Pokémon card market bubble analysis

    by Gigliola: Pokémon

    Capital usually chasing crypto is getting pulled into trading card game purchases instead, and that shift happens right when the market gets pumped by Pokémon. That surge in buying behavior is exactly what a bubble looks like to me. #Pokemon #Crypto

    Transcript (en)

    Brian said, I did something I shouldn't have. I spent a little over 1K in TCG cards. I have since sold a bit and got back around 400 bucks. Not Pokemon. So yeah, this rise of attention for the Pokemon cards has also lifted other trading card games as well. Fascinating, dude. That's bubbly. That's one of the clear signs for bubble. When it spills over? When things indiscriminately start getting bought up just because. Yeah, yeah. That's definitely other trading card games have experienced that spillover. Fascinating. that might be one of the most like undeniable things it's like that that doesn't make sense so i i don't think i agree with this josh josh is a pokemon is an uncorrelated asset to crypto i think they're pretty correlated because of their need for attention from a from a retail perspective i think a lot of the people who would be buying crypto are currently buying pokemon nostalgia is strong out in these current markets fam I think nostalgia is the attempt at logic that they try to reinforce the decision that they're making with. But I think a lot of people are here because the price is going up. If you're still into NFTs, you should definitely follow us because we talk about JPEGs more than we probably should.