[09/05/2024] - SPS to the MOON? The 500 Million Token Burn Plan that Could Change Everything!

in #lk • 2 months ago

- - - - [09/05/2024] - SPS to the MOON? The 500 Million Token Burn Plan that Could Change Everything! - - - - - -

Splinterlands Market Analysis Image

Key Points:

  • Supply Reduction Goal: Plan to reduce the SPS circulating supply to 1 billion tokens (currently 500 million).
  • 500M SPS Burn Impact: Burning 500M SPS at 1 cent could mint 5 billion DEC, funding 1.25 million packs.
  • Pack Sales & Sets: Rebellion set + mini-sets could push 2.5M pack sales at 4,000 DEC per pack.
  • Market Growth Potential: SPS could reach 50 cents to $1, raising the market cap to $500M-$1B (from current $10M).
  • Challenges: Burning 500M SPS may increase token prices beyond 1 cent, complicating the process.

"Can SPS really skyrocket with this burn? Will this be the biggest move in Splinterlands' history? Share your thoughts below!"

#splinterland #splinterlands #crypto #update #spt
2 months ago in #lk by
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