[tigger0jk]

People are excited to watch card pack openings, more content creators start making that content since it's popular, demand for old sealed product goes up driving price increases which also makes it more exciting, not to mention the increase in content introduces a broader audience, and then again more people interested leads to more content and demand and price increases.

It's a feedback loop, hard to say exactly what got it going, how big it can get, and what happens when it slows or stops, but for now you can enjoy the mania.

Matt Levine might credit this to his "boredom markets hypothesis" during the pandemic. If you can't go out to a bar or a movie or a casino, then speculating on stocks or crypto or Pokemon cards is more fun compared to the now more limited options you have available, so more people will do that. https://archive.is/X8qY6