A closely watched crypto strategist says a growing blockchain casino project could explode by another 200%.
Pseudonymous analyst The Flow Horse, also known as Cantering Clark, tells are 179,700 Twitter followers that Rollbit Coin (RLB) could rise another 3x from the $0.10 level.
He gives several reasons to support his prediction, including that positive public awareness of the altcoin project remains low, that those involved in the project have influential social media accounts, and that the price of the token is perceived as cheap.
“A 3x is conservative.
- Rollbit takes up a lot of mindshare, and it’s not the good kind. So we can assume that the positioning is not saturated or close to it. This is also an asset that only has a spot market, ie long flows for the most part only, with hardly any market penetration.
- Under their hood, they own some of the biggest influencer accounts, which means they own the most megaphones.
- At $0.10, the unit bias is strong. The potential for much higher prices seems clear.
- It is a casino token, so we can assume unscrupulous attempts to inflate its value are being pursued, and fair play is not to be expected.
- This is what’s going to happen, more people on the timeline will start rolling and say, ‘Yeah, I don’t believe in it morally, but I like the token, because do you want to make money or not?’”
He too say that he bought more RLB after the token fell from an all-time high of $0.12 on Wednesday.
“I bought some more RLB. This has a nice cadence. Pump, 20%-25% pullback, and then someone scoops up all the stock and forces you to consider buying higher. Any dip is a buy until this is a token with a market cap of at least $1 billion, which is conservative.
RLB hit a low of $0.019 on June 23 and is worth $0.093 at the time of writing, up 389%.
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Image generated: Midway through the journey