### Clover Axe Token: Analysis, History, and Insights
#### **Summary**
- **Release Date**: January 2021, as part of the Clover event for Treasure Hunter.
- **Function/Purpose**: Unlocks a cosmetic override that transforms axes into the Clover Axe—a visually appealing, luck-themed item. Purely cosmetic with no gameplay advantages.
- **Rarity**: Initially considered uncommon but dropped significantly in rarity due to Treasure Hunter re-releases and subsequent dupe glitches.
- **Current State**: The item is historically volatile, with exaggerated spikes and dips that correlate with game updates and economy-focused patches/events.
---
#### **Historical Price Analysis**
- **January 2021**: Token debuts at **1.8M–1.775M GP**. The high initial value reflects its demand as a cosmetic alongside speculation from Treasure Hunter followers. The massive GP injection from the **01/11/2021 rollback dupe** exacerbated token price increases further.
- **March 18, 2021**: Stabilizes slightly around **1.775M**—post-valued scarcity.
- **Mid-May 2021**: Prices **drop to 12,600–140,000 GP**. This aligns with Treasure Hunter promotions that reintroduced the token, overinflating supply. Simultaneously, player interest shifted toward Croesus' early teases.
- **July–September 2021**: Slight bump (peaked at **1.95M GP** in mid-September 2021) correlates with Croesus' hype (release date: **09/27/2021**), as players cashed out to fund PVM equipment, artificially creating demand for lower-cost rares.
- **2022 Developments**:
- After the **01/04/2022 Duel Arena removal**, Clover Axe Token saw another downturn, hitting **85K GP in August 2022**. This drop reflects reduced wealth circulation among maxed accounts reliant on staking profits.
- The **09/22/2022 Fresh Start Worlds introduction** encouraged token flipping strategies, creating significant price fluctuations where opportunistic purchasing and resales occurred.
- **2023 and Beyond**:
- Largely stagnant during **Wilderness PvP Removal (2022)** and **Necromancy skill launch (2023)**. Demand remained muted as key players were more interested in training gear and game-breaking updates.
- **Hero Pass backlash (09/05/2023)**: Did not directly impact token prices. However, secondary market trends showed spikes as some players focused on collectibles rather than short-term GP floating.
---
#### **Price Prediction (Next Few Months, 2024–2025)**
Using historical data alongside manipulation trends:
- **Short-Term Price (3–6 months)**:
- Slight **uptrend to 200K–400K GP**—a rise fueled by the upcoming novelty surrounding **RuneScape's Easter events (April)**, where interest in cosmetic overrides and collectibles tends to spike. Successive Treasure Hunter gold sinks will likely stabilize gold inflation, increasing confidence in manipulating low-tier items like the Clover Axe Token.
- **Long-Term Price (12+ months)**:
- **Downside risks remain significant** due to the potential reintroduction of Treasure Hunter events or overstock. A likely floor around **50K–150K GP** could emerge in late 2024 or 2025 as newer cosmetics dominate attention, pushing older cosmetics into obsolescence.
Potential External Influence:
- **06/25/2024 Bond Price Increase**: Likely triggers upward speculation due to GP redistribution as fewer bonds means reduced GP sinks.
- **Runecrafting and Smithing Rework (August 2024)**: Secondary market demand could rise if clover aesthetics play into related promotional themes.
- **Duplication Incidents (Unpredictable)**: Any dupe impacting Treasure Hunter tokens directly could lead to supply oversupply, plummeting prices as short-selling intensifies.
---
#### **Typical Flipping Margins**
- **Current Optimal Margin**: ~10K–50K GP per flip. The token’s relative illiquidity makes it a less attractive item for frequent high-margin trading compared to more liquid cosmetics (e.g., Black Santa Hats or elite skilling sets).
- Recommended flipping strategies in markets like these include:
- **Buying Below 75K GP** (potential upward demand post-update news).
- Utilize **seasonal demand surges** (e.g., March–May Treasure Hunter activity increases prices by 20–40%).
---
#### **Similar Items to Monitor**
1. **Golden Rose Token**:
- Similarly cosmetic, tied to seasonal themes.
- Prices show parallels with Clover Axe Token during cross-promotions.
2. **Aurora Dye**:
- Considered for its volatile Treasure Hunter accessibility.
- Crafted and cosmetic market overlaps support predictability.
3. **Leprechaun Hat Token**:
- Directly tied to the same Saint Patrick’s Day theme. Price movements mirror Clover-related updates.
4. **Skilling Outfit Tokens**:
- Expensive collector demands surge seasonally, closely mirroring Clover token rebounds during bank update months.
---
#### **Seasonality Insights**
- **Positive Price Trends**:
- **March–May (Spring)**: Luck and cosmetic-related promotions (e.g., Easter events, St. Patrick’s Day celebrations).
- **December–January**: Holiday-themed Treasure Hunter additions create heightened scarcity perception.
- **Negative Price Trends**:
- **September–October**: Treasure Hunter’s general pivot favors Halloween and Necromancy-promotions; hence, clover-related items lose attention.
- **Immediately Post-Promotions**: Any re-release drastically reduces token value, as seen mid-2021 and again in 2022.
In conclusion, the Clover Axe Token represents a volatile, low-capacity item tethered heavily to Treasure Hunter cycles, with pronounced flipping windows during cosmetic-themed updates and strong long-term risks tied to re-releases.
Ely Intelligence Analysis