gacha sales are in freefall
and $cards is down -70% in a month
i was on a spaces about a month ago and the entire panel was making fun of me for saying there would be a better time to buy pokemon cards than [right now]
it was crazy - all the same people that round tripped nfts were now telling me [new nfts] aka [cardboard cartoons] are going up forever
i said you guys round tripped nfts and didnt learn your lesson i will buy a charizard first edition grail for 250-400k in a couple years
when they say pokemon cards are dead tcg is finished and call it beanie babies
they all laughed at me and told me i was an idiot
well as always i am right
theres a reason i got 2 punks earlier this year for 60k/ea
those were going up forever too right????
ya maybe in the long term but not without violent corrections and a few cycles of grave dancing first
anyways if you round tripped nfts and then bought the top of tcg because 'this time its different'
you have some soul searching to do
thank you for coming to my ted talk
- kook
@Chubbicorn230@ProofOfEly@MetaverseMan_ i have a $CARDS bag and want it do well but all the things you listed you either need it do things or its a meme > cards is neither of these. I share the sentiment of OP its a fundamental question for this trade, and the lack of clear answer is why its valued at 35m and not 300m+
current mc is below the cost of inventory alone, let alone any revenue/buybacks/business expansion
very inefficient and rotational market but confident $cards ends up much much higher in a while
@dutchdecrypto Dutch your doing the lords work right now bull posting the lows brotha. Platform itself continues to flourish while the token just slowly down only. Hodlers demoralized bigly here we must make a stand somewhere.
@JeffZylstra_@Collector_Crypt They are aggressively buying physical inventory > card shows, ebay, OTC. I actually don't even mind spending on growth like this, they just need to find the line between token having economics and growth/securing their moat.
@Collector_Crypt 4) The token itself has no reason to exist currently. And the team is operating under a "wait and see" type strategy making this a awkward hodl. My bags are packed and i genuinely love the team, but i have been hurt before. & its hard to suppress that feeling especialy on solana
@Collector_Crypt 3) Watching the team executing at this level makes you want to own the $CARDS token. if all these tokenmoics questions were answered presently we would be trading at multiples higher > giving true believers a great r/r opportunity at these prices. Having said that i feel nervous.
@TA_c14y@sjdedic Vault fee is paid by the user on withdraw/deposit too. CC does need to source cards for the gacha, which they pay fees for. Overhead is more then pumpfun but still negligible compared to what their making