I don't think it will take much for CHAOS Packs to increase in USD value

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My last two posts have been contents related to CHAOS Legion. This post will be no different. As the Hive Blockchain main token dips near $0.04 cents I been looking at ways to get more of it. I am unable to dish out cash to get some at the moment so that means I will look at other options. (1) Create valuable content on the Hive Blockchain on my @rentmoney blog. (2) Trade some existing assets for the Hive Token. This has me eyeing the CHAOS Legion market. While I do believe the today's USD price of Chaos Legion packs are a bargain there is another side to that coin - the Hive Token. I did a little experimenting and CHAOS Packs are routinely selling at 6.5 Hive Tokens. Seldomly but do sometimes currently sell at 7.25 Hive Tokens on TribalDex. If you are patient a little over 5 Hive Tokens can afford you a Chaos pack. At current time there are under 84 Chaos packs at the 6.5 ask point. Put another way 84 Chaos packs for the low value of $0.2694022 each. It still shocks me to see that low USD worth for a CHAOS pack. It's even more shocking that 6.5 Hive Tokens total USD value is just $0.2694022 in today's market. This opens up an interesting push and shove match. On one hand letting go of a CHAOS pack for about 27 cents isn't something that is very appealing. However gaining 6.5 Hive per pack just might be. Where does one draw that line. Personally I sold a little at the 6.5 Hive mark a couple days back. I also sold one at 7.25 and have a small sell order lingering in the books at that same 7.25 mark. If the Hive Token continues to dip I suspect the Hive value of these packs to increase.

Image Source: https://tribaldex.com/trade/CHAOS

As I steadily watch the CHAOS Pack market over the last days I notice that it wouldn't take much for the price to increase. It seems as if those looking to dump packs set and forget them. The purchasers eat through the packs causing temporarily price movement that reaches and surpasses the 30+ cent mark. The bag holders notice and put up another bunch for sale. This has me hopeful for the future value of these Packs. Once the bag holders sell enough or run out of packs to sell I suspect we see a more reasonable (higher) USD value entry point for Chaos Packs on TribalDex and thus elsewhere. I have about 18 packs at 7.25 for sale and I think I will leave them up. I asked myself at what Hive Token price I would let some go. The answer I came up with was things get intriguing at 7 Hive Tokens. Days ago I also listed some on Splinterlands as to stack some DEC. The ones on Splinterlands sold within 24 hours. I believe I got somewhere north of 1200 DEC per pack. Looks like there been some new orders placed up since I sold my packs on the Splinterlands market.

Thus pushing down the USD per pack value. Even if 0.27 cents does equal to 6.5 Hive tokens I just can't seem to justify letting my packs go for what amounts to a quarter and a couple cents. It's strange how one perceives things. At 7+ Hive token returned per pack I get intrigued but at 6.5 I give it a small look and go maybe not, I'll keep holding. What is your thoughts on CHAOS Legion packs. Do you see a future where their value is significantly more than the worth they are going for today or do you think CHAOS is simply the forever most affordable set? Perfectly situated for those looking to pack a bunch within the wild ranked play? Sound off with your opinions below. We here at the @rentmoney blog look forward to reading each and every one of them. That's it for this post. We hope you enjoyed it and we hope to see you again at our next one. This post contains no financial advice. Always do your own research before investing any of your hard earned dollars into any project or token. Never invest what you can't afford to or don't want to lose.

Image Source: https://tribaldex.com/trade/CHAOS