On the other hand there are multiple copies of the Black Lotus out there, albeit in varying conditions, and in theory that should keep valuations within a range of each other and count against gigantic spikes like this
Normally, when I'm tracking down the cause of a price movement like this, it doesn't take very long to find a new Standard or Modern deck that's risen to the forefront, a new MTG commander that's getting fans excited, or a card coming out in the next Magic: The Gathering set that works immensely well alongside a niche old playing piece
$4.49 Lindblum, Industrial Regency Final Fantasy $0.35 Black Waltz No
Additional creature cards discarded beyond the first won't result in additional Moogle tokens, and additional noncreature cards discarded beyond the first won't result in additional counters
Way back in 1995, a trading card game called Wyvern was debuting, published by a company called Carti Mundi
Thanks to this, theres bound to be a point where MTG players stop buying it, since its not worth the cost