Splinterlands look like a sleeping giant to me, just because it is a micro-cap altcoin doesn't mean the team can't take this project to another level in near future, its why choosing good gems early is the way to better success in the crypto space I believe, buy what you can afford to lose.
It doesn't seems a good bet for me I do know that it can be a sleeping giant but you can also see that how many low cap tokens that have become failed project. I can mention you project like alice. This was also old play to earn game since axie was not yet popular but it's not even getting more popularity but lose more popularity due to the very bad game to be played.
In my opinion if SPS chart is also having the worst pattern and it's always going down down and down. How can you call this as a sleeping giant while the performance of token will always be following the performance of the team?