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The Freestyle Tire was obtainable in Season 31: "Freestyle" by reaching level 4.
Top 3 holders control
Largest holder · 3.3% of circulation
While the Freestyle tire is a very recent item, its most similar to other L4 items (for example Belgian Waffle, Quarter Dollar or 8-Bit rims), all of which are 250K already, therefore there's no real reason for it to be below those in value.