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Experienced analysts are predicting that the transaction price for the Pikachu illustration card in the bullish market could exceed $8 million. They believe that this transaction's impact goes far beyond just a single card.
In their view, if the card ultimately sells for $5-6 million, it could actually be a warning sign. A price drop to this range suggests that the valuation logic of the entire digital collectibles market may need to be reassessed. This is not just about the appreciation potential of one card, but about the confidence and pricing power of the entire collectibles market.
Behind the high-price bets in the prediction market, there is actually a judgment on the long-term value of the entire collectibles market. Once the benchmark price is broken, subsequent market expectations could trigger a chain reaction. That’s why a single transaction can sometimes shake the expectations of the entire market—especially in the high-end collectibles sector, where each deal can serve as a reference for pricing.