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Trades and Trends: December 18, 2021

Trades and Trends: December 18, 2021
December 18, 2021
Bradley Calleja

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.


In a week that was shortened due to platform maintenance, performance was propelled by one asset that quadrupled its market cap. The CryptoPunk #9670 opened this week at a $72,000 market cap and by Thursday, the Punk had reached $345,000. The nearly 5x return is the largest in a single week for any offering since Rally started real-time trading and well outpaced any other performance this week.

Following the Punk was the 1910 Tip-Top Bread Honus Wagner and 1979 Diego Maradona which climbed 39.39% and 38.16% respectively. Sports cards moved 5.16% higher on average to finish runner-up to NFTs which closed this week with a 126.67% average ROI. The Honus performance represented a strong rebound after the Tip-Top card fell -30% on Rally last week. There were 40 different assets that traded on Rally across eight asset class. Sports cards were most represented with 12 offerings followed by 9 video games and 6 pieces of memorabilia.

Video games and comic books both stumbled this week as the three worst-performing assets represented those two sectors. The 1985 NES Deluxe Set slipped-49.65% while the 1977 Marvel Star Wars comic crumbled -42%. The worst performing sports card this week was the 2003 Topps Chrome Refractor LeBron James which fell -18.42%. Video games closed with a -9.2% average return while comic books settled -8.17% lower. Last week, video games were the best-performing asset class on Rally with a 6.07% average return but comic books have struggled as of late and are now down -17.9% on average over the last 10 trading sessions. Card games and sports memorabilia also finished with negative weeks as the sectors fell -3.36% and -3.32% respectively.


Note: Only assets that traded for the entire week are included in data calculations and graphs.

Performance dipped slightly this week on Collectable as sports cards stumbled overall. Cardboard returned -2% each of the ten worst-performing assets were sports cards while sports memorabilia gained 0.99%. Four of the ten best-performing assets on Otis were game worn or game used items and the sector rebounded after falling -5.04% last week.

The 2018-19 Flawless Green Trae Young Rookie Card gained 63.56% to lead on Collectable while Michael Jordan's Game Worn and Signed Rookie Jersey jumped 29.09%. Boxing related assets gained 6.89% on average to lead all sports this week and the return was propelled by the 1997 Brown's Boxing Floyd Mayweather Rookie Card which added 27.2% to its market cap. The Mayweather card is now up 59% overall since IPO and closed the week at a $36,172 market cap.

Modern sports cards were crushed this week on Collectable as the five worst-performing assets were all cards produced in the 2010s. The 2019-20 National Treasures Zion Williamson RPA fell -41.42% and the 2020 Bowman Chrome Jasson Dominguez dropped -37.4% to settle as the worst performing asset this week. Golf offerings slipped -4.91% followed by tennis which closed with a -3.41% average ROI.


Note: Only assets that trade for the entire week are included in data calculations and graphs.

Three different assets climbed at least 50% this week on Otis but the average return closed in the red for the second consecutive week. Art, card games, and sports cards each settled with positive returns and were each represented by one asset that climbed 50% or more over the last five trading sessions. Medical Bills by MSCHF moved 86.88% higher and closed with a $56,062 market cap. The current price still sits below the offerings IPO value of $75,000. Finished behind the MSCHF masterpiece was the 2001 SP Authentic Tiger Woods Rookie Card and the First Edition Raichu Holo card which added 61.29% and 50% respectively. Both of these cards delivered a strong rebound in performance from last week after the Raichu fell -35.71% and the Tiger rookie dropped -58.67%. Art was the best-performing asset class this week with a 4.13% average return and sports cards added 2.59%.

While physical art displayed strong returns this week, digital did not. NFTs closed with the worst average return of any asset class on Otis with a -9.38% ROI. The negative performance was pushed lower by the Chromie Squiggle #524 which dropped -30% and is now down -50% across the last month. There are three NFTs that have traded for the last thirty days on Otis and all three have negative returns over that span with an average of -32.37%. Video games dropped this week with an average return of -6.62% while sneakers slipped -6.41%. The drop in sneakers follows a strong performance last week when the asset class led on Otis with a 10.42% return. In total, 114 different offerings traded this week on Otis with an average ROI of -0.80% and a median return of 0%.

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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.

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