Splinterland's : DEC going under peg now, look like perfect time to buy DEC ?
Splinterland's : DEC going under peg now, look like perfect time to buy DEC ?
I never thought that DEC can go under the peg even before the Splinterland's SPS airdrop completes but look like uncertainty and bear market bought DEC also into the crash.
Actually in this bear market when everything is going down then 5% below peg DEC is not making much more sense but if you are an avid player and interested in buying the CHAOS pack for Legendary CHAOS summoner drop then this DEC price start making sense.
When I checked the Splinterland's market , it is almost 500K+ packs need to be sold before the Legendary Summoner can be airdropped. I guess it will take some time to reach the point but you never know that how fast it will be start selling.
Will it boost the Splinterland's CHAOS pack sale.
I feel if DEC go below the peg and remain below the peg then it can create a continuous demand for the DEC to be used to buy the discounted packs and it really drive the pack sales and create the demand of DEC and making DEC to reach the peg,
On the contrary, I feel cheap packs might fill the market with more cards and it will give option to everyone to get the cards that in turn might impact the rental market prices.
Is SPS all good?
Even SPS is also trading at their lowest price and look it is also hit by bear market and it will become really interesting to see how the SPS chart will start looking at the end of airdrop.
What to do with DEC
In my case , I have 3 options.
- Convert DEC to SPS
- Sell DEC for Hive
- Keep DEC for SPS airdrop and packs.
At current scenario I am going for option1 as SPS price is also low
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I am thinking of buying DEC. It is a good time btw. Thanks for the info.
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Yeah it will help you in getting SPS airdrop and in the end you can used for buying CHAOS packs.
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That's a good buying opportunity. I should stack up on some DEC. I have many cheaper cards that I can sell. To get DEC for HODL. I bought SPS but even they are losing value !
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Things might look different for SPS in the future especially after the drop is over.
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I will never suggest to sell cards for DEC. Card are much more valuable.
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I will start spend or converting DEC for SPS after the airdrop, SPS does look enticing to buy the dip now.
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Yeah SPS at current price is looking attractive.
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I pick up some few hours ago
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I read yesterday that they will reintroduce the possibility to buy packs with DEC. This is actually great news and I believe that will give more stability to DEC again. In my opinion prices of packs and cards will go down a little bit but then things should balance out... Nothing is for sure though ;-)
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Thanks for curating Achim,
DEC now again get above peg. Market is really volatile.
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I am more in line with number 3 but I will keep the DEC and buy cards for the rental market. At least I believe the rental market gives you the most profit.
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Rental market is actually good but when packs in Hive Engine got more cheaper, then may be more player start buying the packs/card.
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