MultiversX Tracker is Live!

Is cryptocurrency having a reverse correlation to Magic: The Gathering reserve list cards this time around?

All Cryptocurrencies

by COINS NEWS 77 Views

Before I begin, this is my prediction on how the next cycle will play out:

I think once Bitcoin hits $100,000 most players will take profits and then dump those profits into alternative coins which will start the altcoin cycle, then once that pump is exhausted, the easy made money will flow back into Magic: The Gathering reserve list cards and non-fungible tokens completing the next super cycle, which I believe will peak in 2025.

Now that that is out of the way, what do you guys think about the recent surges and all-time highs pertaining to the Magic: The Gathering reserve list card prices?

In the last bull market of 2021, cryptocurrencies pumped first, and then many folks sold and took profits, and then started pumping up the reserve list via card purchases. This time around it seems cards are pumping first, but could this pump actually work in reverse?

I don't see how, but maybe the community as a whole could help explain this in the comment section.

submitted by /u/Ryanopoly
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments