RLB and OX, supported by Solana’s ecosystem, are gaining attention from a notable crypto trader known as The Flow Horse. As the American football season begins, platforms like Rollbit (RLB) might experience more interest and the possibility of growth.
In a recent update in the crypto space, well-known trader The Flow Horse, previously called Cantering Clark, informed his 182,400 social media followers on platform X that he has started buying back Solana-based online gambling and sports betting platform Rollbit (RLB) and the cryptocurrency claims trading platform Open Exchange (OX).
He made these purchases after both cryptocurrencies experienced significant price drops. He hinted at these acquisitions in a tweet from his handle @TheFlowHorse.
Started buying back $OX and $RLB
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
Currently, RLB is trading at $0.143, which is down about 30% from its highest point in August. Nonetheless, the coin has demonstrated impressive growth since mid-June, surging by approximately 521%.
On the other hand, OX is currently valued at $0.0328, marking a decrease of nearly 60% from its peak in the previous month.
Why the Renewed Interest?
The Flow Horse’s renewed interest in these tokens seems to have a strategic purpose. He mentioned the start of the American football season, which could bring more attention to Rollbit.
Additionally, he believes that both RLB and OX platforms are undervalued, especially after their recent price drops, as crypto futures have become less popular. Regarding OX’s value, The Flow Horse suggested that when something is widely disliked in the crypto Twitter community, it often indicates that it’s currently under-invested in, and he wouldn’t be surprised if the token becomes a signaling mechanism in the near future.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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