Splinterlands deflationary token SPS is doing great

I have a couple of observations that could help you understand how Splinterlands deflationary token Splintershards will move in the future.

• SPS (Splintershards) is only deflationary in the sense that at some point in the future, in about 62-65 months or so, all 3 billion will be in the market, and by then - just like Bitcoin - there will never be any more.
• This also means that SPS can act very inflationary for years to come. Economics is not a simple matter.
• SPS is - and more importantly, will be - needed for people that play Splinterlands, and SPS is - and will be - used in and by the game.
• SPS has a rather volatile nature for a couple of reasons:

1. SPS is pouring out on the market by different channels (DEV team, early investors, in-game players)
2. SPS still has a lot of new integrations in-game to come, so narrow use case so far.

The most probable reason for SPS to be so volatile is probably the small/shallow market. Let me explain:

1. The SPS token is nowhere near being distributed yet, so the market is way smaller (shallower?) than it will be in the future.
2. A lot of SPS is being tied up in-game as players get a bigger piece of the distribution cake by staking, a process that for all intents and purposes helps in keeping the token off the market.
3. Splinterlands and Splintershards are experiencing an exponential network-affected game economy. That is just crying out "Volatility".

So my biggest take on this token is:
• Splintershards will ultimately go up - by a lot.
• Splintershards will be very volatile in the early years (not just months) - as we can see on the charts.

The chart for the last month, excluding the unimportant first introductory days where the market just needed to work itself to equilibrium, is showing us a steadily growing channel of higher lows and higher highs.

And within that single month, the token went up - and down again - 50-100% no less than four times. Now that's what I call a swing trade opportunity. And a day-trade opportunity as well.

Yet all my SPS are staked in-game instead... Each to his or her own, I suppose.

For new players:
If by any chance you haven't tried Splinterlands yet, please do go and use my Splinterlands referral link. It's free for you and beneficial for me 🙏 Oh, and you risk making SPS (Splintershards) that sells for fiat money on exchanges, if not directly then at least via other cryptocurrencies.