Waivio

Recommended Posts

SPS BNB

1 comment

white-cloud-inc24.032 months agoPeakD2 min read

https://files.peakd.com/file/peakd-hive/white-cloud-inc/Eo6SCG4V12KqqvfkmQMYHXiRcgctMdnzw9tobYSUrg8DQDfMK6hPEb4pHcrHNkoZpjR.png
If you held in the LP pair you would be down quite a bit on the year as well with the loss as i dont believe the fees earned came close to covering the decline but looks like there may be a bottom in but we will need to see what really matters here is how the team delivers on upcoming items and on how the company gets its marketing needs funded and a few other things if they all happen and we start to see new players come in and the ecosystem starts growing then the assets will start costing more and sps will be on the rise as will dec to a point until the peg which is when if it can stay at or around peg dec will make it profitable to burn sps for arbitrage which sets off the fly wheel for SPS appreciating the price as it will become deflationary more than inflationary at the times when dec is at or above peg. Those times will allow a lot of burning to take place if they can happen or even if we just get some new players to come in to the game even a thousand new players that are more serious players will massively boost the economy which will boost sps price as well. Also if sps starts to go up bc of a few things then confidence will come back to the token and ecosystem that the team can deliver on there promises and that will further boost the token price as i believe a lot of negative sentiment is priced into the market right now and probably to much.

Comments

Sort byBest
AI
Waivio AI Assistant
How can I help you today?