CSGO Skin Prices Go Wild After Counter-Strike 2 Reveal

gamerant.com:

The prices of many weapon skins and loot boxes for Counter-Strike: Global Offensive went wild shortly following the reveal of Counter-Strike 2. Valve confirmed that Counter-Strike 2 is real and coming later this year on March 22, which prompted an unprecedented popularity spike for the last mainline installment in the long-running franchise.

More specifically, CS:GO broke its simultaneous Steam player record within days of the sequel's announcement and nearly a decade into its release. While such a massive influx of new and returning players was always going to affect the in-game economy, recent Steam Community Market activity reveals some truly wild figures emerging from this trend.

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After Valve confirmed that CS:GO skins will carry over to Counter-Strike 2, the prices of everything from weapon skins and stickers have gone up across the board. Many loot boxes like Weapon Case 3 hence doubled in value overnight, according to hundreds of sales that now value them at some $5.50. Moreover, dozens of individual skins such as Five-SeveN Contractor, Tec-9 Tornado, all variants of P90 Scorched that previously sold for just a few cents a piece currently hover around the $1 mark. One particular commodity that saw an incredible spike in value since March 22 while still maintaining hundreds of daily sales is the Sticker Capsule 2, a loot box debuted in 2014 which has multiple variants that are currently valued at over $25, whereas they were averaging a couple of cents per sale a year ago.

The fact that plenty more players installed the game in recent days, thus upping the demand for a finite supply of some older items, is just one factor affecting these wild price