So hello everyone how are you all hope so everyone is well and good so friends today i will be discussing about why i think SPS can go upto 1$ or more. Also i will be sharing my sps staking plan with you guys.
SPS:
We all know that the team has a lots of planning for the use of SPS which i believe will be disclosed slowly and gradually. As of now it is been used for buying exclusive packs and also people can stake them to earn good amount of staking rewards.
We all know that the price of the token almost touched 1$ few months back and with the change in trend the price falled which is the case with allmost all the alt coins.
Based on the historical data also 1$ is very much achievable but i believe with the proper amount of use case and bull run the price can even go upto 10$ which i believe.
Major Reason For Price Decline:
In my opinion the major reason is its airdrop as majority of the people sell it just like free money so till the time the airdrop is there it's just that it will be facing the selling pressure for sure.
Once the selling pressure is gone then surely the upward momentum can be seen for sure.
My Holding:
I have staked over 6500+ sps token which is quite great and i wish to accumulate around 50k sps token by the end of the airdrop period which i am sure is quite hard but surely ill try my best to achieve it.
Currently i am getting around 90 SPS every single day and with around 179 days of airdrop left i will be able to get 16k additional tokens which i will stake it all every single day.
So by the end of airdrop period i will have somewhere around 23k sps tokens for sure but as i have a target of 50k so for additional 27k i need to work hard and try bringing more funds in order to meet up my target.
With 50k sps in Staking and 35% APY i will be making somewhere around 48 sps per day which is quite impressive for sure.
So what are your plan guys for the SPS staking do let me know guys in the comments section.
My Refral link: https://splinterlands.com?ref=sumit71428
Thanks friends have a great day ahead.