Despite High Inflation GLX token, price is so solid. It touched the bottom on 1st February for Hive/GLX pair and It is going up during 25 days..
High Infilation is big problem for price stability for the tokens. We experienced it on SPS price. But While SPS airdrop on going, we were still on bullish market.
While GLX airdrop started, we were the bottom of bearish season and now we are still in bearish season.
GLX price is up 70% from the bottom on Hive pair. Hive price is up 30% from this time. So, GLX is more bullish than Hive.
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Some Splinter players are trying to get position before full game release. Despite high inflation, GLX staking APR is going down slowly. It should be faster. We experienced it in SPS.
GLX staking APR is still over 100% and It seems 163% today.
I choosed to convert GLX to Hive during bearish season. I need liquid nowadays and I will buy GLX after airdrop. I am also waiting to see the release of game.
Solid GLX price is good for converters..