I don't see how the long term outlook can be bullish. This is essentially a gambling coin that stakes, so basically giving out more coins that there is nothing to do with but gamble. Gamblers that lose will buy more gamblers that win will sell but the supply keeps increasing so the price has to go down.
This coin really has some interesting economic properties:
1. As the price goes up more people will be motivated to claim their "free" claims (I doubt it is a coincidence that the "whale" showed up after the huge price rise of the past year or so). When the price goes down, people won't bother. That gives it a supply curve more like a physical commodity like gold than Bitcoin. In turn that should tend to make the price less volatile and a better store of value.
2. Staking inflation is high (about 4% per month currently, but that declines as the supply increases) but if you stake your coins you do even better than that because not everyone stakes.
I don't know where this coin is going to end up. At the moment it looks pretty bleak, but it's an interesting experiment in any case.