Reached 5500+ GLX Tokens And the Price Is Also Improving

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All the SPS holders are getting free GLX tokens and that is why they automatically get connected with the Genesis league token this is the major reason behind the giving airdrop because you will easily get an old audience by giving airdrop tokens. Although, users are getting more benefits here. I don't care current price because I am getting things cheap so instead of selling why not hold more?


GLX token is not going up because of the fewer use cases. We need more use cases and especially the game launch so that usability will increase and it will give the value that GLX tokens deserve. Game launch can increase the demand for the GLX and believe me it will be much more valuable than the current price. I am not saying it will reach $1 but at least improvement in the price than current price.


GLX is more important than the other assets in the game because this token is a governance token. Governance tokens play an important role in the decentralization of the game why because token holders can vote on the proposals before the change in the game and it will happen as a result come out. So before any change, community decision is important and this is where GLX is useful. The more tokens you holds, the more influence you will get. GLX token holding decides your power in the game. So there is no owner who can do anything it wants but the community will decide. This is the only reason SPS is the most important asset in Splinterlands and GLX is the most important token in the genesis league sports game. Accumulating both of the tokens is beneficial for the future because of the solid use case.


Current GLX Holding


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You can see currently I am holding 5592 GLX tokens and most of the tokens came from the airdrop and then the staking income and market purchase. I know it is not a big amount but slowly I am growing my stake and my target is to reach 15k glx tokens by the end of the year. In the previous week, I purchased around 500 glx tokens because the price was in the dip. It is good that my total glx valuation is now increased by $10. I am expecting further improvement. We have to wait for it.


GLX Price Is Going Up


I made a post when the price was $0.006 and I also said that after some time we will see little improvement in the price because that seemed like the bottom price and it was. congratulation to those who purchased at the bottom although the price is not much improved but we can see a slight jump in the price. It is now $0.008 but you know guys when you buy a good quantity then even small price improvement matters a lot. So if we see like this then the price is improved and it affects especially those who want to buy a big amount of GLX tokens.


GLX APR Is Going Down


It is obvious that when the demand will increase, APR will definitely go down. Little sad to say that APR is broken the 80% support level. Most people consider above 80% APR means an awesome return. Now when it is moving towards 50% APR then it will also consider a good return but not awesome. I believe that by the end of the year, it will remain 20% which is also considered as a good return. We don't need to worry about that because there are multiple opportunities that will be there for the GLX holders so keep on accumulating more GLX tokens for future benefits. GLX is the most powerful token in the genesis league and I am expecting good hype in genesis league as well but let's see what will happen because crypto is unexpected.


So guys this is not financial advice and I am not forcing anyone to invest in GLX so do your own research and then take a decision. Anyway, I hope you find this post helpful, What is your point of view on this information? let me know in the comment section also share this post with #play2earn and #splinterlands tags.


Lucky Ali


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185300304_441507187470261_6630906744872723300_n-removebg-preview.pngHi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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Yes yesterday I noticed the little pump in price which means there is hope for this token. Nice one keep accumulating

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