Cyclical low behind us?
Since the All Time Low of 1.2 Cents we saw in October, the SPS token recovered quite a bit. We are up about +60% since then and are trading at almost 2 Cents.
Question is: Have we seen the cyclical low finally? It could well be but we have a long way to go if we want to reach the old ATHs at around 80-90 Cents. Am not sure if we even saw 1$ back in 2021.
Fact is: The market cap of SPS is nowadays tiny and a bit of demand could lead to big upside. All SPS are worth only 22 million dollar currently, which is #664 of the Top crypto list.
My position is small, less than 10k token but I am still holding it in my Splinterlands account. Am sure it will recover further. Not sure though how far.
Do you believe in a Comeback of SPS? Would you stack on current price levels?
