STEEM Defi - RBS continues to hold its gains in spite of crypto market volatility

in robinia •  3 years ago 

Looks like the big move up is already starting for RBS and Robinia!

I've been posting about this for several weeks now and it looks like the run is starting to materialize.

The defi token of Robiniaswap, RBS is up 50% in the last week and showing no signs of slowing down.

Check it out:

image.png

(Source: https://pancakeswap.finance/swap?outputCurrency=0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1)

The reason for the price increase is due to several reasons...

The main reason for the price increase is because of a major IFO scheduled for this week.

These IFOs burn large amounts of RBS tokens all at once.

Given the thin trading and low market cap, it doesn't take much buying to push the price up.

People are starting to see what I have been seeing for weeks now and noticing that even with the current 50% gain, there is still a lot more to come.

They are burning more tokens than any defi project I have ever seen on a percentage basis and that is only going to continue through the IFO and beyond.

Even with this recent gain, the total market cap of RBS is only $400k.

Given what Robinia has going for it I think it could easy go up 5x-10x from the currently levels.

You can do the math to see what kind of token price that means for RBS...

You can purchase RBS directly or you can delegate your steem power to Robinia and earn via your delegation here:

https://robiniaswap.com/delegatefarm

As more people delegate to Robinia the higher the price of the token will go!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  3 years ago  ·  

Do you think Steem will ever move up ?

  ·  3 years ago  ·  

If bitcoin goes on a parabolic move STEEM will probably have a big run as well.

  ·  3 years ago  ·  

I hope so. I’d like to see $100,000 Bitcoin….. $1000 Steem and $1,000 Blurt

  ·  3 years ago  ·  

I think $10 STEEM is a lot closer to what you might see on a parabolic pump.

  ·  3 years ago  ·  

$10 Steem would be great.