Crypto Mumbles

i like this

https://x.com/aurafarmer15145/status/1963274180956205380?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

https://x.com/0x_antifragile/status/1963662165585367496?s=4

https://fxtwitter.com/Trim_Bot/status/1961473423663911232

one thing for certain is that both sides agree that it is late in the current pokemon tcg cycle as it has already been running for awhile (i agree, because i've seen friends collecting and selling for awhile now), and it will also go through a bear market soon

BUT tcg as a market is still early in the grand scheme of things (years)

common advice from TCG enthusiasts: stick to OGs and the "btc" equivalent of pokemon cards like charizards, because the rest will get printed to the ground

illiquid market, don't get caught bagholding if you see it purely as a financial asset or trade

gachafication is a good touch, but it feels like retail prefer to gacha on tiktok live streams instead (?)

streamers are making good money opening packs for others on live streams (why this is addictive idk)

i have absolutely no clue about tcg markets so im just mumbling observations with no actual skin in the game

its quite interesting to see how actual card collectors are rushing to dump and/or are not as excited about the whole tcg rwa onchain meta

vs

crypto natives that are incredibly bullish on tcg rwa

unique case of disparity between the supposed end user and token buyer

i think ultimately its who your target audience is

in this case, the current tcg wave feels more targeted toward crypto natives that want exposure or just a meta to bid, instead of actual card collectors

what this means is that tcg rwa can still go up from ct bidding, but will likely not have much real users

its the short term speculation that we're playing here and we will end up slapping on huge premiums because its onchain as with NFTs