Valve’s recent update to Counter Strike 2 has significantly impacted the skins market, allowing players to trade five regular Covert skins for rare knife and glove cosmetics. This change has dramatically increased the supply of these sought-after items, slashing prices by around 28.11%, equating to nearly $2 billion in market cap loss within a week. While casual players may benefit from easier access to desirable skins, those who invested heavily in the cosmetics are facing considerable financial losses. The update illustrates a major shift in the game’s economic landscape, prompting reflection on investment choices in virtual goods.
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