It is hard to believe but Chaos Legion max level regular set is now just barely over $600. I know the amount of Chaos cards in circulation was over supply to the point it became saturated. Still this leads me pondering at the potential price drops in the later editions in Rebellion and Conclave.
Rebellion as it stands is nearly $7500 for a max level regular set.
Looking back in time a staggering 8 million packs were burned making only a little over 2 million to ever be created for Rebellion. Yet here we are and prices have been steadily declining for the set.
For Conclave it is nice to see that there is over 2 million packs sold to date when combined with Alchemy and Legendary packs. The question though is will this translate to same price decline in the future once Conclave transition out of Modern League.
I do not see how the trend can change as of right now. The reality is once a new set arrives there is less value for older sets based on utilities and abilities of the cards. New cards tend to include new features that makes the game remain appealing. The older cards simply are overshadowed by the up and coming.
Looking at a six month chart market cap of Splinterlands assets from Splinterlands is still trending down. With all the updates and Conclave roll out it had not stopped the bleeding.
It maybe time to start searching for some new cards to add to my collection, but having caught multiple falling knifes from prior sets I remain hesitant to go in on purchases now. Instead I remain vigilant lurking through to see if the trend for prices to hit some form of bottom.
Earned rewards need to rise in price in order to entice players to invest. The continue drop in SPS is not helping. A chart of SPS price since inception up to today is shown above. A staggering loss of over 99% yet the game remains very active. If only SPS could somehow hold up in value could the cards be in turn more valuable as they would potentially earn more when used in battles.
Until next time thanks for reading!!!
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