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No, not a balloon strain but a nice chubby female. Balloon varieties (of all fish species) are developed from fish with a seriously deformed spine. The dorsal lateral line on this fish is quite normal.
I don't know if it's just the lighting but she appears to have a nice rosey tinge to her belly, ready for spawning! I've had rams spawn the first day I put them in so don't be surprised if you get a spawn soon.
Hahaha the female and male are hanging around each other I have had rams before just not the electric variety. I loved them so I'm trying these out now and so far so good just put a bunch of fake plants in (ripped the gravel holder off so they'd float better) to calm the water and so far it seems to have worked.