### **Rainbow Title Scroll Analysis** #### **Summary** The Rainbow Title Scroll is a cosmetic item in RuneScape 3 that grants the "Rainbow" title to players when activated. First released via Treasure Hunter during the 2021 Pride event, it became instantly sought after for its unique aesthetic, representing diversity and inclusivity. It has no functional benefits but holds significant value in the cosmetic and rarity markets. #### **Release Date**: June 2021 (Treasure Hunter) #### **Rarity**: Moderately rare but directly tied to limited promotions. Unlike other Rainbow-themed cosmetics tied to Treasure Hunter (e.g., Rainbow amulet or capes), the Rainbow Title Scroll gained a higher prestige due to its visual impact and limited re-releases. #### **Overview of Rarity and Price Trends** 1. **Initial Release (2021)**: The scroll's original price ranged between 50-150M GP due to high supply during its promotional event. 2. **Post-Promotion Spike (2022)**: By mid-2022, scarcity increased prices into the 400-600M GP range, as no re-releases occurred until Treasure Hunter promotions in late 2022 caused a dip back to 50-100M GP. 3. **2023 Recovery**: Prices grew moderately post-Fresh Start Worlds, peaking at 200-300M GP due to growing exclusivity. 4. **2024 Surge**: The Max Cash update on 05/15/2024 injected trillions of GP into the economy, causing cosmetic items with high demand and limited supply, such as the Rainbow Title Scroll, to skyrocket in value, hitting a peak of 450M GP by late October 2024. --- ### **Current Price Prediction (Q4 2024 - Q2 2025)** Given historical trends and the state of the market: - **Immediate Future (Nov 2024 - Jan 2025)**: Prices will likely stabilize at 425-475M GP, driven by post-duplication gold inflation from the GIM Bank bug (11/01/2024) and continued speculative buying by merchants. The Black Partyhat event (12/01/2023) may result in price dips due to gold hoarding for rarer releases, though this won't affect cosmetics like the Rainbow Title Scroll significantly. - **Mid-2025 Outlook (Feb - June 2025)**: - If Jagex avoids adding this title to Treasure Hunter or boss RNG drops, we expect steady growth toward 500-550M GP as GP inflation continues to rise. - A re-release or Treasure Hunter focus during Pride Month (June 2025) could cause a sharp drop back to 100-150M GP. Historically, Jagex has capitalized on popular cosmetic items by adding them to events, making re-release a legitimate concern. #### **Key Drivers of Value Changes** 1. **Economic Inflation**: Game-wide influxes of GP (e.g., Max Cash bug, Treasure Hunter 1B GP update) reduce the relative value of gold and inflate high-demand, low-supply items. 2. **Seasonal Events**: Pride Month in June presents a risk of re-rolls or similar promotional cosmetics being released. 3. **Scarcity Mechanics**: With no active means of obtaining the item since 2022, barring unforeseen re-releases, its scarcity lends itself to strong recovery potential after market corrections. --- ### **Typical Flipping Margins** The Rainbow Title Scroll is a highly volatile item with consistent demand from high-level collectors. Typical profit margins for active flippers range between: - **Fast Flips** (1-day turnaround): 15-25M GP per trade in fast-moving markets. - **Slow Flips** (week-long holding): 50-75M GP per trade during market spikes caused by GP injection events or fresh promotional content. While flipping yields are competitive, buyers tend to haggle aggressively and undercut quickly, meaning patience is key. --- ### **Complementary Items for Investment** To hedge against the volatility of the Rainbow Title Scroll and to maximize similar gains, consider investing in analogous items: 1. **Pride-Themed Items**: - *Rainbow Amulet* and *Rainbow Halo*: Both are lower-risk, slower-gain investments tied to the same audience. Historically, their prices recover moderately even after re-releases. 2. **Other Rare Treasure Hunter Titles**: - *Shadow Drake Title Scroll* and *Golden Partyhat Title*: High-demand, low-supply items like the Rainbow Title Scroll cater to cosmetic collectors seeking exclusivity. 3. **Event-Driven Investments**: - *Reaper Capes and Death Add-Ons*: Similarly limited and tied to niche audiences who drive post-event value increases. --- ### **Seasonal Trends and Outcomes** 1. **Positive Seasonal Outcomes**: - **December-January**: Holiday events and promotions typically result in large GP influxes and player spikes, increasing demand for cosmetics as investments. - **June (Non-Pride Re-release Years)**: Scarcity drives price increases if the item isn't reintroduced during Pride Month. - **Post-Gold Dupes/Inflation Spikes**: Cosmetic markets recover faster than other segments due to demand consistency. 2. **Negative Seasonal Outcomes**: - **June (Pride Re-release Years)**: A re-release kills exclusivity and typically leads to price drops of 50-75% in the Rainbow-themed market. - **Early Q3**: Updates focused on skill reworks (e.g., Mining and Smithing in 2024) shift player focus from cosmetics to performance-based equipment, slowing flipping opportunities. --- ### **Concluding Thoughts** The Rainbow Title Scroll reflects RuneScape’s growing cosmetic economy, using scarcity and high GP inflation to log meteoric price rebounds post-releases. While its value remains relatively insulated from gameplay updates, inflation events are key to its price trajectory. Traders should watch for Pride Month-announced Treasure Hunter promotions as potential risks and capitalize on off-peak flipping opportunities during recovery periods.