why are the prices of fishes so high?

Okay, I mean like the guppies and gold fish.
is there a reason? the exchanges for these items suck, so why do people even buy them?

I believe they are crafting and/or alchemy components.

wtf they were like 1.5k a week ago, now theyre like 500g. there goes fishing.


Wonder what happened?

People realized they could make money off of fishes and then they started doing that dumb thing where they all undercut each other in prices hoping to sell as quickly as possible without caring about profit they could have made if they all just waited.

I 've noticed that aswell,

Some people are willing to spend lots of money to buy alchemy components ...
I made profits from selling them once ... I earned around 12mil from it

Fishes sell for alot because they're used as alchemy components.

flynnflation

I got a fish in the daily chance on a mule and was able to sell it for quite a bit. I don't know much about the whole Alchemy thing, but I did see people talking about needing them for recipes and shit in the forums.