- RLB and OX, backed by Solana’s ecosystem, are receiving renewed interest from prominent crypto trader The Flow Horse.
- With the American football season kicking off, platforms like Rollbit (RLB) could see increased attention and potential growth.
In a recent development in the crypto world, renowned trader The Flow Horse, previously known as Cantering Clark, shared with his 182,400 followers on social media platform X that he has begun reacquiring Solana-based online gambling and sports betting platform Rollbit (RLB) and the cryptocurrency claims trading platform Open Exchange (OX). This move follows after both the cryptos underwent substantial price corrections. He alluded to these purchases in a tweet from the HORSE @TheFlowHorse.
American football season is starting which ideally should bring attention to @rollbitcom as crypto futs dry up more, both venues are still underpriced, and the expected dip has been generous.
— HORSE (@TheFlowHorse) September 13, 2023
RLB currently trades at $0.143, reflecting a decrease of about 30% from its peak in August. However, the coin has shown a commendable performance since mid-June, soaring by approximately 521%. On the other hand, OX is valued at $0.0328, which is a drop of nearly 60% from its zenith recorded in the preceding month.
Why The Renewed Interest?
The Flow Horse’s renewed interest in these tokens appears strategic. He mentioned the start of the American football season, indicating that it could possibly amplify attention towards Rollbit. Additionally, with the drying up of crypto futures, he opines that both RLB and OX venues remain undervalued, especially given the depth of the recent dips. On the topic of OX’s valuation, The Flow Horse commented,
“Crypto Twitter will buy all types of meaningless garbage, so my alarm bells go off with something being unanimously hated. It simply signifies it’s under-allocated currently, and I wouldn’t be surprised if the token is used as a signaling mechanism in the near future.”