The other day I spoke about using SplintX price history charts as a way to find and then buy cheap Splinterlands cards.
Within that blog, I used the Gold Furious Chicken as an example and following just wanted to do a follow up on how the prices of this particular NFT is tracking.
If you’ve been tracking prices since, you would have noticed that...
The flying chicken is swooping from above!
Or something like that…
What I really mean is that the lowest ask price for Gold Furious Chickens has been consistently falling.
Just take a look at the Chicken’s current for sale tab on SplintX below.
The lowest ask price we can see there is now as low as $289 USD.
Looking at the following chart, you can see that this is as low as Gold Chicken’s have been for a while now.
Swooop.
But while on the surface it looks like the Chicken prices are dropping, let’s just say that this can be a little deceiving.
Take a look at the next couple of ask prices down that list.
- $289
- $290
- $309
- $310
- $330
- $339
- DAYLIGHT
- $419
- $435
Notice the huge price gap between $339 and $419?
While it looks like prices have been steadily dropping, you have to remember that unlike the Splinterlands DEC market, these individual Splinterlands card markets are extremely illiquid.
With a single buyer purchasing just a handful of cards off the Gold Furious Chicken market, prices can quickly lurch higher
Final thoughts on trading Splinterlands NFTs
Check the charts on SplintX for lowball prices and then flick to the for sale tab to look for gaps.
In an overall bull market for Splinterlands assets, these are the sorts of price gaps that savvy Splinterlands card traders need to be on the lookout for.
Best of probabilities to you.
Direct from the desk of Dane Williams.
Why not leave a comment and share your thoughts on trading Splinterlands cards within the comments section below? All comments that add something to the discussion will be upvoted.
This Splinterlands blog is exclusive to leofinance.io.