Chaos Legion Vouchers: is the FOMO over?
The recent release of the Chaos Legion Vouchers brought just as it's name means; Chaos. The price of the vouchers and packs went crazy the past few days, but it seems to have tapered down. The question is, "Is the FOMO frenzy over?"
We're now on the third day and it seems like things are getting more interesting. The value of the vouchers are now around 15 USD, and it seems like the market is about to decide the final prices within the next few days. The 24 hour volume is around the same as it was on the second day.
There are more buy and sell orders now in the market so everyone should start paying more attention now.
My Plan
Now I'm leaning more on the plan to just hold my Chaos Legion Vouchers. I am also considering putting buy orders soon for around 11 USD. By the weekend I am confident that there would be a value that both buyers and sellers would agree on.
Is the FOMO Frenzy over?
I think it is, for now. BUT WAIT, it's not over! I'm expecting in 3 weeks we'll have another FOMO FRENZY. If you think you lost your chance to sell, think again. People may realize that they won't get enough vouchers and demand is sure to skyrocket once more. The required Staked SPS is getting higher and higher and those who expected to get dropped a certain amount of vouchers, might find that they're actually short. This is where the demand will come from. Good luck and let's see what the next few days have in store for us!
If you want to create a new account, feel free to use my referral link below! I'd be happy to delegate some cards to help you get started.
https://splinterlands.com?ref=pogier
Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
I agree. I think it will come down somewhat from here. Probably not until next week though, IMO. And then we'll have a couple weeks of ups and downs before the buying frenzy ramps up again during the last week and the "grace" period afterwards. I'm holding right now. I sold my first bit right out of the gate for like 27 HIVE. I might sell some more if it spikes again and then look to buy back cheaper over the next couple weeks. Everything is play-it-by-ear at this point.
A part of me regrets not selling on day 1 when I knew the FOMO was real. BUT the entertainment from watching all the craziness is payment enough for me! lol