I don't like to use the superlative case if I can help it. These days the hype is too high at all corners of life where everything is somehow "The Best" ever. I prefer not to hype things as if there are no better things. We don't need something to be the best and the greatest to benefit greatly from it. Any cryptocurrency that can 100X can have massive consequences for the life of an investor if they had a sizable position in the trade. This is true regardless of there being another investment that went up 1000X.

I do not want to arouse investor to attempt to time a market top or a market bottom. It takes too much attempt and the success rate is going to be very low. What we can do is to try and be close to the top and bottom (including local tops and bottoms) while figuring out which projects have strong fundamentals. This alone can lead to massive returns that any investor can be happy about. Missing out on an even bigger trade could be treated as another learning opportunity.

Would You Feel Bad About This Trade?

The correct answer that there isn't enough information to even make up the mind about. Context is extremely important when it comes to most things in life; including trading and investing. What you are looking at is the price chart for SPS over the past 24 hours. This is some historical data about SPS price:

Being able to 2X your investment over the course of 5 months is a incredible when compared to the returns provided by the traditional financial instruments. HedgeFollow ranks the world's top hedge funds and these are the returns they have provided. Take a look at the annualized returns when you are going through the screenshot.

Bigger Returns Come from Small Projects

It does not even matter if the said investment is a part of cryptosphere or something outside of it. Smaller marketscaps are more likely to offer large gains compared to the already well known blue chip projects. Due to the risks involved, it is best to focus on projects that are somewhat outside of the Degen zone. One of the best examples for this is SPS.

• The project has over 5 years of history.
• @splinterlands is one of the top blockchain games at the moment.
• There is mainstream coverage with Killer Whales series.
• There are other projects such as @gls.goals and @arcadecolony developed by the Invennium subsidiary.
• SPS is listed on Crypto.com (9th largest CEX).

These are all good fundamentals of an underrated project. There are staking rewards given to those who are ready to lock up their SPS for 4 weeks. If SPS reach its All Time Highs; we are looking at a 40X of current price. Such things are not unheard of despite a growing supply.

5 Year Long Airdrop is Coming!

I would love to know of another project that has such a long Airdrop schedule. Take note that 5 years is virtually guaranteed to involve a bear market where cryptocurrency can fall 80% or 90% or even more than 99% as we have seen with projects such as $CUB and $POLYCUB. Having an additional Airdrop can inventivize more investors to HODL and earn passive rewards without working hard to be profitable via day trading.

https://twitter.com/Aggroed001/status/1761454336222142803

https://twitter.com/arcadecolony/status/1757876896556069364

These are footage of the first game that is going to be a part of @arcadecolony. This is not an overly simple game that is easy to create. There is a deterministic physics engine for the game where players can download a file and check if the gameplay results they got were valid. I do not know how these features will work out in the final release or whether they would be available at launch. What I know is that the game seems to be far better than Genesis League Goals which I am not currently playing due to some performance issues I have had.

Top NFT Collections by Trading Volume

The prices are in $ETH and the above list is taken from OpenSea. To get a better understanding, I ventured into CoinMarketCap and the numbers I managed to find were not that amazing compared to the hayday of NFTs hype.

@splinterlands is doing great in terms of the asset owners and the amount of trades happening. At the same time the daily volume of the value of transactions are not that great. @peakmonsters only offer the statistics for 7 days or longer. Divide the following numbers by 7 for daily statistics.

Marketing + Onboarding is Getting Fixed

These are the two main things that were holding back @splinterlands and all the other affiliated projects from succeeding. We have very little recognition from around the world. Killer Whales will definitely be a part of that change. Go to Dashboard in @peakmonsters and notice the spike around the time Killer Whales episode 3 was released. @aggroed did a great job based on the material I saw. Apple TV+ users will be exposed to @splinterlands after the 11th of March.

There are new changes coming for gameplay and new player experience. We already have over 5 years of development to keep the players in once they get accustomed to the game. I started writing this article because of this article from @leofinance. I did not manage to think of a Token that I think would be the "Top". I don't consider myself to have enough information or analytical capabilities to nail that answer.

The best I could do is think about the question and explain the thought process. I have seen parts of my portfolio perform wildly better and worse than my expectations. The best I could do is to understand the fundamentals behind projects and manage my portfolio accordingly. Over the years, @splinterlands assets have grown to make up the majority of my portfolio. It has been the best performing investment for me before. If things work out great, that experience will be repeated.

Happy Gaming! Happy Investing!

Posted Using InLeo Alpha