Munich, Germany; January 17, 2022: Solana Coin in front of the Solana logo
- Popular crypto trader reveals the two hottest altcoins in the market right now.
- Both altcoins are Solana-based, and are currently underpriced, which further strengthens the traders’ bullish expectations.
A popular cryptocurrency trader has taken to X, formerly Twitter, to share insights into some of the most promising altcoins in the market. Both altcoins are Solana based, and the analyst seems to be staking up a significant amount, ahead of an expected bull rally.
The crypto trader who goes by the name The Flow Horse, on the X platform, has shared that he made a receiving to buy back the marketplace Open Exchange (OX) and Rollbit (RLB) Solana-based tokens. He goes on to explain to his 182,400 followers, the reason behind this move.
According to the crypto trader, American football season is about to begin, and this could play a huge role in bringing more eyes to the RollBitcoin. He added that both platforms are still underpriced at this time, and traders can benefit from finding an entry point.
As his post reads;
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.
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>> Buy Solana (SOL) quickly and securely with PayPal, credit card or bank transfer at eToro. Visit Website
Notably, the American football season usually kicks off in September and runs thrift October and November. According to a recent report from Forbes, across all viewing sources, the average audience totaled 16.7 million. In 2021, the numbers were slightly higher, sitting at 17.1 million.
Both the $OX and RLB tokens are trading in the red zone
It is worth noting that the trader’s advice is not financial advice, as the cryptocurrency market is subject to change at all times. However, his position in the market is reflective of that of a handful of market players. Typically, crypto traders and investors follow a pattern of buying undervalued assets, long before adoption increases.
Around this time, the assets are likely to benefit from a short-term, or a long-term rally, both of which can benefit early holders.
When asked why he is certain the assets are currently undervalued, the trader explained that the crypto community on the X (Twitter) platform, is constantly making poor crypto investments. He went on to explain that this pattern influences the sentiments surrounding other upcoming altcoins.
“Crypto Twitter will buy all types of meaningless garbage, so my alarm bells go off with something being unanimously hated. It just means that it is under-allocated for the time being, and I would not put it past the people behind the token to use it as a signaling mechanism.” He wrote in a response post.
At report time, the $OX token has lost more than 12% in price value over the last 24 hours. The asset is now valued at $0.03026. On the other hand, the RLB token is trading for $0.1461, after losing mild gains over the past weeks.
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