Until the 4th on January, keys had been on a unstoppable rise. Their price was going up by a rec per week. The value was skyrocketing. The value was rising so much that people panicked. People thought keys were just to expensive, and person by person, people stopped buying them. No one wanted to buy keys for nearly 20 refined. Therefore, all the sellers had keys, but no buyers. Very quickly, sellers panicked, and started to sell keys for cheap. When people saw that these keys were dropping so fast, they panicked too, selling their keys. Eventually, keys became 10 ref, but instantly shot back to 13. Why? Because panicked sellers sold for 10, until there were no more panicked sellers.

Finally, keys settled at around 13 refined.

What does this mean for the future of keys?

Keys will continue to rise, but on a slower trend, a trend similar from 2012-2014. If there is a fast rise in keys, expect a drop like this again.