All Splinterlands Assets Are Going Down - Where is Cashflow to?
All Splinterlands assets are going down during bearish market on crypto.. There are lots of reason of going down that inflation of assets is one of them..
Inflation is main problem for price sustainability. Inflation injects sometimes on Splinterlands but when it is on bearish season, It makes problem on value of Splinterlands assets..
Here you can see governance asset of Splinterlands. SPS is governance token of the game and It is going down day by day. Players should try to hold and pick up this token but inflation is more than this demand...
It is 97% down from the top..
Here you can see the new game of Genesis League Sports governance token. It is normal to see this move at the beginning of inflation..
Chaos Card Packs value is going down also due to inflation..
One of major down is ''SPS Validator Node License''. I am very surprised to see down on USD pair. It is down more than 50%...
Where is cash flow going?
Lots of assets of Splinterlands are on sale. So, What are people buying with this money?