More Exchange Listing for SPS including Binance
Hello Friends
Hope you are fine and having a good time with your near and dear ones. Here in this post, I am talking about the SPS coin, which is a high-value coin. This is a high-value coin in the Crypto market because the game is in the growth phase, and we can expect the value to appreciate in the coming years. I believe that current value does not determine the value of any coin instead the use case and size of the community play an important role in the price determination.
There have been multiples now the community had shown an upgrade level of enthusiasm whereas things got sold out in very less time. Because the SPS is a governance coin so we can expect that team will be bringing a lot of use cases into the ecosystem whereas the community is going to enjoy all these initiatives. With such an initiative, the use case for SPS is going to increase and that is where we can expect more price appreciation.
While other factors are important, but we cannot ignore the exchange listing for any coin so if SPS gets more exchange listings then it is going to contribute to the increase of trading volume. This supposes the coin gets listed on the Binance exchange then it is going to bring a blast on the trading volume as well as the price in my opinion. we know that this is one of the biggest international exchanges where the volume is very high for most of the coins available on the platform. The same can happen with the SPS also if it is listed on the exchange because the community is big, and this will make things better for experience in terms of trading volume and price appreciation.
I am not sure if the SPS is eligible to get listed on the exchange as of now because we are in the bear market where the market cap is low. I have gone through the update for the exchange listing in the recent town hall and it shows that the company is somewhere working in the back end to get the coin listed on this bigger exchange. This is not the only exchange instead there are many more but for sure we cannot ignore the existence of Binance.
Splinterlands has got a bigger community which is also increasing day by day. We have seen the growth in the last Bull cycle and anticipate that this is going to be even there in the next cycle. We don't know when we are going to have the next bull cycle in the Crypto market. it can take a few years to happen but whenever it will happen, I am sure that this is going to be a bigger one as compared to what we have seen in the past. This also encourages more people to be part of the cryptocurrency market. It is always that once more people enter the market then they also bring more money inflow which is a reason to grow the market altogether and increased the market cap for various coins in the market.
Now seems a good time when can have more experience tokens in our wallet because the prices are low and you never know when we are going to see a spike in its value. It is unpredictable and nobody can do an exact prediction on the price but based on the overall growth and the development of the project we can surely expect something good to happen but that is going to be for the long term. This is not financial advice that I am sharing in this post but what I am sharing is mostly on my experience and what I have seen the community doing here on this platform. If you are someone who believes in gaming and also plays to earn segments in cryptocurrency and blockchain then for sure you need to explore what are the available options, you can find in the game ecosystem.
If you are not part of the game and want to join, then please join through my affiliate link-
https://splinterlands.com?ref=mukund123
Keep on playing the game and have fun.
(Images are taken from the splinterlands game website for this post purpose only and not my property)
Thank You
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