The total supply was minted few weeks ago and it was given to the DAO. The official website says the marketcap is 18 million dollars. This is a new development many people are unaware of. All 3 billion SPS has been minted.
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I didn't know it... It kinda makes sense to turn "totally scarce" in an alt bullrun this year... Well, but if you think rightly it will still be issued through the dao to keep same distribution tokenomics, or another token? Battles, brawls and so on...
It probably won't convey another chart display only by that... No idea.
Since they issued all supply and keeping same old price, like what MMT does, sps binance listing could only happen by now, if possible by any time...
There is no sell pressure coming from DAO. Supply and demand is what decide the short term price. Most people don't even know the full 3 billion SPS got minted.