Splinterlands SPS keeps falling … Where is the bottom ?

in sps •  2 years ago 

Splinterlands Splintershards (SPS) keeps falling and falling and falling.

Where is the bottom ?

Does anyone have any idea ?

Is it headed to zero ?

Hard to believe we were once at .865 usd

Chart : https://www.coingecko.com/en/coins/splintershards

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  ·  2 years ago  ·   (edited)

They made a mistake changing the rewards to be so top heavy. Champion and Diamond players earn most of the SPS even though most of the players are in gold and lower. With an unbalanced distribution (and getting more unbalanced every day), it only takes a few weak hands to F up the price of the token.

  ·  2 years ago  ·  

Yeah. I guess it is going lower