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Splinternomics: Why are prices of monsters rising?

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@belemo
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2 min read

Myt deck value had been revolving around $380-400 range for the longest time but since DEC liquidity thing, there was a dramatic rise in my deck value, rising to as high as $588 range.

I think this unprecedented rise is as a result market maker tweaking the price of cards to ensure that their market value is at least higher than their burn value.

So basically, the increase in dollar value translates to an increase in the number of DEC one has to pay, based on the market value of DEC at the time. However, However, this increase in the dollar value isn't exactly commiserate with the level of DEC pump.

Best time to Burn

Based on this rise in DEC value, this is basically the best time to buy cards with your tokens from ranked battles or the ones you burned. I've burned a monster once, it was a gold foiled kraken and in hindsight, I totally regret it. I was a newbie then, and wanted DEC to invest in packs, so it felt right.

WIth the rise in DEC price though, burning monsters isn't exactly a bad decision, especially if the market price and burn value aren't too far apart.

This is not financial advice but if decide to burn cards, I suggest you burn epic gold foils, rather than legendary because the difference between burn value in DEC and market price is smaller than the difference for legendaries.

Get In The Game

If you enjoyed this post and would like to join the game, you can join with my affiliate link below and we'd both stand the chance of getting a gold foiled legendary monster that could be worth like $100

https://splinterlands.com?ref=belemo