### **Frosty Cerberus Boots Token: Item Analysis** **Summary:** The Frosty Cerberus Boots Token is a rare cosmetic token from Treasure Hunter, used to unlock the Frosty Cerberus Boots override. Released in **late 2021**, it quickly became a sought-after item for its winter-themed aesthetic, tying in with holiday events. Being a Treasure Hunter item, it was time-limited and subject to RNG, making it inherently rare. Over time, supply has diminished as players consume tokens, while others hold them as investments. **Release Date:** Late **November 2021** (exact timing aligns strongly with Winter promotions on Treasure Hunter). **Rarity:** Moderately rare. Due to time-limited availability and rising interest in older Treasure Hunter cosmetics, its rarity continues to increase over time. However, subsequent Treasure Hunter events that directly reintroduce similar cosmetics or inflate removed tokens can temporarily saturate the market, impacting prices. --- ### **Price Trends & Historical Insights** Data on Frosty Cerberus Boots Token price trends reveals key insights: 1. **Initial Surge (November 2021):** Price starts at **148,000 GP** following its release, fueled by cosmetic hype and scarcity. This aligns with early adopters and cosmetic hunters driving demand during the height of Winter Holiday content. 2. **Post-Release Decline (Late December 2021 - Early 2022):** By early **January 2022**, prices dropped to **45,900 GP**, coinciding with the **Duel Arena removal** event. The removal could have led to a playerbase shift away from staking culture, reducing luxury demand temporarily. - This parallels common market behavior seen with treasure hunter cosmetics after their initial launch hype dissipates. 3. **Recovery & Stabilization:** Following Treasure Hunter-related promotions, the price stabilized between **32,000–45,900 GP**. Lower liquidity collections of tokens suggest this stabilization occurred as participants sought to acquire forgotten cosmetics. 4. **Significant Dips & Trends (Mid-to-Late 2023):** Factors like the **Hero Pass backlash** (September 2023) or macroeconomic catalysts (e.g., duped GP glut) produced gradual economic shifts, indirectly impacting asset classes like cosmetics. However, cosmetic investments remained resilient amidst macroeconomic downturns compared to traditional rares, owing to collector interest. --- ### **Price Prediction (Late 2024–Mid 2025)** Using historical trends, accompanying game events, and GP inflation forecasts, here’s the price projection during the next few months: 1. **Baseline:** **50,000–65,000 GP** by **December 2024**, driven by the Winter cosmetic resurgence and lower active supply. Nostalgia and holiday aesthetics typically spike interest during the holiday season. 2. **Upside Potential:** Major Jagex promotions or integration into **a Winter-themed Treasure Hunter event re-release** could result in short-term clamping at **25,000–35,000 GP**, as newly introduced Frosty theme items dilute demand temporarily. 3. **Upside Catalyst:** Post-Winter (~January-February 2025), collectible enthusiasm may pick up gradually toward **75,000 GP**, boosted by Jagex scaling microtransaction content (like the cash inflation in September 2024). 4. **Long-Term Ceiling:** Systems encouraging soft-hoarding like **Fresh Start Seasons** and gradual GP decay reinforce momentum topping possibly pushing Medium-Runcecall Annual UP normalized ^=252 over ©output