The year 2022 has finally come to an end and it has been a difficult situation for crypto speculators. Prices of all assets fell during the year, which caused many investors to look for alternative options. Interestingly, the Pokemon TCG set Evolving Skies outperformed all the top crypto assets, illustrating the potential of trading cards for investment purposes.
The Evolving Sky had a solid 2022
There are many reasons why people are drawn to Pokemon and its trading cards. The artwork is stunning – and often much better than what can be found in the NFT sector – and everything feels collectable and exciting. Moreover, Pokemon remains one of the biggest franchises in the world. Its anime, movies, trading cards and video games are watched by millions around the world. This trend is likely to continue as it is a very accessible franchise regardless of age or overall interests.
One Pokemon concept that intrigues investors is the many TCG sets. Pokemon usually releases about four new sets per year. They first appear in Japan and then make their way to the West. As such, sets like Evolving Skies are in high demand in both Japanese and English versions. It’s not the biggest set of cards – 203 is still a lot – but certain cards are very difficult to draw.
Investing in a Pokemon TCG set like Evolving Skies can pay off. In fact, the set has seen healthy price growth throughout 2022. While other markets and assets have declined, this TCG set has increased in value. Cards and packs have become a bit harder to find, making booster boxes a highly sought after item.
The price of the Evolving Skies booster box was already at a healthy level from over 112 dollars On January 1, 2022, that price rose to over 279 dollars to December 31, 2022. The price chart for Evolving Skies booster boxes is very bullish, and 2023 could push their value above the $300 mark. Basically, the booster box gave way gain of over 145%. A very solid investment that will probably increase in price this year.
Crypto is having a less than stellar year
No one is surprised to learn that 2022 was a tough year for crypto assets. All markets lost a lot of value. It remains uncertain whether things will improve in 2023, although there is some minor bullish momentum. However, the overall market performance is the opposite of Evolving Skies and other Pokemon collectibles.
Global 30 Crypto Index at TradingView illustrates that pretty well. Although there were times when a reversal seemed inevitable, the overall trend in 2022 is catastrophic. To clarify, the Index tracks the 30 largest crypto assets by market capitalization, excluding stablecoins. There was little or no growth in any of these markets in 2022. However, the momentum seems to be a little higher in the first weeks of 2023.
Despite the start of 2022 at the end 22,000 dollars, the Global 30 Crypto Index fell rapidly. In mid-May 2022, it was below half of that value and fell below 6400 dollars a few weeks later. By December 31, the Index had returned to 6570 dollarsnot too far from that earlier bottom.
Compared to Evolving Skies – and the other Pokemon TCG sets we’ll be looking at soon – the crypto markets weren’t a solid investment. AND a decrease of approximately 66% is problematic. With the trading card set gaining over 145% in value, it’s not hard to see the “better investment”. Additionally, crypto and Pokemon collectibles can be viable for any long-term investor.
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