Hello CryptoFans...
#Splinterlands is getting close to the end of the SPS airdrop, and as we all know, Dark Energy Crystals (DEC) has been a way to obtain airdrop points, and that made the price of DEC skyrocket in the beginning, and for more than six months during the airdrop.
As far as I know, Splinterlands has pegged the price of 1000 DEC to be $1 in-game. 1000 DEC peaked at around $20 some time ago, which was, of course an absurd over-price. Just as expected, DEC has declined gradually within the last couple of months. It has actually declined so much, that the $1 peg has been broken. As I am wrting this, you can buy 1000 DEC for a price a around 57 cents...
Screenshot from Tribaldex..My question is, now that we all know that Splinterlands has pegged the price, will the price...eventually...come back to an area around the peg, just as before the airdrop?? Does it make sense to buy a lot of DEC at this point, and just save it for later??
Well, I'm planning to be buying more as long as the price is where it is now, and I'm expecting another dump, or at least temporarily lower prices as we get closer to the end of the airdrop...I'm placing a bet that there will be new use-cases for DEC in the future, and that the price will correct back up, at least to an area around the peg...
What do you think, is this a crazy idea, or could this be an easy double???
Well, that was what i wanted to share with you today... Hope that you enjoyed...
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Can anyone who doesn't play the game buy DEC too? What benefits will it bring to the user in question?
I hope the peg holds up as you guys continue in this journey though. And I am loving the fact that regardless of the price, you are committed to accumulations.
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Everyone can buy and sell DEC. You can buy it at HE, Tribaldex and Leodex. It's an in-game currency, but you are able to buy and hold as an investment if you want to.
Thank you for your reply😀
Oh ohk. I guess if I am buying it will be for the purpose of hodling since I am not a gamer at the moment.
Just like any other crypto token, you have to do your own due dilligence...But right now, as I see it, you are able to buy DEC at a premium discount...I'm buying more, hoping it will return to the peg...That is close to double on the investment...Thanks for your reply😁
Haha.. I agree. I do need to do my own research before I buy anything.
What was the original peg if I may ask?
And thank you too
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1000 DEC = $1😀
I have no idea, but I think that the price will remain low for a while
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Looks like a gamble that could be worth it☺️
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