Auction Boom?

in voilk •  14 hours ago



    I am surprised how much hype the auction is doing on its first day. In less than six hours the first winner will be announced. The highest bid is already worth over $1000 if we consider DEC peg.

    The bidding was jacked up when within a couple hours from 300k to 1mil. Exciting to see the demand so robust I now wonder if there are truly demand for the cards. All in a good way. In terms of how much Dec is being locked up in this auction there seems to be good signs liquidity for DEC is capped making its value rise.

    Over on splinter cards there are neat data points as to how DEC holdings are split and how much are in circulation. Trend of supply remains down making the token more scarce. Meanwhile price of token continues to hold up. All in all I think the auctions are having an effect on DEC supply and in turn price rise of the token. Only thing now is to see how this auction ends.

    Until next time thanks for reading!!!



    If you want to play splinterlands then SignUp Here

    I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:

    mawit07 rentals

    If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!


    THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!


      Authors get paid when people like you upvote their post.
      If you enjoyed what you read here, create your account today and start earning FREE VOILK!