Explosive surge in CS:GO skin prices and how its reshaping the game's economy

sportskeeda.com:

The CS:GO skin market has recently been booming, with prices going up at an all-time high. With CS2 arriving soon, the playerbase is not holding back from getting the most exotic skins from the market. As a result, skin prices are climbing the ladder at an interesting rate. That said, many players are wondering about the endgame regarding this phenomenon. What happens when players start to cash out their sales? Could it impact the market negatively when CS2 launches?

CS:GO skin market has always been an interesting place for in-game trading. Players are often interested in purchasing the latest fashion for their weapon for either the looks or as an asset to resale it at a greater value of profit.

With the news of CS2 arriving, more and more players have jumped into the bandwagon where CS:GO has seen an all-time-high playerbase, which has also affected the skin marketplace by a huge margin.

Valve recently announced the upcoming CS:GO port to the Source 2 Engine, which will be called CS2. The CS2 announcement made the fans extremely hyped as their beloved shooter will have a new generation entry with various changes and tweaks in the long-awaited Source 2 Engine. It also made the release further exciting for the CS:GO skins as well.

This is particularly true because the next-gen Source 2 visuals are enough to beautify many skins. Due to this, the market became more aware and cautious regarding re-selling skins. Players are opening more cases than ever, hoping to get a rare or exotic weapon skin that can be sold at a greater profit.

CS:GO skins were already running low in supply as the prices were too high, and the playerbase increased exponentially since the pandemic. That being said, the increased popularity of the shooter was