CHAOS For Just $0.37 USD

in #hive-1679222 days ago



It's been months since I ventured to TribalDex (Hive-Engine). Today I decided to break that streak to peek at the current USD worth of the CHAOS Packs. The USD price of these packs is astonishing to me (I believe them to be undervalued). Sure there is allot of CHAOS Packs on the secondary markets; not to mention newer sets are out. Regardless of that at just $0.37 USD these packs just might be a steal and a potential great long term hold. Looking at the volume of sales it seems as there is at least some others that think the same. Within the last 24 hours $1,239 USD worth of CHAOS Packs have sold through TribalDex. That might not seem like much to some reading this but to put that in perspective the set that came before CHAOS (UNTAMED) has $0.00 USD of volume within the last 24 hours. Splinterlands blogging token (SPT) has just under $6.00 USD in total volume over the last 24 hours. So in the world of Splinterlands $1,239 USD in sales within a 24 hour period isn't too shabby. Of course Splinterlands is a popular game and their in game token named DEC has well over $6,000 USD in total sales within the last 24 hours. SPS somewhere north of $4,000 USD in sales volume/ 24 hour period. Its important to note that these numbers only take into account sales done through TribalDex (Hive-Engine). Some of these tokens are listed elsewhere as well, which as you know would increase the overall 24 hour sales volume of mentioned tokens.


---> TribalDex URL (Image Source) : https://tribaldex.com/trade/CHAOS


Readers,

"Some of us are new here, tell us what CHAOS Packs are"


Answer:

Chaos Booster Packs are Splinterland assets that hold five cards (NFT's) that are playable in-game. Out of these five NFT's one is guaranteed to be a rare or better. These and other NFT's are tradable within the official Splinterlands site and on many secondary markets. Cards can be used to win rewards in tournaments and ranked play or staked on land to earn SPS and Grain. There is also a rental market where cards can be listed for rent. The CHAOS edition has long been out of print but can still be purchased on secondary markets or directly from anyone who is willing to trade them.




Readers,

"Thanks; that explains CHAOS Packs but what is Splinterlands"


Answer:

I sometimes forget someone new might be stumbling upon my created content not knowing what the heck I'm talking about. CHAOS? UNTAMED? SPS? SPT? Splinterlands? What are these things? The Answer: Splinterlands is a play2earn game that is hosted on the Hive Blockchain. Splinterland cards (NFTs) can be used to win assets that hold real monetary value. Splinterlands has its own on-site trading platform (trading and gaming all possible from the same site). There are also many secondary markets in which you can trade your Splinterlands assets on including but not limited to Hive Dex's such as TribalDex and Hive-Engine. Get started on your Splinterlands journey today, Click Anywhere On This Highlighted Link To Do So. SPS is the governance token for the game and has many use-cases. SPT is the official (unofficial) blog token for the Splinterlands game. You can earn SPT by posting content on the HIVE Blockchain and using the tag SPT and/or Splinterlands. Visit the official Splinterlands blog site here: https://www.splintertalk.io/@rentmoney



CHAOS Buy Orders

  • Today's Date: 11/23/2024

Disclaimer:

The RentMoney blog does not contain any financial advice. Always do your own research before investing any of your hard earned currencies into any token or project.



Chaos Legion's Legendary Doctor Blight

Lore and screenshots taken from the Splinterlands site.

“From the starless void beneath and from before creation lives the dweller in the void. By Silus' will was it given form and through the tearing of the veil were the hands of chaos laid upon the world. Though the Crypteia are the heralds of Chaos, only I am the right hand of doom. By the well of power am I given strength. Through me the shadow of the void is cast and by the will of Uul the word of Silus is given voice. Hear me and tremble. Approach and embrace oblivion.”

-- Doctor Blight, The Children of Doom



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I like picking up a few chaos cards here and there. They are just so damn cheap, My head is still stuck in the last bull run for card prices :D

I'm also stuck in the last bull run, what a rush that was.

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Not only the packs, the cards are also cheap at present. I opened more then 50 packs and surprised to see that most of the packs opening worth below 0.1 USD (comulative worth of 5 cards opened).

Most of 50 being below 0.1 USD is a tough opening. Hopefully Splinterland cards can rebound in USD value at some point. On the positive side, its cheap to build a deck using some of these "older" cards which is good for newbies.

Every time I look at Chaos pack prices, I ask myself, "Why am I not buying these at this price?" Still haven't come up with a good reason not to.

I hear you, I still have a nice bag full of them but its tempting to fill another.

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Pack value calculator

Looks like pack value is a little higher than $0.37. If you bought a bunch of these you could probably make a little... but you have to buy lots to make sure the odds work out. I bought 70 packs a few months back and averaged $0.41 value probably would be higher now that prices are up. But I think you need to buy 100 or so to be safe with odds.

Nice observation, break even or close to it is still counted as a win to me. One could rinse and repeat until that profit shows. Of course nothing is gntd but its an option one could ponder. Good luck with your next set of openings.

Prices have dropped a lot and it is tempting to get in but it is difficult to buy when a market is down.

It can be a double edge sword depending on what currency one wants to trade for.

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