SPS
Fundamental Analysis
Introduce
Splinterlands is a blockchain trading card game which allows gamers to play anytime, trade anytime, and earn every win. Splinterlands (SPS) is a new cryptocurrency governance token which will be integrated into the Splinterlands game in order to provide increasing levels of decision-making ability and control over the product to the player-base, asset owners, and other stakeholders.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SPS | Market Cap | 3862903.472 |
| Name | Splinterlands | White Paper | -- |
| Web Site | https://splinterlands.com | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 3000000000 | |
| Supply | 3000000000 | Release Date | 2021-07-27 |
| Available Supply | 489719000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.008009 | 0.008381 | 0.007389 | 0.007888 | 8469.1078731 |
| 2024-12-30 | 0.00828 | 0.010084 | 0.007103 | 0.008127 | 27080.8475704 |
| 2024-12-29 | 0.007862 | 0.008724 | 0.007704 | 0.008271 | 10934.3282735 |
| 2024-12-28 | 0.007792 | 0.008379 | 0.007579 | 0.007646 | 1646.3185399 |
| 2024-12-27 | 0.007931 | 0.00878 | 0.007696 | 0.007792 | 3245.5171866 |
| 2024-12-26 | 0.008466 | 0.008959 | 0.007508 | 0.00801 | 1325.4465953 |
| 2024-12-25 | 0.008811 | 0.008959 | 0.008333 | 0.008441 | 1047.4142093 |
| 2024-12-24 | 0.009288 | 0.009475 | 0.008585 | 0.008932 | 3340.8148191 |
| 2024-12-23 | 0.008974 | 0.009687 | 0.008464 | 0.009288 | 24915.6856619 |
| 2024-12-22 | 0.007569 | 0.009693 | 0.007267 | 0.008632 | 63759.9038827 |
| 2024-12-21 | 0.007528 | 0.008073 | 0.00682 | 0.007607 | 4516.9790224 |
| 2024-12-20 | 0.007581 | 0.008092 | 0.006818 | 0.007544 | 6482.6621132 |
| 2024-12-19 | 0.00826 | 0.008463 | 0.007434 | 0.007502 | 5126.8836282 |
| 2024-12-18 | 0.008715 | 0.008823 | 0.0081 | 0.00826 | 2083.5726639 |
| 2024-12-17 | 0.009006 | 0.009546 | 0.0088 | 0.0088 | 899.0402019 |
| 2024-12-16 | 0.009261 | 0.009432 | 0.008801 | 0.008872 | 2805.7175058 |
| 2024-12-15 | 0.009456 | 0.010084 | 0.008937 | 0.009316 | 16180.6366208 |
| 2024-12-14 | 0.009744 | 0.011971 | 0.009443 | 0.009722 | 37980.0267711 |
| 2024-12-13 | 0.009585 | 0.010239 | 0.009113 | 0.009719 | 3711.1464993 |
| 2024-12-12 | 0.00965 | 0.010224 | 0.00924 | 0.009601 | 5972.0780138 |
| 2024-12-11 | 0.009401 | 0.010289 | 0.009172 | 0.010227 | 5120.6497038 |
| 2024-12-10 | 0.010505 | 0.010616 | 0.009008 | 0.009404 | 3575.5073456 |
| 2024-12-09 | 0.01064 | 0.011108 | 0.009897 | 0.010348 | 3841.0542422 |
| 2024-12-08 | 0.010332 | 0.010884 | 0.010293 | 0.010639 | 2582.8479647 |
| 2024-12-07 | 0.010043 | 0.01086 | 0.009966 | 0.010145 | 1061.0225523 |
| 2024-12-06 | 0.010114 | 0.011001 | 0.009736 | 0.010329 | 1272.8884004 |
| 2024-12-05 | 0.010369 | 0.010575 | 0.009923 | 0.010057 | 1967.9711418 |
| 2024-12-04 | 0.010395 | 0.010998 | 0.010041 | 0.010382 | 3664.6025379 |
| 2024-12-03 | 0.009799 | 0.01078 | 0.008868 | 0.010209 | 3963.8281794 |
| 2024-12-02 | 0.010048 | 0.010598 | 0.009566 | 0.009797 | 527.9610479 |
Analysis
The analyzed period shows a generally downward trend with significant volatility. Initial price started relatively high, experiencing a sharp decline followed by an attempt to rebound. Towards the later part of the period, prices stabilized within a narrower range with reduced volume indicating a lack of strong directional conviction. The market shows a potential to fluctuate based on sporadic volume surges, however, the overall trend suggests downward pressure. There are notable instances of large volume spikes accompanied by price reversals, suggesting sensitivity to strong trading actions. The end of the period displays a consolidation phase that could precede either a breakout or a further breakdown. A bearish bias is noted for the recent price activity with the lowest price point occurring on December 21. Volume analysis shows sporadic trading activity without a continuous pattern, however it does show more participation when prices drop. Prices were trending upwards during the middle of the time frame but ultimately failed to hold and lost all gains at the very end. A strong downtrend is present at the very beginning with a price recovery mid way through the period followed by a sharp drop-off and end with a consolidation phase. The market could be in a re-accumulation period as buyers and sellers adjust their price preferences. The large daily price gaps in some instances are indicative of high speculation, while the narrower movements show a struggle to determine an equilibrium. Further analysis with indicators and more extended historical data would be required to confirm these short-term biases.
