Crypto Gambling Platform Rollbit’s Token RLB Breaks All-Time High
Rollbit’s native token RLB is outperforming other crypto assets, currently up over 103% in the last week and 50% in the last 24 hours. The online platform offers leverage betting on casino-style games, sports, and cryptocurrencies.
Main Breakdown:
– RLB started 2023 at $0.002 and is now trading at $0.159, a gain of 7850% year to date.
– Rollbit’s co-founder, “Lucky,” announced changes to RLB’s tokenomics, introducing a buy-and-burn feature. Portions of revenue will be used to purchase and destroy RLB tokens, aiming to strengthen the token’s price.
– 10% of Rollbit’s Casino, 20% of its Sportsbook, and 30% of its 1000x Futures revenue will be used for RLB’s buy and burn.
– Rollbit’s hybrid offerings and successful business model have allowed consistent revenue generation regardless of market conditions.
– The revamped tokenomics system is expected to provide a unique value proposition to RLB holders.
Hot Take:
Rollbit’s RLB token is experiencing significant growth and surpassing other crypto assets. The introduction of a buy-and-burn feature aims to further strengthen the token’s value. With a proven successful business model, Rollbit is confident that this update will be a game-changer in their history.
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