For those that are not in America I probably have to explain what "Black Friday" means. In America the day after Thanks Giving, an American holiday, is the last Friday of November. On that day consumers have some of the best discounts in stores for all kinds of goods and services. Think of it as best shopping day for everyone. This is how it appears in the recent Splinterlands card prices decline.
Aftermath
This week we had the recent news of the downsize in Splinterlands and company. This lead to some FUD and people selling out their assets, which is putting downward pressure on all Splinterlands asset prices. However it appears to be temporary as most recent as today prices has again ticked up a bit.
For a chaos set at max level based on Splintercards.com it is barely over $4k. Over on monstermarket.io which I consider the more accurate number has it around $4.6k for a max chaos set.
DEC Price Dip
Another reason for card prices falling is the price of DEC falling. In a matter of days after after Lux Vega promotion all Splinterlands tokens and even Hive have fallen dramatically.
This downtrend pulled $ price of the cards lower. Overall this may not be appearing like a good thing as asset prices fall but for those who remain on the side line or trying to accumulate cards, like yours truly, its a great time to be buying.
What To Look For To Buy?
Even older reward cards we can see price drops that have not been this low since late last year. There is a lot of potential with buying older cards since they have less in circulating quantities and they are worth more in DEC burn rate.
Pay careful attention to rewards cards and check often with DEC price being volatile there could be potential to purchasing cards below burn rate if you now what to look out for.
Looking Ahead
Where there is pessimism we should always try to see the opportunities. Right now crypto is in a bear market and Splinterlands assets are dropping in price. Might be a good time to look for bargains out there.
Until next time thanks for reading!!!
I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:
If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!
THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!
I never really checked the difference between burn rates that much and I think I will be checking it every now and then through Peakmonsters. I did buy a Twilight Balalisk for like 5% above burn after my extra fees were generated from MonsterMarket. So I will definitely look for deals and then see if I can rent out some of these cards for some extra DEC. Level 2 seems to be fairly bad as a card to rent out though.
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If you been watching the markets long enough you will notice max level rates and epics at daily lowest price get bought in minutes. At current rates around $1.75 a rare max and $4 a epic max. Bottom line if I had enough dec I would be getting those to save up dec. renting them out won’t get much like 2 dec a day but my goal is just hold more dec in the long run. !PIZZA !WINE
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The max level cards are around 2 DEC each and I was able to get a few max level rare cards for around 1.08% of the DEC burn price. I also bought it using Monster Market so with the cash back, I got back the DEC if I were to burn the card. It's looking like a decent deal already but it's random as to whether or not I will be able to catch up those cards.
Are the max level common cards worth it? It doesn't really look like the DEC burn rate is that great.
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!WINE
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