My Thoughts On Current Asset Prices in SPL?
If I said I was excited to see all time lows for Chaos cards it would be half truth. The current market for legacy cards are just in at a low point and I don’t think there can be any change to that. The benefits and utilizations for legacy cards just seem to lack enough of value to hold asset prices.
The price of DEC is also in a runt as it’s off it’s peg but more than 25%. It is not at it’s all time lows but no where close to its peg value. The asset prices dropping is partly due to value of DEC. If DEC was to rise then that would boost asset prices.
Earlier when I said I was only half enthusiastic about Chaos prices it’s because I am not liking my collection prices. It’s now under $8k in total and continues to see it falling. It’s worth noting I am adding to my soul bound collection which does not add to total $ value. Still it’s a gain in my books as I continue to add more cards into my collection.
I have play the game close to its inception in 2019. It is not easy holding out during the low points but there was some really good highs in the 2020 crypto market boom. This can still happen but for now we will have to wait for next high.
There is not a better time than now to be adding especially Chaos as prices have not been this low in terms of $. There use is still decent as one can play in modern league. The cards are also competitive against legacy cards. The whole complex of cards are lower in price and an idea time to accumulate more. Like the old saying goes buy low and sell high.
Until next time thanks for reading!!!
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I'm taking advantage to level up my chaos legion summoners. Most of my non-reward summoners are level 1/2, so its nice to get some up to level 3 and take advantage of my higher level cards.
Can you please give me a brief explanation on what legacy cards are?
Legacy cards are Old edition cards like alpha, beta and untamed.
The prices falling is tough to see but I don't see any way around it unless Splinterlands can get more new players and keep them around. I just don't think the changes lately has really helped much in that regard.
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Greetings,
Price is at the best ever level since the release.
Have a good day
Thank you for sharing your Gaming activities with the community.
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The latest game updates on the reward system are killing the value of our NFTs, DEC, and SPS holdings. I love the game and my collection was once worth more than128k$ in November 2021. Since then, I constantly added new cards, and all are valued below 10k$.
I share the same opinion - I don't see from the current team anything that will improve and secure our investments. No reason to hope...
We have to have hope as it’s still a great game to play in. I don’t like how legacy cards get overpowered and lose utilities such as playing in wild battles only. It is what it is and in time I hope Splinterlands figures out a way to keep legacy assets relevant somehow. I am hoping at least land 2.0 release may help legacy cards.