The year 2022 is finally over, and it was a rough patch for crypto speculators. Prices of all assets dwindled throughout the year, making many investors look for alternative options. Interestingly, the Pokemon TCG set Evolving Skies beat all top crypto assets hands down, illustrating the potential of trading cards for investment purposes.
Evolving Skies Had A Solid 2022
There are many reasons why people are drawn to Pokemon and its trading card game. The artwork is stunning – and often much better than what one finds in the NFT sector – and everything feels collectible and exciting. Moreover, Pokemon remains one of the biggest franchises in the world. Its anime, movies, trading cards, and video games are consumed by millions worldwide. That trend will likely continue as it is a very approachable franchise regardless of age or overall interests.
One concept of Pokemon that intrigues investors is the many TCG sets. Pokemon tends to release roughly four new sets per year. They appear in Japan first and then make their way to the West. As such, sets like Evolving Skies are highly sought after in Japanese and English versions. It is not the biggest set of cards – 203 is still a lot – but certain cards are very hard to pull.
Investing in a Pokemon TCG set like Evolving Skies can be viable. In fact, the set saw a healthy price appreciation throughout 2022. While other markets and assets collapsed, this TCG set rose in value. Cards and packs have become a bit harder to find, making booster boxes a highly sought-after item.
The price for an Evolving Skies booster box was already at a healthy level of over $112 on January 1, 2022. That price rose to over $279 by December 31, 2022. The price chart for Evolving Skies booster boxes is very bullish, and 2023 may push its value above the $300 mark. Essentially, the booster box yielded a gain of over 145%. A very solid investment and one that will likely appreciate further this year.
Crypto Has A Less Stellar Year
No one is surprised to learn 2022 was a rough year for crypto assets. All markets have shed a lot of value. It remains uncertain if things will improve in 2023, although there is minor bullish momentum. That said, the overall market performance is the opposite of Evolving Skies and other Pokemon collectibles.
The Global 30 Crypto Index on TradingView illustrates that rather well. Although there have been times when a reversal seemed imminent, the overall 2022 trend is abysmal. For clarification, the Index tracks the 30 biggest crypto assets by market cap, excluding stablecoins. There has been little to no growth for any of these markets in 2022. However, momentum appears a bit more bullish in the first weeks of 2023.
Despite starting 2022 at over $22,000, the Global 30 Crypto Index plummeted quickly. It was under half that value by mid-May 2022 and bottomed below $6,400 a few weeks later. By December 31, the Index was back at $6,570, not too far from that earlier bottom.
Compared to Evolving Skies – and other Pokemon TCG sets we will look at soon – the crypto markets weren’t a solid investment. A decrease of roughly 66% is problematic. Considering that the trading card set gained over 145% in value, it isn’t hard to see the “better investment”. That said, crypto and Pokemon collectibles can be viable for any long-term investor.
The post Pokemon TCG vs Crypto: An Evolving Skies Booster Box Was A Better Investment In 2022 appeared first on CryptoMode.
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