### Summary of Rainbow Gaze Rainbow Gaze is an aura-like cosmetic override in RuneScape 3 that alters the appearance of your character’s eyes with a colorful, animated rainbow effect. It was originally released as part of a Treasure Hunter promotion during September 2021 under the Treasure Hunter Rainbow event, where it could be obtained through rare prize boxes. As with many TH promotional items with cosmetic appeal, Rainbow Gaze has become a status symbol, fluctuating in value given its historical exclusivity, demand among collectors, and rarity once removed from Treasure Hunter. #### Release Date: - September 2021 (Treasure Hunter event). #### Rarity: - Rare cosmetic tied to limited-time availability, often sought after for its prestige. Its value has repeatedly surged due to its desirability among cosmetic collectors and speculators. --- ### Historical Analysis and Notable Price Trends #### **Key Price Movements:** 1. **Initial Surge (2021):** Upon release, Rainbow Gaze debuted at a speculative price of 20M-25M, skyrocketing to **260M GP** in early January 2021 (likely due to hoarding). The spike can also be attributed to the rampant gold infusions during the **January Dupe Exploits (01/11/2021)**, introducing trillions of gold to the economy while artificially inflating high-demand cosmetics. 2. **Post-Dupe Crash (2021-2022):** Following stricter dupe rollbacks and gold sinks, the item's price collapsed to sub-10M over several months. By early 2022, Rainbow Gaze had dwindled down to **105K GP**, losing its speculative momentum from oversupply (likely from mass resales from inactive accounts and dissatisfaction with cosmetics in gameplay). 3. **Fresh Start Worlds (September 2022):** With **Fresh Start Worlds**, many players returned to RuneScape, and older discontinued cosmetics rebounded. This saw Rainbow Gaze begin its slow recovery toward **319K GP**. 4. **2023-2024 Revival Era:** Post-**Necromancy Update (August 2023)**, there was renewed interest in fashion scape tied to major expansions, resulting in a steep ascent towards the **1.8M GP price point as of December 2024**. Here, the reconstruction of the market, stabilized bonds, and snowballing interest in cosmetics caused by new crowds in active worlds reignited its recognition as a prestige item. #### **Insights from Updates and Events:** - **Dupes & Exploits:** The multiple dupe events (Jan 2021, Apr 2024) significantly devalued Rainbow Gaze for extended periods as excess GP in the economy caused short-lived booms and eventual crash cycles. Any future dupes could further destabilize its value. - **Treasure Hunter Events:** Jagex has periodically reintroduced other rare promotional items, but Rainbow Gaze, to date, hasn't seen an official **re-release**. An official reintroduction could cause prices to tank, so it remains critical to monitor Jagex's Treasure Hunter calendar. - **Player Event Backlashes:** Backlashes (e.g., Hero Pass release) often result in unpredictable spikes in rare items as collectors hoard during periods of reduced supply or when protest-driven buying occurs. --- ### Price Prediction (2024-2025) Given historical trends and the speculative interest surrounding cosmetics, Rainbow Gaze will most likely follow a **moderate fluctuation cycle** barring any massive gold-generating event or Jagex re-release. #### **Short-Term (3-6 Months):** - Projected Range: **2.5M to 5M GP.** - Recovery is likely as active cosmetics traders continue stockpiling and newer players seeking fashion scape increase demand. #### **Long-Term (6-12 Months):** - Projected Range: **5M-10M GP** (possible breakout toward 15M under bullish market conditions). - This depends on Jagex’s decision to retain or reintroduce the item through Treasure Hunter. **Factors Likely to Cause Spikes:** 1. No immediate re-releases through special Treasure Hunter promotions. 2. Increased interest following expansions or new cosmetics systems. 3. Further currency stabilization post-max cash patch. **Factors Likely to Cause Dips:** 1. Potential economy-breaking gold exploits as seen in past duping eras. 2. Frequent reintroduction of genetics-based or TH-associated items. --- ### Flipping Margins and Strategy **Current Margins:** The flipping margin for Rainbow Gaze in a relatively stable market is estimated at **200K-500K per trade**, but larger swings could occur during high-traffic events or promotional days. **Flipping Tips:** 1. Buy during late weekday hours as activity decreases (Thursdays/Sundays are ideal). 2. Sell immediately following patch notes, Treasure Hunter events, or following announcement patterns for special shop bundles related to cosmetics. 3. Avoid flipping during high player-count weekends, where pricing volatility tends to reduce margins. --- ### Advisable Items & Seasons #### **Complementary Items to Buy:** 1. **Halo of Returning** – Similar collector’s market with periodic speculative highs. 2. **Shadow Drake Pet** – Valued for its niche aesthetic and scarcity. 3. **Golden Cane** – Popular prestige item often linked to spikes in wealthy cosmetic interest. #### **Seasons and Timing:** 1. **Spring/Summer Events:** High adoption during casual player influx seasons, often triggering a capricious upward price trend before stabilizing in fall. 2. **Post-Dupe Cleanup Periods:** If another dupe occurs and is resolved, speculate low and invest again during early recovery. --- ### Conclusion Rainbow Gaze represents a heavily speculative investment item with high sensitivity to tides in RuneScape's economy and event-based changes. For the shrewd trader, it offers lucrative opportunities provided you remain vigilant for upcoming Treasure Hunter re-introductions or exploit-induced volatility.