TheCollectorGroup@collectdotrip
We are positive this is the main driver of the ENTIRE TCG boom right now.
Here's exactly how it happened:
- Gacha companies start buying up slabs (mostly gems to start)
- Slab prices start to move up across the board ("charizard pumped 3x, Blastoise and Venusaur need to catch up")
- Demand snowball occurs and gacha companies need to start buying up more obscure and illiquid cards to fill machines (lower grades and randoms pump 10x)
- Raw cards that can be graded and sold for 10x what they could 6 months ago are considered undervalued (everyone starts buying up raw to grade and raw market pumps 10x)
- Sealed that has these cards is now undervalued (everyone starts buying up sealed to rip and sealed market pumps 10x)
- Everything is pumping. Everyone is getting rich. Buyers buying just to resell in a week for 2x.
- No longer about collecting at all. Its buy because its going up and can be sold for more very quickly
- New articles about price drive a massive wave of demand. New product cheap and fun for new entrants. Demand up, supply stable, prices for brand new product shoot through the roof
- While this is all going on market participants look for greener pastures. One Piece, Dragonball, Yugioh, Magic, and Lorcana all experience this same boom