- The price of Splintershards (SPS) has risen 111% within a week.
- The platform has conducted many tournaments recently.
- SPS has surged from $0.25 to $0.62 in 7 days.
Currently, the crypto market is down pulling the top cryptocurrencies towards a downtrend. But some tokens are performing well without getting trapped into the downtrend pattern. As we all know that the blockchain technology utilized by the platforms is driving investors’ attention.
Although the technology and advancements in the market are constant with new features and partners. Significantly, many cryptocurrency networks have grown within a few years by producing updates that attract users. Similarly, Splintershards is one such token that has reached up 111% within a week.
The Splinterlands team launched the Splintershards (SPS) token on July 26. Splinterlands is a blockchain-based digital collectible card game inspired by games such as Magic the Gathering and Hearthstone. In which, players build a collection of cards with various attributes and battle other players in skill-based matches.
Current Market Status
At the time of writing, the trading price of SPS is $0.58 with a trading volume of $15,358,477 in the past 24-hours. According to Coinmarketcap, the price value of SPS has jumped up to 111% within a week. Moreover, the current circulating supply of SPS is 145,687,559 coins and it holds 390th rank.
This chart depicts the bullish pattern for the past week. The price of SPS has soared from $0.25 to $0.61 within 7 days. Although, in the last 24-hours, SPS has climbed up 49.61% which still has 49% more to reach its ATH. The top exchanges to trade SPS are BKEX, Gate.io, LBank, PancakeSwap (V2), and AOFEX.
Reason Behind SPS Price Surge
SPS is a cryptocurrency governance token that is integrated into the Splinterlands game. It is to allow the player-base, asset-owners, and other stakeholders to elevate in decision-making and control over products. Considering recent updates, the platform has conducted many tournaments for gamers to earn while they play. The tournaments were both official and community-sponsored, so that has driven the attention of users which might have led to a price surge.
However, the price surge for the past week has given a sweet spot for the users. With the ongoing developments and updates, SPS has the potential to achieve a new all-time high soon. Besides, token holders expect more surges in price value in the upcoming days.
The post has appeared first on thenewscrypto.com