08/15/2020 ~ Mohammad Yousaf

Nike Space Hippie Lemon Venom Background, Release Details, and Resale

Nike is set to release another colorway of the Nike Space Hippie 04 next week! The Nike Space Hippie 04 Lemon Venom Price is $130 and the release date is August 20th. Keep reading to know all about it!

August has been an incredible month for resellers so far with profitable drops every week! Check out our top picks for August 2020’s Best Sneakers to Resell. There are tons more to come so keep it here at Six Figure Sneakerhead to always be informed.

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This Multi-Billion Dollar Market is chock full of profitable releases, making it possible for anyone to make thousands every month! To get the most out of this market, you’ll need the right understanding and guidance.

I recommend checking out our blog for a proper education. A sneaker re-selling education! We make sure you’re well aware of all profitable drops to come.

The Nike Space Hippie 04 Lemon Venom is Nike’s latest addition to their highly commended ‘Space Hippie’ lineup.

Even though the Nike Space Hippie 04 Women’s sneakers aren’t too profitable, the larger sizes do rack in some profits.

Skip to conclusion for those in a hurry.

Sneakers & Pollution

Nike Plastic littering Coral Reefs Via Science News

Unfortunately for the planet, one of the most important material that goes into a sneaker is plastic. A non-biodegradable and pretty much indestructible material that is light weight and flexible for various uses.

As a result of being used in so many things, often times it gets discarded very irresponsibly. Ultimately that plastic ends up in the sensitive natural habitats such as the forest and oceans. Not only does it choke wildlife but also destroys habitats such as coral reefs.

In 2019 alone, 20 billion sneakers have been sold world-wide and perhaps even more have been manufactured. Those sneakers then end up in the oceans and seas.

BBC has reported hundreds of sneakers washing up on sores of tropical islands such as Hawaii and Maldives among many. Nike’s “Move to Zero” initiative is an excellent way to counter this problem and move to the right direction. As a side effect, this also encourages other companies to do the same.

Although plastic isn’t the only problem, stitching and glues can also be a pain to get rid of. Collectively, masses of rubbish that includes these materials are accumulating on ocean surfaces.

Nike however, seems to be leading the way for change.

Nike| Space Hippie

From Trend Hunter

The Nike ‘Space Hippie’ lineup is one of a kind when it comes to sneaker technology. Although Nike has been doing it for a long time, it certainly is not to the scale of this lineup.

The VaporMax for example, has used the Flyease technology which uses lesser materials and recycled polyester. Not only is this an economic decision for Nike, the overall production leaves a smaller carbon foot print on the planet.

The Space Hippie lineup takes that to the next level. These shoes are made up of at least 50% of recycled materials in weight and use 90% of recycled polyester.

The addition of the Nike Space Hippie 04 Lemon Venom proves that Nike is going all in with this collection. As this trend catches on, which is likely, this will significantly reduce the over-all carbon footprint of the entire sneaker industry.

Luckily the Space Hippie lineup has been a massive success and is highly sought after. People are paying crazy high resale prices for a lot of these space hippie sneakers.

To estimate the resale value of the Nike Space Hippie 04 Lemon venom, let’s head on over to StockX.

Nike Space Hippie 02 Vast Grey

From StockX

Retail Price: $150

Peak Resell: $450

Release Date: 07/03/2020

Colorway: Vast Grey/Hyper Crimson

The Nike Space Hippie 02 Vast Grey Hyper Crimson is the first ever colorway for this silhouette. Although not the most sought after out of the pack, they’re still quite popular.

The sneaker is a typical running style shoe with an elevated crater foam sole and a slip-on design. A vast grey upper with a crimson stitched swoosh finishes off the design.

On StockX, they’ve been selling for an average price of $240 which is a $90 Gross profit per pair. At peak resale prices, gross profits are as high as $300.

For a more detailed look, see our article.

Nike Space Hippie 04 grey Volt

From StockX

Retail Price: $130

Peak Resell: $300

Release Date: 07/03/2020

Colorway: Wolf Grey/Volt-Black-Dark Smoke Grey

The Nike Space Hippie 04 Grey Volt features a grey upper with a Volt stitched swoosh, a black stitched lacing system and a white speckled crater foam sole completes the design.

On StockX, they’ve been consistently selling for small profits. The average selling price is $180 which is a gross profit of $50 per pair. At peak resale prices, profits would be around $170. See out article for a more detailed look.

The Nike Space Hippie 04 Lemon Venom is expected to have similar resale value.

Nike Space Hippie 04 Summit White Hyper Crimson (W)

From StockX

Retail Price: $130

Peak Resell: $425

Release Date: 07/03/2020

Colorway: Summit White/Hyper Crimson

The Nike Space Hippie Summit White Hyper Crimson is identical to the aforementioned sneaker with the exception of the white upper and crimson ‘Swoosh’.

The women’s Nike Space Hippie 04 doesn’t sell as well as the men’s. With an average selling price of $162, there’s not much money to be made here. However At peak resale prices, profits could be as high as $290.

Nike Space Hippie 04 Lemon Venom

Nike-Space-Hippie-04-Lemon-Venom-Full-View
Via sneakerbardetroit

Retail Price: $130

Estimated Resell: $180

Release Date: August/20/2020

Colorway: Lemon Venom/Light Arctic Pink

This sneaker is the lightest of the bunch and is made up of at least 25% recycled materials.

The upper is a light pink space yarn build with vibrant yellow stitching and a matching heel strap. The space yarn is made up of 75% of recycled content which is a great production choice to clean up the oceans and beaches. It’s made up of T-Shirts, plastic bottles and garment wastes.

Furthermore, grey appears on the medial while a white speckled crater foam sole finishes off the design. Take a close look for yourselves.

Nike-Space-Hippie-04-Lemon-Venom-Side-View
Via sneakerbardetroit
Nike-Space-Hippie-04-Lemon-Venom-Lateral-View
Via sneakerbardetroit
Nike-Space-Hippie-04-Lemon-Venom-Hover-View
Via sneakerbardetroit
Nike-Space-Hippie-04-Lemon-Venom-Heel
Via sneakerbardetroit
Nike-Space-Hippie-04-Lemon-Venom-Sole-View
Via sneakerbardetroit

Estimated Resell

Although most sneakers within the space hippie lineup are highly profitable, the Space hippie 04 is the least hyped out of all of them. That’s not to say that they’re bricks, however, I’d only expect minor profits for now.

To get your money back on StockX, you’ll need to sell the Nike Space Hippie 04 Lemon Venom for at least $155. Thus by using my estimated resell value, expect profits of around $$25.

By selling on eBay, you’ll be eligible for the 10% fee exemption, making profits of up to $50 possible.

Where to Cop

You can buy the Space Hippie 04 Lemon venom at Nike and select retailers on August the 20th. I Still expect these to sell out fast so bring your A game!

The Nike Space Hippie 04 Lemon venom StockX link can be accessed here. You can also purchase today from other re-seller websites such as GOAT and eBay.

Conclusion

Nike Space Hippie 04 Lemon Venom

Retail Price: $130

Estimated Resell: $180

Release Date: August/20/2020

Where to Cop: (Retail) Nike

                           (Resale) StockX

That’s all for today folks! Follow us on Twitter and Instagram for updates on the hottest sneaker releases. I also recommend joining our Winner’s Circle to help you cop the most profitable sneakers!

If you’re new to sneaker re-selling, I highly recommend reading the Hypemaster Playbook. This step-by-step guidebook is all the help you need to master your re-selling game.

Have a great week everyone!

Mohammad Yousaf.