Splinterlands Card/Hive Market Price Update... Rental Market Update... and more!

Good morning Splinterlandians and Hive Denizens!

Today is the rare day that I get to take off from work - my day job at least...

I enjoy doing market research on days like today and I some of my speculations are coming true...

The Card Market is moving... Rentals suck... and the EoS is around the corner... we will look at factors possibly affecting this... from outside to in... let's get to it!!

First - The overall Crypto Market... can be summed up with this GIF:

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Bitcoin is over $30k and Ethereum is knocking on the door to $2k...

When the Crypto Market rises... Splinterlands and other assets will rise - how long this upward trend lasts... I'm not quite sure... but I'll take it for now (I think we go back down before we go way... WAAAY up... 2025)

Second - Land 1.0 is here and DEC shot up from around $.60-$.70 to over $.90 in a very short time!!

The goal "peg" for DEC was 1k DEC = $1... we are finally getting close to that and supply is steadily dropping - let's take a look at the Splinter:Hive Market overview - these are the "Currencies" of Splinterlands compared to the Hive Token (and $USD).

SplinterHive.jpg

As you can see - the overall Crypto Market is up... and the Splinterlands market is:

1k DEC = $.939
SPS = $.029
Vouchers = $.116 a slight, steady decline from the highs brought on by DEC-B swaps
Hive = $.428

This chart - which is from: https://www.splintercards.com/

(One of the most USEFUL websites for Splinterlands Market Data!!!)

The great thing is below each Picture, is the USD price... followed by the ratio of them to other currencies!!!

Right now - DEC is receiving the lions share of the cashflow... so everything else in the Splintersystem is kind of stagnant... (which is usually a goo time to buy things)...

Also - please note the DEC supply is steadily declining... not at the crazy burn rate we saw when Land 1.0 was first released... but it IS slowly declining... which means it's being used... which means it may exceed peg for a bit... and that's when SPS may be burned for DEC... which would make the price of SPS... well... you can figure that out, I'm sure...

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Also - if you're a Splinterlands player, community member, Hive denizen or even a Cryptid... check out @splinterboost - a curation project for Splinterlands and Delegation Bot... I didn't write it, or have any affiliation but I did delegate some HP to it :)

Third - Card Prices...

Before we look at the photos... Land 1.5 will require WORKERS... new Rewards Cards are Soulbound... Chaos Legion is SOLD OUT... Riftwatchers has just under 2,000,000 left for sale... but they are $5 in SPS...

This means the supply of CHEAP BCX... is GONE... We are 6 months or so away from Rebellion... so I hope... HOPE... we see some appreciation of assets during this time...

With that being said... Card prices are MOVING UP 😁

Modern Reward Legendaries

Reward Leggos.png

I don't know about you... but I see a lot of GREEN %'s there... :)

Chaos Legion Legendaries

Chaos Leggod.png

More GREEN %'s :)

Riftwatchers Legendaries

Riftwatcher Leggos.png

A mixed bag of signals... but watch this...

Remember... to MAXIMIZE Land production... GFL's are what's needed...

GF Riftwatchers Legendaries

RW GF Leggos.png

LOOK AT THOSE GREEN %'s!!!!

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I believe this will continue as we see the BCX dry up - one of the primary factors that made me jump headlong into Splinterlands (for better or worse)... Was the DEFLATIONARY CARD LEVELING MECHANIC!!!

What does this mean?? You know what - that's a topic for another day... so make sure you follow me and watch out for the "Splinterlands Card TOKENOMICS" post, coming soon :)

Finally... we reach the end topic of the post - the EoS Rental Market Bump...

It's TWO days from the End of Season in Splinterlands... which means:

The MINIMUM RENTAL PERIOD for a card (2 Days) is GREATER than the time remaining in the Season...

This creates a surge in Demand as players/bots rent what they need to ensure they place as high as possible in their League... Demand Up... Supply Steady = Price Up...

But most renters KNOW this bump is coming... so like me... they cancel all their Rentals and start skewing prices upwards... This creates a Feedback Loop that SPIKES Rental Incomes for two GLORIUS days...

For the last few seasons I have had many, many cards renting out for 100% RoA+ throughout the Season and a LOT of cards renting out for just INSANE RoA%'s during the EoS...

Currently though... The Rental Market SUCKS... and I don't know why...

My currently rented (although canceled) highest earning cards are ~50% RoA and nothing was over 100%... NOTHING...

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I am HOPING tonight, when I list my cards for the EoS bump... that I'll see that trend just disappear... poof... Otherwise... I may have to temporarily reallocate my next week(s) funds into other Goal "Pools"...

Node License
SPS for Pools
Hive Tokens
Nightmare Packs

I'm not saying that's a bad thing... I'm just saying I don't like my short term goals being hijacked lol...

Thank you for reading and I look forward to seeing you in game, join me in Praetoria here:

https://splinterlands.com?ref=captaindingus

If you find my content helpful - I plan on making more of it 😄

I always appreciate your feedback, follows and reblogs!! I am usually quick to follow back and if I don't - please let me know in a comment or message!

I hope you all have a wonderful day!!

Cheers 🍻,

  • CaptainDingus

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