I took some profits on $0.1 on $RLB but looking for re-entry. Still pretty good trade from my point of view.
Reasons:
- P/S 0.65 is crazy ($360 mil. annualized fees)
- Sport season ahead
- Potential to be listed on T1 CEXes (despite it's gambling)
$0.77 zone seems good to me but I'll probably DCA in before. Long-term position so no hurryđ«Ą
Some good resources or takes about $RLB:
https://t.co/8v9Qwj6f06
https://t.co/af2t2eRVRG
https://t.co/SsIM8TkNan
https://t.co/WM2NswktGG
Theoretical narrative competitors for $RLB:
- $SHFL (main)
- $WIK (small cap)
- $WINR
- $AZUR (platform - not direct competitor)
