flywheel mechanism. Already, close to 60 million SPS tokens have been burned for DEC, accounting for 2% of the maximum SPS supply. And with a burning rate of over 1 million SPS tokens per week, the potential for a major supply crunch leading to an exponential rise in SPS token price is palpable.

But what about demand catalysts? Splinterlands has a plethora of upcoming developments poised to drive demand for SPS and DEC. From Rebellion summoner airdrops to the release of Soulkeep for tower defense games and the introduction of Arcade Colony airdrops for SPS stakers, the roadmap is brimming with exciting prospects. Add to that gameplay improvements, enhanced user onboarding, and the promise of partner games like SplinterRoyale, and you have a recipe for sustained growth.

Yet, amidst all this promise, one thing stands out: the lack of marketing and hype surrounding the SPS token. While the team has excelled in tokenomics and gameplay, there's room for improvement in generating hype. Bridging to the Solana chain, exploring AI-based offshoots, or even leveraging meme coins like Push and Shove token could catapult SPS into the limelight.

In conclusion, Splinterlands SPS token might just be the best-kept secret in the crypto gaming realm. As the ecosystem matures and demand surges, early adopters stand to reap substantial rewards. However, let me reiterate: none of this constitutes financial advice. Always conduct your own research before diving into any investment opportunity.

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So, what am I doing? I'm seizing this perfect opportunity to accumulate SPS tokens while they're still flying under the radar. Join me on this journey, and let's unlock the full potential of Splinterlands together.

Happy investing!



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3 comments
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Thanks for sharing! - @lenonmc21

Good analysis, the truth is that I also think it is a good opportunity to buy the SPS cheap, it has very good basis as well as usefulness, good analysis. Although I recommend you to be more careful with the format you share, the information is very good, but how you present it also matters.

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