Splinterlands - How long will it take for the remaining Chaos Legion packs to sell out?

Chaos Legion took Splinterlands by storm and no less than 15 Million packs were dropped on the market to feed the hunger of any warrior, player, investor, or blockchain enthusiast. Was the market flooded with too much offering or is it enough demand to fulfill it? I thought of a simple experiment to see how long it will take for the remaining Chaos Legion packs to sell out. Why is this important? Well, simply because after they sell out it is expected for the market prices to increase and to provide some nice profits to future sellers.

To get our answer we will take a closer look at the New player's registrations and how many of them have also bought a Spellbook. This should give us an overview of the growth that the game is still experiencing and we'll be able to correlate that with the remaining amount of Chaos Legion packs on the market.

While the Daily signups average is standing at good levels ~2,578, the ones that also purchased Spellbook cards are averaging around ~200, with even a low level for the day at 194. This is for me this is the first alert as I would expect the accounts that bought Spellbooks to also invest in Chaos Legion packs. I believe that this number needs to increase through new market strategies or partnerships in order to boos up also the sales on the market.

Next, I have done a short experiment by counting the number of sold Chaos Legion packs during a 24 hours interval. This could give us a tendency of what is to come and if the same pace is kept will get our number of remaining days until a possible sell-out. As of yesterday 3-February-2022, the Total number of sold Chaos Legion packs was sitting at 7,155,728. Doing a new count today 4-February-2022, the Total number of sold Chaos Legion packs increased to 7,178,290. The difference for the day (24 hours) is 22,562 Chaos Legion packs. If we extrapolate this to the remaining 7,821,710 packs and an average selling of 22,562 packs per day, we would reach the sell-out in 346 days.

And let's not forget that we will have a new 3,000,000 packs of Drift Watchers coming our way so I think that the market might be oversaturated for the moment. The growth doesn't yet sustain the amount of Chaos Legion packs thrown on the market and we might see the price stale for quite a long time. But who knows, we need a serious boost from an Exchange Listing or new gameplay or partnerships to get us there faster. I wonder what are your thoughts in this regard and what you foresee in the future.

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