Rollbit Coin Price Prediction With RLB Token Burn – Channel Breakout Next?

Rolbit Coin (RLB) price has dropped below $0.12 as the broader crypto market declined, with Bitcoin in the red today.

With a current market capitalization of $335 million, RLB is in the green over the past 30 days – up 7% – and is ranked by GambleFi as the largest gambling-related crypto token in the sector. coinmarketcap,

In a departure from a traditional crypto launch, Rollbit skipped an initial coin offering in favor of allocating RLB directly to patrons of its Rollbit.com platform, where the coin is deeply integrated into a specific lottery, casino, and leveraged trading platform.

Rollabit Coin Transfer to Ethereum: Key Deadlines Approach

The move of Rollbit coin from Solana to Ethereum last June is approaching an important milestone.

By May 1, 2024, all Rollabit Coin (RLB) holders will be required to transfer their tokens to the Ethereum blockchain. With about 2 days left, all remaining tokens on Solana are at risk of burning up.

As a quick reminder, your transfer deadline $rlb From Solana to Ethereum It’s May 1st!

After May 1st all Rollbit coins on Solana will be burned!

Learn more about migration:https://t.co/sNwbLIfxOs pic.twitter.com/sqUodW2Qy3

– Rollbit (@rollbitcom) 17 April 2024

This migration outlines Rollabit’s strategy to leverage Ethereum’s superior scalability and interoperability capabilities within the DeFi ecosystem. The move is expected to increase the functionality of the token and support the growth ambitions of the project.

Following the migration, reduced token supply on Ethereum could potentially increase the scarcity and value of RLB.

• Final migration deadline: May 1, 2024
• Immigrant tokens will be burned on Solana
• Migration aims for greater scalability and DeFi integration

Recent RLB Token Burn

Rollbit offers users profit-sharing from the platform’s casino operations as well as mitigates the RLB shortfall by continuously retiring half of the staking fees.

Given Rolbit Coin’s current circulation of 3.29 billion tokens, the combination of practical utility within its ecosystem and the deliberate burn of token supply positions RLB for a potentially positive market trajectory.

Rollbit recently celebrated a major milestone with the launch of the RLB Dashboard, 36 weeks after launch. The latest update from Rollbit reveals a massive burn of 18,572,172 RLB tokens, amounting to $1,941,562 spent.

It’s been 36 weeks since the launch of the RLB Dashboard!

Rollbot bought and burned 18,572,172 last week $rlb Circulating supply decreased by ~0.667%, at a cost of $1,941,562.

The currently circulating supply is 2,765,500,509 coins. https://t.co/spP4aF7BTQ pic.twitter.com/iRtMLTRovz

– Rollbit (@rollbitcom) 16 April 2024

This action reduced the circulating supply by approximately 0.667%, reflecting Rollbit’s strategic approach to increasing the scarcity and potential value of the token.

• The recently destroyed 18.57 million RLB tokens were worth more than $1.9 million.
• The purpose of scarcity is to increase the scarcity of the token and increase the value.
• The continued token burn demonstrates Rollbit’s commitment to managing supply and supporting coin market dynamics.

rollbit price prediction

In today’s trading session, the Rollabit coin price chart on the 4-hour Timeframe chart shows RLB below the important level of $0.122, suggesting a possible short-term bearish trend.

Another resistance level is at $0.131, if the decline continues the support level will be at $0.105.

The Relative Strength Index (RSI) is at 34, moving towards the oversold zone, which may prompt buyers to step in. The 50-day exponential moving average (EMA), now at $0.124, adds to the bearish narrative, however.

conclusion: As long as RLB remains below $0.122, it shows a bearish trend. A push above this level could signal a change in bullish conditions. Keep an eye on these levels and indicators to predict the next move of Rollbit price.

Rollabit Coin has a new low market cap alternative for a similar use case mega dice (dice).

Mega Dice launches presale

Mega Dice is an online casino with a wide range of over 4500 games – including slots, live casino tables and interactive game shows – and the added versatility of cryptocurrency transactions. This integration is powered by blockchain technology, ensuring secure and fast financial operations across the platform.

Mega Dice is actively conducting presales for its new Solana-based native token, $DICE, providing revenue sharing features to early participants and establishing a foundation for its broader utility across the platform.

Early investors in presale megadistoken.com Prepare yourself to receive daily rewards linked to the success of the casino brand. The $DICE token is integral to accessing the platform’s diverse offerings, which include a sportsbook with competitive odds and a licensed Telegram betting app.

Key Features and Upcoming Events:

• Presale participants receive bonus $DICE tokens at the rate of 1 $DICE = $0.069 when the ICO ends
• The integration of $DICE allows access to exclusive content and better community governance.
• A dynamic referral program offers 25% revenue share.

With a robust desktop and Telegram app – featured coin telegraph – and with a commitment to user rewards, Mega Dice is setting a new standard in the integration of gaming and digital currency platforms.

As the presale progresses, potential investors and gaming enthusiasts are encouraged to get involved early and secure their place in this evolving digital sector. With $596,000 raised at the time of publication, the value of the $DICE token is about to rise to nearly $1 million.

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