5 reasons why splinterlands cards are increasing in value || Ep. #76 || Splinterlands

5 reasons why splinterlands cards are increasing in value || Ep. #76 || Splinterlands

By mercurial9 | mercurial9 | 25 Mar 2021


At the beginning of every month, I keep track of my splinterlands decks' value for my primary and alt account. On March 1st, both decks' total value was $1147 ($876 primary + $271 alt). I noticed over the past week that the value has increased to $1652, which is a 44% increase. It's not crypto crazy price increases, but this is still a fairly chunky price increase, which came as a pleasant surprise.

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What is causing the price increase?

 

Increase in players

In an official blog post, the splinterlands team had reported an increase in the number of new players signing up to play the game. Since the start of the year, the number of daily active players is constantly hovering around 6k+ players. The number of daily active players has been steadily increasing, as seen in the picture below.

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Source: HiveData.Space

 

DEC Price Increase

Until a few weeks ago, DEC's price was ranging between $0.60 to $0.70 per 1000 DEC. However, now the price of DEC is ranging between $0.75 to $0.90 per 1000 DEC.

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Source: CoinGecko

I would attribute this to the numerous fantastic partnerships that the splinterlands team has developed over the past month:

These are just a highlight of the some of partnerships that the splinterlands team has delivered over the past month. This is not factoring in the changes and other enhancements they are bringing to the player experience.

 

Increase Market Activity

The splinterlands market has also seen a 36% increase in market activity (USD).

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Source: MonsterMarket

 

Older Editions Cards Increase in Value

Certain cards from the older editions are starting to increase in value. Using the fantastic splintercards tool, you can see that a single BCX card's price discrepancy is rising on the older editions cards.

Alpha

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Beta

0711e3a8e4f4ad156fe56f0bad78e04000fb66f352ebba3c470579c783c0b23e.png

Promo

550db555da6cb9394e63156b7a59fcf84d42bb525ab578bd090074ce6474f067.png

 

Benefiting from the NFT Craze?

This is an unfounded one, but I think maybe splinterlands is starting to benefit from the NFT craze. More and more people are playing crypto games in the hope of getting one of those sweet, sweet NFTs that can be sold for stupid money. 

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The beauty of splinterlands is that every day you have a chance to unlock new NFTs by completing your daily quests. Some days you get lucky and get the following rewards (1 x legendary, 2x epic and 1 x rare).

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Conclusion

What else do you think is causing the price of splinterlands decks to increase? Please comment below.

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I recently did a compilation post titled, The New Players Guide to Splinterlands: A Collection of Articles and Guides. This post serves as a summary of articles and guides I have written for new players starting fresh on Splinterlands. If you enjoy reading my Splinterlands content, please follow and support me by signing up to playing Splinterlands through my affiliate link: https://splinterlands.com?ref=mercurial9.


Thank you for reading and hope you have a good rest of the day!

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