Arbit Weekly Sneaker Digest

What’s up guys?! We’re a little over a week away from the release of our Beta V3, with limited access opening on Saturday, December 9th! V3 will include a game-changing new feature in the sneaker market: sneaker price predictions! We’ve built an algorithm that predicts sneaker resell prices and price movement 14 days and 30 days into the future. 😱 Test drive our predictions model below!

Arbit Price Prediction Challenge 💡

We asked our algorithm what the future holds for Complex’s Top 2 sneakers of 2023. See if your intuition matches our predictions! 🤓

Market Analysis: What Happened to Nike Dunk Low Resell?

In the last year or so, resell prices of general release Nike Dunk Lows (non-SB) have trended down more aggressively than the general market. We’re talking about Pandas, Grey Fogs, Rose Whispers, etc. The market seems to now view these sneakers as a commodity, with hundreds of options from colorway to material available at every retail and resell store. Resell value is also suppressed by Nike’s penchant for re-releasing these dunks regularly. We’ve lost count of how many times the Swoosh has released the Panda lows this year alone! The story of the Nike Dunk Low (non-SB) is one of market over-saturation, and we expect this story to continue into 2024. Natalya and Bempah

Watchlist: Jordan 4 Retro Red Cement (DH6927-161)

One of the best selling sneakers of 2023 is starting to trend up in price, and our algorithm gives that price a 74% chance of increasing in the next 30 days. 📈 Jordan Brand released a lot of the Red Cements back in September, and the large supply has kept price premiums down, with resell prices approaching retail in some sizes. However, in the last couple of weeks, we’ve started to see the strong demand creep up to supply, with prices following. Coop

-Team Arbit #trusttheprices

ABOUT ARBIT: Arbit is an AI platform that sneaker buyers and sellers can use to make smarter transactions in the resell market.👟🤑