Trades and Trends by Altan Insights: March 26, 2022

Join Altan Insights as we highlight trading activity across the various alternative marketplaces with a combination of charts and penned analysis to help investors track trends and price movements that impact their portfolio.

Collectable

For the third straight week, sports cards continued their climb as the asset class returned another positive performance on Collectables secondary market. Cardboard gained 2.38% on average this week after adding 6.49% over the previous two weeks. While sports cards closed with as strong showing this week, memorabilia fell slightly as game-worn sneakers and jockstraps experienced a pullback. Overall, the average return on Collectable was 2.38% which follows an average ROI of 4.29% last week.

The 2022 MLB season was in jeopardy less than a month ago but now that baseball is on the horizon, money has started to flow into modern players. The Corey Seager Orange Refractor Rookie Basket climbed 185.71%, which marks the best weekly return ever for a 21st century baseball card on Collectable. The 2014 Mookie Betts Blue Refractor gained 35.83% while the 2017 Ronald Acuna Gold Refractor added 35.42%. Out of the ten best-performing assets this week, eight were baseball cards and five featured active baseball players. Baseball also delivered the best return by sport this week as America's Pastime gained 6.18% on average followed by football which added 4.65%.

Wrestling was the worst-performing sport this week with a -11.54% average return while basketball fell 1.9% and boxing bounced 1.58% lower. Losses were capped with a low ceiling this week as now asset dropped more than -40% and only five offerings fell more than -20%. On the contrary, eight assets gained more than 20% and three offerings climbed 40% or more.

Otis

Two beaten-down asset classes displayed strong returns this week on Otis. Card games climbed 15.71% to lead all sectors while sports memorabilia moved 13.06% higher. The sports memorabilia return represented an impressive rebound after the asset class fell -11.98% last week. Overall, the average return on Otis was 1.12% across 111 traded offerings.

Last week, the 1987 Magic Johnson Sneakers fell -41.18%, but this week, the sneakers gained 80% to lead all offerings. Card games were pushed higher by two pocket monsters which delivered breakout weekly returns for the worst-performing asset class on Otis. The First Edition Blastoise Holo card bounced 66.43% higher while the 1999 Shadowless Charizard card climbed 38.82%.

Physical art was the worst-performing asset class this week as modern works experienced sell-offs. Medical Bills by MSCHF moved -24% lower and Police Car by Banksy fell -18.36%. Art as an asset class lost -2.65% on average and video games were the second worst-performing sector with a -1.25% return.

Rally

This week marked the best week of performance on Rally in 2022. The platform delivered an average return of 4.48% across 284 traded assets as ten different offerings gained at least 46%.

Leading the way this week was the 1979 Millennium Falcon Spaceship which moved 80% higher as money moved into toys and NFTs . The best-performing piece of digital art was the 66.56% weekly ROI secured by the Fedora CryptoPunk #5883. The Fedora Punk was the worst-performing asset on Rally last week with a -70% return but with the news of ApeCoin payouts for NFT holders the asset class experienced its best weekly performance since the first week the sector opened for trading. There were three different NFTs that gained 46% or more this week and only one offering from the asset class that fell more than -20%. The worst-performing asset this week was the 1940 DC Comics Batman #1 which fell -46.09% and the 1956 Topps Hank Aaron Card which slid -44.05%.

Overall, ten of the eleven asset classes that traded this week on Rally closed with positive average returns as cars were the only sector to trade negatively. NFTs gained 26.01% on average to lead the platform while card cards and video games closed 9.37% and 6.81% higher respectively.

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Disclaimer: You understand that by reading Altan Insights, you are not receiving financial advice. No content published here constitutes a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You further understand that the author(s) are not advising you personally concerning the nature, potential, value or suitability of any particular security, transaction, or investment strategy. You alone are solely responsible for determining whether an investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. Please speak with a financial advisor to understand if the risks inherent in trading are appropriate for you. Trade at your own risk.