Tuesday, March 29, 2022

Pearl Revisited

Yesterday in the VeeFriends Discord, Gary confirmed that both Neon and Pearl would be eligible to burn for VeeFriends 2 new characters.


People had gotten the mistaken notion that they weren't because he didn't mention them in a list of 7 frames he posted on March 17th.


This makes me believe even more firmly that one each of those seven frames will be burnable for a new character, but that's a different subject. Let's stick to Pearl, which I feel is dramatically undervalued right now. There are currently only 100 wallets with a 5 frame matching set of Pearl.


The current floor for Pearl is 0.7525 and has risen about .06 since he made the comment. But I think there is still an opportunity to buy. The table below shows that only 114 Pearl frames are listed below 1.5ETH. That's only about 23 matching sets of 5.


If burn rules for Pearl require 5 matching frames and allow for 220 sets to be burned, I think Pearl is in for a dramatic increase in price.



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